Leading Portfolio Management Software for Family Offices

Running a family office in 2025 without proper portfolio management software feels impossible. That’s because it’s the equivalent of figuring out your taxes with pen, paper, and long division.

If you’re managing millions or more across multiple entities, custodians, and asset classes, you know the routine. Monday morning means logging into seventeen different portals, downloading PDFs from several custodians, and copy/pasting numbers into static spreadsheets. 

And by the time you’ve compiled everything into something resembling a report for financial decisions, the numbers are practically outdated.

Twenty years ago, most wealthy families could get by with a few bank accounts and some traditional investments. But today’s ultra-high-net-worth families are dealing with private equity commitments, direct real estate holdings, alternative investments, complex trust structures, and complex multi-generational ownership. 

Yesterday’s spreadsheet approach just doesn’t cut it anymore.

Fortunately, there’s a better way. Specialized family office portfolio management software (yes, it’s a mouthful) are designed for the exact challenges you’re up against: multi-entity reporting, private asset tracking, complex ownership structures, and the security requirements that come with managing major wealth.

However, not every solution is created equal. Below, we’ll walk you through everything you need to know to choose the right portfolio management software for your family office. You’ll learn what features actually matter, review recommended platforms (including pricing and pros/cons), and understand why making the switch from manual processes could be the smartest operational decision you make this year.

What Is Portfolio Management Software for Family Offices?

Family office portfolio management software is a specialized platform that consolidates wealth data across multiple entities, custodians, and asset classes into a single system. It automates data collection, tracks performance across both liquid and illiquid assets, and generates customized reports for different stakeholders within the family office structure.

Generic wealth management tools were built for individual investors, but the right family office software handles the complexity that comes with various financial activities :

• Managing dozens of legal entities
• Tracking private equity commitments alongside liquid investments
• Providing different levels of access to family members, trustees, and family office professionals

These are new tools for today’s new problems. Ten years ago, most family offices could get by on Excel spreadsheets and manual data entry. Today’s cloud-based platforms automatically pull data from banks and custodians, use AI to process private asset documents, and provide digital on demand reporting with real-time dashboards accessible from mobile devices.

Ultimately, family office portfolio management software is built for scale and complexity. Retail investment apps might track a few accounts, but family office platforms manage multi-generational wealth structures with hundreds of holdings across different currencies, jurisdictions, and asset classes. They’re built for teams that need collaborative access, reliable audit trails, and security standards that come with managing institutional-level wealth.

This is about more than just convenience (though, that’s important, too)—it’s about having accurate, timely data to make million-dollar decisions with confidence.

Unique Portfolio Management Needs of Family Offices

With great wealth comes great responsibility. Sure, it’s a good problem to have, but that doesn’t make the task any easier to deal with. Family offices have specific needs that require purpose-built solutions:

• Multi-entity and multi-custodian reporting: You’re not just tracking one portfolio. You’re managing assets across legal entities, trusts, and holding companies. Each entity might have accounts at different custodians, and you need to see both the individual entity performance and the consolidated family view.
• Complex ownership and trust structures: Family wealth tends to involve complicated ownership chains, where Entity A owns 60% of Entity B, which owns 40% of the operating company. Your software needs to calculate look-through ownership and provide transparency on who ultimately owns what.
• Private and illiquid asset tracking: Unlike retail investors, family offices typically have major allocations to private equity, direct real estate, collectibles, and other alternatives. These don’t have daily pricing numbers and require different performance calculations and document management.
• Automation to eliminate manual Excel work: Family office teams are small but manage large amounts of data. You need platforms that automatically aggregate information, reconcile discrepancies, and update valuations without constant manual intervention.
• Better security and privacy requirements: You need security that goes beyond basic password protection. Managing family wealth requires institutional-grade security, detailed audit trails, and the ability to control exactly who can access what information.
• Customizable dashboards for different stakeholders: One size never fits all. The principal wants a high-level net worth summary, the investment team needs detailed performance analytics, and the accountant requires transaction-level detail. 

Key Features to Look for in Software Solutions

Software solutions sometimes take the more is better feature approach, but that can be overwhelming (and unnecessary) for family offices. You need the must-have features that enable effective portfolio analysis and separate basic wealth tracking tools from platforms built for serious family office operations:

• Data aggregation across all accounts and asset classes: Your platform should automatically connect to banks, custodians, and investment accounts to pull in daily positions and transactions (across multiple currencies).
• Performance reporting for both liquid and illiquid investments: You need internal rate of return (IRR) and multiple on invested capital (MOIC) calculations for private investments beside time-weighted returns for liquid holdings. The software should handle capital calls, distributions, and different valuation methodologies without manual workarounds.
• Private and illiquid asset support: Choose a platform that manages commitment schedules, capital call predictions, document storage, and investor reporting for alternatives.
• Secure document management: Your platform should serve as a central repository for investment documents, operating agreements, and sensitive family information.
• Workflow automation and task management: Family offices negotiate multiple deadlines, capital calls, and reporting requirements. Your software should automate routine tasks and provide alerts for upcoming obligations.
• Multi-entity and multi-currency support: The platform should handle currency conversions, consolidated reporting, and unification across legal structures.
• Customizable dashboards and user roles: Different stakeholders need different views. Your platform should accommodate power users without overwhelming more casual (though no less important) users.
• Mobile access for on-demand reporting: Family members and decision-makers need secure access to portfolio information from anywhere. Look for native mobile apps (not just responsive web interfaces).
• Enterprise-grade security and compliance: Standards should include ISO 27001 certification, GDPR compliance, and SOC 2 Type II reports. You’ll also want detailed audit trails and access controls.

