Consolidated Reporting
A high net worth client of a bank or brokerage firm typically has an investment portfolio made up of five or six private money managers, possibly sprinkled with a few limited partnerships where the alternative investments are held. You get over 100 pages of monthly statements showing your hundreds of stock positions. You then get off the shelf quarterly “summaries” which many investors wouldn't describe as such. Sound familiar?
At GCC Family Wealth Management, you will receive customized reporting that makes sense. Clients will choose what they want to see, and how they like to see it. Customization is a true benefit of being one of 20 or 30 clients per Family Wealth Advisor at a multi-family office, instead of being one of several hundred clients of a broker or private banker.
Imagine being able to understand exactly how each individual investment and your portfolio as a whole did over the last quarter, or year, or since inception, net of fees, and versus applicable benchmarks.