Overview
Introduction
The Ninth Family Office Fintech Summit 2024, Family Wealth Report’s flagship conference, is the industry forum to discuss best practice and see real-life examples of how to adopt and invest in technology by multi and single-family offices. This summit will be a full-day event and will take place on October 10, 2024.
Family Wealth Report‘s Family Office FinTech Summit Series
The Family Wealth Report Family Office FinTech Summit will provide our guests with insights around some of the following themes, amongst others:
- Bill paying, tax filing and accounting: Do threatened tax hikes put more pressure on FOs to improve processes?
- Risk management: How can tech improve it rather than make it more complicated?
- ESG and impact investing: Tech tools and latest developments.
- Digitization: How much is enough? How to unite the best of both person and machine?
- Infosec: Emerging threats and countermeasures.
- Automation and efficiency: Where are the key gaps to fill and what should firms tackle first?
- Accounting, reporting and communication: How to empower clients, advisors and managers through data.
- Portfolio management: How technology is giving investment managers the edge across the asset mix.
- Crypto assets: “Rat poison squared”, as Warren Buffet says, or an important long-term store of value?
- Choosing, assessing and working with partners: Avoiding blind spots in due diligence.
- Integrating solutions: Getting the connectivity you need and the functionality you want.
- Minimum standards of tech and ops for family offices: What are the downsides of a low tech approach, and what are the most impactful investments to be made?
- How to streamline implementation: Implementation a realistic roadmap and appropriate resourcing.
- The technology gold standard: How to future-proof your organization.
Event Format
This year the summit will be an in-person conference. The event will follow the format displayed on our agenda tab.
Contact Us
For the summit program, logistics, attendance, speaking and sponsorship opportunities, email: theodora.viney@clearviewpublishing.com
To register to attend, please fill out your details here.
Agenda
8.00 am Registration, Breakfast & Networking
9.00 am Welcome
9.05 am Keynote 1
9.20 am Panel Discussion 1
9.50 am Tech Demo Round 1
11.10 am Refreshments & Networking
11.40 am Keynote 2
11.55 am Panel Discussion 2
12.30 pm Lunch & Networking
1.30 pm Keynote 3
1.45 pm Tech Demo Round 2
3.05 pm Refreshments & Networking
3.35 pm Panel Discussion 3
4.05 pm Fireside Chat
4.25 pm Keynote 4
4.40 pm Summit Close
4.45 pm Cocktail Reception with Networking
Logistics
Date and Time
Date: Thursday 10th October - 2024
Time: 8:00 am – 6:00 pm Eastern Standard Time
Venue
The Convene Center
Address: 101 Park Ave, New York, NY 10178, United States
Panel speakers
Erin Hulse
Owner and Family Office Technology Consultant
Deviate Consulting
Erin Hulse is the Founder of Deviate Consulting, LLC, which focuses on software selection, implementation, and accounting services for single and multi-family offices. Erin is a financial and software professional […]
Erin Hulse is the Founder of Deviate Consulting, LLC, which focuses on software selection, implementation, and accounting services for single and multi-family offices. Erin is a financial and software professional with a diverse background in the alternative investment and private wealth space, including time spent with Plante Moran, Bank of America, and SEI/Archway Family Office Services. Ms. Hulse has been managing Deviate Consulting since 2015 and is based in Indianapolis, IN.
Bill Wyman
President, Family Office Services
Summitas
Bill joined Summitas in 2010 and has over 40 years of experience working with single- and multi-family offices and registered investment advisors (SFOs, MFOs, and RIAs). Today, Summitas is the […]
Bill joined Summitas in 2010 and has over 40 years of experience working with single- and multi-family offices and registered investment advisors (SFOs, MFOs, and RIAs). Today, Summitas is the award-winning reference platform for communication privacy and data security in the family office and wealth advisory space.
Previously, he was a Senior Director with BNY Mellon Family Office and Managing Director with Rockefeller & Co. Earlier, he was Managing Director at Deutsche Bank, and a Vice President with J.P. Morgan in Geneva, Switzerland.
Bill is a regular at industry conferences where he speaks about software trends, technology risks, and family office operations. He earned his BA from the University of Notre Dame and MBA, summa cum laude, from Fordham University.
Ryan Kerry
CEO
Knowledger
Ryan Kerry, CEO of KnowLedger, has an extensive career on providing services to the financial services market. His 30+ years of experience is defined around the service and support of […]
Ryan Kerry, CEO of KnowLedger, has an extensive career on providing services to the financial services market. His 30+ years of experience is defined around the service and support of clients at his core. Ryan’s vision for KnowLedger within the market stems from his previous role as CEO and owner of Accusource, a service provider for management, oversite, and operational due diligence for financial services firms that outsource their portfolio accounting. Some of his clients were family offices and had no other option than to manually enter the investment related data into a General Ledger platform.
