Because of asset globalisation, the ultra-high-net-worth (UHNW) families have a plethora of choices to acquire individual investment solutions from around the world that meet their asset objectives.
Family offices provide wealthy families, also known as High Net Worth Individuals (HNWI´s), with a private wealth management team. These offices essentially ensure that the current and future generations are successful and grow their wealth sustainably by providing a wide range of benefits to the families involved. To ensure that the family has the right tools and resources to grow, family offices can offer budgeting, charitable giving, insurance, tax planning, and more. Depending on the needs and wishes of the clients, different types of family offices can emerge.
Women’s entrepreneurship in India has changed dramatically in recent years. The rises of the start-up culture, the digital revolution and globalization have greatly changed the number of female entrepreneurs.
According to the latest Global Family Offices Market Report by UBS, the global family office market was set to reach a value of USD 87.18 billion by 2022. Owing to the growing number of affluent families, it is projected to grow further at a CAGR of 7.5% between 2023 and 2028 to reach a value of USD 133.60 billion by 2028.
Family offices have evolved from traditional wealth management entities to dynamic organizations that provide a full range of services.
Altoo is delighted to be named among Forbes top software solution providers for family offices for a fourth year running.
The benefits of financial planning software for family offices are myriad, offering a clear way to track investments and assets. Here are just four ways family office management software can help.
If you want to understand your net worth, keeping track of your financial asset performance is essential. At times, this seems easier said than done, especially if you are a complex wealth owner. This is where investment management software comes in.

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