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Quick Answer
MyFO is the better choice for family offices looking for a complete operating system that connects wealth reporting with entities, liabilities, documents, forecasting and workflows. Masttro is a strong choice for family offices primarily focused aggregation and has one primary stakeholder.
Both platforms were designed specifically for complex family wealth.
The biggest difference is scope.
Masttro's center of gravity is consolidated wealth visibility. MyFO's center of gravity is managing the broader family office from one connected data model.
MyFO vs. Masttro at a Glance
What Masttro Does Well
Its current platform emphasizes:
- Wealth aggregation
- Public and private assets
- Multi-entity ownership
- Direct custodian feeds
- Alternative-investment tracking
- Principal-facing wealth visibility
Source: Masttro Family Office Software
For a principal whose primary objective is seeing all of its wealth clearly in one secure system, that is a strong proposition.
What MyFO Does Differently
MyFO is built as a family office operating system.
Instead of stopping at consolidated wealth, it connects:
Entities → Assets & Liabilities → Stakeholders → Documents → Forecasts → Tasks → Reporting
That distinction becomes important once the family office wants to move from:
"What do we own?"
to:
"What do we need to do next?"
Entity Management
Both platforms address complex family ownership.
MyFO's entity model is particularly valuable because entities are not merely a reporting dimension.
They connect to:
- Assets
- Liabilities
- Stakeholders
- Documents
- Tasks
- Ownership
- Forecasts
The entity structure therefore functions as part of the operational model of the family office.
Private Investments
Both platforms support private wealth.
Masttro says it currently tracks alternative investments.
MyFO combines private investment information with documents and future liquidity.
A capital call can affect:
- Investment records
- Unfunded commitments
- Documents
- Cash forecasts
- Tasks
That connected workflow is where MyFO's operating-system approach becomes especially useful.
Forecasting and Scenario Planning
This is one of MyFO's key differentiators.
Family offices can move beyond historical reporting to ask questions such as:
- What capital calls are expected?
- What happens to liquidity?
- What if we purchase another property?
- What if we sell an operating company?
- What if we increase private-market commitments?
The platform can model those decisions against the family's actual balance sheet.
Implementation
Masttro currently states a deployment timeframe of approximately 12–14 weeks.
MyFO currently describes typical onboarding as approximately 2–6 weeks.
Actual implementation times depend on the complexity and quality of a family's data.
Pricing
MyFO publishes a starting price of approximately $850/month.
Masttro does not provide a simple public starting price on its primary family-office product page and should be contacted for a current proposal.
Which Should You Choose?
Choose Masttro if:
- Consolidated family wealth visibility is your primary problem.
- Direct data connectivity is especially important.
- You value a mature family-office-specific wealth aggregation platform.
Choose MyFO if:
- You need wealth reporting and operations.
- Forecasting and scenario planning matter.
- Documents should connect directly to assets and entities.
- Tasks and workflows should live alongside financial data.
- You need liabilities and the complete family balance sheet.
- You want to onboard quickly.
- You prefer transparent entry pricing.
The Bottom Line
Masttro and MyFO address many of the same underlying family-office problems but approach them from different directions.
Masttro is primarily a total-wealth visibility platform.
MyFO is a family-office operating system.
If your goal is principally to consolidate wealth and deliver secure family reporting, Masttro deserves consideration.
If you want the system to connect reporting with entities, planning, documents and day-to-day family-office work, MyFO is the stronger overall choice.
Frequently Asked Questions
Is Masttro a family office platform?
Yes. Masttro was built specifically for family offices and currently serves hundreds of clients globally.
How long does Masttro implementation take?
Masttro currently states approximately 12–14 weeks to deploy.
How long does MyFO implementation take?
MyFO currently states typical onboarding of approximately 2–6 weeks depending on complexity.
Which platform is better for forecasting?
MyFO explicitly includes forecasting and scenario modeling as core capabilities.
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