Family office teams often tell us they have tried generative AI for meeting notes and report drafts, and are unsure what comes next. The usual instinct is to add another standalone tool. This short piece explains why AI built into the core platform does more for alternatives data, documents and portfolio analysis than a stack of separate apps, and how Masttro approaches it, so your office can weigh integrated AI against adding tools one by one.
We used AI tools to help gather research and speed up the first draft. That left more of our time for checking each figure against its original report and adding what we see in client conversations. A Masttro editor reviewed every claim, and members of our team read the article before it was published.
Key Takeaways
The Search for Efficiency
Using generative AI to summarize meetings and help write reports might feel like a useful start, but it hardly scratches the surface of its capabilities.
There certainly are more opportunities to drive operational efficiency with AI than ever before, with a host of singular-focused tools on the market.
But rather than search for the combination of individual AI-powered tools to complement their operations, family offices might consider where AI can enhance their core wealth management technology.
A Platform Built with AI in Mind
Leading wealth technology solutions have worked with AI for years - at Masttro, we hired our first AI engineer in 2019 and have consistently explored and incorporated its capabilities since.
Today, the Masttro platform has a suite of AI-powered features designed to solve the most critical pain points in modern wealth management.
From automated document collection and interpretation, to accurate alternative investment data extraction - even direct interaction with your data through natural language processing.
Fully Integrated, Not Bolted On
And rather than bolt-on solutions for family offices to add to their tech stack, these features are all fully integrated into Masttro’s platform, providing an end-to-end solution.
This means they’re part of the secure environment, protected by our military-grade security and encryption protocols.
Rather than be concerned with when AI will bring them benefits, family offices that use Masttro can already take advantage of the technology, enabling automation and streamlining of workflows.
“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?”
Five Dashboards Every Wealth Owner Needs
Explore the AI Opportunity
For family offices looking to build their understanding of how AI, we recently published a comprehensive outline that dives into its effects in wealth management.
Taking insight from experts that have advised wealth professionals on strategic decision-making around this topic, it explores high level risks and opportunities that AI poses for family offices.
We also explore the business impact AI is having, and outline some specific product developments in the AI space.
Download the eBook to learn how forward-thinking family offices are eliminating manual work, gaining real-time insights, and embracing a more secure, sophisticated experience.
"The adoption of AI and machine learning technology to enhance its reporting solution set it apart from the competition."
“Masttro has helped us significantly improve the mapping and visibility of our corporate structure.”
“I think Masttro has been a guide for how we can do better, of how we should organize ourselves. It has helped us understand where we’re standing today so we can look to the future.”
