Wealthtech firms Arch and Masttro announced a strategic partnership on Thursday that they said will offer investors the first digital platform to manage their alternatives reporting, capital call workflows, K-1s and portfolio monitoring.
Arch operates a private investment management portal for K-1 workflows, automating operations and reporting for financial professionals, while Masttro provides wealthtech solutions for RIAs, family offices, wealth managers and ultra-high net worth (UHNW) investors.
The integration will “route real-time alternative investment data into Masttro’s next-generation platform, enabling enhanced wealth visualization across liquid and illiquid assets and liabilities in a single dashboard,” the firms said in a press release.
Arch is offering Masttro platform users a view of their total net worth and portfolios, including asset class, geography, age of investment and manager, the firms said.
“Arch believes in a future where private markets portfolios have the same level of transparency as public investments,” according to Ryan Eisenman, CEO and Co-Founder of Arch.
“Partnering with Masttro provides allocators across the world with greater visibility, going beyond alts data management to modernize the time-consuming process of managing, tracking and reporting on alternative investments,” he said.
“By eliminating manual workflows such as K-1 collection and capital call tracking, Arch enables a seamless flow of data that gives Masttro’s clients access to deep, granular insights,” the firms said.
“Masttro simplifies the complexity of managing sophisticated, global portfolios by giving UHNW families a complete, real-time view across every asset class,” according to Jay McNamara, CEO of Masttro.
“As we continue to innovate and enrich the user experience, Arch is a key player among alternatives technology providers with a solution that empowers clients to enhance alternative investment management and gain deeper insights into portfolio composition,” McNamara said.
Arch supports more than 400 allocators, including over 100 RIAs and multi-family offices, 150 single family offices, four of the top 20 global banks, and fund administrators, law firms, accounting firms and institutions, it said.
In 2023, Arch said it raised $20 million in Series A funding. Eisenman told WSR then that funding would allow it to “double down on product and client service.”
At the time, Eisenman also pointed out, “Private and alternative investments are generally known to deliver higher returns (11% versus 7% of the S&P 500), but carry with them a higher administrative cost alongside less liquidity. The potential to deliver a higher return, with potentially lower stock market correlation, is a valuable tool for advisors and clients, as long as they can handle the additional administrative burden.”
Arch’s mission, he explained, was to “remove the administrative burden of alternative investments, making alternative investments scalable for investors and advisors.”
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jeff.berman@wealthsolutionsreport.com.
