The portfolio management system is the operational center of gravity for most wealth management firms. It tracks performance, drives client reporting, and feeds the billing engine that calculates AUM-based fees. But it doesn’t connect cleanly to the general ledger or to the CRM tracking client relationships.
Fee data doesn’t reconcile, client records live in one system but not another, and entity structures outgrow the platforms built to support them.
Caravel works with wealth management firms to connect portfolio operations, client relationship data, and financial reporting into one coherent technology environment, implementing and optimizing the technology systems that make that possible.
Where Wealth Management Firms See Challenges
- AUM-based fee billing: Calculating, generating, and reconciling fees across tiered, flat, and blended billing structures without manual intervention
- Client relationship visibility: Advisor and client data living in disconnected systems makes it difficult to see a relationship in full
- Expense allocation: Distributing firm expenses across funds, client accounts, or legal entities in a structured, consistent way
- Multi-entity consolidation: Producing a consolidated financial view across the holding companies, operating entities, and investment vehicles that RIAs and multi-family offices typically operate
- Portfolio management system integration: Connecting platforms like Orion, Tamarac, Addepar, or Black Diamond to NetSuite so data flows into the financial system without manual exports
Serving Wealth Management Firms Across the Technology Lifecycle
Advisory
Understanding your current technology environment, identifying where systems are creating friction, and mapping the path to an integrated operational infrastructure.
Implementation
Deploying and configuring the platforms that connect portfolio management systems, client relationship infrastructure, expense allocation, and financial reporting into one coherent system.
Optimization
Caravel closes the gaps between what your current systems can do and what they're doing for you, through integrations, workflow automation, and reporting improvements that build value over time.
Ongoing Support
Continuous system administration, maintenance, and evolution so your team stays focused on the business, not the technology supporting it.
Start the conversation
Wherever you are – building, growing, or protecting what you’ve built – you need a team that gets it. Let’s start today.