The Family Office Roundup #33

We bring the best content for the family office industry straight to your inbox. Today we cover:

• Wealth management firms need to focus on personalized services and technology integration to attract family offices.
• Effective data strategies essential for family offices to manage and preserve wealth efficiently.
• The importance of an effective data strategy – and a way to assess your current strategy.

TOP READS/LISTENS OF THE WEEK

• What is a family office and who needs one? (Spears)
• Building the investment reporting infrastructure (Shaun Parkin on Spotify)
• How family offices can beat venture capitalists (Campden FB)
• Wealth firms must transform strategy to woo family offices (Professional Wealth Management)
• Family offices ‘becoming more professional but face more complex challenges’ (Ocorian)

THIS WEEK’S ASORA HIGHLIGHT

Most family offices face the challenge of having data dispersed across spreadsheets, PDFs, and various platforms, leading to:

❌ bad information

❌ unqualified decision making

To know where to start when trying to achieve an effective data structure, we created a free scorecard based on 6 leading questions.

The Data Strategy scorecard helps you to evaluate the effectiveness of your current data management practices and identify areas for improvement.

This newsletter is brought to you by Asora – the software for modern family offices.

Asora helps you automate aggregation of bankable and private asset data, generate robust performance monitoring, and customised reporting — all on a single platform.