Private Wealth Systems vs Abbove
You are looking for alternatives to Private Wealth Systems. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.

Private Wealth Systems
Category
Consolidated Reporting
USA-based Private Wealth Systems provides the digital infrastructure that powers modern family offices across the world. The platform is able to support even the most complex nested ownership structure through its capturing, correcting, calculating and presenting of actionable information across asset classes and currencies.
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Abbove
Category
Consolidated Reporting
Abbove develops a wealth planning technology for financial advisors that want to serve their clients with a structured and holistic approach to their wealth. This Belgian platform enhances considerably cooperation by uniting advisors, their clients, data and technology in one place.
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Employees
- 11-50
Revenue
–
Founded
- 2014
Ownership
- Owned by management
- Clients are also owners
Incorporated
- United States of America
Locations
- Charlotte
- New York
- Salt Lake City
Top markets
- Switzerland
- United States of America
- United Kingdom
- Saudi Arabia
- Australia
Total AUM
- $200 billion
Avg. AUM per client
- $223 million
- 11-50
- $2 million
- 2017
- Owned by management
- Key staff also have ownership
- Owned by a larger corporation
- Belgium
- Brussels
- France
- Luxembourg
- Belgium
- Switzerland
- Monaco
- $100 billion+
-
Client
Focus
- Single-family offices
Serves also
- Multi-family offices
- Banks
- Individual wealth owners
- Fund managers
Number
- 650+ UHNWIs and family offices
- Multi-family offices
- Single family offices
- Multi-family offices
- Asset managers
- Fiduciaries
- 900+ advisors
- 26k+ families (end-users)
Product
Main tasks
- Accounting
- Consolidated reporting
- Portfolio management
- Data aggregation
- Risk management
- Impact/ESG reporting
Top features
- Data aggregation – our direct bank feeds captures 3x more data than other providers.
- Data validation – we perform daily reconciliation and correct bank data errors.
- Performance calculation – in side by side comparisons with other systems we have proven double-digit accuracy in performance and analytics.
- Custom reporting – our award winning data model empowers each user to personalize their data any way they want.
- Digital portal – wealth owners can customize their own mobile dashboards to have total power over their wealth.
Assets supported
- Private equity
- Bankable assets
- Real estate
- Rare collectibles (e.g. luxury cars, boats, high-value jewellery)
Compliance
- GDPR
Whitelabel
- Yes
- Consolidated reporting
- Data aggregation
- Succession simulator
- Data visualisation
- Financial planning simulator
- Family structure
- Asset inventory
- Donation inventory
- Ownership framework
- Interactive structure diagrams
- Secured digital vault
- Financial planning tool
- Inheritance tax simulator
- Smart reporting tool
- Third party access
- Bankable assets
- Private equity
- Real estate
- Rare collectibles (e.g. luxury cars, boats, high-value jewelry)
- Insurances
- Companies
- Liabilities
- GDPR
- Yes
Technology
Type Of Software
- SaaS
- Serviced software
Security
- Multi factor authentication
- Application scanning
- Network scanning
- Encryption at-rest and in-transit
- Data leakage prevention (DLP)
- User level access controls
- Annual audits by global banks
Ecosystem
- Microsoft
Integrations
- API that can connect with any third party system including CRM, bill pay
Mobile App
- Yes
- SaaS
- ISO 27001 certified by Summer 2021.Protection
- SSL protocol data encryption
- Access account is protected by a double SMS authentication system
- Vulnerability tests
- Third party security assessment reports
-
- API
- File integration framework
- Banking aggregation
- File upload
- No