Family-Office-Specific Reporting
Most accounting software produces reports designed for general business use. SumIt's reporting is built specifically for family offices — with out-of-the-box statements, flexible consolidation views, ad hoc querying across all entities, and AI-ready data access, all in one place.
Every report your family office needs, but without the manual work that comes with producing them.
Most accounting software produces a cash flow statement that starts with net income and works backward — a GAAP format that wasn't designed for how family offices think about their finances.
SumIt's cash flow statement is a source and use of cash report: a direct view of money coming in and money going out. It can also be paired with your budget in SumIt for a side-by-side view of budgeted versus actual figures for any period.
SumIt supports full consolidation with automatic eliminations, simple entity combines, the equity method, and net worth statements that apply cascading ownership percentages through your full structure — all in a single click, with no manual configuration needed between report types.
When a principal asks how much was spent on legal fees last quarter or what a vendor was paid across all entities this year, SumIt's Register has the answer.
A built-in pivot table gives you direct access to every transaction across your entire entity structure. Filter, group, and save views so recurring questions don't require rebuilding the analysis each time.
Through SumIt's MCP Connector, your financial data is accessible to any AI tool that supports the Model Context Protocol. A question that would normally take 5–10 clicks can be answered with a single prompt.
Developed in partnership with multi-family office clients, SumIt's reporting can be individualized per family — formatting, style, logos, and presentation — so every report reflects the family it's going to.
For multi-family offices managing multiple client relationships, that consistency at scale is a meaningful operational advantage.
Phil Boscarino
Director of Family Office Services at Mariner Ultra
What types of financial reports does SumIt produce for family offices?
SumIt produces a range of reports purpose-built for family offices, including a source and use of cash flow statement, consolidated reports across multiple entities and ownership tiers, budget versus actual comparisons, and net worth statements. Reports can be customized in formatting, style, and branding to reflect each family's preferences.
How is SumIt's cash flow statement different from a standard accounting cash flow report?
How does SumIt handle ad hoc reporting requests from principals?
Can family offices use AI tools to query their SumIt financial data?
Can SumIt produce separately branded reports for different families within a multi-family office?
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