Family offices are at a crossroads. While many are navigating increasingly complex investment terrain and operational risks, a surprising number remain underprepared for the future. Nearly three-quarters of family offices admit to being either underinvested (34%) or only moderately invested (38%) in the technologies needed to run a modern business. Yet, technology is no longer…
Wealth Management Industry Trends for 2025
The year 2025 is poised to be anything but dull. Buoyed by shifting client preferences, volatile markets, and the ever-evolving toolkit of AI-driven capabilities, wealth management organizations may find themselves balancing growing client demands and constricted margins. Meanwhile, those that excel in deploying technology—especially generative AI—could distance themselves from rivals who remain on the sidelines….
Looking Back at 2024 Through the Stories That Shaped Our Year
As we prepare to close the book on another year, we’ve been reflecting on the topics and conversations that shaped 2024. It’s been a year of revelations, challenges, and progress—a reminder that the world of wealth management and family offices is as dynamic as the lives it touches. Along the way, we at FundCount have…
Reflecting on the Year as we Celebrate the Holidays with You
As 2024 winds down, we at FundCount find ourselves reflecting on a year that’s been anything but ordinary. The financial services world didn’t just evolve this year—it transformed. Together with our clients, we tackled seismic regulatory shifts, embraced technologies once considered futuristic, and adapted to an industry that never stays still. Through it all, we’ve…
Proposed Trump Policies Redefine Your Investment Strategies and Reporting Needs
As the Trump administration prepares to take office in January 2025, wealth managers are bracing for a whirlwind of change that threatens to upend their current workflows and place new strains on back-office and accounting systems. This isn’t just a routine shift in Washington—it’s a potential inflection point that could reverberate through tax codes, trade…
Answers to Common Questions About Managing Financial Data Across Disconnected Systems
For wealth management professionals and fund administrators, data isn’t just numbers—it’s the lifeblood of operations. But when that data is fragmented across multiple tools and platforms, cracks start to form. Inefficiencies creep in, errors multiply, and inconsistencies rear their head. Duplicate client records, unreconciled reports, and countless hours spent switching between systems to piece it…
AI’s Power Crumbles Without Accurate Data
The Critical Role of Data Accuracy in Financial AI In finance, accuracy isn’t optional—it’s essential. From meeting regulatory demands to managing intricate portfolios, the foundation of every decision rests on the quality of your data. Artificial intelligence (AI) promises to revolutionize financial operations, but its success depends entirely on one thing: the accuracy and consistency…
Spreadsheet Dependency Issues Impacting Wealth Managers
In the early days of any wealth management organization, spreadsheets weren’t so much a deliberate choice as they were the only available option. When you’re starting out, there isn’t always the time, budget, or need to invest in a fully fledged back-office system. Instead, problems get solved as they come up, with quick fixes and…
Digital Asset Reporting Rules place new strains on Fund Administrators
Is Your Back Office Ready for Crypto Tax Reporting? As the digital asset industry matures, fund administrators are encountering stricter reporting requirements. Starting in 2025, tax regulations will mandate detailed, tax lot-level reporting. This poses significant technical and operational challenges for funds working in the crypto space. Meeting these demands requires a robust back-office system…
