Packages nobody reads
Balance sheets, rent rolls and variance workbooks arrive every month with no summary of what changed or why it matters.
About us
Built by a representative who got tired of explaining spreadsheets.
Dave Rumsey started WealthInsight to give his own investors clear, checked updates on the private deals he placed them in.
- Numbers tied to a source
- 100%
- Approvals per update
- 2
- Private copy per investor
- 1
Your investors chose a private real estate deal because they trusted you. They deserve to hear how it is going in plain words, with the bad news stated as clearly as the good.
The reporting gap
Sponsors send numbers. Investors want to know what they mean.
A monthly owner's package can run to ninety pages of Yardi statements and operator shorthand. The sponsor's letter, when there is one, tends to lead with the good news. Somewhere in between, a representative is answering the same question by email for every client who asks.
Losses go unmentioned
A sponsor letter can describe rising occupancy and leave out that the property lost money after mortgage interest.
Holdings by email
Each investor who asks what they own gets a summary typed by hand from a spreadsheet, one client at a time.
Review happens late
Communications need supervision, yet most drafts reach compliance as finished emails with no record of where each figure came from.
How WealthInsight works
From sponsor files to a sent update, with a record at every step
The same five steps for every deal, every month or quarter, so each update is checked the same way before an investor reads it.
The platform
Four parts of one workspace for an alternative investment practice.
In practice
What the checks catch before an investor does.
Three situations drawn from real sponsor packages, with the names and figures changed.
Self storage01
A sponsor letter that left out the loss
The monthly letter reported higher occupancy and steady move-ins. The financial package in the same folder showed a net loss after mortgage interest and negative cash flow every month.
What WealthInsight does
The balance check blocks the draft until a sentence states the loss and the cash flow, citing both figures from the package.
Multifamily02
A 13% miss with no stated cause
The operator's memo named an NOI shortfall against budget and gave no reason. The explanation sat in a variance workbook deep inside the same package.
What WealthInsight does
The number check flags the miss, finds the passage that explains it, and proposes wording that a person keeps or rewrites.
Apartment portfolio03
A rent roll full of residents' names
The owner's package included a sixty-page rent roll listing every resident. It belonged in the file and had no place in anything an investor sees.
What WealthInsight does
Files marked as holding personal data can never be shared with investors or placed in the portal, by anyone.
FAQ
Questions advisors ask before they start.
Who is WealthInsight for?
RIAs and registered representatives who place clients in private real estate, self storage and other alternative investments, and who report to those clients on what the sponsors send.
Does the AI write investor updates on its own?
No. AI suggests figures and wording, and every suggestion is checked before anyone sees it. A suggested number needs a quoted passage that really appears in the sponsor's file. A person decides what goes in every update.
Can one investor ever see another investor's figures?
Each investor's copy is built from their own investment alone, and our test suite renders two investors side by side to confirm neither copy holds the other's data.
How does it fit our compliance process?
Every update is frozen as a numbered version before review. A compliance reviewer other than the preparer approves it, your firm's required wording prints on every copy, and the audit log exports to CSV for your broker-dealer's records.
What about projections?
Showing projections to investors is off by default because FINRA Rule 2210 limits them. Your firm turns it on in its policies when it decides to.
Can we bring our existing spreadsheet?
Yes. WealthInsight imports a holdings workbook, reads each tab with plain code, and lands every holding as unverified until someone on your team checks it.
See it with your deals
See your own deals reported the way investors want to read them.
Send Dave a recent sponsor package and he will walk you through the update WealthInsight builds from it.
Bring a recent sponsor package and Dave will show you the update it becomes.
Talk to Dave