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

CHARLOTTE, N.C., Jan. 24, 2017 /PRNewswire/ -- Private Wealth Systems, Inc., a global financial technology company that provides subscription based financial software and data management services to high net worth (HNWI) and ultra-high net worth individuals (UHNWI), private banks, family offices, and RIAs, today announced another premier US-based multi-family office has selected Private Wealth Systems for account aggregation, data management, and consolidated client reporting.

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 www.privatewealthsystems.com or call US +1 980 500 3000.

Cornerstone Family Office is a privately held, fee-only Multi-Family Office serving a select group of highly successful individuals and families of exceptional wealth. The firm provides a comprehensive Wealth Administration solution (including cash management, bill payment, aggregated reporting, advisor coordination and data management) and provides a diverse range of Financial & Lifestyle Concierge services designed to help clients manage their diverse wealth and simplify their exceedingly complex lives.

For more information about Cornerstone Family Office, LLC, visit http://www.cfollc.com.

Contact:

Marketing Department
Private Wealth Systems, Inc.
[email protected]
980-500-3000

SOURCE Private Wealth Systems

Related Links

http://www.privatewealthsystems.com