Addepar

What is Addepar?

Addepar is a cloud-based wealth management platform founded in 2009 by Joe Lonsdale and Jason Mirra, both formerly of Palantir Technologies. Led by CEO Eric Poirier since 2013 and headquartered in New York, Addepar has grown into the most widely adopted portfolio aggregation and reporting system in private wealth. The company remains privately held; its $230 million Series G round in 2025 valued the business at $3.25 billion.

The platform's core promise is a single, reconciled view of complex wealth. It ingests data from more than 300 direct custodian feeds, covers every major asset class including private equity, real assets and collectibles, and turns that data into performance reporting tailored to owners, principals and their advisors. Nearly 650 software, data and consulting partners integrate with the platform, from Salesforce to J.P. Morgan Private Bank data feeds.

Products and modules

The Addepar Platform is the core engine: multi-custodian aggregation, ownership structures across entities and generations, performance and exposure analytics, and configurable client reporting. Around it sit several modules. Navigator adds forward-looking analysis, with cash flow projections and scenario modelling built on actual holdings. Alts Data Management automates the ingestion of alternative investment documents such as capital calls, distributions and statements, which is where family offices typically lose the most manual hours. Addepar Trading covers rebalancing and trade order management. Addison AI, launched in 2026, is the platform's native AI layer, answering natural-language questions with traceable outputs grounded in the client's own portfolio data. An Open API supports firms that build their own tooling or connect Addepar to CRM, general ledger and planning systems.

Who Addepar is for

Addepar serves single and multi-family offices, independent advisors, RIAs and private banks. It fits best where complexity is the problem: many entities, several custodians, meaningful alternatives exposure, multiple generations and jurisdictions. For smaller offices with simple, mostly liquid portfolios, its depth and implementation lift can be more than the situation demands, which is where lighter alternatives are worth comparing.

Pricing and onboarding

Addepar does not publish pricing. Contracts are quoted per client and typically scale with assets on platform (basis point based, with flat-fee options), the number of entities and data feeds, and the modules selected. As a rough guide, family office deployments commonly start around $50,000 per year, plus an implementation project. Standard onboarding runs roughly 60 to 90 days; the streamlined AddeparGO route can be closer to 30 days.

Our take

Addepar's strengths are the breadth of its custodian and asset class coverage, its handling of alternatives, reporting flexibility, security posture and the largest integration ecosystem in the category. The trade-offs to weigh: implementation requires real internal effort and clean data; pricing is opaque until you are in a sales process; and Addepar is a reporting and analysis platform rather than a general ledger or planning suite, so most offices pair it with accounting and planning tools.

Recent developments

In 2026 Addepar launched Addison AI, announced a partnership with Databricks, and teamed up with CNBC on the Family Office Portfolio Tracker, a recurring snapshot of how family offices invest, drawn from anonymised platform data. LGT Wealth Management UK also selected the platform. In 2025 the company raised its $230 million Series G and acquired AI workflow startup Arcus. Earlier milestones include the Morgan Stanley partnership and the AltX acquisition in 2017.