Quick Overview
- 1#1: Addepar - Aggregates multi-asset class data and provides advanced analytics and reporting for family office portfolio accounting and performance measurement.
- 2#2: SEI Archway - Delivers comprehensive family office accounting, partnership accounting, performance reporting, and household consolidation.
- 3#3: SS&C Black Diamond - Offers integrated portfolio accounting, billing, CRM, and customizable reporting tailored for family offices and wealth advisors.
- 4#4: Dynamo Software - Provides cloud-based investor portal, CRM, and accounting tools specialized for family offices managing alternative investments.
- 5#5: Allvue Systems - Manages private market investments with robust accounting, fund administration, and investor reporting for family offices.
- 6#6: Orion Advisor Technology - Delivers portfolio accounting, performance reporting, billing, and rebalancing solutions suitable for family office operations.
- 7#7: Envestnet Tamarac - Provides advisor-focused platform with account-level accounting, tax reporting, and workflow automation for family offices.
- 8#8: Juniper Square - Streamlines real estate and private equity accounting, investor portals, and fund administration for family office investments.
- 9#9: Schwab PortfolioCenter - Offers multi-custodian portfolio accounting, performance attribution, and compliance reporting for family offices.
- 10#10: InvestCloud - Powers customizable wealth platforms with accounting, aggregation, and digital client experiences for family offices.
We selected and ranked these tools by evaluating depth of features (aggregation, reporting, workflow automation), user experience, and alignment with family office complexity, ensuring each entry excels in critical operational areas.
Comparison Table
Family offices rely on specialized accounting software to manage complex assets, compliance, and reporting—this comparison table breaks down leading tools, including Addepar, SEI Archway, SS&C Black Diamond, and more. Readers will gain insights into each solution’s key features, scalability, and suitability to identify the right fit for their unique needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Addepar Aggregates multi-asset class data and provides advanced analytics and reporting for family office portfolio accounting and performance measurement. | enterprise | 9.8/10 | 9.9/10 | 8.7/10 | 9.2/10 |
| 2 | SEI Archway Delivers comprehensive family office accounting, partnership accounting, performance reporting, and household consolidation. | enterprise | 9.2/10 | 9.6/10 | 7.8/10 | 8.5/10 |
| 3 | SS&C Black Diamond Offers integrated portfolio accounting, billing, CRM, and customizable reporting tailored for family offices and wealth advisors. | enterprise | 8.5/10 | 9.2/10 | 7.4/10 | 8.0/10 |
| 4 | Dynamo Software Provides cloud-based investor portal, CRM, and accounting tools specialized for family offices managing alternative investments. | specialized | 8.1/10 | 8.4/10 | 7.9/10 | 7.7/10 |
| 5 | Allvue Systems Manages private market investments with robust accounting, fund administration, and investor reporting for family offices. | enterprise | 8.4/10 | 9.1/10 | 7.6/10 | 8.0/10 |
| 6 | Orion Advisor Technology Delivers portfolio accounting, performance reporting, billing, and rebalancing solutions suitable for family office operations. | enterprise | 7.9/10 | 8.4/10 | 7.8/10 | 7.5/10 |
| 7 | Envestnet Tamarac Provides advisor-focused platform with account-level accounting, tax reporting, and workflow automation for family offices. | enterprise | 7.9/10 | 8.4/10 | 7.2/10 | 7.5/10 |
| 8 | Juniper Square Streamlines real estate and private equity accounting, investor portals, and fund administration for family office investments. | specialized | 7.9/10 | 8.5/10 | 8.2/10 | 7.1/10 |
| 9 | Schwab PortfolioCenter Offers multi-custodian portfolio accounting, performance attribution, and compliance reporting for family offices. | enterprise | 8.1/10 | 8.8/10 | 6.8/10 | 7.4/10 |
| 10 | InvestCloud Powers customizable wealth platforms with accounting, aggregation, and digital client experiences for family offices. | enterprise | 7.2/10 | 7.8/10 | 6.8/10 | 6.5/10 |
Aggregates multi-asset class data and provides advanced analytics and reporting for family office portfolio accounting and performance measurement.
Delivers comprehensive family office accounting, partnership accounting, performance reporting, and household consolidation.
Offers integrated portfolio accounting, billing, CRM, and customizable reporting tailored for family offices and wealth advisors.
