Client Results
SMS Vanacore (SMSV)
Success Rates – Results
SEC Due Diligence Searches
1st and 2nd Mailings
- SMSV locates 96% of RPO/Lost accounts
- SMSV reactivates up to 70% of these accounts
Deep Search—Fee Search
- SMSV locates 99% of the RPO/Lost accounts
- Of the remaining accounts returned from the post office, SMSV reactivates up to 60% within the first year
How does SMSV get these results?
- Solid, simple outreach to lost shareholders
- Full disclosure
- Voluntary program
- Easily understood
- Communication options to client or SMSV
- Follow up and follow through
- Proprietary Database
- Greatly exceed those required by the SEC
- Access to billions of records
- Updated daily directly from state and national sources
- Individual Attention
- Manual Investigation
- Research
- Licensed Private Investigators
- Demographic strengths
- Areas of Expertise
Client Case Study 4th quarter 2006
Initial Data Analysis completed by SMSV
- SMSV identifies immediate compliance issues
- SMSV with client develops strategy to implement findings
Initial Findings
- 15,000 lost accounts equaling $75 million in total RPO lost asset values
Initial Results within the first 18 months
- SMSV reactivated 9000 accounts
- $62 million in asset values
Results within the next 12 months
- SMSV reactivated additional 3500 accounts
- Additional $7 million in asset values
SMSV search efforts are ongoing through escheatment