Arch, a digital alternatives management platform modernizing workflows, data standardization, and portfolio insights across private equity, hedge funds, venture capital, real estate, and other alternative investments, announced a partnership with RSM US LLP, the provider of assurance, tax and consulting services for middle-market companies.
This initiative equips RSM’s accounting, family office, financial services and private client teams with a “solution to navigate the dynamic complexities of alternative investments.”
According to a 2024 KKR survey of 75 family offices, chief investment officers had an average of “52% allocated toward alternative investments, an increase from 42% in 2022.”
As demand for private markets investments continues, Arch integrates with FamilySight, RSM’s family office data management platform, “to provide advisors with a holistic, up-to-date view into clients’ private markets portfolios.”
Arch makes this possible by automating the time-intensive manual work traditionally “associated with tracking private investments.”
Leveraging Arch’s artificial intelligence for summarizing financial data and commentary from alternative investment documents, statements, and portals, this initiative is “expanding RSM’s digital experience to support real-time alternative investment portfolio monitoring.”
Ryan Eisenman, co-founder and CEO at Arch said:
“We are pleased to team with RSM, serving its diverse needs for private markets investment management across its family office, private client and financial services businesses. We wake up every day thinking about how we can revolutionize the complex and time-consuming process of managing alternative investments. Working directly with RSM inspires our team at Arch to continue building next-generation solutions that address the evolving needs of both private wealth advisors, family offices and institutions.”
Automating the traditionally manual tracking of private investments, Arch collects K-1s digitally “across portals, boosting productivity, enhancing decision-making, and creating better planning opportunities.”
Painful for accounting firms like RSM, Arch focuses on providing an end-to-end tax solution, including “a real time tracker for tax documents and automatically following up with asset managers for missing K-1s.”
Matt Bradvica, partner and tax digital strategy leader at RSM said:
“Arch’s infrastructure simplifies and standardizes private investment management, addressing key challenges for high-net-worth families and enabling our advisors to deliver a top-tier digital experience. At RSM, we’re committed to being a digitally driven firm, where transformative innovation is at the heart of all we do. Through our work with Arch, we’re equipping our team with a robust digital infrastructure that modernizes internal processes and creates new opportunities to deliver cutting-edge, personalized services to our clients in a fast-evolving digital world.”
RSM has collaborated with Arch to leverage its Alternatives Management Platform.
Arch allows clients and their RSM family office advisors “to more seamlessly collaborate on key financial decisions, through a digital experience for viewing all alternative investments in a single platform.”
Further, Arch will bolster the ongoing rollout of Catamaran, RSM’s outsourced solutions suite for “middle-market organizations, positioning RSM as a trusted advisor to financial services firms and managed services providers.”
With more than $175 billion in private markets assets on the platform, Arch’s customer base has reportedly expanded to “over 360 allocators, financial advisory firms and banks, including four of the top 20 private banks, 100 registered investment advisers (RIAs) and multi-family offices, and 150 single family offices.”