Feeling buried by endless manual work?
You’re juggling portfolios and compliance with outdated tools. This drains your most valuable resource and prevents you from focusing on high-impact analysis.
The pressure is immense. Falling behind on critical analysis and reporting due to these operational drags is a major risk for your firm’s reputation.
In fact, research from Aite Group shows firms are spending up to 41% of their time on non-value-added tasks. Imagine reclaiming that productivity.
The right software platform can solve this. It helps you streamline your entire workflow and focus on strategic investment decisions instead.
In this article, I’m going to guide you through the best investment management software available to help streamline your operations and boost performance.
You’ll discover platforms that automate reporting, simplify compliance, and deliver the powerful analytics you need to stay ahead of the competition.
Let’s dive right in.
Quick Summary:
| # | Software | Rating | Best For |
|---|---|---|---|
| 1 | Addepar → | Large wealth management firms | |
| 2 | SS&C Technologies → | Private markets & hedge funds | |
| 3 | Envestnet → | Asset managers & RIAs | |
| 4 | Orion Advisor Technology → | Portfolio managers & CFOs | |
| 5 | Broadridge → | Capital markets & wealth firms |
1. Addepar
Struggling with investment portfolio complexity and outdated systems?
Addepar offers a transformative technology and data platform designed to simplify your operations.
This means you can make smarter investment decisions and drive greater outcomes for the portfolios under your care, providing clarity where there was once confusion.
Here’s how you can achieve superior outcomes.
Addepar empowers investment professionals with cutting-edge technology and data, helping you excel. You can aggregate every ownable asset, analyze and visualize portfolio data instantly, and create customized, branded reports. This ensures a beautiful experience your clients will love.
Additionally, Addepar includes portfolio trading and rebalancing capabilities, allowing you to align portfolios to targets and rebalance on demand for select accounts, households, or your entire book of business. Plus, with scenario modeling and forecasting, you can model asset allocations—including illiquid assets—to optimally achieve client goals and test hypothetical performance across different scenarios. You also get streamlined billing, simplifying calculation, production, and tracking of fees, with granular insights into fee calculations.
Elevate your investment management today.
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Key features:
- Comprehensive Data Aggregation: Unifies all ownable assets, enabling instant analysis and visualization of your complete portfolio data.
- Advanced Portfolio Management: Provides tools for portfolio trading, rebalancing, and sophisticated scenario modeling for optimal client goal achievement.
- Streamlined Billing & Reporting: Simplifies fee calculation and tracking, offering detailed insights and customizable, branded client reports.
Addepar features, pricing, & alternatives →
Verdict: If you’re seeking the best investment management software that simplifies complexity and drives outcomes for portfolios, Addepar is a powerful choice. Its ability to aggregate diverse assets, provide scenario modeling, and streamline billing helps your team manage over $7T in assets across 1,200 leading firms globally, as seen with partners like HSBC Private Banking.
2. SS&C Technologies
Struggling with investment operations and complex regulations?
SS&C Technologies offers solutions for investment accounting and trade order management. This means your firm can streamline core processes.
You can truly focus on building relationships and growing your business instead of operational hurdles.
Here’s how SS&C Technologies helps.
They offer comprehensive services, including fund administration, investor services, and middle office support. This means your team gains powerful technology for portfolio management, reporting, and reconciliation.
Additionally, their capabilities span diverse asset classes, strategies, and tax regimes, providing solutions for private markets and hedge funds. You can also benefit from services like ESG reporting, intelligent automation, and robust risk & compliance tools, ensuring your firm stays agile.
The result: simplified operations, enhanced compliance, and clearer insights.
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Key features:
- Comprehensive Asset Servicing: Supports fund administration, investor services, and middle office operations for diverse investment businesses.
- Integrated Investment Solutions: Offers investment accounting, trade order management, portfolio management, and reconciliation capabilities across asset classes.
- Advanced Data & Compliance: Provides ESG reporting, intelligent automation, regulatory tools, and robust risk and compliance management.
SS&C Technologies features, pricing, & alternatives →
Verdict: SS&C Technologies positions itself as the best investment management software by directly addressing your firm’s operational complexity and regulatory burdens with tailored solutions for private markets, hedge funds, and wealth management. Their extensive features, from investment accounting to comprehensive risk & compliance, aim to boost your client satisfaction and ensure system-wide adoption.
