7 Masttro Alternatives for the Modern Family Office

Family office technology has changed a lot over the last few years. What worked in 2020 just doesn’t cut it anymore (much less decade-old solutions). Today’s single-family offices need automation that eliminates manual work, reporting they can customize without tech support, and software that doesn’t require ebook-sized documentation to operate.

Masttro has earned its place in the family office space with solid global capabilities and wealth mapping features. However, many SFOs are finding some frustrating gaps. The platform can feel overly complex for everyday tasks, automation often requires manual workarounds, and the onboarding experience tends to stretch way longer than anyone wants.

When you’re managing hundreds of millions in assets, generating a simple performance report shouldn’t feel like solving calculus. You want software that family members can actually use without wanting to give up and go back to basic spreadsheets.

Modern family offices need platforms that prioritize usability, comprehensive alternative asset support, and genuine automation. They want wealth tech that makes their lives easier (not more complicated).

This guide breaks down seven recommended Masttro alternatives that deliver what today’s family offices actually need.

What to Look for in a Masttro Competitor or Alternative

Some features simplify your life, while others just get in the way. Here’s what you really need to consider when you start looking for an adequate Masttro alternative:

• Automated data aggregation: Your platform should pull information from custodians, banks, and alternative investments without manual fixes or workarounds—whether that’s liquid investments, illiquid investments, or simply passion assets.
• Customizable reporting and dashboards: Look for platforms where you can modify reports, find financial statements, customize dashboards yourself.
• Multi-entity and alternative asset support: The platform should handle private equity, real estate, and complex ownership structures.
• Workflow and deal tracking: Important for managing the operational side of family office investing—from due diligence through ongoing monitoring.
• Ownership visualization: Your software should provide visibility across entities and ownership structures to make estate planning easier.
• Modern, easy-to-learn interfaces: If family members won’t use the platform because it’s confusing or outdated, it’s a waste of an investment.
• Flexible pricing models: Look for fixed-fee or tiered pricing that grows with your needs
• Dedicated onboarding and support for family offices: You want partners who understand your specific challenges instead of generic enterprise customer service teams.

7 Masttro Competitors and Alternatives in 2025

1. Asora (Editor’s Choice)

If you’re looking for comprehensive wealth management without the operational headaches, Asora provides an alternative that’s built specifically for modern family offices. The platform focuses on automation that actually works, intuitive interfaces, and quick implementation designed around how family offices really operate. It’s all about giving you the data you need to make better informed decisions.

Features:

• Automated data aggregation across banks and custodians
• Dashboards that provide timely information with customizable family and entity views
• Single source of truth for property, private equity, and collectibles tracking
• Deal pipeline tracking
• Ownership structure management with look-through visibility
• Multi-currency reporting
• Simple UI/UX for better navigation
• Workflow support and secure document management
• Native mobile applications that allow users to access net worth on the go

Pricing: Starting $900/month. Scales with portfolio size, and offers unlimited users and bank account connections.

Pros:

• Purpose-built for single family offices
• Delivers value in 4 weeks
• Intuitive interface requiring minimal training
• Transparent pricing with no hidden fees
• High-touch onboarding and responsive customer support
• Native mobile app available on iOS and Android

Cons:

• Newer platform with a shorter track record
• May lack specific enterprise features for the largest offices
• Limited institutional capabilities
• No advanced risk analytics yet

2. 1fs Wealth

1fs Wealth provides family offices and investment professionals with a European-focused alternative that focuses on multi-jurisdictional wealth management and regulatory compliance. The platform is a smart fit for international families that want advanced reporting across complex cross-border structures.

Features:

• Multi-jurisdictional wealth consolidation and reporting
• Alternative investment tracking with international capabilities
• Multi-currency accounting and performance measurement
• Secure document management with European privacy standards

Pricing: Custom pricing based on assets under management and jurisdictional complexity.

Pros:

• Strong European market expertise and regulatory knowledge
• Advanced international wealth management features
• Comprehensive multi-currency and cross-border reporting
• Good alternative investment tracking for European markets
• Real-time insights into sustainability and carbon impact

Cons:

• Smaller presence outside European markets
• Complex implementation and long onboarding

3. Aquilance

Aquilance focuses on streamlining complex operations for financial advisors. It’s designed for family offices who want comprehensive wealth management without feeling like they need a certification to use it. The platform prioritizes user experience while still delivering the oversight capabilities that serious family offices need to improve financial decision making.

Features:

• Streamlined account aggregation and performance tracking
• User-friendly dashboards with customizable reporting options
• Alternative investment management and monitoring tools
• Multi-entity accounting with simplified ownership tracking
• Workflow automation for routine family office tasks
• Personal bookkeeping and bill payment services

Pricing: Subscription-based pricing model with tiered feature sets.

Pros:

• Emphasis on user experience and operational simplicity
• Good balance of functionality without overwhelming complexity
• Responsive customer support and implementation assistance
• Modern interface design with intuitive navigation

Cons:

• Limited brand recognition
• May lack advanced features required by larger family offices

4. Aleta

Aleta targets family offices who love deep diving into investment analytics and want top-level performance measurement tools. If you’re the type of family office that enjoys granular analysis and detailed attribution reporting, the company’s platform delivers financial-institution-grade analytics in a family-office-friendly package.

