FundCount

FundCount is an investment accounting and reporting platform for firms that need portfolio, partnership, and general ledger work in one system. It is best suited to family offices, fund administrators, hedge funds, and private equity firms with varied assets and investor structures. Its accounting breadth is a clear strength, but annual plan costs and additional fees make it a substantial commitment.

Overview

FundCount combines portfolio, partnership, and general ledger accounting for investment analysis and reporting. Its portfolio engine spans listed securities, fixed income, OTC derivatives, private equity, real estate, and alternatives; partnership accounting covers capital accounts, allocations, waterfalls, fees, and profit splits. That makes it relevant to firms that need to connect investment positions with investor-level economics, rather than simply monitor a portfolio.

Data can flow in through interfaces with dozens of banks, brokers, and custodians, or through the ETL Importer, which accepts Excel, CSV, text, and XML. Named sources include Bloomberg and Refinitiv for prices and corporate actions, and Pershing, BNY, and Goldman for custodian and prime-broker feeds. The breadth can reduce manual consolidation when a firm's providers are covered, though buyers should confirm their own feeds.

Reporting ranges from tables and charts to complex visualizations. The Report Encyclopedia includes hundreds of samples for client community members, giving teams a starting point for reporting without limiting them to basic formats. Performance reporting, tax-lot accounting, multi-currency support, and investor reporting are also supported.

The investor portal provides permissioned access, document delivery, and multi-factor authentication. Period locks, user permissions, and audit trails add control over accounting workflows; FundCount is identified as SOC 2 Type II and AICPA examined. Prospective customers can use guided proof-of-concept sessions with their own data and reports, a more concrete way to assess fit than a general product tour. FundCount also says its global offices provide over 16 hours of daily support.

Key features

Integrated accounting: Portfolio, partnership, and general ledger functions sit on one platform. This suits firms that need investment and investor accounting together, but may exceed the needs of organizations seeking only portfolio tracking.

Broad asset coverage: Listed securities, fixed income, OTC derivatives, private equity, real estate, and alternatives are supported, making the platform relevant to diversified and less conventional portfolios.

Imports and feeds: Interfaces with banks, brokers, and custodians combine with file imports in four formats. Named integrations provide useful examples, but firms should validate coverage for their exact providers.

Deployment choice: FundCount can run on-site, in public or private cloud, or as fully managed SaaS. Its Java three-tier architecture runs through a browser without locally installed plug-ins, offering flexible access without a browser add-on requirement.

Pricing

FundCount is paid software, with no free plan or free trial. Annual plans start at $14,450 / year, and digital transformation and hosting fees are additional on the plans that state them. Guided proof-of-concept sessions are available for prospective customers, but are not a free trial.

PlanPrice and scopeFund Admin Incubator$14,450 / year; up to 5 funds, US$50M AUA per fund, and 1 user. Additional funds cost $6,450 each; digital transformation and hosting fees are extra.Multi-Family Office$26,950 / year; customized family reporting and US tax reporting for K-1, 1065, Schedule D, and 1099. Digital transformation and hosting fees are extra.Fund Administration$26,950 / year; integrated investment, partnership, and general ledger accounting, white-labeled reports, and look-through reporting. Digital transformation and hosting fees are extra.Single Family Office / Asset Owner$35,899 / year; any asset class, automated data feeds, and full financials on demand. Digital transformation and hosting fees are extra.Hedge Fund$35,899 / year; for funds not serviced by an administrator, with NAV by fund, class, side pocket, partner, or series. Digital transformation and hosting fees are extra.Shadow Hedge Fund$35,899 / year; for funds serviced by an administrator, with on-site or single-client secure cloud deployment. Digital transformation and hosting fees are extra.Asset Management$35,899 / year; multi-entity reporting and on-site, public or private cloud, or fully managed SaaS deployment. Digital transformation and hosting fees are extra.Private Equity$38,389 / year; equity, loan, convertible, and hybrid structures, plus waterfall calculations. Digital transformation and hosting fees are extra.The Incubator is the lower-cost entry point for a small fund administrator, but its five-fund, US$50M AUA-per-fund, and one-user caps are material constraints. Multi-Family Office and Fund Administration cost more but add specialized reporting, with the latter explicitly combining all three accounting areas. The higher-priced plans target distinct operating models; the Private Equity plan is the most expensive and is the one tailored to hybrid structures and waterfall calculations. Every listed annual price is a starting price, so buyers should account for the added fees as well as the stated limits.

Platforms

FundCount supports API, Linux, macOS, self-hosted, web, and Windows. Deployment can be on-site, public or private cloud, or fully managed SaaS, so firms can choose an operating model suited to their infrastructure requirements. The browser-based architecture avoids locally installed plug-ins.

Who it's for

FundCount is a strong candidate for family offices, fund administrators, hedge funds, and private equity firms that need complex asset coverage alongside partnership accounting and investor reporting. Its multiple deployment models and data-import paths also suit organizations with specific infrastructure or reconciliation needs. The one-user Incubator cap makes it a narrow fit for larger teams, while the annual starting prices and extra fees make it difficult to justify for smaller firms with simpler portfolios or modest reporting needs.

Pros and cons

Pro: Portfolio, partnership, and general ledger accounting share one platform, supporting workflows that span holdings and investor economics.

Pro: Asset coverage includes private equity, real estate, and OTC derivatives as well as listed securities and fixed income.

Pro: Multiple file formats and named bank, broker, and custodian feeds can limit manual data assembly for covered providers.

Pro: On-site, cloud, and managed SaaS deployment options accommodate different infrastructure preferences.

Con: Annual prices begin at $14,450 / year, with digital transformation and hosting fees on the applicable plans, making total cost more than the base price.

Con: The entry Incubator plan is capped at five funds, US$50M AUA per fund, and one user, which can constrain growing operations.

Con: There is no free plan or free trial; a guided proof of concept is the available route for evaluating the product with a firm's own data.

Alternatives

Consider Enfusion if iOS support matters; its listed platforms also include Linux, macOS, web, and Windows, and its Enfusion by Clearwater plan offers a demo with no commitment or contract required. FinFolio and WealthSpectrum are paid alternatives with Android, API, iOS, self-hosted, and web support. FIS Data Integrity Manager is a paid, web-based option with no free plan. Juniper Square is another paid option, with Android, API, iOS, and web platforms. Dynamo CRM & Deal Management is paid and supports Android, API, iOS, and web; its pricing is available by demo request. Hatcher+ FAAST is a paid web option with a free trial. Orion Portfolio Accounting may suit buyers seeking a lower stated starting price: its Foundation plan starts at $13,000 annually and includes billing and reporting, Orion Planning, a client portal, and a mobile app.

For category comparisons, browse Investment Accounting Software, Family Office Software, and Portfolio Management Software.

Verdict

FundCount is best for investment organizations that need broad asset accounting, partnership economics, and reporting in one system. Its strongest reason to choose it is the combination of accounting depth, integrations, and deployment flexibility; its strongest reason to look elsewhere is the substantial annual commitment, especially once additional fees and plan limits are considered. Smaller or simpler operations should compare lighter-cost options before committing.