Knowledge Base
Investment platforms, performance tracking, portfolio analytics, and the infrastructure for managing a serious investment portfolio.
54 articles in this category — page 1 of 5
Wealth manager hiring is a straightforward decision at the extremes: if you have a $500K brokerage account and a W-2 income, you probably don't need one. If you have a $30M estate, multiple entities, and a concentrated stock position from a business exit, you almost certainly do. The interesting que
Wealth Enhancement Group (WEG) is majority-owned by TA Associates, a Boston-based growth private equity firm that took its controlling stake in 2019. Employees hold a meaningful minority position through an equity participation program. Understanding this wealth enhancement group ownership structure
The Five Star Wealth Manager Award is not a scam, but it is not what most people assume it is. Award recipients pay between approximately $1,500 and $5,000 annually for the right to use the logo in marketing materials, a fact Five Star Professional discloses in its own methodology documentation. Tha
Investment banking league tables rank financial institutions by deal volume and value across M&A advisory, equity capital markets, and debt capital markets. For anyone running a family office, planning a liquidity event, or managing banking relationships across multiple institutions, understanding w
Cash on cash return in private equity answers one question with no ambiguity: how much cash did you receive relative to the cash you put in? Divide annual distributions by total invested capital. The result is a percentage that ignores accounting adjustments, unrealized gains, and terminal value ass
DPI in private equity measures one thing with precision: how much cash has actually left the fund and landed in your account. Not marks. Not NAV. Not a GP's optimistic model. If your private equity allocation is material to your financial plan, DPI is the number that tells you whether the strategy i
Vintage year is one of the strongest predictors of venture capital fund performance, but it is widely misunderstood. Funds that deployed capital in 2009 and 2010 delivered median net IRRs in the mid-to-high teens. Funds that closed in 2021 are facing median late-stage valuation markdowns exceeding 5
Net multiple in private equity measures how many times an investor's capital was returned after all fees, expenses, and carried interest. A 2.5x net multiple means every dollar committed came back as $2.50 in your pocket, not on the GP's pitch deck. It is the most intuitive summary of whether a fund
The venture capital success rate question has a more nuanced answer than the headline "90% of startups fail" suggests. According to NBER research, approximately 60% of venture-backed companies return less than the original capital invested. That is a meaningfully different figure from total failure,
The loss ratio in private equity measures the percentage of invested capital lost on unsuccessful deals. It is calculated as total capital lost divided by total capital deployed. Simple formula, complex interpretation. For limited partners allocating $250K to $5M per fund commitment, understanding t
Valor private equity sits in the operational buyout space, targeting companies where hands-on management intervention drives returns rather than financial engineering alone. Before committing capital, sophisticated LPs need to understand the fee drag, tax treatment, J-curve timing, and how manager s
The MSCI index family sits at the center of roughly $14 trillion in benchmarked assets globally, according to MSCI's own investor relations disclosures. If you hold international equity exposure through any ETF or institutional fund, you are almost certainly measured against one of these benchmarks.