Case StudiesPortfolio Administration

Finding the right partner for Growth

Sarto Advisory is a leading Australian Investment advisory firm providing services to high-net-worth individuals and related entities. They began operations with a few clients and strong foundational processes. To grow to the next level and provide standardised portfolio management and yearend reporting for their clientele, they needed to onboard the right systems and software platforms.

Key Takeaways

  • Sarto Advisory needed to automate and simplify their portfolio management service
  • The investment team was tied up with managing data instead of analysis & advisory
  • CLASS Portfolio was chosen as the solution as it could handle daily reconciliations, reporting and corporate actions
  • Solution Centric built a sustainable and scalable solution for Sarto Advisory, tailored to their needs.

Simplifying Portfolio Management to Free Up Time for Business

Sarto Advisory’s core focus is specialised investment and financial advice for their clients including HNW. To achieve a high degree of visibility and performance, Sarto needed to collect both quantitative and qualitative data. Daily reporting, tax reporting, regular reconciliation and corporate actions – all in different file formats and various structures of data – meant that the investment team was forced to spend a lot of time managing the data instead of analysing it. Realizing the need for a better way to manage the investment portfolios, the firm turned to Solutions Centric for a robust solution.

Catalysing Growth with the Right Solution

The team at Solutions Centric worked with Sarto Advisory to understand the unique needs of their operating model. Generating detailed investment reports, providing end users with a single view of a portfolio’s financial position, quarterly and year-end tax reports, and accessing up to date information were established as the critical requisites.

We chose the CLASS Portfolio as the solution for Sarto Advisory’s needs, for its remarkable ability to handle daily data and corporate actions. We integrated the solution into their systems for fast, accurate daily investment reporting and to manage portfolio administration and accounting. Direct data feeds were set up from the broker accounts into CLASS. This gave them an easy-to-use and all-inclusive solution for portfolio administration, annual tax reporting including fee file preparation.

The Springboard to Scale to the Next Level

Sarto Advisory could now automate and simplify their online investment reporting, year-end tax reporting and administrative tasks. Our strong focus on people, process and technology and our expertise in understanding new businesses, people and their systems enabled us to build a sustainable and scalable solution for Sarto Advisory.

Solutions Centric continues to provide Portfolio Administration Services to Sarto Advisory and is in the process of extending the services. The firm spends more time with their clients, developing new business, while entrusting us to take care of the administration. The firm has scaled up to over 100 active portfolios and is continuously growing. We are delighted to be engaged with Sarto Advisory.