Learn how WealthTech Catalog researches, scores, and ranks wealth management, portfolio, planning and advisor software. Our editorial process is independent of vendor payments.
How We Evaluate Wealth Management Software
Our editorial rankings are independent of vendor relationships. Here is exactly how we research, score, and update every portfolio management, financial planning and advisor software product in our directory.
Editorial Independence
Vendor rankings and scores are determined solely by our research criteria. A vendor cannot buy a higher ranking, a better score, or a positive review. Sponsored listings are clearly labeled and appear separately from editorial rankings.
Regular Updates
Software changes fast. We review every vendor listing at least once per year and update scores when products release major new features, change pricing, or receive significant new user reviews. The last review date appears on every vendor page.
Practitioner Perspective
Our editorial team brings hands-on wealth-software evaluation experience. Assessments reflect how software performs in real advisor workflows — portfolio rebalancing, performance reporting, custodial data reconciliation and multi-custodian book management — not just what the vendor demo shows.
Our Evaluation Criteria
Every vendor in our directory is assessed across six weighted criteria. The weighting reflects what financial advisors, RIAs and family offices tell us matters most when selecting software.
| Criterion | Weight | What We Measure |
|---|---|---|
| Core Functionality | 30% | Does the product cover the fundamental workflows for its category? A portfolio management platform must handle multi-custodian data aggregation, reconciliation, performance reporting, billing and rebalancing. A financial planning tool must cover goal-based projections, cash-flow modeling and tax scenarios. We score depth and completeness of core features. |
| Ease of Use | 20% | How quickly can a new user become productive? We evaluate UI design, client portal and mobile app quality, onboarding flow, and the learning curve for both admin and advisor roles. |
| Integration Ecosystem | 15% | How well does the product connect with custodians (Schwab, Fidelity, Pershing), advisor CRMs, financial planning tools, and portfolio accounting systems? We assess native custodial feeds, open API quality and data-integration depth. |
| Pricing and Value | 15% | Is the pricing transparent? Does the product deliver measurable ROI relative to its cost? We consider total cost of ownership including implementation, data conversion, training, and ongoing per-account or AUM-based subscription fees. |
| Security and Compliance | 10% | Support for RIA and broker-dealer compliance workflows, SOC 2 Type II attestation, data encryption, access controls, and audit trails. We also weigh the vendor's track record for uptime and resolving implementation issues. |
| User Satisfaction | 10% | Aggregate ratings from verified user reviews across G2, Capterra, industry surveys, and our own platform. We weight review recency and reviewer seniority when calculating satisfaction scores. |
Weights are applied consistently within each software category. We do not adjust weights for specific vendors.
Our Rating Scale
Ratings shown on vendor cards and pages represent an overall score calculated from the six criteria above, normalized to a 1–5 scale.
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★★★★★ 4.5 – 5.0Exceptional
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★★★★ 4.0 – 4.4Strong
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★★★½ 3.5 – 3.9Good
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★★★ 3.0 – 3.4Average
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★★ Below 3.0Below average
Our Research Process
Product Research
We evaluate product documentation, request demos, and where possible test the software directly. For enterprise platforms, we interview implementation consultants and end users with direct experience.
User Review Aggregation
We aggregate verified user ratings from G2, Capterra, industry surveys and advisor communities. We exclude reviews marked as incentivized when calculating satisfaction scores, and weight reviews from the past 24 months more heavily than older reviews.
Scoring and Writing
An editor applies the six-criterion framework to produce a weighted score. A separate writer then produces the vendor review, ensuring scoring and editorial content are produced independently to reduce bias.
Annual Review Cycle
Every vendor listing is reviewed on a 12-month cycle. Mid-cycle updates are triggered by major product releases, pricing changes, or a significant shift in user review sentiment of more than 0.3 rating points.
Categories We Cover
WealthTech Catalog covers the core categories of wealth management, portfolio management and financial advisor software. Within each category, we maintain a curated list of the most widely used platforms, evaluated against category-specific criteria.
Portfolio Management
Multi-custodian aggregation, reconciliation, performance reporting, billing and rebalancing.
Multiple vendors reviewedFinancial Planning
Goal-based projections, cash-flow modeling, retirement and tax scenario planning.
Multiple vendors reviewedAdvisor CRM
Client relationship management, workflow automation and pipeline tracking built for advisors.
Multiple vendors reviewedFamily Office
Consolidated multi-entity reporting, alternative assets, partnership accounting and billing.
Multiple vendors reviewedConflicts of Interest Policy
Affiliate Links
Some vendor links on WealthTech Catalog are affiliate links. When a user clicks through and signs up for a paid product, we may receive a commission from the vendor. Affiliate relationships do not influence rankings, scores, or editorial content. Affiliate links are identified with a rel="sponsored" attribute in the HTML.
Sponsored Listings
Vendors may pay for sponsored placement in category listings. Sponsored products appear with a clear "Sponsored" label and are displayed separately from editorial rankings. A sponsored listing does not affect a vendor's editorial score or ranking position.
Vendor-Provided Information
Vendors may submit corrections to factual information such as pricing, feature availability, and company details. We review all vendor submissions before publishing. Vendors cannot edit editorial assessments, scores, or review summaries.
Questions and Corrections
If you believe information on a vendor page is factually incorrect, or if you have questions about our methodology, contact our editorial team. We aim to respond to correction requests within 5 business days.