Provides cloud-based investor portal, CRM, and accounting tools specialized for family offices managing alternative investments.
Manages private market investments with robust accounting, fund administration, and investor reporting for family offices.
Delivers portfolio accounting, performance reporting, billing, and rebalancing solutions suitable for family office operations.
Provides advisor-focused platform with account-level accounting, tax reporting, and workflow automation for family offices.
Streamlines real estate and private equity accounting, investor portals, and fund administration for family office investments.
Offers multi-custodian portfolio accounting, performance attribution, and compliance reporting for family offices.
Powers customizable wealth platforms with accounting, aggregation, and digital client experiences for family offices.
Addepar
enterpriseAggregates multi-asset class data and provides advanced analytics and reporting for family office portfolio accounting and performance measurement.
Patented OpenConnect data aggregation engine providing real-time reconciliation across public, private, and alternative assets for unmatched portfolio transparency.
Addepar is a premier wealth management platform specializing in portfolio accounting and analytics for family offices, aggregating data from over 10,000 sources into a unified, reconciled view. It delivers advanced performance reporting, tax optimization, risk analytics, and scenario modeling tailored for complex, multi-asset portfolios including alternatives and privates. Designed for ultra-high-net-worth families, it supports multi-generational planning, compliance, and strategic decision-making with institutional-grade accuracy.
Pros
- Seamless integration with 10,000+ data sources for real-time reconciliation and accuracy
- Advanced analytics including attribution, ESG reporting, and tax-alpha optimization
- Scalable platform with customizable dashboards and API ecosystem for family office workflows
Cons
- High enterprise-level pricing based on AUM, less accessible for smaller offices
- Steep initial learning curve and setup requiring dedicated support
- Limited out-of-box simplicity for non-technical users despite modern UI
Best For
Ultra-high-net-worth family offices managing $500M+ in complex, global multi-asset portfolios requiring institutional-grade accounting and insights.
Pricing
Custom enterprise pricing based on assets under management (AUM), typically $100K–$1M+ annually with minimums for large clients.
SEI Archway
enterpriseDelivers comprehensive family office accounting, partnership accounting, performance reporting, and household consolidation.
Sophisticated partnership accounting engine with automated waterfall distributions and illiquid asset tracking
SEI Archway is an enterprise-grade platform tailored for family offices, delivering comprehensive accounting, investment management, and reporting solutions. It handles complex portfolio structures, including partnership accounting, performance measurement, and multi-asset class support across global markets. The software integrates seamlessly with custodians and data providers for accurate reconciliation and real-time insights.
Pros
- Powerful handling of complex partnership accounting and waterfalls
- Advanced multi-currency reconciliation and performance attribution
- Robust compliance, security, and customizable reporting tools
Cons
- Steep learning curve for non-enterprise users
- High implementation and customization costs
- Less ideal for very small family offices due to scalability focus
Best For
Large family offices and ultra-high-net-worth entities managing intricate, multi-entity portfolios with substantial assets.
Pricing
Custom enterprise pricing, typically based on AUM and modules; starts at $100K+ annually with implementation fees.
SS&C Black Diamond
enterpriseOffers integrated portfolio accounting, billing, CRM, and customizable reporting tailored for family offices and wealth advisors.
Sophisticated performance attribution engine that handles complex illiquid assets and multi-custodian data with high accuracy
SS&C Black Diamond is a robust enterprise-grade platform designed for portfolio management, accounting, and reporting, particularly suited for family offices handling complex, multi-asset portfolios. It offers advanced investment accounting across equities, fixed income, alternatives, and private assets, with automated data aggregation from over 100 custodians and seamless reconciliation. The software provides customizable performance analytics, attribution, and CRM tools to support strategic decision-making and compliance for high-net-worth families.
Pros
- Comprehensive multi-asset class accounting and reconciliation
- Advanced performance attribution and risk analytics
- Strong integration with custodians and data providers
Cons
- Steep learning curve for non-technical users
- High implementation and customization costs
- Overkill for smaller family offices with simpler needs
Best For
Large family offices managing diversified, illiquid-heavy portfolios that require scalable enterprise accounting and detailed reporting.
Pricing
Custom quote-based pricing, typically $50,000+ annually depending on AUM, users, and modules; includes implementation fees.
Dynamo Software
specializedProvides cloud-based investor portal, CRM, and accounting tools specialized for family offices managing alternative investments.
