There are no other providers of financial reporting solutions like Mirador. And the reason why is because we don’t offer just one solution–we offer them all. As a technology agnostic consultant and managed services partner, we consult on everything from Technology Selection, to Implementation, to Data Aggregation, and even Operation. In other words – we are partners with and operate all the reporting systems available. As we say, Mirador creates financial pictures that leave nothing to the imagination. We combine powerful data science with deep financial expertise to provide our clients with a single, comprehensive view of their wealth, the performance of their investments, and the associated risks and opportunities, using the best-fit technology solution for their needs.
Accurate and customized consolidated reporting across complex portfolios can cause many pain points for advisor teams. Going beyond setting up data feeds, aggregating and reconciling data, and delivering accurate reports for liquid accounts, Mirador also specializes in alternative investment data management. With most alts data delivered “off-line,” Mirador has developed tools and processes that allow the firm to easily input and report on alternative investment data, reducing time between valuation updates to clients. The most recent 2022 UBS Global Family Office Report reveals that eight out of ten family offices now invest in private equity, making this facet of our offering ever more important.
What sets Mirador apart is our elevated level of customer service. Mirador’s team of specialists lead the industry by applying our expertise to the specific requirements of our clients and delivering insights they didn’t know were possible. Whether it’s getting a clear view of their concentration risk, knowing their current and future liquidity (to fund capital calls, for example), or controlling expenses by understanding the flows of their total portfolio, Mirador’s services provide the critical information that enables our clients to make the most informed business decisions. Commonly, a client may see their portfolio data in a new way for the first time, and this insight will prompt them to ask for another new representation of the data. This customization allows Mirador to continually offer new functionality to meet ever-evolving challenges.
Joseph Larizza had decades of experience in information technology within the Financial Services industry when an idea struck him in 2015. At the time, Joe was working at a private bank serving UHNW families. Several of the bank’s clients were using new “consolidated financial reporting” technology that helps bring disparate investment information all together in one report, no matter what asset class, custody, or currency. While this technology is very powerful, it’s also complicated to customize, and the bank found itself operating these tools for its clients. Joe determined that there was a service business to be had! So, Mirador (Spanish for “tower with an expansive view”) was founded with one employee and one client in 2015. In order to find someone to help him, Joe put an ad on Craigslist. At a coffee shop in a small town, Joe met Jeremy Langlois and brought him on as employee #2, and as they say, the rest is history.
The firm’s model of exquisite client service, coupled with leveraging best-in-breed technology for Family Offices, Wealth Managers and RIAs, Endowments, and Foundations has proven to be a winner. Mirador’s clients range in size from Forbes 50 families to deca-millionaires (smallest is $15m AUM) and include wealth managers of all sizes (largest is $40B AUM). Mirador practically doubled the number of reporting services clients in 2022 from 80 to 145 and AUR rose from $80 billion to over $200 billion in wealth. This growth was recognized in 2022 by Inc. magazine by landing the firm at #545 on the annual Inc. 5000 List of America’s Fastest-Growing Private Companies.
And the momentum continues to this day. Our client-base growth continues to come from a variety of sources, including direct client references and through the excitement of industry insiders. The firm currently has over 250 clients located throughout the Americas, EMEA, and Asia Pacific. To serve this growing client base, Mirador has offices in Connecticut, Utah, Florida, Illinois, and internationally in Ireland and Scotland. We have grown from two employees in 2017 to 45 at the end of 2020 to 160+ employees currently.
Since those humble beginnings, the firm has integrated its reporting services with an ever-growing network of leading third-party technology solutions in the areas of portfolio data aggregation, compensation/commission management, accounting and billing, portfolio rebalancing, CRM and workflow, secure digital document storage, and client-portal access, all to allow us to provide a seamlessly integrated reporting technology stack to our Reporting Services clients.
CEO & President – Joe Larizza
Chief Operating Officer – Heidi Davis
Chief Revenue Officer – Jeremy Langlois
Chief Innovation Officer – Michael Pakula, CFA®
Chief Financial Officer – Aaron Feldon
Chief Marketing Officer – Tom Haidinger
Chief Solutions Officer – Michael Gault