Thought Leadership / In The News / Mirador Sets Its Sights on Institutional Portfolio Reporting
Posted by Mirador
FOR IMMEDIATE RELEASE
Mirador, Inc., a leading managed services partner that provides best-of-breed financial reporting services, technology solutions, and products to the U/HNW wealth management industry, today unveiled its road map. The initiative is intended to broaden Mirador’s reach into the institutional portfolio sector to better serve endowments, foundations, and pensions.
Mirador’s investment reporting services empower institutional investment committees to orchestrate multiple investment mandates more easily across managers. Consolidated reporting allows them to maximize investment performance without introducing undue risk, while unlocking deeper insights, and enhancing decision making. Mirador’s road map to accelerate penetration into this market includes a key sales leadership hire, new concierge service offerings, and an array of new marketing efforts.
“Mirador’s reporting services have always been a perfect solution for institutional portfolio reporting – endowments, foundations, and pensions. As we’ve grown, our business has been largely split between family offices and wealth managers, with only 10% of our clients being institutions,” said Joseph Larizza, CEO & President of Mirador. “Given the duty of care requirements for investment committees and volunteer boards, we provide a single source of decision-making information critical to their mission. We’re doubling down to meet this need.”
The key components of the road map are as follows:
The addition of veteran Michael Anthony to oversee this initiative. Anthony’s 30+ years of experience spans roles serving the needs of both family office and institutional clients, with key roles at Bank of New York Mellon, Citizens Bank, Santander, and Boston Family Office Consultants. He will be based in Boston.
- The addition of veteran Michael Anthony to oversee this initiative. Anthony’s 30+ years of experience spans roles serving the needs of both family office and institutional clients, with key roles at Bank of New York Mellon, Citizens Bank, Santander, and Boston Family Office Consultants. He will be based in Boston.
- The rollout of two new services designed to meet the unique needs of endowments and foundations – a Board Meeting Concierge (meeting planning, summary reporting, and meeting minutes), and a Private Investment Desk (investment document prep, closings, capital call management, reporting, and K-1 document management).
- The allocation of marketing resources dedicated to driving institutional awareness, engagement, and leads. Mirador has developed an integrated approach which includes new collateral, direct content campaigns, organic and paid social media, and institutional conference attendance.
“Having admired what Mirador has been able to do for family offices and advisors, I’m very excited to join the firm and bring its solutions to the institutional space where there’s a ton of demand,” said Michael Anthony. “Further, as alternative/offline investments have become a much greater percentage of these portfolios, Mirador has the expertise and the team to successfully deliver this service.”
Comprehensive investment reporting and these new associated services are available immediately to existing and new clients. For more information about Mirador, please visit www.mirador.com or email info@mirador.com
About Mirador, Inc
Mirador, Inc. was founded in 2015 in Darien, CT with one employee, one client, and one idea–to serve those who serve significant wealth. Mirador’s leadership and employee roster is comprised of wealth management and technology experts drawn from family offices and wealth management firms and is focused on delivering an array of services specifically developed for advisors to UHNW investors. Services include consolidated financial reporting, private investment support, alternative investment data management, K-1 document management, and compensation management for wealth management firms. The company also has a technology consulting team offering bespoke wealth technology solutions in an ever-evolving landscape.
In addition to its headquarters in Stamford, CT, Mirador, has offices in Chicago, Jacksonville, Salt Lake City, and internationally in London, Edinburgh, and Dublin and currently employs more than 160 people. The firm supports the requirements of clients throughout the Americas, EMEA, and Asia Pacific.
