SPV Management Services

WSFS SPE Services, LLC is a provider of comprehensive solutions for special purpose vehicles (SPVs), also known as special purpose entities (SPEs). Our SPV management services offer independent director, commercial domicile, and registered agent services. Our solutions for special purpose entities include corporate record keeping, bank account maintenance and reconciliation, and board meetings and minute preparation.

Our Services

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Independent Director Services

An independent director plays a crucial role in the functioning of SPV by serving on its board of directors. WSFS SPE Services, LLC can provide you with an independent director that can assist your SPV in a wide variety of SPV transactions, including structured finance, credit, real estate, or asset-backed securitization transactions.

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Commercial Domicile Services

A commercial domicile is the headquarter of an SPV in which management discusses and manages business activities. Our services help SPVs set up commercial domiciles by offering office space, employees, officers, directors, and administrative services. This service is available in both Delaware and Nevada.

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Registered Agent Services

A registered agent is a person or business who can accept legal documents and government notifications on behalf of a special purpose entity. WSFS SPE Services, LLC can serve as your registered agent to ensure that your SPV is functioning in accordance to the law. This service is available in both Delaware and Nevada.

Our SPV Management Solutions

Corporate Governance Services:

  • Springing and special members
  • Independent Director
  • Company formation/qualifications
  • Corporate administrative services
  • Preparation for local and state filings
  • Corporate record keeping
  • Conference room facilities
  • Mail processing and forwarding

Entity Management Services:

  • Bank account maintenance and reconciliation
  • Board meetings and minute preparation
  • Telephone answering and message services
  • Shared or private office space

Trust us to create and manage an SPV that can meet your goals and become a successful component of your planning strategy.

How Do SPVs Work?

Also known as a special purpose entities (SPE), the SPV must conduct business in its own name, hold itself out as a separate entity and maintain an arm’s length relationship with any affiliates.

Special purpose vehicles are formed in conjunction with:
  • real estate finance transactions
  • tax and risk management strategies
  • project finance transactions
  • trademarks and intellectual property protection
  • bankruptcy remote entities
  • holding company investment portfolios
  • asset-backed securitizations
  • collateralized debt obligations
  • life insurance securitizations
  • and other types of special purpose vehicles

The SPV’s organizational documents and/or transaction documents should include separateness covenants designed to provide legal comfort that the SPV will operate as an independent entity.

Frequently Asked Questions

Why Choose WSFS?

Serving our communities since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. How do you get to be nearly 200 years old in a world that's constantly changing? For us, the answer has always been the same: create a team of Associates who are passionate about serving the community, and success will follow. Our Mission and Values serve as essential reminders about who we are and how we do business.

Investment Products: Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed

Green icon of female WSFS Bank team member

Sandy Whalen

Senior Vice President

Corporate Trust

A financial expert will help you find the right solution.

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