“I have great enthusiasm for SumIt. I have found it to be an incredible product that perfectly fits my needs. Because of this, I am truly excited about its success and longevity.”
Bulletproof Capital is a single-family office that provides full investment management services, including accounting, tax, philanthropic, and bill pay, as well as entity management and compliance.
Despite having only opened its doors in 2022, Bulletproof Capital’s employees bring an exceptional level of expertise and offer services that are more advanced than typical family offices of this size.
Bulletproof Capital needed more information from a fintech solution to help them make better-informed decisions and manage the family office's tax, investment, and operations.
Members of the team spent significant time putting together the most important and necessary information in Excel reports. Still, end users were left wanting more, i.e., actionable, relevant insights about clients’ financial situations.
Specifically, the Bulletproof Capital team’s main consideration factors were consolidation, inter-entity entries, efficient bank and brokerage feeds, and data mining. They considered solutions like QuickBooks but found that it did not come close to meeting these needs.
As a primary decision maker, Latesia Smoot, CFO of Bulletproof Capital, looked to SumIt. She was confident that SumIt could build a solution that perfectly aligned with the family office’s needs. Latesia specifically cited SumIt’s desire to listen to clients' needs and wants and build those features directly into the product.
“I was in a position to have a direct influence on the development of [SumIt’s] solutions, ensuring that we achieved the best possible outcome.” — Latesia Smoot, CFO
Additionally, the Bulletproof Capital team cited SumIt’s implementation process as quick and easy, particularly in comparison to other product implementations they’d experienced before. SumIt continues to quickly address any hurdles during new feature implementation — another reason why Bulletproof Capital recommends SumIt to other family offices.
Since implementing SumIt software, Bulletproof Capital has realized a significant decrease in the time it takes to get data into the system. Further, it has greatly improved the team’s ability to extract the necessary data for the operations of the family office.
“Not only will you save valuable time and money, but you will also benefit from [SumIt’s] exceptional customer service. Their team is always ready to support you and ensure you have a seamless and rewarding experience with SumIt.”
Looking toward the future, Bulletproof Capital’s team is excited about SumIt’s success and longevity. Team members who use SumIt say that not only have they grown attached to it, but would not want to switch to another solution.
Knowing that each of SumIt’s clients often has a direct influence on the product development, BulletProof Capital sees long-term use of SumIt software.
