Hi, I am hung up on the question of software with regards to a new hedge fund. I have been researching how to get a hedge fund off the ground over the last couple months, and just about ready to spend the cash to set up the necessary legal structures and implement the day to day operational systems. I have determined my dealer/broker as Scottrade Advisor, but find the choice of my porfolio accounting software a difficult one. Advent seems the most powerful. Advent Partner or Advent Office seem to be the two best choices. They offer good solutions for a small hedge fund. But my main concern is reporting. I want my hedge fund to have unlimited break periods so that my client's can pull out money and add whenever they choose. Along with that, I want on demand reporting, updated to the day. However, Advent cannot give me a clear answer on whether it does this or not. I am having difficulty getting through the fluff. Meanwhile, my other options are: FundCount - looks ok, but pc based Eagle PTPlus - looks like a very young company CAPTools - looks really old timerish Portfolio Director - looks to slim, and pc based Any thoughts on your guys experience with getting accounting systems set up for your hedge funds? I appreciate it.