Unique Accounting Challenges Multi-asset investing is a strategy which requires some additional thought and planning when it comes to choosing an accounting system that is right for your business or family office. It involves combining different asset classes to improve performance and manage risk. Instead of purchasing individual funds that focus on a specific asset…
Tackling Back Office Hurdles
A Guide for Fund Admin Start-Ups Starting a fund administration business is not much different than starting any other entrepreneurial venture. It’s important to understand why the particular business is of interest to you, determine the upside potential, and be realistic about the barriers to entry and resources needed to get it off the ground…
The Evolution of Hedge Funds
Adapting to a New Era Hedge funds are unregulated investment pools that can only issue securities to approved investors. In 1949, Alfred W. Jones established the first hedge fund, buying stocks and hedging positions through short sells. Hedge funds employ an asymmetrical pay structure, with the managing partner receiving 20% of excess profits over a…
Navigating the Complexities of Portfolio Accounting
A Comprehensive Guide Portfolio accounting systems are comprised of software that helps financial professionals track, evaluate, and report on the value of complicated investments. Asset managers, fund administrators, family offices, hedge funds, and private equity firms can all use these platforms to manage public securities and derivatives. Portfolio accounting systems provide valuable insights for more…
Technology: Essential for Evaluating Family Office Deals
Enhanced Deal Evaluation in Family Offices Family offices who have yet to implement technology into their existing operation are faced with a multitude of challenges including increased accounting and reporting complexity, data security, generational change, keeping pace with technology, and scaling staff resources. This poses a significant issue for family office and asset management executives…
Family Office Reporting and Accounting Requirements
Software that meets Reporting Objectives Family offices oversee family money, with the ultimate goal of growing assets and meeting their financial requirements in the short and long term. To accomplish this, family offices must keep accurate financial and accounting records and generate reports for both official uses, such as taxes, and for internal use, such…
What is the Difference Between a Single and Multi-Family Office?
And What do those Differences Mean for You? A family office is a private wealth management advice firm that works with ultra-high-net-worth people (HNWI) who have a net worth of more than $250 million. Unlike traditional wealth management firms, family offices provide a complete solution for managing an affluent individual’s or family’s financial and investing…
SPV Investment: A Beginner’s Guide
A special purpose vehicle (SPV), sometimes known as a special purpose entity (SPE), is a subsidiary established by a parent business to protect itself from financial risk. It is a separate entity with its own assets and responsibilities, as well as a separate legal status. An SPV’s legal standing as a distinct company ensures that…
Maximizing Returns: Investment Clubs and Stock Trading Groups
An investment club, or a stock trading group is a group of people who pool their money and invest in the stock market for the benefit of the entire group. Investment clubs typically establish a legal structure, such as a partnership or a limited liability corporation (LLC), and create a brokerage account in the club’s…