Seamless end-to-end workflow from deal sourcing through portfolio accounting and client reporting in a unified platform
Dynamo Software is a comprehensive CRM and portfolio management platform designed for family offices, investment firms, and alternative asset managers. It offers investment accounting features including position reconciliation, NAV calculations, performance attribution, and multi-asset class support. While strong in portfolio monitoring and reporting, it integrates these with client relationship tools rather than serving as a standalone general ledger system.
Pros
- Integrated CRM with investment accounting and performance reporting
- Customizable workflows for deal flow and portfolio management
- Robust client portal and data aggregation capabilities
Cons
- Limited depth in core bookkeeping and general ledger functions
- Steep initial setup and customization learning curve
- Enterprise pricing may be prohibitive for smaller family offices
Best For
Mid-sized to large family offices requiring an all-in-one CRM, portfolio tracking, and investment accounting solution.
Pricing
Custom quote-based pricing, typically starting at $20,000-$50,000 annually for base configurations, scaling with users, modules, and customizations.
Allvue Systems
enterpriseManages private market investments with robust accounting, fund administration, and investor reporting for family offices.
Multi-book partnership accounting with automated NAV calculations and investor allocations
Allvue Systems provides an integrated investment management platform with robust accounting modules designed for family offices, private equity firms, and alternative asset managers. It excels in multi-book accounting, investor capital tracking, automated reconciliations, and performance reporting across diverse asset classes like private equity, credit, and real assets. The software supports complex workflows for portfolio accounting, compliance, and investor portals, making it suitable for sophisticated family office operations.
Pros
- Comprehensive multi-book and partnership accounting for complex portfolios
- Seamless integration with CRM, portfolio management, and investor reporting
- Advanced analytics and real-time data processing for performance insights
Cons
- Steep learning curve due to enterprise-level complexity
- Custom pricing can be prohibitive for smaller family offices
- Limited out-of-the-box support for non-alternative asset classes
Best For
Mid-to-large family offices managing alternative investments with needs for integrated accounting and investor servicing.
Pricing
Custom enterprise pricing, typically starting at $100,000+ annually based on users, modules, and assets under management.
Orion Advisor Technology
enterpriseDelivers portfolio accounting, performance reporting, billing, and rebalancing solutions suitable for family office operations.
Household aggregation engine that consolidates multi-generational and multi-entity portfolios from 100+ custodians into unified views.
Orion Advisor Technology offers a robust portfolio management platform tailored for advisors and family offices, providing advanced portfolio accounting, performance measurement, and multi-custodian data aggregation. It enables consolidated reporting across complex household structures, supports billing and trading integration, and delivers customizable dashboards for high-net-worth clients. While strong in analytics and visualization, it focuses more on advisor workflows than pure back-office family office accounting.
Pros
- Superior multi-custodian aggregation and household-level reporting
- Advanced performance analytics and customizable dashboards
- Seamless integration with trading, billing, and CRM tools
Cons
- Limited depth in partnership or fund-level accounting compared to specialists
- Pricing scales with AUM, less ideal for smaller family offices
- Customization requires technical expertise for complex setups
Best For
Mid-to-large family offices or multi-family office advisors needing integrated portfolio reporting and performance tools across diverse assets.
Pricing
Custom subscription based on AUM, typically $1.50-$3.00 per $1M annually, with minimums around $10K-$20K/year.
Envestnet Tamarac
enterpriseProvides advisor-focused platform with account-level accounting, tax reporting, and workflow automation for family offices.
Tamarac Reporting's household aggregation and customizable client portals for unified family office views
Envestnet Tamarac is a robust portfolio management and reporting platform tailored for wealth advisors and family offices, delivering automated accounting, performance measurement, and client reporting capabilities. It excels in handling complex multi-custodian portfolios with features like trade reconciliation, billing, and household-level aggregation. The software supports family office needs through customizable dashboards and compliance tools, making it suitable for high-net-worth asset management.
Pros
- Comprehensive reporting with performance attribution and drill-down analytics
- Seamless multi-custodian integrations for accurate data aggregation
- Automated rebalancing and billing to streamline operations
Cons
- Steep learning curve for non-technical users
- Limited native support for illiquid alternative assets common in family offices
- Pricing scales with AUM, which can be costly for smaller portfolios
Best For
Mid-sized family offices or RIAs with $500M+ AUM focused on scalable portfolio accounting and advisor efficiency.
