Quick Overview
- 1#1: Addepar - Aggregates and analyzes complex multi-asset portfolios with advanced reporting and analytics for family offices.
- 2#2: SEI Archway - Comprehensive family office platform offering portfolio management, accounting, and performance reporting.
- 3#3: Black Diamond Wealth Platform - Integrated wealth management solution for portfolio accounting, trading, and client reporting tailored to high-net-worth families.
- 4#4: Dynamo Software - End-to-end family office software for investor portals, CRM, and alternative investment management.
- 5#5: iCapital - Platform for accessing, managing, and reporting on alternative investments critical for family office portfolios.
- 6#6: Juniper Square - Investor management and fundraising platform specialized in private market investments for family offices.
- 7#7: Orion Advisor Technology - Portfolio management and reporting system with householding features suitable for family office aggregation.
- 8#8: Envestnet - Wealth management technology suite including portfolio management, billing, and compliance tools.
- 9#9: Salesforce Financial Services Cloud - Customizable CRM platform for client relationship management, planning, and wealth advisory in family offices.
- 10#10: FactSet - Powerful data and analytics platform for portfolio analysis, risk management, and research.
Tools were selected based on their depth of features (including portfolio aggregation, compliance, and CRM), user experience, reliability, and value in supporting high-net-worth family office operations, with a focus on versatility across multi-asset and private market strategies.
Comparison Table
Family offices strive to efficiently manage complex wealth, making tailored software essential. This comparison table explores leading tools like Addepar, SEI Archway, Black Diamond Wealth Platform, Dynamo Software, iCapital, and more, highlighting key features and capabilities. Readers will discover insights to match their unique wealth management needs with the right solution.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Addepar Aggregates and analyzes complex multi-asset portfolios with advanced reporting and analytics for family offices. | enterprise | 9.6/10 | 9.8/10 | 8.4/10 | 9.2/10 |
| 2 | SEI Archway Comprehensive family office platform offering portfolio management, accounting, and performance reporting. | enterprise | 9.2/10 | 9.5/10 | 8.0/10 | 8.7/10 |
| 3 | Black Diamond Wealth Platform Integrated wealth management solution for portfolio accounting, trading, and client reporting tailored to high-net-worth families. | enterprise | 8.7/10 | 9.2/10 | 7.5/10 | 8.1/10 |
| 4 | Dynamo Software End-to-end family office software for investor portals, CRM, and alternative investment management. | enterprise | 8.4/10 | 9.2/10 | 7.6/10 | 8.0/10 |
| 5 | iCapital Platform for accessing, managing, and reporting on alternative investments critical for family office portfolios. | enterprise | 8.1/10 | 9.2/10 | 7.4/10 | 7.6/10 |
| 6 | Juniper Square Investor management and fundraising platform specialized in private market investments for family offices. | enterprise | 7.4/10 | 8.2/10 | 8.5/10 | 6.8/10 |
| 7 | Orion Advisor Technology Portfolio management and reporting system with householding features suitable for family office aggregation. | enterprise | 8.1/10 | 8.5/10 | 7.9/10 | 7.7/10 |
| 8 | Envestnet Wealth management technology suite including portfolio management, billing, and compliance tools. | enterprise | 8.4/10 | 9.1/10 | 7.6/10 | 7.9/10 |
| 9 | Salesforce Financial Services Cloud Customizable CRM platform for client relationship management, planning, and wealth advisory in family offices. | enterprise | 8.1/10 | 8.5/10 | 7.0/10 | 7.4/10 |
| 10 | FactSet Powerful data and analytics platform for portfolio analysis, risk management, and research. | enterprise | 7.4/10 | 8.8/10 | 6.2/10 | 6.5/10 |
Aggregates and analyzes complex multi-asset portfolios with advanced reporting and analytics for family offices.
Comprehensive family office platform offering portfolio management, accounting, and performance reporting.
Integrated wealth management solution for portfolio accounting, trading, and client reporting tailored to high-net-worth families.
End-to-end family office software for investor portals, CRM, and alternative investment management.
Platform for accessing, managing, and reporting on alternative investments critical for family office portfolios.
Investor management and fundraising platform specialized in private market investments for family offices.
