- Principal, MFO

Clarity and control for family offices and advisors means growing profitably without sacrificing service to the end client. Many top managers who have started their own wealth management firms often lack the infrastructure to scale and stay competitive.

In addition to the general client and market challenges, family offices and advisors contend with:

High Labor Costs with Little Real Automation

Family offices and advisors labor models can be contrary to business goals. Instead of applying dozens of people to preparing client reports, MFOs have the opportunity to double or triple efficiency with WealthTouch.

Growing Pains and Scale

Home-grown IT solutions require extensive work-arounds, all of which limits scale and profitability.

Concerns with Security

The growth of security threats is extremely challenging for family offices and advisors to get ahead of.

Low-Tech Reporting Tools

Spreadsheets with a few bookkeepers is highly expensive and does not enable the type of reporting that families require.

Quality Control vs. Cost Control

Having one client is a double-edged sword for advisors who must often manage special needs around reporting that drive overhead costs on limited budgets.

New Types of Portfolios

As wealthy families change their portfolios, advisors struggle to keep up with, much less report on, new investments and asset classes from different managers and custodians.

Outdated Technology and Security

With restricted IT budgets, tools often lack functionality, and expertise comes in the form of the knowledge in a few people's heads vs. repeatable processes.

We help family offices and advisors do more with less through our private-label portfolio reporting and financial administration solutions that address your issues and goals around growth, scale, security and maintaining client relationships.