Lisa is the controller at a single family office with about $900 million in assets across public equities, private funds, real estate, and a handful of direct deals. She has one staff accountant. Between the two of them, they handle accounts payable, bank reconciliations, investor reporting, capital call processing, cash management, and the quarterly close….
Who Owns and Controls Your Data?
A family office would never make an investment without understanding who holds the asset, what rights attach to it, and what happens if the relationship with a manager or counterparty ends. That same discipline rarely shows up when the family office evaluates its own operational and technology infrastructure. The data inside a family office platform…
What Family Offices Should Know About the Rise of Robo-Finance
If you’ve attended a wealth management conference in the past two years, you’ve probably heard the phrase “AI-powered” applied to nearly everything. AI-powered portfolio analysis. AI-powered risk detection. AI-powered client onboarding. At some point, you half expect someone to announce an AI-powered coffee machine in the breakout room. The enthusiasm is understandable. Artificial intelligence has…
Why Today’s High-net-worth Clients Crave Real-time Reporting in their Client Communication
Not long ago, a quarterly report arriving in a client’s inbox was enough to signal attentiveness and checked the client communication box. A polished PDF, a well-structured breakdown of holdings and performance. It showed professionalism. It showed care. And for a long time, it worked. But something has shifted. The same clients who once waited…
Co-Investments Are Easy to Do and Hard to Operate
A co-investment is a direct investment made alongside a general partner into a specific deal, outside the main fund. For a family office, it means putting capital into an individual company or asset on terms negotiated for that transaction, rather than committing to a blind pool. The structure is appealing because it can reduce or…
Keeping portfolio and accounting separate often costs more than it saves
Sometimes keeping portfolio and accounting separate is a practical decision. Timing, staffing, and existing providers can make an integrated rollout unrealistic. Keeping portfolio and accounting separate can be practical when you are constrained by an outsourced accounting provider, audit timing, limited staff, or an existing GL process you cannot disrupt. In those cases, separation reduces…
NAV Loans in Private Equity Are Changing the Liquidity Game
A Practical Guide to NAV Financing for Private Equity Funds NAV Loans Enter the Mainstream NAV loans have quietly become an essential tool for private equity managers and alternative funds seeking liquidity in challenging markets. Rather than relying on subscription credit lines backed by LP commitments, NAV financing allows funds to tap directly into the…
Discretionary vs Non-Discretionary Investment Management
Understanding the Differences and Choosing the Right Approach Most investors do not argue about “models.” They argue about something simpler. Do you want to be the person who approves every move, or do you want a professional to make calls on your behalf and tell you what they did after the fact? That is the…
A Technical Guide to Alternative Funds Reporting
This Guide is for GPs, Fund Admins, and Institutional LPs If you have ever tried to explain an alternatives book to an LP on a tight deadline, you already know the hard part is not the investment. It is the reporting. Alternative funds reporting is the disciplined work of producing fund level financials and investor…
