Archives for March 25, 2019

New Research Study: Manual Processes Top List of Family Office Challenges

March 25, 2019 by Yury Kolerov

If you think your family office is spending too much time on manual tasks for accounting and reporting, you’re probably right. But you’re not alone. According to a new study by Family Wealth Report and sponsored by FundCount, family offices spend an average of 20 percent of working hours per week on manual tasks. The…

Filed Under: Accounting, Asset management, Efficiency, Family office, Reporting, Wealth management Tagged With: accounting, Family Wealth Report, manual processes, multi-family office, operational challenges, reporting, single family office, spreadsheets

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