Legacy portfolio management techniques are flawed. Ultra-high net worth (UHNW) individuals, family offices and private banks are becoming increasingly frustrated by the considerable amount of time and effort it takes to pull together a single, holistic view of a multi-asset class portfolio – especially when it comes to alternative investments. With multiple asset types, varying report timelines and different data sources, critical information on data accuracy and investment performance, liquidity and risk are difficult to obtain.
Spreadsheets are time consuming and prone to error. Accounting systems are not built to handle private assets. And trying to integrate multiple point solutions for various asset classes is resource-intensive and expensive.
A better approach to UHNW portfolio management is possible. By combining new advances in technology with the right process framework, UHNW investors can realize significant improvements.
In our new eBook, 4 Pillars of Ultra-High Net Worth Portfolio Management, we explore four pillars needed for effective UHNW portfolio management and outline how to streamline your approach for better efficiency, accuracy and insight. Download it now!