Portfolio management and reporting system with householding features suitable for family office aggregation.
Wealth management technology suite including portfolio management, billing, and compliance tools.
Customizable CRM platform for client relationship management, planning, and wealth advisory in family offices.
Powerful data and analytics platform for portfolio analysis, risk management, and research.
Addepar
enterpriseAggregates and analyzes complex multi-asset portfolios with advanced reporting and analytics for family offices.
Sophisticated ownership structure modeling for layered entities like family trusts and SPVs
Addepar is a premier wealth data platform tailored for family offices, aggregating and analyzing complex portfolios across traditional and alternative assets from thousands of custodians and data sources. It delivers unified reporting, performance attribution, tax optimization, and scenario modeling to support multi-generational wealth management. Designed for high-net-worth families, it handles intricate ownership structures like trusts, SPVs, and private investments with institutional-grade accuracy.
Pros
- Seamless aggregation of disparate data sources for a single pane of glass view
- Advanced analytics including risk modeling, performance attribution, and what-if scenarios
- Robust support for alternatives like private equity, real estate, and hedge funds
Cons
- Steep learning curve for non-technical users
- High implementation and ongoing costs
- Customization requires significant setup time
Best For
Ultra-high-net-worth family offices managing $500M+ in complex, multi-asset portfolios across generations.
Pricing
Custom enterprise pricing based on AUM, typically 20-50 bps annually with minimums starting at $150K/year.
SEI Archway
enterpriseComprehensive family office platform offering portfolio management, accounting, and performance reporting.
Advanced householding and multi-entity performance attribution for intricate family wealth structures
SEI Archway is a robust, enterprise-grade wealth management platform tailored for family offices and high-net-worth advisors, offering integrated portfolio accounting, performance measurement, trading, and client reporting. It supports complex multi-asset portfolios, including alternatives, private equity, and real assets, with advanced householding for multi-generational family structures. The platform emphasizes scalability, compliance, and seamless integration with custodians and third-party data providers.
Pros
- Comprehensive suite for portfolio management, reporting, and compliance
- Excellent support for complex family office structures and alternatives
- Scalable for large AUM with strong integrations and data aggregation
Cons
- Steep learning curve and complex implementation for smaller teams
- High enterprise-level pricing may not suit boutique family offices
- Customization requires vendor support
Best For
Large family offices managing $500M+ in complex, multi-generational portfolios needing enterprise-grade analytics and reporting.
Pricing
Custom enterprise pricing based on AUM, typically starting at $100K+ annually with implementation fees.
Black Diamond Wealth Platform
enterpriseIntegrated wealth management solution for portfolio accounting, trading, and client reporting tailored to high-net-worth families.
Advanced householding and drill-down performance reporting that consolidates family-wide views across diverse holdings
Black Diamond Wealth Platform, provided by SS&C Technologies, is a robust enterprise-grade wealth management solution tailored for advisors, RIAs, and family offices handling complex portfolios. It offers advanced portfolio accounting, performance reporting, CRM integration, billing, and data aggregation from multiple custodians. The platform supports householding for multi-generational family structures and delivers customizable dashboards and reports essential for family office oversight.
Pros
- Exceptional performance reporting and analytics across asset classes
- Seamless data aggregation from 100+ custodians
- Scalable for enterprise-level family offices with householding capabilities
Cons
- Steep learning curve for non-technical users
- High implementation and customization costs
- Limited mobile accessibility compared to modern fintech alternatives
Best For
Large family offices managing $500M+ in complex, multi-asset, multi-generational wealth that require sophisticated reporting and compliance tools.
Pricing
Custom enterprise pricing, typically $50K+ annually based on AUM, users, and modules; requires quote.
Dynamo Software
enterpriseEnd-to-end family office software for investor portals, CRM, and alternative investment management.
Direct Data aggregation engine that pulls and normalizes private market data from thousands of sources for real-time benchmarking and IRR calculations
Dynamo Software is a robust platform specializing in alternative investment management, providing CRM, portfolio monitoring, fundraising tools, and investor portals tailored for family offices and private wealth managers. It aggregates data from GPs, LPs, and third-party sources to deliver unified performance reporting and analytics for private equity, venture capital, and real assets. The software emphasizes relationship management and secure client communication, making it ideal for complex, multi-generational family office structures handling illiquid investments.