3. Envestnet
Are you struggling with outdated investment management software?
Envestnet offers innovative technology to deliver financial wellness. This means you can overcome platform inefficiencies and manage complex client needs.
Their comprehensive ecosystem of solutions, intelligence, and technologies helps you streamline operations and boost client satisfaction.
This is how you enhance client experience.
Envestnet helps advisors deliver financial wellness to more people by offering an integrated platform. Here’s how it works.
You gain access to a full range of tools for modern trading, reporting, and investment administration, enhancing your expertise. This simplifies compliance and delivers accurate real-time reporting.
This platform is specifically designed for asset managers, RIAs, and financial institutions, providing the data breadth and holistic solutions needed to modernize money management and deepen client relationships. You can supercharge practice growth while simplifying overall practice management.
The result is truly scalable growth.
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Key features:
- Integrated Platform: Provides tools for trading, reporting, and investment administration, streamlining operations for asset managers and financial institutions.
- Data Solutions: Offers data aggregation and enrichment capabilities, giving you holistic insights to manage money effectively and make informed decisions.
- Comprehensive Ecosystem: Includes interconnected solutions for prospecting, proposal/risk assessment, estate planning, and tax management, covering all your wealth management needs.
Envestnet features, pricing, & alternatives →
Verdict: Envestnet’s focus on an integrated ecosystem and holistic solutions makes it a strong contender for the best investment management software. It empowers asset managers and financial institutions to drive scalable growth and simplify practice management, boosting client satisfaction and demonstrating measurable business impact.
4. Orion Advisor Technology
Tired of disjointed software hindering your firm’s growth?
Orion Advisor Technology offers an integrated ecosystem to address your biggest tech pain points.
This platform helps you overcome inefficiencies and gain advanced analytics, offering a full range of solutions to run your firm.
Unlock your firm’s full potential.
Orion Advisor Technology provides essential tools like Portfolio Accounting, CRM, Client Portal, and Compliance to streamline your operations. This means you can manage client relationships efficiently, generate personalized reports, and ensure your firm is exam-ready, eliminating the need to juggle multiple, unintegrated systems. Additionally, you get tax-intelligent trading and risk intelligence capabilities, enabling you to streamline your business with tax-intelligent trading at scale and uncover new opportunities. Plus, their integrated UX under one agreement makes adoption and management simple, freeing you to focus on client satisfaction and growth.
Boost client satisfaction with integrated solutions.
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Key features:
- Portfolio Accounting: Streamlines billing, reporting, and trading at scale, enabling faster payments and personalized client reports that enhance client experience.
- Redtail CRM: Manages client relationships with the industry’s top CRM for market share, helping your team work smarter and fostering stronger client connections.
- Compliance & Risk Intelligence: Prepares your firm for examinations and helps you understand risk while uncovering opportunities to make informed investment decisions.
Orion Advisor Technology features, pricing, & alternatives →
Verdict: For portfolio managers, investment analysts, and CFOs seeking a cohesive platform, Orion Advisor Technology stands out as a best investment management software solution. It centralizes critical functions like portfolio accounting and CRM, ensuring accurate real-time reporting and simplified compliance, helping your firm attract and retain high-net-worth clients.
5. Broadridge
Struggling with fragmented investment operations?
Broadridge offers robust solutions to enhance your advisory capabilities and streamline front, middle, and back-office functions. This means you can centralize your operations and boost productivity.
You need software that simplifies compliance and delivers real-time reporting, and Broadridge’s comprehensive suite ensures your organization stays compliant and secure.
Here’s how Broadridge helps.
Broadridge’s innovative solutions transform your front office, improving client interactions and boosting productivity. You can optimize client portfolios and drive growth.
Their comprehensive suite enhance efficiency and accuracy in your middle and back office operations, with solutions like trade matching, post-trade processing, and asset servicing. This ensures financial precision.
Additionally, Broadridge provides advanced analytics and intelligence solutions. These empower you with market, distribution, and investor intelligence, delivering actionable insights to drive informed decision-making. They also simplify navigating complex regulations.
