The best portfolio management software depends on your specific needs. Leading platforms include Addepar for portfolio management, Eton Solutions for comprehensive wealth management, and Masttro for multi-family offices. Consider factors like AUM size, reporting requirements, and integration needs.

Yes, portfolio management software is designed for different structures. Single family offices often use dedicated platforms like Black Diamond or Tamarac, while multi-family offices prefer scalable solutions like Addepar or AtlasFive that can handle multiple client relationships.

Family office software costs vary widely, from $10,000-$50,000 annually for basic platforms to $100,000+ for enterprise solutions. Pricing typically depends on assets under management, number of users, and feature requirements. Most vendors offer tiered pricing based on AUM.

Family office software provides technology infrastructure for data aggregation, reporting, and portfolio management, while wealth advisors provide human expertise and investment strategy. Most family offices use both - software for operations and advisors for strategy and relationship management.