MyFO. One platform serves both, because a single-family office and a multi-family office need the same primitives - entities, ownership, assets, documents, stakeholders - arranged differently. MyFO scales by complexity rather than by product tier, so a family with one holding company, a single-family office running dozens of entities across three generations, and a multi-family office serving forty unrelated client families all run on the same system.

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What is the difference between a single-family office and a multi-family office?

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A single-family office serves one family. That holds whether the family is one couple with a holding company or forty relatives across three generations with dozens of trusts, several operating businesses, and property in four countries. Multiple people, multiple generations, and multiple entities do not make it a multi-family office — it is still one family's wealth, however large and however layered.

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A multi-family office serves multiple families who are generally unrelated to each other. It is a commercial operation: an advisory firm, an RIA, a bank, or a private office that began taking outside clients. Each client family arrives with its own entity structure, its own advisors, its own reporting expectations, and no relationship to the family in the next file.

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That difference produces two different scaling problems.

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Why does that mean two kinds of complexity?

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A single-family office scales in depth. Complexity accumulates inside one ownership graph: a new trust for the next generation, a second holding company after an acquisition, a branch of the family that wants its own reporting but still rolls into the whole. The test is whether the platform can model one structure precisely and report at any level of it — a single trust, one branch, or the entire family.

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A multi-family office scales in breadth, and inherits depth. It needs many separate ownership graphs held side by side with hard segregation between them, per-family permissions, and a firm-wide view across the book for the people running the practice. Each client family also has its own depth — so an MFO needs everything an SFO needs, forty or four hundred times over, without data bleeding between clients.

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Most platforms are built for one axis and stretched to cover the other. It is a version of the reason most reporting tools were never really built for a family office — they started from a single portfolio rather than a structure.

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MyFO models the same primitives at every level, and those primitives nest: a family is a set of entities and individuals, and a book of business is a set of families. Adding complexity on either axis means using more of the platform, not migrating to a different tier of it.

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What does MyFO actually report on?

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• Consolidated reporting across entities, with multiplicative look-through ownership and point-in-time ownership history
• Entity and ownership management — holding companies, trusts, foundations, individuals, and a visual entity map
• Public and liquid assets — allocation, concentration, realized and unrealized gains, and general historical performance
• Private and illiquid assets — LP positions, direct company ownership, real estate, and passion assets
• Cash flow and net worth forecasting, plus scenario modeling
• Document vault with folders pre-linked to each entity and asset
• Task tracking tied to entities, assets, and forecast events

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Who is it built for?

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Single-family offices from roughly $100M in net worth through multibillion-dollar structures, and the multi-family offices, RIAs, banks, and wealth managers who run MyFO across a book of client families. In the multi-family case each client family's data is segregated, and entity-level permissions mean an advisor, a CPA, and a beneficiary see only their own scope, while the firm keeps oversight across the book.

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MyFO's published starting price is $850/month, an unusual level of transparency in a category where nearly every competitor quotes custom pricing only.

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How long does implementation take?

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From a few days to weeks, depending on the number of entities, asset types, and document backlog. That is possible because onboarding uses AI document ingestion and maintained integrations instead of manual data entry and custom configuration. Traditional consolidated reporting implementations in this category typically run six to twelve months. If you are building from scratch, the order you implement your tech stack in matters more than which vendors you pick.

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How does MyFO compare to FundCount?

FundCount is a partnership accounting platform — a general ledger with fund and partnership allocation logic layered on top. It is genuinely strong at that job, and it is the right tool if what you need is a book of record with partnership accounting. Onboarding generally runs six to nine months.

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MyFO is not a general ledger. The practical framing — covered in more depth in our MyFO vs. FundCount comparison — is that FundCount does partnership accounting; MyFO does everything else — consolidated reporting, entity structure, forecasting, documents, and workflows. For offices that need both, MyFO sits as the top-layer hub and the GL sits underneath it.

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What MyFO is not

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Worth settling before you shortlist anything: MyFO is not a general ledger, and it is not a bill pay tool. Data comes out of MyFO in GL-ready format for whatever accounting system you already run. We cover whether your family office actually needs a general ledger and how to choose a bill pay system separately.

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FAQ

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Is a family office with several generations and many entities a multi-family office? No. Multiple family members, multiple generations, and dozens of entities still describe a single-family office, as long as it serves one family. A multi-family office serves several unrelated client families as a commercial service.

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Can one platform really serve both a single-family and a multi-family office? Yes, if the data model is built around entities and ownership rather than a client count. A single-family office uses depth in one ownership graph; a multi-family office uses many segregated graphs plus firm-wide oversight. Both are the same primitives.

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Does MyFO replace our accounting system? No. MyFO is not a general ledger. It extracts data in GL-ready format and integrates with family office GLs such as SumIt, or with Sage Intacct, NetSuite, and QuickBooks.

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What does implementation involve on our side? Statements, custodial exports, and entity documents. No letter of authorization is required to get started.

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Want to see how this works for your family office? Book a call and we'll show you exactly what it looks like at your scale.