Experience transformative innovation and growth.
Key features:
- Wealth Advisor Solutions: Enhance advisory capabilities and optimize client portfolios to drive growth and retention, ensuring your firm meets evolving client needs effectively.
- Front Office Solutions: Streamline operations, improve client interactions, and boost productivity through portfolio management, order management, and principal trading capabilities.
- Governance & Regulatory Compliance: Navigate complex regulations with ease using solutions for proxy services and fund regulatory reporting, ensuring your organization stays secure and compliant.
Broadridge features, pricing, & alternatives →
Verdict: Broadridge stands out as a best investment management software choice because it empowers asset managers, capital markets firms, and wealth management companies to operate, innovate, and grow, boosting efficiency across the entire trade lifecycle.
6. FactSet
Struggling with inconsistent data and operational inefficiencies?
FactSet provides comprehensive data and analytics, helping you make informed decisions and streamline your investment workflows. This means you can integrate crucial information across your entire organization.
You’re likely dealing with fragmented systems and manual processes, which slow down your ability to react to market changes. This software addresses that directly.
Here’s how FactSet helps.
The platform unifies your data and workflows, empowering you to manage portfolios efficiently from front to back office. You can access deep analytics and market insights.
This enables faster, more confident decision-making, ensuring you stay ahead of client needs and market shifts. You can gain clarity on your investments.
Additionally, FactSet offers a suite of integrated solutions for portfolio analysis, risk management, and client reporting, allowing you to centralize your operations and improve accuracy. This holistic approach ensures all your teams are working with consistent, real-time data, reducing errors and enhancing productivity across your firm.
Achieve greater accuracy and operational excellence.
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Key features:
- Comprehensive Data Integration: Unifies disparate data sources for a complete view of your investment landscape, simplifying analysis and reporting.
- Advanced Analytics & Insights: Provides deep analytical tools and real-time market data to support informed decision-making and strategic planning.
- Streamlined Workflow Automation: Automates manual processes across front, middle, and back office operations, boosting efficiency and reducing operational risk.
FactSet features, pricing, & alternatives →
Verdict: If you’re seeking the best investment management software to simplify compliance and enhance real-time reporting, FactSet offers a robust solution. Its ability to centralize data and automate workflows helps you achieve greater operational efficiency and boost client satisfaction through accurate, timely insights, making it a powerful choice for growing firms.
7. SimCorp
Struggling with inconsistent data and outdated systems?
SimCorp One helps you achieve a total portfolio view, accessible anytime, anywhere, for scaling alpha and faster time to market. This means you can truly know your risks.
The platform is purpose-built to power your decisions, offering scalable, seamless, front-to-back workflow that provides data and enables agile action across your organization. The result is full transparency and control with access to the same up-to-date, real-time information.
Here’s how SimCorp solves these pain points.
SimCorp One brings you a truly connected whole office, encompassing full instrument coverage, the entire investment value chain, and a complete portfolio view at all times. This integrated approach ensures that no matter your role, you have immediate access to critical insights.
Your organization can benefit from real-time investment insight, allowing you to see risk and performance across all investments in one centralized location. It addresses the risks of delayed data and complexities of alternative investments, providing maximum returns with effective asset portfolio management. Additionally, SimCorp helps balance portfolio diversification with data and risk challenges while scaling for sustainable growth. Plus, it offers solutions to mitigate risk, build strategies, and communicate effectively with investors.
This ultimately enhances your investment operations for optimal returns.
Key features:
- Real-time Investment Insight: Provides a total portfolio view accessible anytime, anywhere, supporting faster time to market and comprehensive risk understanding.
- SimCorp One Platform: Delivers scalable, seamless, front-to-back workflow, enabling agile action and full transparency across the entire organization.
- End-to-End Approach: Offers full instrument coverage, covers the entire investment value chain, and ensures a complete portfolio view at all times.
SimCorp features, pricing, & alternatives →
Verdict: SimCorp is an excellent choice as the best investment management software for your firm, especially if you seek real-time insights and a connected, end-to-end platform. Its comprehensive capabilities streamline operations, reduce data delays, and manage complex alternative investments, enabling agile decision-making across your organization.
