Investment portfolio accounting

For many entrepreneurs and family groups, their family's financial wealth grows over time through the extraction and investing of profits from their favourite and most valuable asset, their private business. In other cases, proceeds received from a successful business exit may provide the initial capital to build a diversified investment portfolio to support current and future family members.

How your capital is invested will depend on factors such as your available funds, risk and diversification appetite and the need for liquidity. Asset classes can consist of traditional investments such as listed shares (equities), direct property (commercial and residential) and more custom investments such as investments in unlisted private equity and other managed funds either in Australia or overseas. Each of these investments will come with accounting and tax administration needs which inevitably expand over time as the portfolio values grow and asset base diversifies.

For our high net worth clients, we provide a holistic solution to managing the ongoing accounting for their family wealth and investment portfolios. We are as paperless as we can be and continue to invest the time in developing efficient systems and processes to leverage cloud accounting within the evolving Xero ecosystem. We are happy to invest the time to set up the systems and processes to suit your structures and reporting needs as well as take care of the ongoing  accounting and tax compliance requirements.

The below is an example of how we work as the accounting function for our clients' investment portfolios.

Accounting for investment portfolios