Abbas Hashmi
Chief Strategy Officer
BAM Capital
Abbas Hashmi is a leading voice in family office strategy and wealth management, focusing on client experience, capital raising, and governance. With extensive global family office experience, he brings a […]
Alexandre Lin
Co-Founder & CEO
SumIt
Driven by frustration with existing accounting software, Alex founded SumIt to simplify family office accounting. As a second-generation leader of his family’s real estate ventures in France and China, he […]
Driven by frustration with existing accounting software, Alex founded SumIt to simplify family office accounting. As a second-generation leader of his family's real estate ventures in France and China, he now dedicates himself to SumIt. Collaborating with 30+ family office advisors, he's tailored SumIt to meet the unique needs of the sector efficiently. Alex holds an MBA from Chicago Booth and a Master's from London Business School.
Ray Denis
Founder & CEO
Sandbox Wealth
Ray Denis is the Founder and Chief Executive Officer of The Sandbox Companies. With 18 years of industry experience, Ray leads the strategic direction, product management, sales, and all related control […]
Ray Denis is the Founder and Chief Executive Officer of The Sandbox Companies. With 18 years of industry experience, Ray leads the strategic direction, product management, sales, and all related control functions for Sandbox Wealth, a turnkey banking solution for non-bank financial institutions, including RIAs, Family Offices, and Independent Broker-Dealers. Ray has previously served in senior roles at Bank of America, Raymond James, Deutsche Bank, and J.P. Morgan Chase. He started his career as an analyst at Bear Stearns. Ray lives in Manhattan, and is a graduate of the University of Notre Dame, with a bachelor’s degree in American studies.
Kristina Conner
Advisory Director
BPM
Kristina Conner is a seasoned CPA and Sage Intacct implementation specialist, specializing in family offices. With extensive experience in financial management and technology integration, she combines technical expertise with a […]
Kristina Conner is a seasoned CPA and Sage Intacct implementation specialist, specializing in family offices. With extensive experience in financial management and technology integration, she combines technical expertise with a deep understanding of the unique financial complexities faced by family offices. She excels in guiding high-net-worth families through seamless transitions to Sage Intacct, optimizing operations and compliance. She fosters lasting partnerships centered on financial clarity and efficiency. Kristina is a trusted advisor known for delivering tailored solutions that enhance reporting capabilities and streamline processes, empowering family offices to achieve their financial goals effectively.
Rick Higgins
Founder & CEO
Risclarity
Rick Higgins brings decades of experience to provide leadership and innovation in financial reporting for wealth managers and family offices. Having dedicated his career to innovation in family wealth technology, […]
Rick Higgins brings decades of experience to provide leadership and innovation in financial reporting for wealth managers and family offices. Having dedicated his career to innovation in family wealth technology, Rick is widely known for his ability to connect with people, overcome challenges, and offer reporting expertise. Rick is an alumni of MyCFO when his firm Digital Partner was acquired by MyCFO in 1999. From Rick began WealthTouch a Multi-Family Office and technology offering in 2001. Rick served in leadership roles at WealthTouch until 2009. As founder and CEO of Risclarity, Rick continues to innovate and support reporting technology for family offices and ultra high net worth wealth managers. A creative at heart, Rick is also a successful filmmaker, having directed and produced several works, and earning three Heartland Emmy® Awards along the way. Rick enjoys spending time with his wife Lesley and their family in the beautiful Colorado foothills.
Technology demonstration presenters
Phil Ieraldi
Senior Vice President of Sales
Eton Solutions
Phil Ierardi joined Eton Solutions in April of 2021 as Senior Vice President of Sales. Phil is a 25 year veteran of Fidelity Investments. He spent 16 years building out […]
Phil Ierardi joined Eton Solutions in April of 2021 as Senior Vice President of Sales. Phil is a 25 year veteran of Fidelity Investments. He spent 16 years building out the Fidelity Family Office Services business from a start-up in 2004 to over 450 clients and nearly $200 billion in assets. In his last role with FFOS, Phil was SVP, of Family Office Sales and Consulting. He oversaw the business development function nationally, as well as the reporting services function consisting of a team of consultants focused on technical and operational efficiency. Having worked with hundreds of single-family and multi-family offices, Phil has extensive knowledge in the area of financial technology and operations as it pertains to the challenges inherent in supporting UHNW clients. Prior to his roles in sales and consulting, Phil was responsible for a team of middle office, back office and product management professionals focused on the development and delivery of reporting services to SFO and MFO clients. He was part of the build out and creation of a new platform, as well as the implementation of a world class service model. Prior to his career at FFOS, he worked at Fidelity Charitable in a series of roles. Phil was responsible for managing the modernization and conversion of the Fidelity Charitable infrastructure to a new platform. He helped launch a new business for an outsourced, white-labeled donor advised fund. Lastly, he worked as a relationship manager promoting the Fidelity Charitable services to T&E attorneys, CPAs, RIAs and UHNW individuals.
