Family Office

Helping family offices better service high net worth families

Managing and preserving a high net worth family's wealth is increasingly complex.  The shift among current and future generations to spread their wealth across ever more custodians makes monitoring and reporting on their financial investments an even bigger time burden.  Not to mention the administrative costs involved in sending financial reports to clients.  As a family office dedicated to providing the best service possible you need to have a consolidated view of all their assets within your wealth management platform.  

How it Works.
We automate the electronic gathering and normalization of account-level data from any custodian and translate it into the format suited for the needs of your specific platform. Our data aggregration software is already integrated with leading systems giving you the flexibility to select the best technology solution for your business, both now and in the future. And the financial instruments we support match the complexity of your families’ financial situation:

  • Equities
  • Fixed income (bonds, mortgage backed securities, etc.)
  • Liabilities (e.g., credit cards and loans)
  • Mutual funds
  • Cash and cash equivalents
  • Annuities
  • Life insurance products
  • Hedge funds and alternative investments

How it is Used.
By Advisor / client services / planner

  • To communicate more proactively with your high net worth families when a market fluctuation or life event occurs that requires a decision
  •  To make more effective asset allocation / financial recommendations based on a holistic view of a families’ financial holdings
  • To build stronger relationships with the high net worth families you serve

By Operations / compliance manager

  • To mitigate human error that is often the result of manual data collection and entry processes
  • To seamlessly translate reconciliation-ready data from us into reconciled data that is ready for performance reporting
  • To provide a secure, consolidated client record, easing compliance and mitigating risk  

By Managing partner / managing member / managing director /principal

  • To reduce costs associated with manual entry of data, allowing your team to spend more time with clients and higher-efficiency items
  • To help you grow the family office by allowing you to provide advice on held-away assets, enabling you to paint the “big picture” for your clients
  • To differentiate from other family offices by positioning your firm as a true wealth management advisor