One of the significant challenges faced by wealthy families is how to efficiently deploy their capital. In an effort to centralize and streamline the investment process, many wealthy families utilize partnerships or other pooled investment structures. Alongside the gains in efficiency and opportunity, family partnerships can also pose significant challenges of their own. With complex optional investing structures, capital calls and distributions, evolving ownership ratios, contributed securities and varying investment types, partnerships can be difficult to track and – more importantly – report on.

SEI Archway's outsourced partnership accounting service leverages industry-leading partnership accounting software alongside a highly-experienced team of accounting professionals to deliver a comprehensive outsourced partnership accounting service to wealthy families. Our outsourced partnership accounting service supports the most complex partnership structures by utilizing purpose-built software designed to process capital activity, manage book and tax allocations, perform reconciliations and support partnership reporting requirements including financial statements, performance and tax detail.

 

Offload Your
Partnership Accounting Operations
to a Trusted Service Provider

 

Advanced Capital Activity Processing
Utilize our specialized partnership accounting service to track complex partnership transactions including contributed assets, capital subscriptions and redemptions, asset transfers and gifting, as well as capital calls and distributions for your underlying investments.

Comprehensive P&L and Tax Allocations
Transition the complicated and time-consuming accounting processes associated with changes in ownership as well as book and tax allocations – oftentimes maintained within unsecured spreadsheets – to a team of accountants trained to use secure, purpose-built partnership accounting software.

K-1 Summary and Tax Return Support
Utilize our team of professionals to prepare a comprehensive K-1 Summary report which can be sent directly to your tax preparer for the population of Form 1065 and creation of your K-1’s.

Complex Partnership Structure Handling
Ensure accounting and reporting accuracy within even the most complex ownership vehicles – including side pockets and series accounting structures – using a team of dedicated, highly-trained accounting professionals.

Sophisticated Partnership Reporting
Obtain a wide array of reports to understand partnership activity, from financial statements and general ledger reports to investment performance, partner statements and tax detail.

Trusted Data Accuracy
Trust our accounting professionals to deliver accurate, reliable results using automated reconciliation processes, checklists and process controls to reconcile detailed data from custodial and manager statements.

 

 

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An outsourced partnership accounting service
designed to simplify complex accounting and reporting operations
for investment partnerships
and other pooled investment vehicles.
 
Technology: Integrated Accounting Software
SEI Archway's integrated accounting software solution allows clients to streamline their accounting, investment management and reporting operations through a single technology platform.
Learn how integrated accounting software improves your business 
Topic: Industry Trends
Innovations in Private Wealth Technology & Reporting dives into how firms are driving towards more streamlined, enterprise-wide technology.
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