Bill Wyman
President, Family Office Services
Summitas
Bill joined Summitas in 2010 and has over 40 years of experience working with single- and multi-family offices and registered investment advisors (SFOs, MFOs, and RIAs). Today, Summitas is the […]
Bill joined Summitas in 2010 and has over 40 years of experience working with single- and multi-family offices and registered investment advisors (SFOs, MFOs, and RIAs). Today, Summitas is the award-winning reference platform for communication privacy and data security in the family office and wealth advisory space.
Previously, he was a Senior Director with BNY Mellon Family Office and Managing Director with Rockefeller & Co. Earlier, he was Managing Director at Deutsche Bank, and a Vice President with J.P. Morgan in Geneva, Switzerland.
Bill is a regular at industry conferences where he speaks about software trends, technology risks, and family office operations. He earned his BA from the University of Notre Dame and MBA, summa cum laude, from Fordham University.
About our Sponsors
Content Sponsors
Deviate Consulting is a professional services firm that focuses on software selection, implementation, and back-office services for single and multi-family offices. Deviate is an independent, objective partner serving the best interests of our clients, resulting in successful long-term relationships. Deviate was founded in 2015 in Indianapolis and has a team of 20 consultants throughout the country.
KnowLedger is a data service that moves data from portfolio accounting systems (Addepar, Black Diamond, Tamarac, etc.) , private equity aggregation services (Arch, Canoe), banks, brokerages, trusts, and custodians with a rules-based approach that ensures accuracy, completeness, and data confidence. Our team works closely with you to establish mappings and data flow, then oversees the recurring movement of the data from your source data to your GL. We not only move your data, but in doing so, we simultaneously audit your data health. We monitor your entity and portfolio rules. We eliminate data entry problems.
Risclarity fills in the technology gaps wealth firms face when serving the complex needs of ultra-high net worth individuals and families. We enable firms to simplify complexity so they can scale efficiently and securely.
Technology Demonstration Sponsors
BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com
Eton Solutions is a software and services company that was founded to handle the complexities associated with servicing ultra-high net worth clients. Our vision is bolstered by a belief that a holistic, integrated platform and support from a team of skilled experts can enable single family offices, multifamily offices, and professional services firms to completely reimagine the value they can provide to their clients. Our priority is giving family offices the tools they need to be more accurate, more efficient, and more effective at delivering premium services to their valued clients.
Private Wealth Systems is reimagining the world of ultra-high net worth portfolio management through a cloud-based platform uniquely designed to improve efficiency, accuracy and agility. UHNW individuals, family offices and private banks leverage Private Wealth Systems to transform how they aggregate investment data, validate data accuracy, report on multi-asset class portfolio performance and evolve complex investment portfolios over time. Private Wealth Systems’ UHNW portfolio management technology platform provides critical insights investors needs to effectively manage portfolio performance, risk and liquidity –delivering an accurate pulse of the portfolio. Visit privatewealthsystems.com
SumIt offers simple, sophisticated family office software for complex family office accounting. SumIt offers an easy-to-use interface where family offices can see all their entities in one place, effortlessly book journal entries, connect to their bank and brokerage accounts, and create consolidated reports in just a few clicks. We are here for the accountants, to save them time, grow their confidence in the data, and therefore maximize their impact.
Award-winning Summitas Platform ® helps families and wealth managers enhance client engagement with an unsurpassed combination of security, privacy, and flexibility. From the Digital Vault to collaboration tools, integration of financial information, and the ability to manage projects and tasks to streamline workflows, a branded Summitas portal provides measurable value to family offices, wealth advisors, and other client-facing businesses.
www.summitas.com
Exhibitors
SEI Family Office Services delivers technology and outsourced services that support the accounting, investment management and reporting functions of family offices, private banks, private wealth advisors and alternative asset managers. Designed to help family offices and advisors to wealthy families better serve their ultra-high-net-worth clients, SEI’s award-winning Archway Platform℠ and high-touch outsourced services efficiently handle complex partnership, portfolio and corporate accounting alongside bill payment, investment management and multi-asset class data aggregation. As of March 31, 2023, SEI Family Office Services has $593 billion in assets on platform.
