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Managing the intricate financial and administrative aspects of ultra-high-net-worth families demands robust family office technology.
With trillions of dollars under their control, family offices need to evolve beyond spreadsheets and the human error, security risks, and inefficiencies that these continue to present.
Modern family office teams manage complex portfolios with an increasing allocation to alternative investments, yet many still rely unnecessarily on spreadsheets.
There are now many wealth management platforms on the market, but the type of platform your family office requires is likely unique. Hence, it is important to understand the difference between software providers and their offerings. In this article, we explore top solutions that can streamline family office operations, enhance decision-making, and safeguard your family's wealth.
“Masttro has allowed us to have a single source of truth for all of our investments, which is critical and enables us to execute a world-class, institutional-quality middle office infrastructure.” — Jefferson River Capital
Key Takeaways
Choosing the Best Family Office Software
Managing wealth in a family office requires precision, security, and efficiency—far beyond what spreadsheets or generic financial tools can provide. With the increasing complexity of multi-asset portfolios, alternative investments, and regulatory requirements, choosing the right family office software is critical for streamlined operations and long-term financial success.
This guide compares the top family office software solutions for 2025, highlighting key features, pricing models, and best use cases. Whether you're looking for comprehensive wealth visibility, automated reporting, or AI-driven insights, this breakdown will help you find the best platform for your family office needs.
Masttro
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Masttro is a comprehensive family office platform that provides a full view of wealth. It enables family offices to easily unite all financial data in one place.
Founded in 2010 by family office professionals as a solution to financial reporting challenges they faced running a multigenerational family office, Masttro has put the needs of the wealth owner first since the beginning.
The platform can seamlessly aggregate and ingest all assets, from liquid investments to complex alternative assets, including real estate, private equity holdings, passion assets, and more, delivering the complete picture of every corner of family wealth.
User experience is paramount throughout, from the entire portfolio consolidation setup, customizable dashboard, and automation to seamless integration into the current tech stack.
Features
- Data Aggregation: Masttro aggregates and ingests ALL asset classes, from liquid investments to complex portfolio alternatives, including real estate, private equity holdings, and passion assets.
- Multi-currency: Masttro is a global, multi-currency solution, integrating with 600+ direct feed custodians worldwide.
- Document AI: Automates data handling of capital calls, distributions, and capital statements, streamlining document management (without additional integrations).
- Security: Employs military-grade security protocols to protect sensitive wealth data (Masttro has no access to client data).
- Mobile application: Real-time tracking of assets anytime, anywhere via iOS & Android mobile app
- User Experience: An intuitive interface with mobile and tablet applications, providing anytime, anywhere access for approved users.
Who uses it
Single and multi-family offices, as well as wealth managers, financial advisory services, and professional service firms. Masttro solves consolidated reporting, governance, and other family office operations challenges.
Final thoughts
The Masttro integrated platform stands out for its holistic approach to wealth management and ability to handle a wide range of alternative investments, and streamline operations using the latest AI-powered tools, with a notably intuitive user experience.
Pricing
Pricing is based on use, not on total AUM.
“Masttro was the perfect fit for us. It has so many tools and provides us so much to learn from.” – Pola Zaga, Director, SFO
Secure Visibility for Modern Family Offices
Asora
Asora is a SAAS platform for family offices, helping them track and monitor both private and liquid assets within their financial operation.
It automates data capture, delivers performance insights, and provides digital on-demand reporting.
With always-on encryption and advanced security protocols, Asora ensures data is protected at all times.
Features
- Automated Data Capture: Streamlines data entry, reducing manual workload.
- On-Demand Reporting: Provides real-time insights that are accessible via web and mobile.
- Secure Data Storage: Ensures all family data is protected with robust encryption protocols.
Who uses it
Ideal for single and multi-family offices seeking a centralized platform for asset tracking and reporting.
Final thoughts
Asora offers a comprehensive solution for family offices aimed at enhancing efficiency and data security.