Pros
- Powerful CRM and investor relationship management with automated workflows
- Advanced data aggregation and benchmarking for alternative investments
- Highly customizable reporting and secure client portals
Cons
- Steep learning curve for non-technical users
- Limited native support for public market equities and fixed income
- Pricing can be opaque and enterprise-level expensive
Best For
Family offices with substantial alternative investment portfolios needing integrated CRM, data aggregation, and client reporting tools.
Pricing
Custom enterprise pricing, typically starting at $50,000+ annually based on users, assets under management, and modules.
iCapital
enterprisePlatform for accessing, managing, and reporting on alternative investments critical for family office portfolios.
iCapital Marketplace, a curated digital gateway to vetted alternative funds and direct deals from elite managers
iCapital is a technology platform specializing in alternative investments, providing family offices with access to private equity, hedge funds, real estate, and other illiquid assets through a digital marketplace. It offers tools for deal sourcing, due diligence, portfolio monitoring, risk analytics, and customized reporting tailored to high-net-worth portfolios. While not a full-spectrum wealth management solution, it excels in streamlining the complex world of alternatives for sophisticated investors.
Pros
- Unmatched access to institutional-grade alternative investment opportunities and top-tier managers
- Robust analytics, performance tracking, and reporting specifically for illiquid assets
- Streamlined onboarding, compliance tools, and investor portal for family office teams
Cons
- Primarily focused on alternatives, lacking comprehensive tools for public markets or holistic family office needs like estate planning
- Complex interface with a learning curve for users new to private markets technology
- Pricing can be opaque and premium, often tied to AUM with additional transaction fees
Best For
Family offices with significant allocations to alternative investments that need efficient sourcing, due diligence, and monitoring of private assets.
Pricing
Custom enterprise pricing based on AUM (typically 0.05-0.25% annually) plus potential transaction or subscription fees; requires direct inquiry.
Juniper Square
enterpriseInvestor management and fundraising platform specialized in private market investments for family offices.
The unified investor portal that combines performance tracking, document management, and communication in a mobile-friendly interface
Juniper Square is a specialized platform for real estate investment management, providing fund accounting, investor portals, CRM, and reporting tools tailored for general partners (GPs) and limited partners (LPs) in private markets. It streamlines investor communications, capital calls, distributions, and performance analytics, making it suitable for family offices with significant real estate or private equity allocations. While not a full-spectrum wealth management solution, it excels in automating back-office operations for alternative investments.
Pros
- Intuitive investor portal with real-time access to reports and documents
- Robust fund administration and workflow automation for real estate deals
- Strong CRM and client relationship tools integrated seamlessly
Cons
- Primarily focused on real estate, lacking broad multi-asset class support for comprehensive family office needs
- Custom pricing can be expensive for smaller family offices
- Limited advanced tax, estate planning, or public markets portfolio tools
Best For
Family offices with substantial real estate private market investments seeking efficient investor reporting and fund ops automation.
Pricing
Custom quote-based pricing, typically starting at $20,000-$50,000 annually depending on AUM and modules, with enterprise tiers for larger users.
Orion Advisor Technology
enterprisePortfolio management and reporting system with householding features suitable for family office aggregation.
Household aggregation engine that consolidates multi-generational family portfolios across 100+ custodians into a single, real-time view.
Orion Advisor Technology is a robust portfolio management platform designed for financial advisors and wealth managers, offering aggregation across multiple custodians, performance reporting, trading, billing, and CRM integration. It enables household-level views for complex family structures, making it suitable for family offices handling diverse assets. The platform emphasizes data accuracy, customizable dashboards, and mobile access via Orion Everywhere.
Pros
- Superior multi-custodian data aggregation and householding for unified family views
- Highly customizable performance reporting and analytics
- Integrated trading, rebalancing, and billing streamline operations
Cons
- Higher pricing may strain smaller family offices
- Advanced customizations require professional services
- Limited native handling of illiquid private assets compared to specialized tools
Best For
Mid-to-large family offices or multi-family offices managing $500M+ AUM focused on advisor efficiency and detailed performance reporting.
