Quick Overview
- 1#1: Addepar - Provides comprehensive portfolio aggregation, performance reporting, and analytics tailored for complex family office investments.
- 2#2: SEI Archway - Offers an integrated family office platform with advanced reporting, accounting, and multi-asset class performance analytics.
- 3#3: SS&C Black Diamond - Delivers householding, performance reporting, billing, and client portals optimized for family offices and high-net-worth advisors.
- 4#4: Dynamo Software - Combines CRM, portfolio monitoring, and customized reporting for family offices managing alternative investments.
- 5#5: Envestnet Tamarac - Supports portfolio rebalancing, performance measurement, and customizable reporting for family office wealth management.
- 6#6: BlackRock Aladdin Wealth Tech - Powers scalable risk analytics, portfolio construction, and reporting for sophisticated family office operations.
- 7#7: FactSet - Provides real-time data integration, screening, and advanced reporting tools for family office investment analysis.
- 8#8: Morningstar Direct - Enables multi-asset performance attribution, benchmarking, and interactive reporting for family offices.
- 9#9: Orion Advisor Tech - Offers portfolio accounting, tax reporting, and household-level performance dashboards for family offices.
- 10#10: Nasdaq Sentinel - Delivers portfolio management, compliance reporting, and analytics for family offices with private market exposure.
These tools were evaluated based on core functionality (including portfolio management, performance analysis, and customization), user experience, and overall value, ensuring they meet the rigorous demands of sophisticated family office operations.
Comparison Table
Family offices rely on robust reporting software to streamline operations, and tools like Addepar, SEI Archway, and SS&C Black Diamond offer distinct capabilities. This comparison table outlines key features, usability, and suitability, helping readers evaluate which software aligns with their unique needs and goals.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Addepar Provides comprehensive portfolio aggregation, performance reporting, and analytics tailored for complex family office investments. | enterprise | 9.5/10 | 9.8/10 | 8.3/10 | 9.0/10 |
| 2 | SEI Archway Offers an integrated family office platform with advanced reporting, accounting, and multi-asset class performance analytics. | enterprise | 9.2/10 | 9.5/10 | 8.1/10 | 8.7/10 |
| 3 | SS&C Black Diamond Delivers householding, performance reporting, billing, and client portals optimized for family offices and high-net-worth advisors. | enterprise | 8.7/10 | 9.2/10 | 7.8/10 | 8.1/10 |
| 4 | Dynamo Software Combines CRM, portfolio monitoring, and customized reporting for family offices managing alternative investments. | specialized | 8.4/10 | 9.1/10 | 7.8/10 | 8.0/10 |
| 5 | Envestnet Tamarac Supports portfolio rebalancing, performance measurement, and customizable reporting for family office wealth management. | enterprise | 8.5/10 | 9.2/10 | 7.8/10 | 8.0/10 |
| 6 | BlackRock Aladdin Wealth Tech Powers scalable risk analytics, portfolio construction, and reporting for sophisticated family office operations. | enterprise | 8.4/10 | 9.6/10 | 6.8/10 | 7.2/10 |
| 7 | FactSet Provides real-time data integration, screening, and advanced reporting tools for family office investment analysis. | enterprise | 8.2/10 | 9.3/10 | 6.8/10 | 7.4/10 |
| 8 | Morningstar Direct Enables multi-asset performance attribution, benchmarking, and interactive reporting for family offices. | enterprise | 8.1/10 | 9.2/10 | 6.8/10 | 7.4/10 |
| 9 | Orion Advisor Tech Offers portfolio accounting, tax reporting, and household-level performance dashboards for family offices. | enterprise | 8.1/10 | 8.5/10 | 7.8/10 | 7.9/10 |
| 10 | Nasdaq Sentinel Delivers portfolio management, compliance reporting, and analytics for family offices with private market exposure. | enterprise | 6.5/10 | 8.0/10 | 5.0/10 | 5.5/10 |
Provides comprehensive portfolio aggregation, performance reporting, and analytics tailored for complex family office investments.
Offers an integrated family office platform with advanced reporting, accounting, and multi-asset class performance analytics.
Delivers householding, performance reporting, billing, and client portals optimized for family offices and high-net-worth advisors.
Combines CRM, portfolio monitoring, and customized reporting for family offices managing alternative investments.
Supports portfolio rebalancing, performance measurement, and customizable reporting for family office wealth management.
Powers scalable risk analytics, portfolio construction, and reporting for sophisticated family office operations.
