4 must-have family office dashboards for wealth management

TL;DR

Family offices are switching from monthly reports and spreadsheets to family office dashboards for timely information. This article covers the four types of dashboards every modern family office needs for a clear, timely view of wealth across entities and asset classes.

Introduction

Monthly reports and spreadsheets aren’t enough anymore, wealth owners expect instant access to financial insights. Many family offices still rely on fragmented data and manual processes, slowing decisions. 

Consolidated reporting platforms use automated data aggregation to provide timely insights. This shifts wealth management from reactive to proactive, enabling precise tracking of asset allocation, liquidity, and investment returns. 

Family offices need interactive dashboards that simplify complex data into a clear financial picture. Below are the essential family office dashboards on the Asora platform that deliver the clarity, control, and efficiency modern wealth owners demand. 

Net worth & ownership

Insights gained:

• Where is my wealth held, and how is my net worth distributed across asset classes? 
• How are my assets structured across entities and ownership vehicles? 

Key features: 

• A consolidated snapshot of total wealth, breaking down assets across providers and dimensions such as asset classes (equities, fixed income, alternatives, etc.), liquidity (liquid vs. illiquid holdings), concentration, and risk exposure 
• A holistic view of the family’s total net worth, incorporating real estate, private equity, and liquid investments 
• A look-through mode for transparency on underlying holdings, family entity structures, trusts, and direct ownership details 

Performance

Insights gained:

• How are my investments performing overall and by asset class?
• How does my portfolio compare to benchmarks or the market?
• What is the status of my private equity investments?
• How much liquidity do I have right now and where is it held? 
• What is the current value of my collectibles, and how have they appreciated over time? 
• What assets and accounts are being used as collateral? 
• What is my LTV ratio, and how sensitive is it to market changes?

Key features: 

• Get automated daily TWR, asset allocation, risk, and contribution analysis across capital pools
• Compare portfolio performance against major market indices and benchmarks, peer investment portfolios, and historical performance trends 
• Monitor illiquid investments with insights into direct private equity holdings, venture capital funds, committed vs. called capital, IRR, Multiple across dimensions like providers, sectors, etc. 
• Get aggregated cash positions across banks and custodians and short-term liquidity planning 
• Dedicated family office dashboard to track collectible assets such as art, watches, classic cars, rare wine and distilled spirits, along with insurance and valuation details 
• Track loans and securities, LTV ratio, weight, surplus, and sensitivity to price movements 
• Stay informed on over- or under-collateralisation risks

Accounting

Insights gained:

• What are my realised and unrealised gains or losses across my portfolio? 
• What dividends and interest have been paid out? 
• What are my recurring expenses, including fees and taxes? 

Key features: 

• Drill into realised/unrealised gains, income, and tax breakdowns
• Track fees, charges, and withholdings across accounts
• Transparency into recurring costs for better planning

Reconciliation & data integrity

Position & cash reconciliation

Insights gained:

• Are the reported transactions accurate? 
• Are there any inconsistencies in my financial data? 
• Do my cash movements match my cash balances? 
• Are there any missing or duplicated transactions? 

Key features: 

• Identify corporate actions and ensure data accuracy by checking for discrepancies between transactions and current holdings
• Automate cash balance verifications to identify missing transactions and detect duplicated cash flows

Performance & price reconciliation

Insights gained:

• Is my calculated investment performance accurate? 
• Are there any excessive movements and have they been correctly reflected in my portfolio? 
• Are my asset prices accurate? 

Key features: 

• Cross-check investment movements with cash activity 
• Validate reported performance metrics 
• Detect market pricing discrepancies for valuation accuracy 

Conclusion

A well-structured family office dashboard streamlines financial management, providing real-time insights across net worth, investments, cash flow, and reconciliation. By upgrading from manual spreadsheets to an integrated platform, you gain efficiency, accuracy, and better decision-making power over your family’s wealth.