Family Office Controller
A controller manages accounting, reconciliations, and reporting accuracy for the family office.
Definition
Definition Controllers oversee bookkeeping, investment accounting, reconciliations, and consolidation across entities (trusts, holding companies, foundations). They care about data quality, statement consistency, and audit readiness. Allocator Context Controllers are highly sensitive to managers who create reporting chaos. Poor reporting quality becomes a real cost: rework, auditor issues, and missed internal deadlines. Decision Authority Typically not an investment decider, but can influence manager preference over time due to operational burden. Why It Matters for Fundraising Operational excellence wins retention. If the controller experience is painful, re-ups suffer. Key Takeaways Accuracy and consistency drive trust Reporting burden matters materially Bad reporting creates long-term relationship drag Operational polish improves re-up likelihood