Blog Archives - Private Wealth Systems

Building a Better Family Office Framework for 2023

Leave a Comment / Blog / By Craig Pearson

As we enter 2023, portfolio data aggregation continues to be a source of frustration for ultra-high net worth individuals (UHNW) and family offices. Continued market volatility combined with the innate complexities in managing a multi-asset class portfolio makes getting an accurate view of the portfolio extremely challenging. To be successful long-term, family offices would benefit …

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The UHNW Portfolio Management Technology Comparison Checklist

Leave a Comment / Blog / By Craig Pearson

The nature of private investments – like hedge funds, private equity, real estate, real assets and other alternatives – makes managing ultra-high net worth (UHNW) portfolios complex. Aggregating public data from multiple custodians and banks can be just as complicated. Over the years, UHNW individuals, family offices and private banks have cobbled together custodial data, …

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UHNW Portfolio Management Pet Peeve of the Day: Inaccurate Performance Calculations

Leave a Comment / Blog / By Craig Pearson

Calculating performance based on daily return is the most accurate way to report on an ultra-high net worth (UHNW) portfolio. However, many portfolio management systems calculate performance based on approximation. The difference between the daily return method and the approximation method can be drastic. If you are seeing errors in your performance calculations, they will …

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3 Reasons Tech-Savvy UHNW Investors are Ditching the Status Quo

Leave a Comment / Blog / By Craig Pearson

If you are an ultra-high net worth (UHNW) investor or a member of an UHNW family office or investment team, you face continual challenges. Evolving stakeholder demands, erratic market volatility, disparate systems and multiple asset classes are just some of the challenges inherent in UHNW portfolio management. Despite these challenges, UHNW investors, family offices and …

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UHNW Portfolio Management Pet Peeve of the Day: Manual Intervention to Fix Inaccuracies

Leave a Comment / Blog, Videos / By Craig Pearson

If you are a member of an ultra-high net worth (UHNW) investment or operations team, how often does a wealth owner come to you asking for investment information and how quickly are you expected to produce the reports? Our guess is they come to you often and they expect immediate access to information. But if …

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UHNW Portfolio Management Pet Peeve of the Day: Private Investments on Custodial Platforms

Leave a Comment / Blog, Videos / By Craig Pearson

Whether you are an UHNW investor or a member of a family office or private bank investment team, attempting to manage private investments on a custodial platform leads to a whole host of frustrations. The issues are the result of trying to manage different asset types using a custodial platform that was not specifically built …

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UHNW Portfolio Management Pet Peeve of the Day: Lack of Investment Reconciliation

Leave a Comment / Blog, Videos / By Craig Pearson

Investment reconciliation – or a lack thereof – is a common frustration among ultra-high net worth (UHNW) investors, family offices and private banks managing multi-asset class portfolios. When an UHNW investment portfolio spans multiple asset types, managers, banks and custodians, achieving a centralized view of an investment portfolio can become time-consuming and cumbersome. But there …

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UHNW Portfolio Management Pet Peeve of the Day: Data Normalization Errors

Leave a Comment / Blog, Videos / By Craig Pearson

How often does your portfolio operations or investment team have to manually normalize investment data? Most ultra-high net worth investors and family offices we work with say “too often.” The challenge is that multi-asset class portfolios by definition require data aggregation and reconciliation across multiple data sources. Even public asset data could be coming from …

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UHNW Portfolio Management Pet Peeve of the Day: Trade Date vs. Settlement Date

Leave a Comment / Blog, Videos / By Craig Pearson

One complaint we frequently hear from UHNW individuals and family offices is that most portfolio management technology platforms only report on settlement date – not trade date. This methodology frustrates operations and investment teams alike because it makes it difficult to accurately report on liquidity, exposure and risk for the date the trade was made. …

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UHNW Portfolio Management Pet Peeve of the Day: IRR Calculation

Leave a Comment / Blog, Videos / By Craig Pearson

As an ultra-high net worth investor, are you and your investment team frustrated by inaccuracies in investment portfolio data? Do you feel like you’re constantly questioning information in portfolio reports? You are not the only one frustrated by the challenges associated with managing a complex, multi-asset class portfolio. In our new video series, “The UHNW …

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