Freedom251 › Family Office Software
MYFO
What MYFO is
MYFO is a web-based family office operating platform that brings financial data, entities, documents, stakeholders, and reporting together. It aggregates assets and liabilities across accounts and syncs information from banks, brokerages, and other financial institutions. Entity management maps family relationships and ownership stakes. Users can create performance reports by asset class, currency, geography, or entity, then export a PDF or share a live link. Document tools include entity-based organization, automated categorization, search, and role-based access. AI ingestion extracts positions, transactions, and cash flows from uploaded statements, capital call notices, and fund reports. MYFO also describes a Claude integration for plain-English portfolio questions about concentrations, capital call schedules, and scenarios. Listed integrations include Finicity, MX, Plaid, Quiltt, Wealthica, NetSuite, QuickBooks, Sage, Sumit, and Xero. The starting price is $850/mo; pricing is per asset and line item, with the final amount depending on requirements and complexity.
Who it suits
MYFO is intended for family offices, advisors, and institutions managing wealth at scale. It may suit teams that need consolidated reporting, entity management, document organization, and forecasting information in one platform.
What it does well
- Aggregates assets and liabilities across accounts.
- Reports can be exported as PDFs or shared by live link.
- Automated document categorization and search are available.
- AI ingestion extracts positions, transactions, and cash flows.
- Lists integrations with accounting and financial data providers.
What to know first
- Starts at $850/mo, with final pricing depending on requirements and complexity.
- Onboarding typically takes approximately two to six weeks.
- The listed platform is web only.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| MYFO | Starting price; billing schedule not specified · Priced per asset and line item · final pricing depends on requirements and complexity | $850 a month |
As myfotech.com lists them, read 7 Oct 2026. The maker's own page has the final word.
Verdict
MYFO combines financial consolidation, entity mapping, reporting, and document management for wealth organizations. Its starting price and onboarding timeline make requirements and implementation complexity important factors to review.
Facts from MYFO's own pages
- Accounting scope
- A MYFO pricing guide says the platform includes consolidated information, entity management, documents, tasks, stakeholder management, and forecasting. · myfotech.com, 7 Oct 2026
- AI integration
- The site says MYFO's Claude integration lets users ask portfolio questions in plain English and query concentrations, capital call schedules, and scenarios. · myfotech.com, 7 Oct 2026
- Company history
- MYFO says founder Simran Kang began building the platform in 2019 after advising ultra-high-net-worth families at PwC. · myfotech.com, 7 Oct 2026
- Data consolidation
- The platform aggregates assets and liabilities across accounts and syncs data from banks, brokerages, and other financial institutions. · myfotech.com, 7 Oct 2026
- Document ingestion
- AI document ingestion extracts positions, transactions, and cash flows from uploaded statements, capital call notices, and fund reports. · myfotech.com, 7 Oct 2026
- Document management
- The platform organizes documents by entity and offers role-based access, automated categorization, and search. · myfotech.com, 7 Oct 2026
- Entity mapping
- MYFO maps relationships and ownership stakes among family members and their entities. · myfotech.com, 7 Oct 2026
- Headquarters
- Canada · myfotech.com, 28 Sept 2026
- Integrations
- MYFO lists integrations and partners including Finicity, MX, Plaid, Quiltt, Wealthica, NetSuite, QuickBooks, Sage, Sumit, and Xero. · myfotech.com, 7 Oct 2026
- Intended users
- MYFO says it serves family offices, advisors, and institutions managing wealth at scale. · myfotech.com, 7 Oct 2026
- Onboarding and support
- The maker says onboarding typically takes approximately two to six weeks depending on complexity and describes hands-on support. · myfotech.com, 7 Oct 2026
- Product
- MYFO is a family office operating platform that consolidates financial data, entities, documents, stakeholders, and reporting. · myfotech.com, 7 Oct 2026
- Reporting
- Users can create consolidated performance reports by asset class, currency, geography, or entity, then export a PDF or share a live link. · myfotech.com, 7 Oct 2026
- Security
- MYFO's Trust Center describes the platform as SOC 2 Type 2 compliant and lists security, compliance, and privacy information for review. · trust.myfotech.com, 7 Oct 2026
- Security controls
- The product site lists AWS hosting, multi-factor authentication, audit logging, role-based access control, and continuous monitoring. · myfotech.com, 7 Oct 2026
Where MYFO stands on Freedom251
- Family Office Software#19 of 24