The Dispatch

Making it Easier to do Business

Faster Delivery of Clients’ Funds

When your clients request money from their managed account, it's typically for an important reason. However, mailing a paper check, and even overnight deliveries, can be slower than expected and impacted by staffing constraints at the post office and overnight delivery providers.

Similarly, when firms had to switch to a work-from-home environment, many services that were dependent on employees being in the office were no longer feasible. For example, Goldman Sachs ceased offering overnight check delivery in 2020.

A bank wire, also referred to as a Fed Funds wire, is nearly instantaneous, is traceable, and makes it easier and faster for your clients to receive their funds. And while historically if a client wanted to send money via a bank wire they were charged a substantial fee, we are pleased to inform you that this is currently not the case and there is no fee for issuing a Fed Funds wire. Of course, having an ACH bank link set up for your client accounts always makes it convenient to transfer funds in or out of the EQIS account.

This is another way that EQIS continues to work to make it easier to do business.

If you have questions, please contact Advisor Services at support@EQIS.com or 800-949-9936 and then press 2.

In This Issue:

• State of the Markets   |   Broad Losses in Q1
• Making it Easier to do Business   |   Faster Delivery of Clients’ Funds
• Manager Spotlight   |   Driven by Discipline and Consistency
• Your EQIS Team   |   Meet Rob Gee

See The Dispatch Archive

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