Provides real-time data integration, screening, and advanced reporting tools for family office investment analysis.
Enables multi-asset performance attribution, benchmarking, and interactive reporting for family offices.
Offers portfolio accounting, tax reporting, and household-level performance dashboards for family offices.
Delivers portfolio management, compliance reporting, and analytics for family offices with private market exposure.
Addepar
enterpriseProvides comprehensive portfolio aggregation, performance reporting, and analytics tailored for complex family office investments.
Proprietary data normalization engine aggregating and reconciling data from 10,000+ sources into a unified, audit-ready 'single source of truth' for family offices.
Addepar is a premier wealth management platform tailored for family offices, providing end-to-end portfolio aggregation, accounting, reporting, and analytics. It unifies data from over 10,000 sources—including custodians, alternatives, private equity, real estate, and illiquid assets—into a single reconciled view for accurate performance measurement and risk assessment. The software enables customizable, client-ready reports, scenario modeling, tax optimization, and multi-entity support, making it ideal for managing complex, multi-generational wealth structures.
Pros
- Unparalleled data aggregation and reconciliation across all asset classes, including alternatives and privates
- Highly customizable reporting with pixel-perfect client deliverables and advanced analytics like performance attribution and risk modeling
- Scalable enterprise architecture supporting multi-family offices and complex ownership structures
Cons
- High cost structure prohibitive for smaller family offices
- Steep learning curve and lengthy implementation (3-6 months typical)
- Customization and integrations often require dedicated IT or consultant support
Best For
Large family offices and multi-family offices managing $500M+ in complex, illiquid, and multi-asset portfolios requiring institutional-grade reporting.
Pricing
Custom enterprise pricing based on AUM (typically 5-15 bps); annual minimums start at $100K+, with quotes via sales.
SEI Archway
enterpriseOffers an integrated family office platform with advanced reporting, accounting, and multi-asset class performance analytics.
Unified data model enabling seamless multi-currency, multi-entity portfolio consolidation and investor-ready reporting
SEI Archway is an enterprise-grade investment accounting and reporting platform tailored for family offices, wealth managers, and institutional investors. It provides comprehensive portfolio accounting, performance measurement, customized reporting, compliance tools, and client portals to manage complex, multi-asset class portfolios. The software supports multi-currency consolidation, tax reporting, and seamless data integration from numerous custodians, enabling accurate and timely insights for high-net-worth family offices.
Pros
- Robust multi-asset class support with advanced performance analytics and customizable dashboards
- Strong data integration capabilities with over 100 custodians and feeds for real-time accuracy
- Scalable architecture handles complex family office structures including multi-entity consolidation
Cons
- Steep learning curve due to its enterprise-level complexity, requiring training
- High implementation and ongoing costs, often prohibitive for smaller family offices
- Limited self-service customization; many advanced features need vendor assistance
Best For
Large family offices with diverse, complex portfolios needing sophisticated enterprise reporting and compliance tools.
Pricing
Custom enterprise pricing based on AUM; typically $100K+ annually with implementation fees.
SS&C Black Diamond
enterpriseDelivers householding, performance reporting, billing, and client portals optimized for family offices and high-net-worth advisors.
Sophisticated performance attribution engine delivering household-level and granular return analysis across illiquid and private assets
SS&C Black Diamond is a robust wealth management platform tailored for portfolio accounting, performance reporting, and client servicing, particularly suited for family offices handling complex, multi-asset portfolios. It aggregates data from multiple custodians, delivers customizable reports, and provides advanced analytics including performance attribution and risk metrics. The solution also integrates CRM functionalities and client portals to streamline family office operations and enhance transparency for stakeholders.
Pros
- Comprehensive data aggregation from 200+ custodians with automated reconciliation
- Advanced performance reporting and attribution for multi-asset classes
- Integrated CRM, billing, and client portal for end-to-end family office management
Cons
- Enterprise-level pricing can be prohibitive for smaller family offices
- Steep learning curve and complex initial setup requiring IT support
- Customization often demands professional services involvement
Best For
Large family offices or multi-family offices managing $500M+ in complex, global portfolios needing sophisticated reporting and integrations.
Pricing
Custom enterprise pricing based on AUM or users, typically starting at $50K+ annually; requires sales quote.
Dynamo Software
specializedCombines CRM, portfolio monitoring, and customized reporting for family offices managing alternative investments.
