MyFO

Family offices running on spreadsheets, Outlook reminders, and scattered document folders are the exact client MyFO was built to replace. Founded in 2024 and operated by First Democracy Technology Inc., the platform targets single and multi-family offices managing between $25 million and $500 million or more in assets, with a parallel offering for the wealth advisors who serve them.

The core problem MyFO addresses is operational fragmentation: capital calls tracked in Excel, documents stored across multiple systems, and KYC requests bouncing between advisors and clients via email. MyFO consolidates these workflows into one platform, connecting over 20,000 bank and accounting integrations to pull live data into a unified dashboard. Key capabilities include:

• Multi-entity ownership mapping across trusts, foundations, holding companies, and personal accounts
• Role-based stakeholder access with granular permissions per entity
• Consolidated net worth view across asset classes, currencies, and geographies
• Document vault with folder-level organisation tied to specific entities
• KYC workflow automation to reduce advisor administrative load
• Custom reporting with PDF-ready output

The platform holds SOC 2 certification and is described as onboarding within days using hands-on implementation support. It has won multiple 2025 awards including recognition as a reporting solution for the Americas and best wealth management tool. Pricing is not publicly disclosed, and the company is early-stage, having launched in 2024, which means buyers should assess product maturity and roadmap depth carefully before committing. The advisor-facing module positions MyFO as a shared workspace between the family and their external advisors, rather than a purely internal tool, which suits offices that run with lean teams and rely heavily on outside relationships.

• Consolidating financial data across multiple entities, custodians, and geographies
• Managing and distributing documents across family members and advisors
• Automating KYC processes to reduce advisor administrative burden
• Generating custom performance and portfolio reports
• Mapping legal entity ownership structures
• Providing role-based access to financial data for stakeholders and advisors

• Consolidated net worth dashboard across entities and asset classes
• Entity ownership and relationship mapping
• Stakeholder directory with granular role and permission management
• Document vault with folder organisation tied to entities
• KYC workflow automation
• Custom reporting with PDF output
• 20,000+ bank and accounting integrations
• Multi-currency support
• Task management and capital call tracking
• SOC 2 certified infrastructure with continuous monitoring

Built for Single Family Office (SFO), Multi Family Office (MFO), Advisors / Wealth Advisors (RIA).

Yes

Hands-on onboarding support included; sales team reachable via email at [email protected]

Onboard in days with hands-on support