Each one of your HNWI/UHNWI clients has a unique financial situation and looks to you to sort through the details to provide simple, clear reports that are meaningful to their lifestyle goals. Bringing clarity to a potentially complex financial landscape is no easy challenge, especially when each client is so unique.
To achieve that higher level of financial clarity, you need tools that will help you define and deliver. In the ebook 6 Essential Tools to Help You Manage HNWI/UHNWI Clients: Your Guide to Ensure Financial Clarity and Data Security, we help you understand design financial reporting that is focused on the unique needs of each one of your clients.
Built to fit
Your HNWI/UHNWI clients are unique, with diverse sets of portfolio and investment strategies that support very individual lifestyle goals. In the past, financial advisors often believed the only way to get the specific information they needed was to manually enter data from multiple sources into custom made spreadsheets. At Plumb, we are laser-focused on UHNWI clients and understand how emerging technologies, changes to accounting and reporting requirements, and security advances will impact your clients. Our team is dedicated to providing focused reporting that gives you the timely, clear insights that will allow you to be proactive with your clients. We can help you “pull it all together” with tracking and recording of 1099’s, K-1’s, charitable contributions, medical expenses, sales of stock, and all other income. You’ll have all the information your CPAs needs to prepare tax returns at your fingertips.
Agile, intelligent technology
With all the moving parts in the financial affairs of your HNWI/UHNWI clients, you need to continuously monitor and respond quickly. You need agile, intelligent technology to take a proactive approach to managing your client’s financial landscape. Plumb’s extensive experience with UHNWI clients combined with our understanding of Sage Intacct’s intelligent functionality can give you that edge. Tools built into Sage Intacct continuously monitor and analyze financial transactions to identify and alert for discrepancies and outliers—advancing your services from simple accounting to intelligent financial management.
Plumb uses Sage Intacct to automate reporting processes that connect disparate data sources and provide timely, complete information. Consolidation of multiple entities, bill payment, and streamlined financial planning processes all deliver focused reporting through customized, real-time financial dashboards.
Anytime, anywhere access
Financial clarity is only complete if you have the information you need on your phone or laptop anytime, anywhere. Complete transparency through web-based apps allows you to answer your client’s questions instantly. Customized, real-time financial dashboards deliver deeper insights into all areas of your client’s financial affairs. Secure web and mobile-based apps allow you to bring those insights with you safely no matter where you go.
Learn more about financial clarity for your HNWI/UHNWI clients
To help you simplify financial management and reporting your clients, please check out the ebook titled 6 Essential Tools to Help You Manage HNWI/UHNWI Clients: Your Guide to Ensure Financial Clarity and Data Security.
When you entrust the accounting, reporting, and data security details to true experts, you can focus on deeper, personalized, more strategic service delivery to your HNWI/UHNWI clients.
Plumb Family Office Accounting & Bill Pay is a high-touch technology family office accounting and bill pay service provider dedicated to serving the needs of high-net-worth and ultra-high-net-worth clients. Plumb ensures that your client’s bills are paid on time and works in partnership with you to deliver the highest quality data and financial reporting. In addition to our bill pay services, we also provide comprehensive Family Office Accounting support including tracking and recording of 1099’s, K-1’s, charitable contributions, medical expenses, sales of stock, and all other income.
Let’s talk about how we can help you build trusted relationships with your clients.