14 Family Office Portfolio Management Software Options in 2025

1. Asora

Asora is designed for single and multi-family offices managing $30M-$1B+ in assets. It’s built for next-generation family members and newly established family offices who want to modernize from spreadsheet-based processes. Asora’s software provides a clean, intuitive platform without the complexity of enterprise-grade solutions.

Features:

• Comprehensive data aggregation across banks and custodians
• Real-time performance monitoring with IRR and TWR calculations
• Private asset tracking with document management
• Signature Wealth Map that visualizes complex wealth  structures
• Mobile apps for iOS and Android
• Multi-currency support and automated reconciliation
• Deal pipeline and task management

Pricing: $900/mo for <$30m in tracked assets (scaling up or down based on asset levels). Includes access to all features, unlimited users, and limitless bank connections.

2. Altoo

Altoo targets European ultra-high-net-worth families and single-family offices with complex international structures and multi-jurisdictional reporting needs. The platform is popular with families that need advanced wealth consolidation with strong European regulatory compliance.

Features:

• Multi-bank and multi-custodian data aggregation
• Advanced portfolio analytics and performance reporting
• Alternative investment tracking and valuation
• Multi-currency and multi-jurisdiction support
• Secure document vault with collaboration tools
• Risk management and asset allocation monitoring
• White-label options for family offices serving multiple families

3. Black Diamond (SS&C)

Black Diamond (by SS&C) serves RIAs, multi-family offices, and wealth management firms that need portfolio management with strong reporting. It’s designed for organizations that prioritize detailed performance analytics and have dedicated operations teams to manage the platform.

Features:

• Portfolio management and rebalancing tools
• Comprehensive performance reporting and analytics
• Client portal and document management
• Billing and fee calculation automation
• Custodian integrations and trade order management
• Risk analysis and asset allocation tools
• CRM integration capabilities

4. Burgiss

Burgiss (now part of MSCI) specializes in alternative investment data and analytics. It’s made for family offices with significant allocations to private equity, venture capital, and other illiquid investments. It’s designed for experienced investors who need deep alternatives analytics and benchmarking.

Features:

• Comprehensive private markets data and analytics
• Alternative investment performance benchmarking
• Cash flow modeling and capital call tracking
• Due diligence tools and manager research
• Portfolio construction and allocation analysis
• Risk analytics for private market investments
• Integration capabilities with portfolio management systems

5. Copia Wealth Studios

Copia Wealth Studios serves single-family offices and ultra-high-net-worth families that need all-in-one wealth management with strong alternative investment functionality. The platform is designed for families who want institutional-grade analytics combined with family office-specific workflow management.

Features:

• Multi-custodian data aggregation and reconciliation
• Alternative investment tracking and performance analysis
• Custom reporting and dashboard creation
• Document management and secure file sharing
• Workflow automation and task management
• Multi-entity and trust structure support
• Mobile access and real-time notifications

6. d1g1t

d1g1t serves family offices and wealth management firms looking for cloud-based portfolio management (with strong emphasis on data visualization and reporting). The platform targets mid-sized family offices that need comprehensive features without the complexity of enterprise-grade solutions.

Features:

• Portfolio management and performance reporting
• Multi-custodian data aggregation
• Alternative investment tracking and analytics
• Customizable dashboards and reporting tools
• Risk management and compliance monitoring
• Client portal with secure document sharing
• Multi-currency and multi-entity support

7. Dynamo

Dynamo focuses on alternative investment management. It serves family offices, fund of funds, and institutional investors with major private market allocations. The platform best fits organizations that need advanced alternatives tracking, due diligence capabilities, and investor relations management.

Features:

• Alternative investment lifecycle management
• Due diligence workflow and document management
• Capital call and distribution tracking
• Investor relations and reporting tools
• Performance analytics for private markets
• Portfolio construction and allocation analysis
• Integration capabilities with accounting systems

8. Landytech

Landytech serves private banks, wealth managers, and family offices across Europe and Asia. It focuses on comprehensive wealth management technology with strong regulatory compliance. The platform suits multi-jurisdictional family offices that need advanced reporting and compliance features.

Features:

• Multi-custodian portfolio management and reporting
• Alternative investment tracking and valuation
• Regulatory reporting and compliance monitoring
• Multi-currency and cross-border functionality
• Risk management and asset allocation tools
• Client onboarding and KYC workflows
• Integration with banking and custody systems

9. Masttro

Masttro targets family offices and wealth management firms that need portfolio management with alternative investment features. The platform is designed for experienced investors who need detailed analytics, reporting, and operational workflow management across complex wealth structures.