Cocktail Sponsor
Supporting Sponsors
PEVCtech is a community for family offices, private equity funds, lenders, and VCs using technology and analytics to generate alpha.We share insights on technologies, data, and processes. We organize and co-sponsor events and collaboratively publish original research on best practices, including breakdowns of the tech stack of financial services firms. PEVCtech is a project of Versatile VC.
ProFundCom helps financial institutions raise and preserve AuM using digital marketing analytics. ProFundCom has been built using expertise and best practice from within the financial services industry. Our marketing analytics focus solely on the asset/investment management space and offer an integrated solution across all digital properties. We understand email/web traffic patterns of investment management clients and how you can leverage these behaviours.
The UHNW Institute was founded in 2019 to transform the wealth management industry to better serve ultra-high-net-worth families as they continue to evolve. As a nonprofit think tank and learning exchange, the UHNW Institute is elevating the wealth management industry to a new standard so that advisors and families can foster prosperous and meaningful relationships from one generation to the next. The UHNW Institute offers unbiased thought leadership, peer-to-peer collaboration, original content and programming, and more.
smartKYC’s AI software is used by banks to automate customer due diligence whether for remediation, onboarding, refresh or continuous monitoring; our technology drives faster, better, and more cost- effective KYC at every stage of the relationship – liberating human effort to focus on decision-making rather than laborious screening and research. smartKYC integrates all relevant KYC sources - external watchlists, media archives, open web search, private company data, internal blacklists and, like a human, it reads everything and extracts useful intelligence in the form of facts. smartKYC presents facts about risks like adverse media, but also provides insights into information like source of wealth, network risk and even ESG misdemeanours. Sophisticated hit scoring maximises relevance and minimises false positives. All of this is done at speed and at scale and, as such, straight through processing opportunities become obvious. In refresh or continuous monitoring mode, smartKYC watches only for net new risks as they emerge and never repeats what is already known.
About Technology Demonstrations
Portfolio Management & Reporting Software, Purpose-Built for UHNWIs & Sophisticated Family Offices
Aggregate: Seamlessly collect, aggregate and normalize investment data from over 400 data feeds across 5 continents, capturing 3x more transactions than other aggregators.
Portfolio Accounting: Our award-winning unique data model offers the advantage of having the data integrity of a general ledger accounting system with the flexibility and control of a reporting system.
Performance Reporting: Our award-winning reports and design enables each individual to see the information they want, structured, and formatted the way they want for personalized engagement.
Portfolio management: View every asset class while using our industry-first data model that allows each stakeholder to classify and structure their data any way they want for faster and more personalized analysis and decision making.
Investor portal: Our secure, point-click investor portal is designed to provide simple, context-based navigation so wealth owners and advisors can easily gain oversight over the most complex global wealth.
Summitas brings a new level of client engagement with a singular branded online presence.
See how you can simplify process flows, increase communication, and provide a safe place to
organize, protect, and share information—all from one place. From the Digital Vault to collaboration tools, integration of financial information, the ability to streamline workflows, and now task management, a Summitas Engagement Platform will:
Be the online home base for your family or firm
Bring peace of mind with the industry’s most robust security and privacy
Increase engagement by simplifying information delivery and access
An Integrated Family Office Platform
Eton Solutions utilizes an integrated database that captures key areas a family office uses including accounting, investment, bill pay and reporting. Wealth owners have direct access to their data within the Client Portal and can turn their data into actionable and insightful information from PowerBI, Microsoft’s business intelligence tool. Combining technology and services, Eton can showcase the breadth and depth of activities for a family office.
Enterprise Banking for Family Offices
Sandbox Record is a next-generation liquidity management application that enables users to manage their cash and credit activities across financial institutions. Our solution enables users to have fine-tuned control over spending, investing, and bill payment activities for their households within the full context of their balance sheets and cash flow.
This demo will include a tour of the platform, balance sheet management capabilities across liquid and illiquid assets, payment features, FX, and Sandbox Navigator.
Register
Contact us
- To register to attend, please fill out your details here.
- For the summit program, logistics, attendance, speaking and sponsorship opportunities, email theodora.viney@clearviewpublishing.com
Content Sponsors
Technology Demonstration Sponsors
Exhibitors
Cocktail Sponsor
Supporting Sponsors