LedgeX vs Ethic

You are looking for alternatives to LedgeX. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.

Ledgex

Portfolio Management

USA based, Ledgex Pro is comprehensive portfolio management and accounting suite designed specifically for family offices to help them with data quality & control, portfolio accounting, general ledger, performance & analytics reporting, modelling, and beneficial owner tracking.

Ethic

Impact & ESG

Ethic is working toward a future where all investing is sustainable investing. Ethic works with families and wealth advisors to create custom equity portfolios that can be tailored to unique values, tax preferences, and financial goals.

Employees

11-50

Revenue

–

Founded

2010

Ownership

Privately owned

Incorporated

United States of America

Locations

Waltham, Massachusetts

Top markets

–

Total AUM

–

Avg. AUM per client

$500 million – $1 billion

50-100

< $50 million

2015

Key staff also have ownership
External investors (neither clients nor staff)
Clients are also owners
Owned by management

United States of America

New York City

–

As of July 2022: $2 billion

–

Client

Focus

Single family offices
Multi-family offices

Serves also

Complex asset owners

Number

Investment & Financial Advisors (RIA / IFAs)

Individual wealth owners
Single family offices
Multi-family offices

109 RIAs
12 single family offices
7 multi-family offices
6 institutional consultants

Product

Main Tasks

Data aggregation and management for all transactions and market values
Review and approval of transaction and market value entries
Tax lot processing and reporting
General ledger processing
Financial reporting
Beneficial owner management and reporting
Portfolio modeling
Cash flow modeling
Exposure monitoring and reporting
Performance and analytics reporting
Entity management

Top features

Data aggregation and management
Data confidence index reporting
Side by Side ABOR vs IBOR Reporting
Beneficial ownership
Liquidity forecasting
Entity management
What-if/Portfolio modeling
Exposure reporting
Lookthru reporting

Assets supported

Public funds (partnerships, offshore funds, unitized funds, mutual funds/ETFs, etc)
Private investments (private equity, venture capital, REITs, etc)
Any commitment-based funds
Marketable Securities
Trusts
Cash and liquid assets
Personal assets (real estate, vehicles, artwork, etc)

Compliance

–

Whitelabel

Yes

Consolidated Reporting
Asset Management
Portfolio Management
Impact reporting & ESG Management
Education & Training

Sustainability research and resources
Sustainability diagnostic on existing assets
Tax optimisation and harvesting

Bankable or Financial Assets & Funds

Yes

Technology

Type of software

SaaS

Security

–

Ecosystem

Azure PaaS and IaaS

Integrations

Data feeds
OCR integration
CRM integration
3rd party general ledger systems
Document storage solutions
AP/Bill pay
Data warehouse

Mobile App

SaaS

–

Java

Software integrations can be discussed on a case-by-case basis.

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