Pricing
Custom enterprise pricing, typically 10-25 basis points on AUM with tiered plans and additional fees for integrations.
Envestnet
enterpriseWealth management technology suite including portfolio management, billing, and compliance tools.
Yodlee-powered data aggregation unifying data from 15,000+ sources across accounts, custodians, and asset classes
Envestnet offers a comprehensive wealth management platform tailored for advisors, RIAs, and family offices, integrating portfolio accounting, performance reporting, trading, rebalancing, and financial planning tools. Through acquisitions like Tamarac and Yodlee, it provides robust data aggregation from thousands of sources, enabling unified views of complex, multi-asset portfolios. The solution supports family offices in managing high-net-worth client relationships with customizable reporting, billing, and compliance features.
Pros
- Extensive data aggregation and multi-custodian integration for holistic portfolio views
- Advanced reporting and analytics with drill-down capabilities for complex family office structures
- Scalable platform with strong compliance and trading tools
Cons
- Steep learning curve and complex interface requiring significant training
- High pricing that may not suit smaller family offices
- Limited native support for alternative investments like private equity compared to niche competitors
Best For
Mid-to-large family offices or multi-family office platforms managing substantial AUM and needing enterprise-level integrations.
Pricing
Custom enterprise pricing, typically subscription-based starting at $50,000+ annually, often scaled by AUM or users.
Salesforce Financial Services Cloud
enterpriseCustomizable CRM platform for client relationship management, planning, and wealth advisory in family offices.
Household Accounts for modeling multi-generational family wealth structures and relationships
Salesforce Financial Services Cloud is a powerful CRM platform customized for financial services, including wealth management for family offices. It offers a 360-degree view of clients and households, supports goal-based financial planning, compliance management, and portfolio oversight through integrations. The solution excels in handling complex relationships across generations and entities typical in family office environments.
Pros
- Comprehensive 360-degree client and household views
- Robust compliance and regulatory tools
- Highly customizable with extensive AppExchange integrations
Cons
- Steep learning curve and complex setup
- High implementation and ongoing costs
- Requires additional integrations for advanced portfolio analytics
Best For
Large family offices or wealth managers needing scalable CRM with deep customization for complex family structures.
Pricing
Custom enterprise pricing, typically $300-500/user/month plus implementation fees starting at $50,000+.
FactSet
enterprisePowerful data and analytics platform for portfolio analysis, risk management, and research.
FactSet Workstation: a unified desktop platform integrating data, analytics, research, and collaboration in one customizable interface.
FactSet is a comprehensive financial data and analytics platform designed for institutional investors, providing real-time market data, advanced analytics, quantitative modeling, and portfolio management tools. It enables in-depth research, risk assessment, and performance attribution, making it suitable for monitoring complex investment portfolios. For family offices, it offers powerful insights into public and private markets but lacks built-in tools for family-specific needs like trust accounting or multi-entity reporting, often requiring integrations.
Pros
- Extensive real-time and historical financial data coverage across global markets
- Advanced analytics including AI-driven insights and portfolio optimization
- Robust risk management and performance attribution tools
Cons
- Steep learning curve and complex interface requiring significant training
- High enterprise-level pricing prohibitive for smaller family offices
- Limited native support for family office operations like tax, estate planning, or CRM
Best For
Large family offices managing sophisticated, multi-asset investment portfolios that prioritize deep data analytics over user-friendly wealth operations.
Pricing
Custom enterprise subscriptions; typically $30,000-$100,000+ per user annually depending on modules and data access.
Conclusion
The reviewed tools provide robust support for family offices, with Addepar leading as the top choice, excelling in aggregating and analyzing complex multi-asset portfolios with advanced reporting. SEI Archway and Black Diamond Wealth Platform stand out as strong alternatives, offering comprehensive and integrated solutions, respectively, to suit diverse family office needs.
Take the first step toward optimized wealth management by exploring Addepar—its capabilities can empower your family office to streamline operations and gain deeper insights into your portfolios.
Tools Reviewed
All tools were independently evaluated for this comparison