New technology improves the user experience with new capabilities, empowering RIAs and family office managers to better service their UHNW clients
Masttro, the global leader in wealth tech solutions for family offices, RIAs, wealth managers and wealth owners themselves, announced the launch of its next-generation platform, setting a new standard for easier and more powerful wealth data management.
Our AI-powered platform is saving a tremendous amount of time and effort at family offices and wealth management institutions in giving wealth owners a comprehensive understanding of their portfolios and total net worth.
The platform upgrade comes at a time of rising global asset valuations and an increase in the complexity of estates as more wealth owners acquire illiquid alternative investments. Family offices and wealth managers responsible for record-keeping and reporting often have limited visibility into asset management and performance without significant manual data aggregation efforts. Adding to this challenge is the need to support the great generational wealth transfer – estimated at $84 trillion over the next two decades – to more tech-savvy owners expecting real-time, interactive views of their total wealth with a click of a button.
“Masttro is committed to continuously innovating and providing world-class technology that allows our customers to better service their UHNW clients,” said Padman Perumal, CEO of Masttro. “Our AI-powered platform is saving a tremendous amount of time and effort at family offices and wealth management institutions in giving wealth owners a comprehensive understanding of their portfolios and total net worth.”
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Masttro’s next-gen platform introduces a powerful component-based architecture that combines AI-driven automation with a user-centric design to meet the demands of modern wealth management:
- Real-Time Wealth Visualization: Aggregating liquid and illiquid assets, liabilities, and passion investments into a single interactive dashboard.
- AI-Powered Efficiency: Advanced document extraction and data aggregation eliminate manual processes, saving time and effort.
- Seamless Integration: A robust API enables Masttro’s data sets to integrate effortlessly with other systems, creating a streamlined ecosystem for wealth management.
- Customization & Branding: Intuitive controls allow firms to personalize the platform, strengthening client relationships with tailored experiences.
“Innovation is about seeing the possibilities others overlook and making them a reality,” said Domingo Viesca, co-founder and president of innovation at Masttro. “This platform exemplifies our commitment to redefining what’s possible in wealth management by putting our customers’ needs at the forefront.”
As the platform rollout continues, additional enhancements and new modules are set to launch in early 2025.
Masttro is the leading wealth tech platform that enables a full view of wealth. The platform provides a single source of accurate, full-picture data to give wealth owners and their trusted advisors ultimate control, transparency and peace of mind to make informed, data-driven decisions in real time. Masttro offers a total wealth overview covering all illiquid and liquid investments to liabilities and passion assets. It comes with a comprehensive suite of features including direct data aggregation and AI driven document data extraction to construct the basis for powerful interactive real time analysis and reporting needs – all protected by best-in-class cybersecurity architecture and data security protocols.
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