Assembling a Complete Financial Picture with Ease
“We serve a small number of multigenerational families that come to us wanting more control over their increasingly complex financial situations,” says Lyle Ross, Partner and Managing Director at Gleneagles. “Our business is designed around full customization because each family has different needs and requests.” Because family expectations vary, Gleneagles staff focuses on delivering highly tailored experiences for each relationship. They analyze and report on over three billion dollars in assets, a variety of ownership structures, illiquid investments, generational wealth transfer strategies, operating businesses, and family foundations.
With their legacy system’s technology, the analysis, calculations and manual entries involved were burdensome for the Gleneagles team; they wanted to dedicate more time to delivering exceptional experiences to the families they serve. “It took our team a lot of time to give our families a full picture of their finances,” adds Catherine Jackson, a Family Chief Financial Officer for the firm. Gleneagles needed a user-friendly tech solution that could free up highly-skilled team members to dive deeper into data analysis and develop meaningful insights for families.