Features:

• Advanced investment analytics and performance attribution
• Comprehensive investment portfolio management across asset classes
• Alternative investment tracking with detailed reporting
• Multi-entity structure support and consolidation
• Risk management tools and compliance monitoring

Pricing: Asset-based pricing model with custom quotes for complex structures.

Pros:

• Sophisticated analytical capabilities and performance measurement
• Comprehensive investment management functionality
• Good alternative investment tracking and reporting
• Strong focus on detailed analytics and insights

Cons:

• Platform complexity requires substantial user training
• Less established than competitors

5. Altoo

Altoo specializes in international complexity for wealthy European families managing assets across multiple countries. The Altoo wealth platform handles multi-jurisdictional reporting and European regulatory requirements.

Features:

• European-focused wealth consolidation with international capabilities
• Multi-jurisdictional regulatory compliance and reporting tools
• Advanced portfolio analytics with European market expertise
• Secure document management with European privacy standards
• Multi-currency investment tracking and performance measurement

Pricing: Custom pricing based on assets under management and jurisdictional requirements.

Pros:

• Strong European market expertise and regulatory knowledge
• Sophisticated international wealth management capabilities
• Comprehensive alternative investment tracking and reporting
• Data security features designed for European privacy requirements

Cons:

• Long, demanding onboarding time
• Expensive for small family offices
• User interface may feel traditional compared to modern platforms

6. Addepar

Addepar built its industry reputation on handling massive scale and complex structures. It’s definitely comprehensive and battle-tested, but many family offices find themselves paying for enterprise-grade complexity when they really just need reliable wealth oversight.

Features:

• Extensive data aggregation from thousands of custodians and platforms
• Advanced investment performance analytics and benchmarking resources
• Comprehensive alternative investment tracking and reporting capabilities
• Multi-entity investment accounting with complex ownership structures
• Customizable investment dashboards with API access for integrations

Pricing: Fixed fee pricing up to a certain AUM threshold, after which pricing becomes AUM-based; typically starts in the mid-five figures annually and scales with assets and features.

Pros:

• Market-leading custodian connectivity and accurate data aggregation
• Sophisticated investment analytics and comprehensive reporting features
• Strong alternative investment management and tracking tools
• Established track record with large family offices and institutions

Cons:

• Complicated implementation
• Interface complexity
• Overkill for many single-family office needs
• Can be expensive depending on the size of the family office

7. Copia Wealth Studios

Copia Wealth Studios brings artificial intelligence (AI) automation to family office operations. The business focuses on eliminating the tedious data entry work that bogs down most family office teams too busy with manually processing investment documents and capital call notices.

Features:

• AI-powered document processing for investment statements and capital calls
• Multi-custodian investment aggregation with automated reconciliation capabilities
• Private investment workflow automation and comprehensive tracking tools
• Tiered pricing structure with scalable feature sets for different needs
• Secure collaboration tools and customizable reporting dashboards

Pricing: Monthly subscriptions from $895 to $6,550 depending on automation level and features.

Pros:

• Strong AI automation significantly reduces manual financial data entry requirements
• Flexible pricing allows families to scale features based on actual needs
• Modern interface with focus on operational efficiency and user experience
• Responsive development team regularly adding new features and capabilities

Cons:

• Some advanced features still in development phase
• Steeper learning curve for non-technical users

How to Evaluate Masttro Alternatives for Your Family Office

Family offices have operational needs that generic wealth platforms don’t understand. Here are the differences that matter:

• Does the automation actually eliminate manual work, or does it just promise to? 
• Can it handle your alternative investments?
• How customizable is the reporting without needing technical support every time you want to tweak something?
• What’s the real implementation timeline, and what kind of support do you get once the onboarding period ends? 
• Will it integrate with your existing accounting and tax systems, or create more operational silos?
• Will family members actually use it, or will it become another expensive dashboard that sits unused?

Look for platforms that prioritize usability over features. You also need transparent pricing that makes sense for your operation and support from teams who understand family office challenges.

The Right Masttro Alternative for Modern Family Offices

Masttro is a great wealth management software, but many SFOs need platforms built for today’s operational realities. Manual workarounds, complex interfaces, and lengthy implementations that worked five years ago feel frustrating (and time-consuming) when you’re managing dynamic wealth structures and ever-demanding family expectations.

Modern family offices need software that prioritizes automation over complexity, user experience over enterprise features, and partnership over vendor relationships. You want platforms that eliminate manual work instead of creating more, provide real-time insights without technical expertise, and offer transparent pricing that grows with your needs.

Asora is purpose-built for today’s single family offices and ultra-high-net-worth wealth owners. It provides the automation and intuitive design that family members need to better manage their wealth.

Request a personalized demo and see why forward-thinking family offices choose Asora for their next-generation wealth management needs.

FAQs about Masttro Competitors for Family Offices