Masttro vs. Addepar

Masttro runs the family office.
Addepar reports on portfolios.

Family offices and advisors to UHNW individuals need a platform that goes beyond reporting. Complex estates, alternatives, and multi-entity structures demand it.

What does it take to manage and report on complex wealth?

A platform that your team can actually operate.

Some wealth-management platforms cannot be operated without hiring a dedicated specialist or investing in extensive training. Masttro is built to be used by the entire team, including principals, clients, advisors, and operators.

Clarity and control for the wealth owner.

Most reporting software isn’t built to meet the needs of wealth owners. Masttro is built to give wealth owners and the teams serving them continuous, convenient access to deep financial data and reports.

Costs that don't scale up with your AUM.

AUM-based pricing creates competing incentives. The platform's cost rises with your AUM, regardless of whether it delivers more value. Masttro charges a flat annual subscription that is not determined by AUM.

Masttro vs Addepar feature for feature

Family offices and advisors seeking to understand and manage complex wealth using a single platform should know the full list of features available through vendors like Masttro and Addepar.

	With Masttro	Addepar
Built for	The whole office. Used directly by principals, clients, operators, and advisors, including on mobile.	Investment professionals and trained power users. Most teams rely on one or two specialists to operate it.
Pricing	Flat annual subscription. Cost does not scale with AUM.	AUM-based pricing. Some clients may also require additional consultants or managed service providers.
Time to go live	Typically 12 to 14 weeks, with dedicated onboarding team.	Often a multi-month implementation and onboarding process.
Alternatives	AI model ingests and processes capital calls, distributions, valuations, and K1s natively.	Captures alternatives at the line-item level. Deeper data handled manually or with add-on tools.
AI	Masttro Intelligence lets the team prompt the portfolio and generate custom reports using plain language.	AI is designed for use by analysts with limited capabilities for wealth owners.
Wealth & estate visibility	Global Wealth Map shows entities, accounts, alternatives, and ownership structures in one complete view.	Strong portfolio-level reporting. Estate-level views typically require additional tools or add-ons.
Data privacy	Swiss-hosted servers in tier 4 data center. Even Masttro employees cannot access client data.	Client data is aggregated to power Addepar's own benchmarking and research products; AUM on platform is reported publicly.
Custodial connections	750+ direct custodian connections globally. No third-party aggregators or screen scrapers..	Direct connections to major US custodians. Third-party aggregators commonly used for non-US and smaller custodians.

Built for

With Masttro

The whole office. Used directly by principals, clients, operators, and advisors, including on mobile.

With Addepar

Investment professionals and trained power users. Most teams rely on one or two specialists to operate it.

Pricing

With Masttro

Flat annual subscription. Cost does not scale with AUM.

With Addepar

AUM-based pricing. Some clients may also require additional consultants or managed service providers.

Time to go live

With Masttro

Typically 12 to 14 weeks.

With Addepar

Often a multi-month implementation and onboarding process.

Alternatives

With Masttro

AI model ingests and processes capital calls, distributions, valuations, and K1s natively.

With Addepar

Captures alternatives at the line-item level. Deeper data handled manually or with add-on tools.

AI

With Masttro

Masttro Intelligence lets the team prompt the portfolio and generate reports using plain language.

With Addepar

AI is designed for use by analysts with limited capabilities for wealth owners.

Wealth & Estate Visibility

With Masttro

Global Wealth Map shows entities, accounts, alternatives, and ownership structures in one complete view.

With Addepar

Strong portfolio-level reporting. Estate-level views typically require additional tools or add-ons.

Data privacy

With Masttro

Swiss-hosted servers in tier 4 data center. Even Masttro employees cannot access client data.

With Addepar

Client data is aggregated to power Addepar's own benchmarking and research products; AUM on platform is reported publicly.

Custodial connections

With Masttro

750+ direct custodian connections. No third-party aggregators.

With Addepar

Direct connections to major US custodians. Third-party aggregators commonly used for non-US and smaller custodians.

Get tomorrow's competitive edge today

Tell us about your business and we’ll build you a solution.

“We chose Masttro because we were priced out by other solutions, which would’ve been at least double the cost. We didn’t want to be charged on our AUM as it is not in line with our own pricing model.”

Saul Dyne, Operations, Stonebridge Family Office

“Masttro allows us to answer all the different questions from the owner’s perspective. What assets do I have? Where do I have them? Who knows about this information and who is in charge of it.”

Alejandro Bazua, Founder, Single Family Office

“Masttro has been very helpful in helping aggregate all of our assets and create a good picture of what our returns have been.”

Sergio Guerrero, Founder, Multi-Family Office

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Why choose Masttro?

400

Clients across family offices, RIAs, and institutions

Countries Where Masttro Has Clients

750

Direct Custodian Feeds

End-users

How we help you switch from Addepar

Switching to Masttro doesn’t mean starting over.

Experience a migration that respects how your office actually operates — with named teams, a clear cutover plan, and AI that imports and surfaces data in exactly the format you need.

Step-by-step migration with no surprises

We map your setup, sequence the cutover, and assign clear ownership on both sides. Day-to-day operations keep running while we work.

Named onboarding and customer success teams

Post-implementation, we stay close with dedicated follow-ups and regular bumore workflows, and surface new value. You’re not just switching systems—you’re gaining a long-term operating partner.

Built-in AI that flattens the learning curve

AI tools handle document and data ingestion automatically. Your team starts with clean, usable data instead of a backlog of manual work.

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Schedule an intro

Book a demo to see why over 400 leading family offices in 40+ countries choose Masttro:

750+ custodial connections for a complete view of wealth, with no blind spots.
Automated data and document ingestion that eliminates manual collection and reconciliation.
Built for complexity, with one secure system for assets, entities, and reporting.
Fixed pricing, not AUM-based, so growth does not trigger higher platform costs or hidden fees.

Frequently asked questions

This comparison is prepared by Masttro. Masttro is not affiliated with, and this content is not endorsed or sponsored by other providers mentioned in this article. All trademarks are the property of their respective owners.