Revisiting Predictions: 5 Asset Management Trends to Watch in 2020 In 2020, we had the opportunity to interview James Haluszczak, the founder of SteelBridge Consulting. His firm has been instrumental in providing strategic advice to private equity and venture capital fund managers, investors, and administrators. During the interview, James shared his perspective on the top…
Alternative Investment Accounting Software
Challenges Alternative Assets Pose for the Back Office As alternative assets continue to grow in importance and demand, financial advisors are not just spectators; they are active participants. According to a recent report from Cerulli Associates, advisors are increasingly leaning toward alternative assets, echoing the trends observed among retail investors. Alternative investment accounting software must…
A Data-Driven Approach to Crypto Allocation During Bitcoin’s Rise
Investing in cryptocurrencies, such as Bitcoin and various altcoins, carries a significant level of risk. The decision on how much crypto allocation exposure to balance out your portfolio, if any, depends on how aggressive an approach you are comfortable with, as well as your liquidity needs and level of expertise. The allocation of cash and…
Cryptocurrency Tax Implications for Institutional Investors
The Changing Landscape that Complicates Data Management in Small Businesses The once-fringe world of cryptocurrency is rapidly gaining mainstream acceptance. Family offices, investment funds, and even pension plans are increasingly allocating a portion of their portfolios to digital assets. A recent EY survey found that 60% of institutional investors already have crypto exposure, with a…
Transformative Client-Faced Online Dashboards with Microsoft Power BI
Family offices and asset managers are constantly seeking sophisticated yet user-friendly online reporting solutions that empower their clients to make informed investment decisions. Recognizing this need, FundCount adopted Power BI, part of the Office 365 suite, as our standard client-facing online reporting platform. This powerful yet intuitive tool seamlessly integrates with our software, enabling clients…
Arriving at a Single Source of Truth
How this is Achieved for Fund Administrations and Family Offices Both fund administrators and family offices face a common challenge: managing complex financial data from diverse sources using accounting software designed for other industries. This leads to a reliance on spreadsheets for data gathering, reconciliation, and reporting, creating a time-consuming and error-prone process. Finding a…
Modernizing Data Management in Small Businesses
Data is the lifeblood of every business, and the financial industry is no exception. From small investment firms to family offices, data empowers smarter choices and fuels growth. However, managing the ever-increasing volume and complexity of data can be a major challenge. This article explores how small businesses can leverage modern data management techniques to…
Comprehensive Family Office KPI Guide
Your Guide to Benchmarking and Operational Excellence Is your family office on the same page with your members? Many family offices grapple with communication gaps between family members and staff. The Family Office KPI assessment can bridge this gap, offering valuable insights to not only benchmark your operations against industry leaders, but also to uncover…
Blind Spots Cost Money: Identify Family Office Strengths and Weaknesses
Unveiling Operational Strengths and Unlocking Improvement with the Family Office KPI Family offices, entrusted with managing the wealth of families across generations, face unique challenges in ensuring efficiency, accuracy, and cost-effectiveness in back-office operations. These challenges are further amplified by the evolving landscape of financial technologies and best practices. Key Takeaway: Benchmarking with the Family…
