Best tools for RIAs / Wealth Firms

Addepar

DetailsVisit site

Addepar is an enterprise wealth and investment management platform for RIAs, family offices, private banks, asset managers, and institutions that need multi-asset portfolio accounting, reporting, trading, client portals, alternatives workflows, APIs, and firm-wide data infrastructure. It is strongest as a professional portfolio system of record, not a self-serve retail research app, and pricing, modules, integrations, market data, and implementation scope are sales-led.

Envestnet Wealth Management Platform

DetailsVisit site

Envestnet Wealth Management Platform is an enterprise wealthtech ecosystem for RIAs, broker-dealers, banks, asset managers, and fintechs. It is useful when a firm needs advisor workflows across planning, proposals, trading, reporting, billing, client portals, data, APIs, and integrations rather than a self-directed investing app.

Masttro

DetailsVisit site

Masttro is an enterprise wealth operating system for UHNW families, single-family offices, multi-family offices, RIAs, private banks, and professional-services firms that need consolidated reporting across custodians, entities, currencies, alternatives, documents, compliance, client portals, and AI-assisted workflows. It is built for complex wealth operations, not self-directed retail portfolio tracking. Pricing is quote-based, fixed annual licensing rather than AUM-based, and evaluation normally requires a demo and implementation scoping.

Orion Advisor Tech

DetailsVisit site

Orion Advisor Tech is enterprise infrastructure for RIAs and wealth firms that need portfolio accounting, billing, reporting, tax-aware trading, CRM, planning, compliance, risk analytics, client portals, APIs, and data infrastructure under one operating stack. Public stack pricing starts in the five figures per year and module access depends on the selected Orion Stack or standalone products. It is not a self-serve portfolio tracker, consumer research app, discount broker, or low-cost tool for individual investors.

Sharesight

DetailsVisit site

Sharesight is a global portfolio, dividend, performance, and tax-reporting tracker for DIY investors, accountants, advisers, and family offices. It is built for keeping investment records and reports across brokers and asset types, not for placing trades, running intraday trading dashboards, or replacing a tax professional in complex filings.

SS&C Black Diamond Wealth Solutions

DetailsVisit site

SS&C Black Diamond Wealth Solutions is an enterprise wealth-management platform for RIAs, broker-dealers, family offices, banks, and trust teams that need portfolio accounting, performance reporting, client portals, billing, trading and rebalancing, data aggregation, APIs, compliance, alternatives, trust services, and modular operations support. It is strongest for advisory firms running complex client books, but pricing is sales-led and many capabilities are separately scoped modules rather than a lightweight retail portfolio app.

YCharts

DetailsVisit site

YCharts is an advisor- and asset-manager-focused investment research, portfolio analytics, proposal, reporting, and client-communication platform. It is strongest for professionals who need client-ready charts, comparison tables, model portfolios, portfolio optimization, scenarios, stress tests, Monte Carlo analysis, Excel workflows, proposal generation, and firm sharing controls. Public pricing is sales-led on the current plans page, with several datasets and modules represented as add-ons. YCharts is not built as a casual free screener, brokerage account, or low-cost consumer portfolio tracker.