Forest Systems and Summitas Forge Partnership to Enhance Wealth Management Security

Strategic Alliance to Transform Wealth Management

In an exciting development on March 6, 2025, Forest Systems, a renowned provider specializing in integrated accounting software solutions, and Summitas, a leader in secure client portals and digital vaults, announced a strategic partnership. This collaboration is designed to enhance security, compliance, and operational efficiency tailored specifically for high-net-worth families and their advisors.

Elevating Security and Efficiency

The partnership between the two companies aims to seamlessly blend Forest Systems' robust financial reporting platform with Summitas' advanced digital collaboration tools. This revolutionary integration will empower wealth management firms to navigate complex accounting tasks with greater ease, safeguard sensitive information, and improve client communications with unprecedented security measures.

Ed Van Deman, CEO of Forest Systems, articulated the vision behind this partnership, emphasizing that, "This collaboration allows us to provide an integrated solution that marries our advanced accounting capabilities with top-tier secure communication. This ensures that both advisors and their clients can manage and share financial data with absolute confidence."

On the other hand, Summitas, recognized for its reliable communication frameworks and document-sharing solutions, will enhance its offerings by incorporating Forest Systems' accounting features. This will include valuable tools like an integrated general ledger and portfolio tracking. The goal is to provide clients with not only technical prowess but an intuitive, secure experience when managing essential financial documents, overseeing estate plans, or liaising with their advisors.

Mutual Commitment to Innovation

Dan Gregerson, Chairman and CEO of Summitas, expressed enthusiasm about the partnership, stating, "We are thrilled to team up with Forest Systems, a pioneer in next-generation integrated accounting and financial reporting. By merging their cutting-edge solutions with our secure platform, we can deliver an unparalleled mix of security, simplicity, and sophistication for high-net-worth families and their trusted advisors." This partnership signifies both organizations' unwavering commitment to innovation in financial management strategies, addressing the unique and evolving needs of wealth management professionals.

About Forest Systems

Forest Systems excels at providing tailored accounting and financial management solutions designed specifically for family offices and other wealth management professionals. With a firm grasp of wealth management, tax strategies, and comprehensive financial reporting, the company prides itself on helping families protect and grow their assets for future generations. Their dedicated approach ensures every facet of financial clarity, stability, and long-term success for their clients.

About Summitas

Founded in 2007 by seasoned entrepreneurs with a solid understanding of the ultra-high-net-worth clientele, Summitas arose from a vision to leverage technology to adapt to the evolving exigencies of modern wealth management. By continually refining and enhancing their software solutions, they prioritize client engagement and security in the wealth management sector.

This strategic partnership between Forest Systems and Summitas is more than just a collaboration; it's a significant advancement in how wealth management firms can operate in a digital age marked by complexity and heightened security needs. For more information, visit forestsystems.com and summitas.com.