Dimension scores are derived from public data and fields; weighted into the composite. Reference only.
Private Family Office is provided by Dow Software and runs on its Strad Professional application. Positioned as a “virtual family office” platform, it is not merely a portfolio tool. Instead, it aims to centralize multiple types of information that affect family wealth and wellbeing, including business and financial interests, assets and liabilities, legal and medical documents, while enabling financial advisors, lawyers, accountants, insurance advisors, and others to collaborate around the same set of information.
The platform centers on a holistic view of family wealth and advisor collaboration. The copy emphasizes that users can view wealth-related information in one place, reducing the problems of scattered accounts and critical information being held by a single individual. Strad Professional also supports connecting existing professional advisors and sharing real-time data, allowing advisors across different fields to work together much like a traditional family office. For permissions, the platform mentions the ability to designate a deputy and to restrict or expand access as circumstances require, making it suitable for long-term care, intergenerational succession, and changes in key roles.
Security is the most clearly disclosed aspect of the product. Strad Professional 2.0 completed SOC 2 Type 1 certification in April 2022, with A-LIGN as the auditor. The audit scope covered Dow Software’s internal processes and the security controls of Strad Professional. The website also mentions advanced security and backup protocols, as well as protection of confidential data and safeguards against identity theft and risks from inappropriate advisors. The deployment model is not clearly stated; based only on the statement that users can create a Private Family Office after logging in, it appears to be an online platform. There is no information on whether self-hosting is supported.
The main content does not disclose plans, pricing, a free version, or a trial. It also does not specify which third-party banks, brokerages, document systems, or wealth management systems are supported for integration. API and developer support are likewise absent. For organizations that need automatic account synchronization, advanced reporting, or integration with internal systems, further inquiry is essential before procurement.
It is best suited for high-net-worth families, family offices, and advisory teams serving family clients, especially in scenarios where assets, legal matters, tax, insurance, and medical documents need to be managed in a unified way. Access from China is unknown, and payment methods are not disclosed. If serving clients in mainland China, additional evaluation is needed around network availability, cross-border data transfer, and local compliance requirements. Comparable options include Addepar, Masttro, Altoo, Asset Vantage, as well as domestic private banking and family office systems.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on privatefamilyoffice.com official site.
privatefamilyoffice.com is an United States Legal & Tax provider. TG4G tracks its product information, an overall rating of 6.0/10, and a China-accessibility score of Limited (proxy recommended). Click "Visit Official Site" to reach privatefamilyoffice.com directly.