Unified client portal for secure, real-time reporting and investor self-service access
Dynamo Software offers a robust CRM platform with specialized modules for family offices, focusing on investor relations, portfolio management, and advanced reporting. It aggregates data from multiple custodians and administrators to generate consolidated performance reports, customizable dashboards, and client portals across diverse asset classes like private equity, real estate, and hedge funds. The solution emphasizes compliance, security, and stakeholder communication, making it a comprehensive tool for complex family office operations.
Pros
- Comprehensive multi-asset reporting and analytics
- Highly customizable client portals and dashboards
- Strong integrations with custodians and data providers
Cons
- Steep learning curve for full customization
- Enterprise-level pricing not ideal for small offices
- Less emphasis on core accounting compared to dedicated tools
Best For
Mid-to-large family offices with complex portfolios needing integrated CRM and stakeholder reporting.
Pricing
Custom quote-based pricing; typically $30,000–$100,000+ annually based on users, modules, and deployment scale.
Envestnet Tamarac
enterpriseSupports portfolio rebalancing, performance measurement, and customizable reporting for family office wealth management.
Dynamic household aggregation that consolidates disparate accounts into unified, drill-down performance reports
Envestnet Tamarac is a robust portfolio management and reporting platform tailored for financial advisors and family offices, offering consolidated household reporting across multiple custodians. It provides detailed performance attribution, tax optimization tools, and customizable dashboards for complex multi-account structures. The software excels in generating professional-grade reports for family office needs, including billing, rebalancing, and compliance features.
Pros
- Comprehensive multi-custodian consolidation and household-level reporting
- Advanced performance attribution and tax reporting capabilities
- Seamless integration with Envestnet's ecosystem for rebalancing and CRM
Cons
- Steep learning curve for non-technical users
- High cost structure based on AUM
- Limited flexibility in report customization compared to niche competitors
Best For
Mid-to-large family offices and RIAs managing complex, multi-generational portfolios across multiple custodians who need integrated reporting and portfolio management.
Pricing
Custom subscription pricing typically ranges from 10-25 basis points on AUM, with minimum fees for smaller accounts.
BlackRock Aladdin Wealth Tech
enterprisePowers scalable risk analytics, portfolio construction, and reporting for sophisticated family office operations.
Proprietary Aladdin Risk engine delivering real-time, cross-asset risk analytics and stress testing unmatched in the wealth tech space
BlackRock Aladdin Wealth Tech is an enterprise-grade platform providing sophisticated portfolio management, risk analytics, and reporting tools tailored for wealth managers and family offices. It supports multi-asset class monitoring, performance attribution, scenario modeling, and customizable client reporting with institutional-level data integration. Leveraging BlackRock's vast market intelligence, it helps family offices navigate complex investments with precision and compliance focus.
Pros
- Unmatched risk analytics and scenario modeling from BlackRock's proprietary engines
- Highly customizable reporting across diverse asset classes including alternatives
- Seamless integration with market data and third-party custodians for real-time insights
Cons
- Steep learning curve and requires significant training for non-expert users
- Prohibitively expensive for smaller family offices with custom enterprise pricing
- Overly complex for basic reporting needs, better suited to large-scale operations
Best For
Large family offices or ultra-high-net-worth entities managing billion-dollar, multi-asset portfolios requiring institutional-grade risk and compliance reporting.
Pricing
Custom enterprise licensing based on AUM, typically starting at $500K+ annually with implementation fees.
FactSet
enterpriseProvides real-time data integration, screening, and advanced reporting tools for family office investment analysis.
FactSet Workstation: an all-in-one desktop and web platform delivering integrated, real-time data, analytics, and customizable reporting in a content-neutral environment.
FactSet is a comprehensive financial data and analytics platform that provides family offices with advanced portfolio management, performance reporting, risk analytics, and compliance tools. It aggregates vast datasets from proprietary sources and third-party providers to enable detailed asset allocation views, attribution analysis, and customized dashboards. Ideal for institutional-level reporting, it supports multi-asset class portfolios with real-time data integration and ESG metrics.
Pros
- Extensive proprietary and third-party financial data for accurate reporting
- Advanced analytics including performance attribution and risk modeling
- Seamless integrations with custodians and other enterprise systems
Cons
- Steep learning curve and complex interface requiring training
- High enterprise-level pricing not suited for smaller family offices
- Overkill for basic reporting needs with a focus on institutional users
Best For
Large family offices and institutional investors managing complex, multi-asset portfolios that demand deep analytics and global data coverage.
