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…
New Crypto Regulations are Coming and Funds that aren’t Ready will be Blindsided
Regulatory Changes and the Need for Adaptation Digital assets are faced with significant regulatory changes that will affect how fund administrators operate. Starting January 1, 2025, all digital asset funds will be required to report at the tax lot level, a substantial shift from the current practices. This new requirement aims to increase transparency and…
Securitize acquires Theorem—Pioneering the Next Generation of Crypto Hedge Fund Administration
Solving Traditional Fund Administration Challenges Fund administration, a crucial backbone of investment management, has long been challenged by inefficiencies in investor onboarding, slow NAV calculations, and the lack of a unified approach to handling securities. Legacy systems often require fund managers to use separate tools for capital raising, trading, record-keeping, and compliance. This fragmented approach…
