HB Wealth Adopts Arch to Scale Private Markets Ops

Why It Matters

By automating private‑markets back‑office functions, HB Wealth can scale high‑touch advisory services while improving margins, a model other independent firms are likely to emulate.

Key Takeaways

• HB Wealth manages $30 bn AUM, $5 bn in private markets.
• Arch automates reporting for over 10,000 private‑market holdings.
• K‑1 and 1099 processing time dramatically reduced.
• Real‑time performance data enhances advisor‑client collaboration.
• Platform supports HB Wealth’s geographic expansion and margin growth.

Pulse Analysis

Private‑markets assets have surged in recent years, attracting independent wealth managers seeking diversification and higher returns for clients. Yet the fragmented nature of K‑1s, capital‑call notices, and performance statements creates a costly administrative burden. Firms that rely on spreadsheets or home‑grown tools often struggle to keep pace as portfolios scale, limiting their ability to offer the high‑touch service that affluent clients demand.

Arch’s platform addresses these pain points by centralizing document ingestion, automating tax‑form generation, and delivering real‑time dashboards that aggregate data from more than 10,000 holdings. For HB Wealth, the technology translates into faster onboarding of new private‑equity deals, streamlined CPA collaboration, and clearer performance reporting for advisors and clients alike. The reduction in manual processing not only cuts labor costs but also frees advisors to focus on portfolio strategy and client relationships, driving margin expansion as the firm broadens its geographic footprint.

The HB Wealth‑Arch partnership signals a broader shift in the wealth‑management industry toward specialized fintech solutions that can scale with alternative‑investment programs. As more independent firms chase private‑markets exposure, the demand for end‑to‑end automation will intensify, prompting vendors to expand capabilities around capital‑call forecasting, ESG analytics, and integrated client portals. Early adopters like HB Wealth gain a competitive edge, positioning themselves to capture higher‑margin business while setting a benchmark for operational excellence in the evolving advisory landscape.