Private Wealth Systems

SEARCHING FOR SCALABILITY? https://lnkd.in/eQXDcCpJ Family office "scalability" means handling increased transactional volume. Big box wealth platforms throw costly team members at this problem. Smarter solutions use technology, saving money, time, and headaches. Read how scalability is misunderstood and how some industry-leading platforms are solving it the smart way. #PrivateWealth #PrivateWealthSystems #FamilyOffice #DataAggregation #UHNW #assetmanagement #investmentmanagement #wealthmanagement

We believe wealth owners should have the transparency needed to ensure their wealth is being managed properly and achieving growth goals. PWS was built with this in mind. #PrivateWealth #PrivateWealthSystems #FamilyOffice #DataAggregation #UHNW #assetmanagement #investmentmanagement #wealthmanagement #financialtransparency

When evaluating data aggregation vendors, the following questions will be key for selecting the right long term partner: 1. Is the vendor offering a solution that is demonstrably different than other platforms, standing out in the crowd? 2. Has the vendor proven its leadership in innovation by designing, building, and executing on industry-first/industry-only technologies – not just once or twice but continuously? 3. Does the vendor have a defensible leadership position? 4. If so, what is it and how can they maintain it? 5. Did the vendor create a barrier to entry to prevent heavily funded competitors from taking market share? Capital is a commodity and is easy to come by. Decades long domain expertise, intellectual property, thinking differently, and reimagining the future of private finance are far more valuable in solving the structural challenges facing modern family offices worldwide. Choose an aggregation partner with the same careful scrutiny you’d use to hire an essential member of your team. Do your homework. Ask a lot of questions and #thinkdifferent.  #PrivateWealth #PrivateWealthSystems #FamilyOffice #DataAggregation #UHNW #fintech #wealthech #investments

Several great points made by Doug Fritz and Raymond DiNunzio. As Einstein once said, “You cannot solve a problem with the same mind that created it”. Family offices need to question everything and #ThinkDifferent. Yes, as Doug Fritz stated, knowing how long a company has been in business is important. But far more important is understanding HOW a vendor solves the #familyoffice problem and WHY they solve it the way they do. Asking an aggregation provider if they aggregate data won’t answer the question “Can the platform solve your underlying data problem?”. Asking HOW an aggregation platform aggregates data and WHY they built their engine the way they did will quickly reduce the vendor selection to one or two vendors out of 20 or 30. The HOW and WHY will also address a vendor’s founding team’s expertise in understanding the industry’s problem and how to solve it. Year to date Private Wealth Systems has converted over 100 clients from large, well-funded, well known, long standing family office reporting platforms because those vendors couldn’t solve the family’s underlying problems: data accuracy, operating efficiency, and data personalization. When bad data leads to both financial loss and regulatory/reputational risk, selecting the right long term vendor is vital and requires buyers to question everything and #ThinkDifferent. #PrivateWealth #PrivateWealthSystems #FamilyOffice #DataAggregation #ThinkDifferent #InvestmentReporting

Private Wealth Systems is delighted to share its recognition on this year's WealthTech100 list, spotlighting pioneering solution providers shaping the future of the investment industry. Congratulations to all the esteemed companies on the list! #wealthtech100 #wealthtech #award #assetmanagement #investmentmanagement #PrivateWealthSystems #PWS #PerformanceReporting #InvestmentRisk #InvestmentManager #PreserveWealth #familyoffice #UHNW

We're once again proud to share that Private Wealth Systems has been named a finalist in the "Consolidated Reporting" category for the 2024 Family Wealth Report Awards! Congratulations to all finalists! #FamilyWealthReportAwards #Finalist #ConsolidatedReporting #PrivateWealthSystems #Innovation #FamilyOffice #Fintech #Wealthtech

Do you know which of your investment managers are performing well and which are not? Gone are the days of passive wealth management where underperforming managers would often go unaddressed, gradually eroding your family's financial security. Today, the stakes are higher than ever. Preserving and safeguarding your family’s wealth hinges on gaining insights into investment performance, risk and fees.   Learn how real-world examples of mismanagement and loss are prompting families to prioritize “preserving wealth” like never before. #PrivateWealthSystems #PWS #PerformanceReporting #InvestmentRisk #InvestmentManager #PreserveWealth #wealthtech #familyoffice #UHNW

Experience the power of reporting precision. Discover the difference Private Wealth Systems makes delivering automation, efficiency, and accuracy to complex multi-asset portfolios. #PrivateWealthSystems #PerformanceReporting #WealthReporting #UHNW #FamilyOffice #PrivateBanks #PortfolioManagement

Thrilled to announce that Private Wealth Systems (PWS) has won the Best Fund Administration Service at the Private Asset Management Awards (PAM) 2024, highlighting our commitment to excellence in multi-asset class portfolio management and performance reporting. We’ve developed cutting-edge A.I. technology with a future-proof design that empowers clients to make informed decisions in real-time. We are grateful for this recognition and excited to continue pushing the boundaries of innovation for private investors around the world.   #PAM2024 #FundAdministration #Innovation #PrivateWealthSystems #PWS #FamilyOffices #Fintech #WealthTech #assetmanagement #privatemarkets