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Family Offices Ditch Spreadsheets for AI
6 Dec, 2025
Summary
- US family offices managed $3.1 trillion last year.
- 72% of family offices find their tech investments insufficient.
- Asseta AI raised $4.2 million in seed funding recently.
The burgeoning family office sector, managing trillions in assets, is increasingly moving beyond rudimentary software like Excel and QuickBooks. Asseta AI, a new accounting platform, addresses this gap by providing advanced tools for these wealth management entities. With family offices overseeing more than $10 billion on its platform, Asseta AI is poised to modernize operations.
The company's CEO, Dean Palmiter, recognized the need for specialized solutions after witnessing a client's complex setup. Asseta AI offers consolidated reporting, providing comprehensive insights into transactions and assets across various legal entities. This technological leap aims to streamline operations for the ultra-wealthy.
