Not every investment a family office holds is a partnership. Families own public portfolios, real estate, operating companies, cash, and private funds — and only some of that is fund-style partnership activity. That distinction is the whole difference between these two platforms.

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FundCount is partnership-accounting software. MyFO is the operating system for everything a family owns. For most family offices, MyFO does the job; FundCount covers the narrower case of accounting for a partnership.

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What FundCount does

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FundCount is accounting-first, with a general ledger built for partnership accounting: allocations, capital accounts, management fees, and investor statements. If your office runs a fund or pooled vehicle with outside investors and needs audit-grade partnership accounting, that is exactly what FundCount is for.

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What MyFO does

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MyFO is built around what every family office is made of: entities, assets and liabilities, stakeholders, and documents. On that foundation, it gives families a real-time view of net worth across every entity, asset class, and geography; data aggregation from thousands of bank and custodial sources; entity and ownership mapping for trusts, holding companies, and foundations; a structured document vault; task management; benchmarking; cash flow and net worth forecasting; and scenario modeling.

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It also tracks the private-market positions a family holds as an investor: capital calls, distributions, TVPI, DPI, and IRR  alongside everything else. AI structures incoming statements and documents, so onboarding takes weeks, not months.

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In short: FundCount does partnership accounting. MyFO does everything else a family office needs.

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Do family offices need a general ledger?

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Some do, most don't, we cover when it actually makes sense in our guide on whether family offices need a general ledger. When a family does need one, usually for partnership or fund accounting, MyFO doesn't try to replace it. We integrate with the system that fits best.

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Most of our clients use Juniper Square for partnership and LP management. MyFO pulls that data from the Juniper Square portal into the family's consolidated view, so the partnership accounting stays where it belongs, and the family still sees everything in one place.

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MyFO vs. FundCount at a glance

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The bottom line

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FundCount and MyFO aren't really competitors. FundCount does partnership accounting. MyFO does everything else a family office needs  and when partnership accounting is required, we integrate with the tool already handling it, like Juniper Square, and bring that data into the family's full picture.

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For most family offices, that's MyFO. Get in touch to see it across your entire family office.

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Frequently asked questions

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Is MyFO an accounting system? No. MyFO is a family office operating system. It aggregates and reports on the family's full balance sheet and integrates with partnership-accounting systems like Juniper Square rather than replacing them.

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Does every family office need a general ledger? Most don't. A GL matters mainly when you run partnership or fund accounting for outside investors. See our guide on whether family offices need a general ledger.

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Can MyFO track private equity and venture capital positions? Yes. MyFO tracks the LP positions a family holds as an investor: commitments, capital calls, and distributions, and calculates TVPI, DPI, and IRR alongside public holdings.

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Is FundCount only for fund managers? FundCount serves family offices, fund administrators, hedge funds, and private equity firms. Its strength is partnership accounting, which matters most for offices running pooled vehicles with outside investors.

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