Private Wealth Systems

Cornerstone Family Office Selects Private Wealth Systems for Multi-Asset Investment Reporting and Data Management

Fast growing multi-family office selects fintech innovator to reduce operational costs and elevate client experience

Private Wealth Systems will provide Cornerstone Family Office with a single multi-asset, multi-manager cloud-based technology platform to support the full client reporting lifecycle, from account aggregation across all asset classes and custodial systems to daily transaction-level reconciliation, multi-level performance calculation, and investment reporting.

“Following an extensive due diligence process, it became obvious that Private Wealth Systems is the perfect solution to meet the complex reporting needs of our most sophisticated clients”, said Josh Levine, CEO and Founder of Cornerstone Family Office. “The combination of highly-flexible software and premium support services will enable our team to differentiate our offering by providing custom reporting that is actionable yet intuitive, while simultaneously reducing our operational and technology costs. This move allows us to focus on our core business of providing advice and administrative support to our ultra-high net worth families with the help of the top wealth reporting team in the industry and a system that has met the uncompromising security and privacy controls of the top global financial institutions.”

“We are excited to be working with Cornerstone to support their growth and provide consolidated client reporting that is the most accurate, comprehensive, timely, and personalized in the industry,” said Craig Pearson, CEO of Private Wealth Systems. “Cornerstone, and their UHNW clients, will now see the financial information they need, whenever they want, and – importantly - in the precise format they prefer. Our exceptionally flexible technology and insight-driven reporting has been intentionally designed to drive engagement and the immediate understanding of the risk and return drivers across every dimension of multi-asset, multi-currency portfolios, regardless of size or complexity.”

About Private Wealth Systems, Inc.
Private Wealth Systems is a global financial technology that is revolutionizing the way private wealth is analyzed, reported, and managed. With clients in the United States, Switzerland, U.A.E., Mexico, Canada, Panama, and the United Kingdom, the company provides a total wealth dashboard with transaction-level-transparency so ultra-high net worth (UHNWI) investors and their trusted advisors have instant access and understanding of the drivers of risk and return across all their investments, regardless of complexity, currency, asset class, manager or entity structure.

For more information about Private Wealth Systems, visit privatewealthsystems.com or call US +1 980 500-3000.

Private Wealth Systems Shortlisted for ‘Best Reporting Solution’ and Two Other Industry Awards By Private Asset Management (PAM)

Selection based upon Private Wealth Systems’ groundbreaking innovation and leadership in reshaping the private wealth industry

"We are honored to receive such a significant level of recognition by a prestigious organization. We remain committed to our core focus of providing information that is tax-level accurate and trusted, comprehensive enough to support every financial instrument and investment vehicle across all global jurisdictions, timely enough to be relevant and actionable, and personalized to reflect the unique views of sophisticated investors and their wealth managers,” said Craig Pearson, CEO of Private Wealth Systems. “Being nominated as an industry innovator, as well as a leading provider of both family office reporting technology and services, is further validation of our company’s expanding global leadership in revolutionizing the private wealth digital eco-system and, most importantly, our ability to provide a single, integrated, cloud based software system that provides the personalization of a family office solution with the scalability and security of an enterprise banking platform. "

Private Wealth Systems Named “Top Financial Technology Company to Watch” by American Banker and the Bank Administration Institute

Ranking based on Private Wealth Systems’ leadership in reshaping private wealth industry

As one of the Top FinTech Companies to Watch, Private Wealth Systems is recognized among a group of innovative organizations that remain committed to helping the global financial services industry bridge the digital divide. The Company’s first release of its next generation consolidated wealth reporting platform earlier this year has already attracted over a dozen ultra-high net worth individuals and family offices across seven countries including; Switzerland, United Arab Emirates, Mexico, the United States, Canada, the United Kingdom, and Panama.

Private Wealth Systems Enters EMEA with Key Client Win

Client Win Reinforces Private Wealth Systems' Leadership Position in the Private Wealth Industry

CHARLOTTE, N.C.— Private Wealth Systems, Inc., the industry-defining financial technology company that provides consolidated investment reporting to high net worth individuals, global private banks, family offices, and RIAs, today announced that its award winning consolidated wealth reporting platform has been selected by a Switzerland based family office.

Re-defining Client Reporting

For decades client reporting was defined by its role as a back office burden with a singular purpose of meeting regulatory requirements.

However, client reporting has evolved to become the most powerful communication medium that binds the investor/advisor relationship. This shift in purpose is driven by the most foundational element of the human condition, the quest for knowledge. It is our collective need for knowledge that is forcing the redefinition of the industry's intended purpose — to provide meaningful, relevant, actionable intelligence with transactional level transparency. Leading this transformation is a new breed of reporting platforms that remain committed to the cause of transparency, clarity, and personalization at a level that was unimaginable even a year ago. This next generation of client reporting will, by its very mandate, democratize information and establish a new equilibrium of power that will be shared by — and benefit — both investors and advisors alike in the growth and preservation of $52trn in global private wealth.

GUEST ARTICLE: Advancements In Consolidated Investment Reporting Are Enhancing Client-Advisor Relationships

Craig Pearson, CFA

Craig Pearson of Private Wealth Systems considers how the consolidated client reporting industry has changed in recent years, and the forces at play.

Pearson is chief executive and co-founder of Private Wealth Systems, a consolidated investment reporting platform. Before co-founding Private Wealth Systems, Pearson was president of WealthTouch, which was sold in November 2014.

Private Wealth Systems Voted Best Investment Reporting Platform

Peer Based Award Reinforces Private Wealth Systems' Position as the Innovative Leader in Consolidated Investment Reporting

CHARLOTTE, N.C.- -Private Wealth Systems, Inc., one of the fastest growing providers of consolidated investment reporting to global private banks, family offices, RIAs, and sophisticated investors, today announced it has won the award for Investment Reporting Platform of the Year by ACQ Global.

Private Wealth Systems Adds $1.3 Billion In New Assets

Growing AUM cements the company's position as one of the fastest growing consolidated investment reporting platforms in the industry

CHARLOTTE, N.C.--(BUSINESS WIRE)--Private Wealth Systems, Inc., the industry-defining financial technology company that provides consolidated investment reporting to private banks, family offices, RIAs, and sophisticated investors, today announced it has added over one billion in net new assets in March.

Private Wealth Systems, Inc. Completes Capital Raise

Leading Consolidated Investment Reporting Platform Raises Capital to Support Continued Growth. Proceeds Will Be Used to Accelerate Development Of Next Generation Mobile Investment Reporting Platform.

SRI: Reshaping Private Wealth Management

Craig Pearson, CFA

Social investing has become a universal theme, yet the practical application remains as personal as the individual. Where one investor may demand the exclusion of fracking from all of their portfolios, another investor may want increased exposure. Climate control, human rights, adherence to religious guidelines, and over thirty other socially responsible themes all impact not just how wealth is managed, but also the trusted relationships that exist between investors and their advisors.

EXCLUSIVE: New Tech Firm Called Private Wealth Systems Enters The Fray

Family Wealth Report - March 9, 2015 - A new financial technology firm called Private Wealth Systems has been created by the former president of WealthTouch, which was acquired by Archway last November, and an expert in the client reporting space.

Based in the fintech hub of Charlotte, NC, Private Wealth Systems is led by Craig Pearson, chief executive, and Joanne Frawley, executive vice president.

To learn more about our Groundbreaking Reporting Platform download our brochure.

» Download Brochure PDF Document

Contact Us

Private Wealth Systems, Inc.

401 North Tryon Street
Charlotte, NC 28202

 (980) 500-3000