Pricing
Custom enterprise subscriptions starting at approximately $30,000-$50,000 per user annually, with volume discounts and tailored quotes required.
Morningstar Direct
enterpriseEnables multi-asset performance attribution, benchmarking, and interactive reporting for family offices.
Proprietary Morningstar ratings, analyst research, and forward-looking estimates integrated into portfolio analytics
Morningstar Direct is a robust investment research and analytics platform offering family offices access to one of the largest databases of securities, funds, and portfolio data worldwide. It enables detailed portfolio analysis, performance attribution, risk assessment, and customizable reporting for multi-asset class portfolios. While powerful for data-driven insights, it requires expertise to fully leverage for family office-specific reporting needs like illiquid assets or generational wealth tracking.
Pros
- Extensive global investment data and research coverage
- Advanced portfolio analytics and performance reporting tools
- Customizable dashboards and exportable reports for stakeholders
Cons
- Steep learning curve for non-expert users
- High pricing limits accessibility for smaller family offices
- Less tailored for family-specific needs like private assets or tax reporting
Best For
Large family offices with in-house investment professionals needing deep research and analytics for sophisticated portfolio reporting.
Pricing
Custom enterprise licensing, typically $25,000–$100,000+ annually based on users, assets, and modules.
Orion Advisor Tech
enterpriseOffers portfolio accounting, tax reporting, and household-level performance dashboards for family offices.
Household aggregation engine that consolidates multi-account family portfolios into unified performance and allocation views
Orion Advisor Tech is a comprehensive wealth management platform designed primarily for financial advisors, offering robust portfolio management, performance reporting, and client communication tools that can extend to family office needs. It aggregates data from multiple custodians, supports householding for consolidated family views, and provides customizable reports on performance, allocations, and tax lots. While powerful for scalable reporting, it shines in advisor-driven environments rather than bespoke family office complexities like private markets.
Pros
- Strong data aggregation from 100+ custodians for accurate consolidated reporting
- Customizable performance and household reports with drill-down analytics
- Integrated billing, trading, and CRM tools streamline operations
Cons
- Less specialized for illiquid alternatives and private investments common in family offices
- Steep learning curve for non-advisor users
- Pricing scales with AUM, which can be costly for smaller family offices
Best For
Mid-sized family offices or multi-family office advisors managing liquid portfolios across multiple custodians who prioritize scalable, advisor-friendly reporting.
Pricing
Custom enterprise pricing based on AUM or accounts, typically $1.50-$3.00 per $1M AUM annually, with minimums around $10K-$25K/year.
Nasdaq Sentinel
enterpriseDelivers portfolio management, compliance reporting, and analytics for family offices with private market exposure.
AI-driven market abuse detection engine that flags insider trading and manipulation in real-time
Nasdaq Sentinel is an enterprise-grade market surveillance and compliance platform from Nasdaq, primarily designed for financial institutions to monitor trading activity, detect market abuse, and generate regulatory reports. It provides advanced analytics for risk management, trade reconstruction, and performance oversight, with customizable dashboards for reporting on portfolio exposures and compliance metrics. While robust for institutional trading desks, it is less optimized for the holistic wealth reporting needs of family offices, such as consolidated performance attribution, tax optimization, or multi-asset class aggregation.
Pros
- Powerful real-time surveillance and anomaly detection for compliance-heavy environments
- Comprehensive regulatory reporting and audit trail capabilities
- Scalable integration with market data feeds and trading systems
Cons
- Steep learning curve and complex setup not suited for smaller family offices
- Overkill for standard family office reporting like performance or tax summaries
- High cost with limited customization for non-institutional users
Best For
Large family offices with active trading operations and stringent regulatory compliance requirements.
Pricing
Custom enterprise licensing; typically starts at $100K+ annually based on usage and assets under surveillance, quote required.
Conclusion
The reviewed family office reporting software varies in focus, but Addepar leads as the top choice, excelling in comprehensive portfolio aggregation, performance reporting, and tailored analytics for complex investments. SEI Archway follows with an integrated platform offering advanced accounting and multi-asset analytics, while SS&C Black Diamond stands out for robust householding and client portal optimization. These top three tools cater to diverse needs, ensuring family offices find solutions aligned with their unique operational goals.
Explore Addepar’s capabilities to streamline your family office’s reporting, decision-making, and management of complex investments—your ideal tool starts here.
Tools Reviewed
All tools were independently evaluated for this comparison