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Are you putting your most valuable assets in the hands of the most qualified professionals? As a board member or trustee, you have fiduciary responsibilities which compel you to make decisions that can have profound financial and social impact on you and your neighbors.
To help ensure you have the expert guidance you need to manage your community’s long-term finances most effectively, you should look for professionals with the Reserve Specialist (RS) designation awarded by Community Associations Institute (CAI) and a Professional Reserve Analyst (PRA) designation awarded by the Association of Professional Reserve Analysts (APRA).
By meeting the requirements for experience and education by these two organizations in accordance with National Reserve Study Standards, Custom Reserves provides the knowledge, experience, and integrity to provide your association with expert services.
It takes a qualified professional to ensure the accuracy and precision of such a task. The RS designation is awarded to experienced, qualified reserve providers who, through years of specialized experience, can help ensure that your community association prepares its reserve budget as accurately as possible. RS designees must meet comprehensive requirements, including: preparing at least 30 reserve studies; holding a bachelor’s degree in construction management, architecture or engineering (or equivalent experience and education); and complying with strict rules of conduct outlined by CAI’s Professional Reserve Specialist Code of Ethics.