Pricing
Pricing is based on family office size.
Addepar
Addepar is a wealth management software and data platform for family offices as well as registered investment advisors (RIAs).
The company’s platform offers a wide suite of features across data aggregation, portfolio management, and consolidated reporting, with scenario modeling and forecasting capability.
It can integrate with other third-party platforms on features where high-net-worth clients want additional capabilities.
Features
- Real-Time Investment Tracking: Monitors both public and private assets, including hedge funds and private equity.
- Data Visualization Tools: Offers customizable reports and dashboards for in-depth analysis.
- Collaborative Features: Facilitates teamwork in investment analysis and decision-making.
Who uses it
Suited for family office professionals and wealth advisors/RIAs that manage complex investment portfolios requiring real-time performance analytics.
Final thoughts
Addepar provides a robust platform for comprehensive investment management, including liquid and illiquid assets, though it may present a learning curve for new users.
Pricing
Pricing is based on total AUM.
Altoo
Altoo is a Swiss wealth management software platform built to aggregate wealth data from multiple sources and deliver a comprehensive analysis, performance, and reporting solution.
It is positioned as a secure digital home for wealth owners, providing a tool to consolidate data from various custodians and allowing the capability to analyze financial data from one platform.
Designed to make daily use intuitive and help you understand and manage the most important and complex aspects of your wealth.
Features
- Multi-faceted: Consolidated reporting, governance, data aggregation,n, and management solutions.
- Intuitive design: User-friendly platform that allows easy analysis of assets.
- Beyond investments: Offers governance and legal support features.
Who uses it
Altoo is focused on wealth owners and single-family offices.
Final thoughts
Altoo is a comprehensive platform for family offices that also provides tools for wealth information and document management with wealth transition in mind.
Pricing
Pricing is based on features used and custodian integrations.
Canopy
Canopy offers account aggregation, portfolio analytics, and client reporting solutions to financial institutions, wealth management professionals, and high-net-worth individuals.
The platform has integrations with over 300 custodians, and the offering is focused on three areas: Data Acquisition and Aggregation, Data Cleansing and Standardization, and Data Analytics, Visualization, and Reporting.
Features
- All assets & formats: Consolidates PDF and electronic data for all types of assets, including structured products, private equity, real estate, and more.
- Customizable reports: Create customized, detailed reports according to requirements.
- Visualize & analyze: Tools to slice and dice clean data flexibly to obtain actionable insights.
Who uses it
Single-family offices and multi-family offices, wealth managers, private banks, and wealth professionals.
Final thoughts
Canopy is a data analysis platform for family offices that can process data for all financial and non-financial assets. This includes illiquid assets like private equity, real estate, wine, collections, and more.
Pricing
Pricing is based on data usage.
Fundcount
Originally developed as software for the hedge fund market, FundCount is a multi-asset class platform with integrated Investor and General Ledger accounting; FundCount offers tools for investment management and partnership accounting.
As an integrated family office accounting software and investment management software solution, FundCount delivers accurate, timely information and custom reporting to improve operational inefficiencies and provide actionable intelligence.
Features
- Flexible Accounts Payable: Track, approve, and pay family expenses, monitor bank and credit card accounts, and manage cash with fast, accurate support for the complete payment lifecycle.
- Integrated view of wealth: Aggregate, with a comprehensive solution, all portfolio and partnership accounting activity.
- Auto-reconciliation: Automated P&L and cash flows ensure fast book closing and accurate custom reporting, adding useful family office accounting software features.
Who uses it
Family Offices, Hedge Funds, Fund Administrators, Wealth Management, and Private Equity Firms.
Final thoughts
Accounting-focused solution that can speed up family reporting, improve efficiency, and enable easy scaling.
Pricing
Based on number of users.
Landytech
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Landytech offers a consolidated data and automated reporting platform aimed at asset owners, asset managers, and financial advisors. It is positioned to provide the capability to make informed investment decisions using data-backed performance reporting.