8. Clearwater Analytics
Struggling with investment data complexity and reporting?
Clearwater Analytics offers automated investment data aggregation, reconciliation, and reporting. This means your teams can streamline operations and simplify global accounting.
This allows you to reduce manual workload, close your books sooner, and allocate more time to meaningful analysis.
Here’s how it solves that for you.
Clearwater Analytics empowers your teams with automated investment data aggregation, reconciliation, accounting, and reporting. It’s a SaaS-based solution, designed to make your investment onboarding easy.
You can expect daily, accurate, comprehensive, and customizable reports that power your accounting close, risk, compliance, and tax operations. This comprehensive approach covers a wide array of asset classes across multiple currencies and regulatory regimes.
Plus, you get flexible portfolio views with user-friendly dashboards that are customizable to your accounting needs, alongside drag-and-drop custom reporting. This allows you to manage compliance, risk, and performance from anywhere, helping you make confident, fact-based decisions.
The result is radical reporting simplification.
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Key features:
- Automated Data Management: Reduces manual workload through daily aggregation and reconciliation, allowing more time for meaningful analysis and faster accounting closes.
- Comprehensive Reporting: Delivers daily, accurate, and customizable reports across various asset classes, multiple accounting bases, and currencies, all in one view.
- Compliance and Risk Management: Provides out-of-the-box regulatory reports (NAIC, Solvency II, GASB), enabling you to manage risk and maintain ideal portfolio profiles from anywhere.
Clearwater Analytics features, pricing, & alternatives →
Verdict: Clearwater Analytics stands out as a leading contender for the best investment management software, especially with its AI-driven approach and 91% fully automated reconciliation. It offers a 100% SaaS system, trusted by over 1,000 organizations managing $8.8 trillion in AUM, ensuring accurate, timely data for critical operations.
9. SEI
Simplify your financial operations, ignite innovation, and accelerate growth.
SEI offers customizable technology and investment solutions to power the future of wealth management. This means you can address complex business challenges efficiently.
SEI provides end-to-end solutions that simplify the complexities of financial services, connecting every part of your operations. This empowers you to move forward with confidence.
Here’s how SEI helps you.
SEI’s enterprise platform solutions and outsourced operations are designed to handle intricate financial operations. You can connect investors to what matters most, helping them achieve their goals.
Additionally, SEI aims to help you make confident decisions and power growth across your financial services. Their focus on integration bridges the back-to-front office for streamlined success.
This comprehensive approach simplifies complex financial operations, boosts client relationships, and enhances efficiency. Whether you’re an asset manager, bank, wealth manager, or financial advisor, SEI offers solutions built specifically for your needs, including supporting the adoption of unified managed household solutions.
The result is truly simplified operations.
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Key features:
- Customizable solutions: Deliver tailored technology and investment solutions to simplify complexity and empower your financial services operations.
- End-to-end integration: Connect every part of your operations from back-to-front office to ignite innovation, unlock efficiency, and accelerate growth.
- Outsourced operations: Provide enterprise platform solutions and outsourced operations designed to address your most complex business challenges.
SEI features, pricing, & alternatives →
Verdict: SEI is a strong contender for the best investment management software, offering customizable end-to-end solutions that simplify complex financial operations. By connecting all parts of your business, it helps unlock efficiency and accelerate growth, making it an ideal choice for asset managers, banks, wealth managers, and financial advisors seeking to streamline their operations and boost client relationships.
Conclusion
Ready to streamline your investments?
Choosing the right software is overwhelming. The wrong platform can stall your growth and significantly increase compliance risks for your entire investment firm.
Accenture’s research highlights a massive benefit: firms using specialized tools see a 30% reduction in trade errors. That’s a significant boost in operational accuracy, freeing your team from manual work and for high-value strategic analysis.
So, what’s my top recommendation?
From everything I’ve reviewed, Addepar is the clear winner. It excels at simplifying complex portfolios and delivering the instant clarity you need to succeed.
I was impressed by its ability to aggregate every asset for instant analysis. When you implement the best investment management software like this, you’re driving superior client outcomes.
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I highly recommend you connect with Addepar to see exactly how its powerful platform can transform your operations.
You’ll gain a powerful competitive edge.
