Ledgex

Ledgex is a US company that builds AI automations for the back offices of family offices, wealth managers and investment firms. Ledgex Systems was founded in 2010 and spent most of its history selling Ledgex Pro, portfolio management and accounting software used by family offices, funds and allocators, with particular strength in alternative investments: private-investment tracking, multi-source data aggregation and reconciliation. In January 2026 The Players Impact, a Boston-based venture platform for professional athletes and entrepreneurs, announced that it had acquired Ledgex to power its TPI Pulse Pro wealth product. In September 2026 Ledgex relaunched as an AI-focused services company for family offices.

What Ledgex does now

• AI-readiness assessment: a fixed-fee review that inventories an office's back-office workflows, ranks automation candidates by hours saved, reviews data security and governance, and produces a roadmap.
• Build and implement: Ledgex builds the custom workflow, or implements it with the client's team, configured to the office's systems, custodians and entities, billed on time and materials under a statement of work.
• Support: optional ongoing care covering fixes when statement formats change, monitoring, enhancements and priority support.

Examples Ledgex gives of what it has built include conversion of custodian PDF statements into validated, import-ready positions and trades; interim pricing to fill month-end gaps; capital call and statement intake into clean import workbooks; consolidation of K-1s into one summary workbook; scheduled reconciliation and reporting packages; and scoring of pitch decks into deal scorecards and memos.

For family offices

Ledgex is aimed at alternatives-heavy offices where staff still re-key statements, chase prices and transcribe capital calls and K-1s by hand. Its pitch is ownership and control: the automations run on the client's own infrastructure, under its governance and on its own AI model subscriptions, and the client owns what is built, with no lock-in. The team behind it is small and senior, led by co-founder Chris McCoy, with Anthony Burns running technology and AI automation and Brian Nickerson leading client success, and it draws on 16 years of building investment-operations software. Offices that want packaged software rather than custom builds may prefer platforms such as Alkymi for document data extraction or Masttro and Asset Vantage for consolidated reporting.

Considerations and fit

Ledgex today sells services, not a packaged product. Its new platform, an AI-native investment book of record offering IBOR and ABOR views, is still in development, with a waitlist open, and the company says the services come first. Assessments are fixed-fee and builds are scoped to an estimate and statement of work; prices are not published, and a price sheet is available on request. Buyers should also ask how the January 2026 acquisition by The Players Impact affects support for any remaining Ledgex Pro users.

Frequently asked questions

What does Ledgex do?

Ledgex builds AI automations for the investment back office of family offices, wealth managers and investment firms, such as custodian statement conversion, capital call and K-1 processing, interim pricing and reconciliation, starting with a fixed-fee AI-readiness assessment.

Is Ledgex still a portfolio management software company?

Ledgex sold Ledgex Pro portfolio management and accounting software for most of its history, but in September 2026 it relaunched as an AI-focused services company. A new AI-native book of record platform is in development with a waitlist.

Who owns Ledgex?

The Players Impact, a Boston-based venture platform for athletes and entrepreneurs, announced its acquisition of Ledgex in January 2026 to power its TPI Pulse Pro wealth product. John Cahaly sits on the Ledgex board.

• Assessing back-office workflows for AI automation
• Converting custodian statements into import-ready positions and trades
• Processing capital calls, statements and K-1s
• Filling month-end pricing gaps
• Automating reconciliation and reporting packages
• Scoring deals and drafting investment memos

• Fixed-fee AI-readiness assessment and roadmap
• Data security and governance review
• Custodian statement conversion
• Interim pricing
• Capital call and statement intake
• K-1 consolidation
• Scheduled reconciliation and reporting
• Deal scorecards and memos
• Runs on client infrastructure with client-owned code
• AI-native book of record (IBOR/ABOR) in development

Built for Single Family Office (SFO), Multi Family Office (MFO), Finance / Accounting Teams, Advisors / Wealth Advisors (RIA).

Yes

Optional ongoing support: format-change fixes, monitoring, enhancements and priority support

Starts with a fixed-fee AI-readiness assessment, then a build scoped to an estimate and statement of work