The solution is built around their investment data and key analytics reporting platform named Sesame, which also enables automated bookkeeping capabilities.
Features
- Data aggregation: Consolidated investment data and performance analytics reporting platform
- Multiple custodians: Integrates with 400+ direct custodians
- Automated bookkeeping: investment data seamlessly delivered into your bookkeeping applications
Who uses it
Aimed at asset owners, managers, and advisors that manage complex multi-asset portfolios.
Final thoughts
A powerful investment management platform, overall quite focused on Single Family Offices (SFOs).
Pricing
Variable pricing is based on a number of custodians, entities, and assets.
Why Choose Masttro
Masttro distinguishes itself through its origins within a family office, founded from firsthand experience in dealing with complex estate planning and wealth owner needs and understanding the importance of delivering a single source of truth.
- Comprehensive Wealth View: Delivers a complete picture of every corner of wealth, from illiquid investments and liquid investments to liabilities and passion assets.
- Security: Protects data with military-grade security and encryption, ensuring the highest level of data protection.
- User Experience: Offers an intuitive interface with anytime, anywhere access protocols for approved users, enhancing usability.
- Integration: Seamlessly integrates with a broad range of existing tech stacks, providing flexibility and ease of use.
Choose Masttro to join leading family offices that have done the same to put their wealth in full view:
“Masttro is a family office engine that can consolidate all types of information related to the family.” - Alejandro Bazua, Founder, Single Family Office
"With Masttro, we're able to access client info quickly and efficiently to answer client questions thoughtfully, with accurate data." - Danielle Roseman, Co-Head, Lazard Family Office Services.
How to choose family office software
Selecting the right software for family offices is crucial, which is why it’s so important to consider your needs and, in particular, their order of priority.
Factors to consider include how they manage multi-asset portfolios with illiquid assets, how customizable the performance reporting is, and what client service support is offered.
Five important questions before you start to explore family office software solutions :
- Core functionalities: What are your prioritized wealth management needs, and does this platform solve them?
- Implementation time: Will implementing the solution require additional resources and potentially disrupt your business operations?
- Global integrations: How many currencies do you work with, and how many different custodians will the platform need to integrate with?
- Interface design: Is the platform easy to navigate and complete tasks in?
- Cost structure: Do you want to pay based on total assets under management or not?
Conclusion
While several of these software solutions are multi-faceted, Masttro stands out for its comprehensive features, user-friendly interface, and robust security measures, making it a compelling choice for family offices seeking to enhance efficiency and safeguard their wealth.
Family Office Software FAQs
What is family office software?
Family office software is a specialized platform designed to manage the financial and administrative functions of high-net-worth families, including investment tracking, accounting, and reporting.
Why is data security important in family office software?
Data security is vital to protect the sensitive data of any financial operation from unauthorized access and potential cyber threats, ensuring the privacy and integrity of family assets and peace of mind for family members.
Why are family offices moving away from Excel?
As financial landscapes have evolved, spreadsheets have become outdated. The manual input and manipulation of data present a serious human risk element to accurate wealth management, not to mention the inefficiency of time when considering how many tasks can be automated by modern solutions for family offices. Security is also inferior to the secure protocols of modern family office software.
Are family offices the same as a family business?
Family offices often arise from a family enterprise and can be embedded within a family business team, though this isn't always suitable as the financial operation evolves. Family office stakeholders often hire a dedicated team to manage their wealth, thereby creating a standalone family office.
How does family office software aid in succession planning?
The best software will assist family office leaders with a family succession plan through tools that go beyond financial decisions to assist with sensitive document storage and automatically enable access to chosen family members in the event of an inheritance.
Can Masttro manage digital and non-bankable assets?
Yes. From cryptocurrencies to passion assets, Masttro supports a broad array of asset types with tailored reporting.
