Managing Family Office Complexity

Based on the Altoo team’s deep understanding of what successful family office management looks like today, the top three sources of growing family office complexity are increasingly diverse asset portfolios, tech-savvy family members’ expectations for better digital experiences, and heightened operational risks around regulatory compliance and data security. The Altoo Wealth Platform’s features makes handling all this complexity simple in the following ways:

Consolidated, Automated Reporting on Diversified Portfolios

Diversification is widely regarded as a key component of the best investment strategies. Manually consolidating and presenting information on multiple assets across multiple classes often drains family office resources, however.

The Altoo Wealth Platform automatically brings together data on a wide variety of bankable and non-bankable assets – from family business cash flows to real estate and collectibles –  to provide holistic views of entire investment portfolios in intuitive and easy-to-use dashboards tailored to a family’s unique needs.

With Altoo-powered insights, family officer professionals can make more accurate wealth management decisions more efficiently and with almost no lead time for reporting. Additionally, with Altoo-powered visibility all family office stakeholders can better understand the role and performance of each asset within their portfolios in near real-time. 

Compliance with the Highest Cybersecurity and Regulatory Standards

Built, hosted, and managed exclusively within Switzerland, the Altoo Wealth Platform gives wealthy families’ sensitive information the highest level of protection. 

To optimise risk management and minimise the chances of losing important documents and sensitive data, the Platform enables internal and external stakeholders to collaborate in a closed user ecosystem for sharing messages and digital paperwork, assigning an appropriate level of privileges to each user.

The Platform also provides overviews of even the most complicated legal structures, helping family officers understand and manage the regulatory risks inherent in investment portfolios that span more geographical borders than ever.      

Streamlined, Digital-Friendly Information Flows

Accessing messages, documentation, and information via the Altoo Wealth Platform is not only secure but also user-friendly. 

Through our mobile app, wealthy family members on the go can conveniently communicate with family office team members and receive investment monitoring alerts. Meanwhile, team members can efficiently work together to provide family members with prompt service and handle complex assignments related to succession plans, wealth transfer, long-term goals for future generations, and more.

Together, these key features of the Altoo Wealth Platform offer family offices and their clients peace of mind amidst heightened complexity and evolving demands. It not only simplifies management but also empowers the navigation of intricate financial landscapes with confidence and agility.