The Family Office Sherpa Family Office Interview Series – Ben Edmonds, CFO for Alberts, Australia's First Family of Music
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Nov 23, 2025 Ben Edmonds, CFO of Alberts Family Office, dives into a rich 140-year legacy in music from iconic acts like AC/DC to the shift towards impact investing. He discusses the intricate governance structures in their family office and the significance of a collegial network among family offices. Ben shares insights on overcoming system complexities in reporting and the balance between outsourcing and internal execution. Plus, he emphasizes the rising role of specialized family-office advisors in enhancing operations and sharing best practices.
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Outsource Critical Tech And Impact Expertise
- Outsource IT and cyber to expert providers and ensure those providers communicate closely with internal teams.
- Add impact advisors to develop frameworks and expand responsible investment across operations.
Systems Multiply, Reporting Fragments
- Alberts runs many specialised systems (investments, royalties, reporting) and the main challenge is rationalising diverse tools into useful reporting.
- Too many systems create data fragmentation; the reporting layer must mine multiple databases to deliver fit-for-purpose information.
Centralise System Ownership
- Centralise system ownership and appoint a dedicated business effectiveness lead to rationalise tools and enforce standards.
- Create consistent collaboration tools across the team to avoid fragmentation from personal preferences.