How a family investment firm brought its whole portfolio into one daily view
Inside the Larry H. Miller Company's move to MSCI Total Plan Manager.
OverviewOne trusted view across public and private markets
The Larry H. Miller Company is a Utah-based family investment firm that manages a diversified portfolio for the family and its foundation, split close to 50/50 across public and private markets.1
Its Family and Foundation Investments team needed a single place to see everything together, with performance measured consistently across both markets and look-through to holdings on the private book.
The team adopted MSCI Total Plan Manager as its investment book of record: one consistent source for market values, performance, holdings and transparency.
What once required a two-day wait on a report is now available instantly, giving the whole team a daily view of the parts of the portfolio they cover.
Portfolio split close to evenly across public and private markets.
A single source for market values, performance, holdings and transparency across the whole portfolio.
Self-service access replaced waiting on a report from accounting or operations.
ChallengeSeeing the whole portfolio in one place
With the portfolio split close to 50/50 between public and private markets, the team needed a way to assess both sides of the portfolio together. That meant assessing performance and holdings across the portfolio while gaining look-through to underlying private positions.
The team needed one trusted source that could provide consistent information across public and private markets and give each team member access to the investments they cover.
Action
The team adopted MSCI Total Plan Manager as its investment book of record, bringing market values, performance, holdings and transparency across public and private markets into one environment.
Rather than requesting reports, team members can log in directly to retrieve information for current or historical dates. They can view time-weighted returns across the portfolio, toggle to dollar-weighted returns for private assets and access MSCI benchmarks and look-through data within the same platform.
Dual return lenses
View time-weighted returns, with dollar-weighted returns for private assets.
Self-service by date
Retrieve market values and returns for current or historical dates.
Team-wide daily access
Give team members daily access to the portfolio segments they cover.
What MSCI delivered
MSCI Total Plan Manager (TPM)
Manage public and private assets in one view with integrated analytics, risk and scenarios.
Private Capital Transparency
Gain insights with transparent, look-through data. Leverage research, analytics and forecasting to optimize your investments.
MSCI Indexes
MSCI can help you stay ahead of the changing market and empower your investment strategies with a suite of index solutions designed to match your goals and values.
“We rely on it on a daily basis for market values, performance, holdings and transparency. … I could literally just log in. Pick any date. Pick today’s date. I can go back in time, see market values and returns.”
Clint Stone, Larry H. Miller Company
ImpactOne trusted view the whole team relies on daily
The team now has a consistent daily view across its public and private investments, with market values, performance, holdings and transparency available in one place.
Team members can access the information they need directly rather than relying on reports from accounting or operations. What once could take up to two days is now available immediately, giving the team faster access to the portfolio information it uses every day.
Private-market transparency
Look-through to holdings-level detail on private assets alongside public positions.
Consistent performance measurement
Performance measured across both public and private markets.
One trusted source
Portfolio information the whole team could access and rely on.
Daily portfolio access
Portfolio information available to the team without waiting for a report.
1 The Larry H. Miller Company is a Utah-based family investment firm that manages a diversified portfolio for the family and its foundation, split close to 50/50 across public and private markets. Its Family and Foundation Investments team needed a single place to see everything together, with performance measured consistently across both markets and look-through to holdings on the private book. The team adopted MSCI Total Plan Manager as its investment book of record: one consistent source for market values, performance, holdings and transparency. What once required a two-day wait on a report is now available instantly, giving the whole team a daily view of the parts of the portfolio they cover.