Empowering Rising-Gen Owners with Cutting-Edge Technology with Alexandre Lin

Today, I am delighted to speak with Alexandre Lin, co-founder and CEO of SumIt Software, a simple, yet sophisticated solution for complex family office accounting. Alex is a second-generation leader of his family's real estate ventures in France and China, and he now dedicates himself to SumIt. Before founding SumIt, Alex was an active investor, advisor, and partner in multiple entrepreneurial ventures, and a management consultant with IBM and Kearney. Alex and his family office are an associate member of FOX and SumIt Software is a FOX technology partner, and we are thankful to have his expertise as part of our membership community. As a G2 rising family leader, Alex has first-hand experience with the challenges of family transitions and of rising-gen members taking over responsibility and control of their family enterprise. He shares his views and experiences with this intergenerational transition process and the factors that make it challenging for the incoming younger generation. One of the key challenges Alex believes G2 leaders face is the ability to make good decisions, especially in the face of incomplete information and fragmented data. He elaborates on this issue, shedding light on the reasons why next-gen owners are challenged by poor visibility and bad data. Alex founded SumIt Software out of frustration with existing solutions he tried to deploy for his own family office. He talks about the specific challenges he encountered and the practical solutions he set out to create with his product. Looking ahead, Alex provides a vision for how technology solutions for the family office space will develop, and offers practical tips for family owners, family office professionals, and wealth advisors on how they should think about and prepare themselves for the changes that will impact the tools they will need and use in their family offices and firms. Enjoy this illuminating conversation with an entrepreneurial G2 owner, technology founder, and forward thinker in the family office technology space.

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