Pricing
AUM-based pricing starting at 20-40 basis points, with enterprise tiers for larger clients; custom quotes required.
Juniper Square
specializedStreamlines real estate and private equity accounting, investor portals, and fund administration for family office investments.
Sophisticated automated waterfall engine for complex LP/GP profit sharing and carried interest calculations
Juniper Square is a cloud-based investment management platform specializing in fund accounting, investor relations, and portfolio management, primarily tailored for real estate and private equity firms. It offers automated accounting workflows, capital call and distribution processing, performance reporting, and secure investor portals. For family offices, it provides robust tools for tracking alternative investments, ensuring compliance, and generating detailed financial statements, though it's optimized for partnership structures.
Pros
- Automated fund accounting with multi-tier waterfalls and distribution calculations
- Intuitive investor portal for secure document sharing and performance reporting
- Strong integrations with banks, custodians, and CRM systems
Cons
- Primarily focused on real estate and PE, with limited native support for public markets or liquid assets
- Custom pricing can be expensive for smaller family offices
- Initial setup requires data migration expertise
Best For
Family offices with substantial real estate and private equity portfolios needing advanced partnership accounting and investor communications.
Pricing
Quote-based pricing starting at approximately $20,000-$50,000 annually, scaled by AUM, funds, and users.
Schwab PortfolioCenter
enterpriseOffers multi-custodian portfolio accounting, performance attribution, and compliance reporting for family offices.
Advanced bilinear performance attribution and multi-level householding for tracking complex family ownership chains
Schwab PortfolioCenter is a robust investment accounting and portfolio management platform designed primarily for registered investment advisors (RIAs) and institutions managing high-net-worth client portfolios, including those for family offices. It provides advanced performance measurement, attribution analysis, risk analytics, and multi-asset class reporting with support for equities, fixed income, alternatives, and private investments. The software excels in reconciliation across multiple custodians and offers customizable reporting for complex ownership structures.
Pros
- Superior performance attribution and analytics for complex portfolios
- Strong multi-custodian reconciliation and data aggregation
- Flexible householding and ownership modeling for family structures
Cons
- Steep learning curve with a dated, complex user interface
- High enterprise-level pricing not ideal for smaller family offices
- Limited non-investment accounting features like AP/AR or tax compliance
Best For
Large family offices or RIAs needing advanced investment performance reporting and multi-custodian support for sophisticated portfolios.
Pricing
Custom enterprise pricing based on assets under management; typically starts at $20,000+ annually, contact Schwab for quote.
InvestCloud
enterprisePowers customizable wealth platforms with accounting, aggregation, and digital client experiences for family offices.
Open-architecture AdvisorOS platform enabling modular assembly of accounting, reporting, and client portal tools
InvestCloud is a comprehensive wealth management platform offering accounting solutions designed for family offices, RIAs, and high-net-worth advisors. It provides multi-asset class accounting, automated reconciliation, performance reporting, and integration with custodians and data providers. While versatile for complex portfolio management, its accounting features are part of a broader ecosystem rather than a standalone family office accounting tool.
Pros
- Strong integration with 200+ third-party apps and custodians for seamless data flow
- Advanced performance attribution and multi-currency accounting for complex structures
- Customizable dashboards and reporting tailored to family office needs
Cons
- Enterprise-level complexity with a steep learning curve for smaller teams
- Pricing is opaque and high, geared toward larger institutions
- Accounting is embedded in a full wealth platform, lacking depth compared to dedicated tools
Best For
Large family offices or multi-family offices needing an integrated wealth management platform with solid accounting capabilities.
Pricing
Custom enterprise pricing based on AUM, users, or modules; typically $100K+ annually for mid-sized implementations.
Conclusion
The analysis of family office accounting software highlights a clear top performer in Addepar, which stands out for its advanced multi-asset analytics and portfolio aggregation capabilities. SEI Archway and SS&C Black Diamond closely follow, offering robust solutions in consolidation, partnership accounting, and integrated tool customization respectively, ensuring diverse needs are met. Together, these tools represent the pinnacle of functionality for family office operations.
For families aiming to optimize their financial management, start with Addepar—the top-ranked choice that combines power, flexibility, and deep insights to elevate portfolio performance and reporting.
Tools Reviewed
All tools were independently evaluated for this comparison