us02web.zoom.us\/rec\/share\/gjFhhC0CVB7HdHnhYC1_L-_FcE8Ktoo7mMJbCeszf-8i2RkDRDukI6K8BcLTvYgU.JA8bSQz0AI-xpXsK<\/a><\/p>\n\n\n\n\u200d<\/p>\n\n\n\n
Henning, a seasoned veteran in banking and wealth management, reflected on the rapid rise of family offices, noting that while the concept is universally recognised, the execution often varies dramatically. \u201cEvery family office starts with a common factor\u2014significant wealth, multiple stakeholders, and complex needs,\u201d he said. \u201cBut what we consistently see is that many of these families, despite having come from highly professional corporate backgrounds, fail to build their family offices with the same level of operational sophistication.\u201d<\/p>\n\n\n\n
He observed that many family offices are born out of a liquidity event, often following the sale of a business. The principal, now flush with capital, seeks to establish a formal structure to manage wealth. \u201cIn theory, these individuals know what high-level financial management looks like. They\u2019ve run corporations with ERP systems, finance teams, and structured reporting. But when they set up their family offices, it often resembles an SME operation\u2014manual, fragmented, and inefficient,\u201d he explained.<\/p>\n\n\n\n
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The Pitfalls of Manual Operations and the Data Dilemma<\/h2>\n\n\n\n
One of the most pressing issues facing family offices, according to Henning, is data aggregation and management. \u201cFamilies will spend hours consulting with advisors\u2014accountants, lawyers, and tax specialists\u2014on how to optimise their structures,\u201d he noted. \u201cYet when it comes to implementing these strategies effectively, there\u2019s a huge reluctance to invest in proper operational systems.\u201d This leads to a highly manual approach in which families struggle to consolidate information from multiple bank accounts, private assets, and investment vehicles.<\/p>\n\n\n\n
He emphasised that the problem isn\u2019t just about data collection but also data usability. \u201cThe real challenge isn\u2019t just getting the numbers together\u2014it\u2019s ensuring the data is updated, refreshed, and accessible in a way that supports decision-making,\u201d he said. \u201cYou have multiple generations involved, different priorities, and various asset classes. The real pain point for most family offices is figuring out how to structure data for different purposes\u2014one way for accountants and tax reporting, another for investment strategy, and yet another for wealth succession planning.\u201d<\/p>\n\n\n\n
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Bridging the Gap with Technology<\/h2>\n\n\n\n
As family offices grow more complex, the need for automation, transparency, and scalable solutions is becoming increasingly apparent. \u201cEvery family office we work with is grappling with how to implement technology effectively,\u201d Henning said. \u201cAs families expand across generations and geographies, and as regulatory frameworks become more demanding, having a centralised technology infrastructure becomes essential for sustainability.\u201d<\/p>\n\n\n\n
Henning sees integrated technology platforms as the next frontier in family office management, allowing for real-time data consolidation, automated workflows, and seamless communication across stakeholders. \u201cThe future of family office management is not just about investment strategy\u2014it\u2019s about control, transparency, and access to timely, accurate information,\u201d he said. \u201cThe biggest challenge isn\u2019t whether families want this. It\u2019s whether they are willing to prioritise it before their operations become too complex to fix easily.\u201d<\/p>\n\n\n\n
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Scaling for the Future: People, Process, and Automation<\/h2>\n\n\n\n
Beyond technology, another fundamental challenge family offices face is staffing and retention. Many struggle with hiring the right expertise, leading to bottlenecks in execution and knowledge gaps across the organisation. \u201cTechnology isn\u2019t just about automation\u2014it\u2019s about enabling teams to work smarter and retain top talent,\u201d Henning said. \u201cA well-structured family office doesn\u2019t just centralise wealth\u2014it harmonises operations across legal, financial, and investment disciplines.\u201d<\/p>\n\n\n\n
Reflecting on how successful family offices evolve over time, Henning reinforced the idea that those who embrace a structured, data-driven approach will have a significant advantage. \u201cThe industry is shifting rapidly,\u201d he said. \u201cThe most successful family offices will be those that integrate technology, governance, and multi-generational planning into a seamless, scalable framework. It\u2019s not just about managing money\u2014it\u2019s about building a legacy that is efficient, resilient, and built to last.\u201d<\/p>\n\n\n\n
\u00c0 propos d'Eton Solutions :<\/h3>\n\n\n\n
Eton Solutions est une soci\u00e9t\u00e9 de services et de produits logiciels ERP (AtlasFive\u00ae) fond\u00e9e pour g\u00e9rer la complexit\u00e9 des services offerts aux family offices et aux soci\u00e9t\u00e9s de capital-investissement dans le monde entier. L'entreprise est bas\u00e9e aux \u00c9tats-Unis, \u00e0 Research Triangle Park (Caroline du Nord), et son si\u00e8ge international se trouve \u00e0 Singapour, o\u00f9 elle se concentre sur les march\u00e9s en dehors des Am\u00e9riques. Cr\u00e9\u00e9 par des dirigeants de family offices, le produit phare d'Eton Solutions est AtlasFive\u00ae, avec plus de $936 milliards de dollars US g\u00e9r\u00e9s sur notre plateforme int\u00e9gr\u00e9e qui regroupe et g\u00e8re de mani\u00e8re holistique tous vos actifs liquides et investissements alternatifs, ainsi que les donn\u00e9es, les rapports et les processus de travail de votre bureau. Avec une seule source de v\u00e9rit\u00e9, Eton Solutions guide les soci\u00e9t\u00e9s de capital-investissement et les family offices vers l'avenir en maximisant l'efficacit\u00e9 et en minimisant les erreurs et les risques. Eton Solutions a connu un taux de croissance annuel moyen de plus de 100% depuis sa cr\u00e9ation.<\/p>","protected":false},"excerpt":{"rendered":"
As family offices continue to multiply across Asia, the Middle East, and beyond, the real challenge is no longer just about structuring investments but operationalising wealth management in a way that ensures longevity, efficiency, and adaptability. Speaking at the Hubbis Digital Dialogue on February 27, Bryan Henning, Senior Vice President & Head of International at […]<\/p>\n","protected":false},"featured_media":1720,"parent":0,"template":"","meta":{"_acf_changed":false},"insight-category":[10],"class_list":["post-1719","insights","type-insights","status-publish","has-post-thumbnail","hentry","insight-category-insights"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eton.bowstudios-hosting.co.za\/fr\/wp-json\/wp\/v2\/insights\/1719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eton.bowstudios-hosting.co.za\/fr\/wp-json\/wp\/v2\/insights"}],"about":[{"href":"https:\/\/www.eton.bowstudios-hosting.co.za\/fr\/wp-json\/wp\/v2\/types\/insights"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eton.bowstudios-hosting.co.za\/fr\/wp-json\/wp\/v2\/media\/1720"}],"wp:attachment":[{"href":"https:\/\/www.eton.bowstudios-hosting.co.za\/fr\/wp-json\/wp\/v2\/media?parent=1719"}],"wp:term":[{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/www.eton.bowstudios-hosting.co.za\/fr\/wp-json\/wp\/v2\/insight-category?post=1719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}