We can now translate fund performance into what it means for the individual.
Chuck Lesem
“What really sold us on Addepar was the ability to handle our private investment company needs, the corresponding fund accounting that we do, and then integrate it with our family members who invest in those funds in different ways,” Mr. Lesem explains. “We can now translate fund performance into what it means for the individual.”
Some situations call for a big-picture analysis at the strategic level, while others need granular-level analysis presented in a way that aligns with a specific family member’s viewpoint and needs. Fremont needed to find a solution that could meet all of those needs, while also maintaining the level of accuracy and reliability that was critical to the firm.
The flexibility of the system allows us to go through those complexities and figure out a way that it will work for us and still enable us to do the reporting for a wide variety of viewpoints.
Chuck Lesem
Of particular interest was the ability to customize the format of even the most complex information. “Everything we do tends to get very complicated,” says Mr. Lesem. “The flexibility of the system allows us to go through those complexities and figure out a way that it will work for us and still enable us to do the reporting for a wide variety of viewpoints.”