Features:

• Multi-custodian data aggregation and reconciliation
• Alternative investment tracking and performance analytics
• Comprehensive reporting and dashboard customization
• Document management and secure collaboration tools
• Workflow automation and task management
• Multi-entity and multi-currency support
• Risk management and compliance monitoring

10. Osyte

Osyte serves family offices and private wealth managers with a focus on operational efficiency and wealth tracking. The platform targets organizations that want to streamline operations while maintaining granular oversight of complex investment structures.

Features:

• Portfolio management and performance reporting
• Multi-custodian data integration
• Alternative investment tracking and analytics
• Document management and secure storage
• Workflow automation and operational tools
• Multi-entity reporting and consolidation
• Customizable dashboards and user interfaces

11. Private Wealth Systems

Private Wealth Systems serves family offices, trust companies, financial advisors, and wealth management firms. Its primary offerings are comprehensive portfolio management and reporting. The platform is intended for organizations managing complex trust structures and multi-generational wealth.

Features:

• Portfolio management and performance analytics
• Trust and estate management tools
• Multi-custodian data aggregation
• Alternative investment tracking and reporting
• Document management and secure collaboration
• Compliance monitoring and regulatory reporting
• Multi-entity and beneficiary tracking

12. QPLIX

QPLIX is designed for asset managers, family offices, and institutional investors with end-to-end portfolio management and risk analytics. The platform provides detailed performance attribution, risk management, and regulatory reporting.

Features:

• Advanced portfolio analytics and performance attribution
• Risk management and stress testing tools
• Multi-asset class performance reporting
• Regulatory reporting and compliance monitoring
• Alternative investment tracking and analytics
• Multi-currency and multi-entity support
• Custom reporting and dashboard creation

13. Solovis

Solovis (acquired by Nasdaq) targets institutional investors, family offices, and asset managers. It provides alternative investment management and reporting functionality. The platform works for organizations with major private market allocations that need advanced analytics and operational workflow management.

Features:

• Alternative investment lifecycle management
• Performance analytics and benchmarking for private markets
• Capital call and distribution tracking
• Document management and secure collaboration
• Portfolio construction and allocation analysis
• Risk analytics and stress testing
• Integration with accounting and ERP systems

14. Venn by Two Sigma

Venn by Two Sigma provides advanced portfolio analytics, risk management, and quantitative research features for institutional investors and experienced family offices. The platform uses Two Sigma’s quantitative expertise to provide institutional-grade analytics and modeling tools.

Features:

• Advanced portfolio analytics and risk modeling
• Quantitative research and factor analysis
• Multi-asset class performance attribution
• Stress testing and scenario analysis
• Alternative investment analytics
• Custom reporting and visualization tools
• API access for advanced integrations

The Benefits of Moving Beyond Spreadsheets

Excel feels safe because it’s familiar, but managing a family fortune with spreadsheets is like trimming a football field with scissors. Sure, it’s technically possible, but there’s a much better way. 

With the right software, you get real-time dashboards that show everything instantly without losing entire weekends to data entry. When that hot investment opportunity comes up on Friday afternoon, you can make immediate data-backed decisions instead of waiting until you update your spreadsheets.

Manual data entry can create massive problems. One misplaced decimal in Excel and suddenly your $50 million real estate holding shows up as $5 million. Professional platforms catch these errors automatically and keep detailed records of who changed what, when.

Plus, sending sensitive financial data via email is an open invitation to bad actors. Modern family office software uses the same security that protects banks, so your information stays locked down tight.

Real-World Success Stories & Use Cases

Real-world results speak louder than any features or pros and cons list. 

1. For example, take Omnia Capital Partners (a multi-family office in Sydney). They were drowning in manual reporting processes. Before Asora, they spent three weeks compiling client reports that were outdated by the time they hit inboxes. Now, they’ve cut email file sharing by over 50% and have real-time data always ready.
2. Then, there’s Capstone Family Office in Scotland, who went from spending days on reporting to getting everything done in under 10 minutes. Donald Campbell, their partner, sums it up perfectly: “Having accurate and up-to-date information has allowed us to be more proactive—identifying risks and opportunities earlier and making faster decisions.”
3. Another example: Bardfour Family Office is actively restructuring ownership across entities. Asora’s Wealth Map provides a clear view of who owns what, making it easier to move assets into the right structures and guide estate planning discussions.

Conclusion: Modernizing Your Family Office

Managing your wealth with spreadsheets and manual processes is inefficient, but it’s also risky and outdated. Modern family offices need platforms that can handle multi-entity structures by automating financial data capture and providing real-time insights (without requiring a dedicated IT team).

Asora is the leading choice for family offices looking for that perfect balance: sophisticated enough to handle complex wealth structures, yet intuitive enough that everyone from principals to operations staff can use it. 

The platform’s focus on automation, security, and user experience makes it the perfect fit for families ready to modernize their wealth management approach.

Stop wrestling with spreadsheets and start making informed decisions with current data. See how Asora can transform your family office operations.

Schedule a demo with our team.

FAQs on Family Office Portfolio Management Software