Best Platforms for Portfolio Management, Client Reports & Proposals for Financial Advisors (2025)
September 12, 2025
TL;DR: Koyfin is a modern platform trusted by financial advisors for portfolio management, client reports, and proposals. It is a leading alternative to Morningstar, YCharts, and FactSet.
Why: Koyfin combines portfolio management, analytics, and client-ready reports and proposals in one platform, giving advisors a complete workflow from onboarding to presentation. Advisors can onboard portfolios through integrations or PDF uploads, organize accounts at the household level, analyze allocations and risk in detail, and present recommendations with clear comparisons, visuals, and fee breakdowns — all in a system that works faster and costs less than legacy tools.
Key features:
- Household → Portfolio → Account structure
- Custom benchmarks
- Custodian & portfolio management systems integrations
- PDF statement import
- Hypothetical performance analysis
- Risk analysis (Sharpe, Sortino, beta, drawdown)
- Exposure breakdowns (sector, asset class, region, X-ray)
- Client-ready reports and proposals with side-by-side comparisons, fee breakdowns, and custom content pages
Read the full breakdown of Koyfin’s client portfolio features
Introduction
Advisors manage client portfolios across multiple custodians and platforms, while clients expect one accurate, easy-to-understand view of their finances. The right platform brings all accounts into one place, keeps data current, and makes it easy to present recommendations in client meetings.
This article reviews the top portfolio management platforms with tools for creating client reports and proposals in 2025. It covers how each supports core advisor tasks: onboarding clients, organizing accounts, analyzing portfolios, and creating clear, meeting-ready reports and proposals.
Quick Comparison of Portfolio Management, Client Reports & Proposal Tools
Tool | Best For | Strengths | Approx. Price |
Koyfin | Small and mid-sized RIAs | Household structure, custodian/PMS integrations, PDF import, allocation & risk analytics, branded reports & proposals | $2,508/year |
Nitrogen | Solo advisors needing basic analytics | Risk scenarios, allocation charts, proposal generation | $1,188/year |
Kwanti | Quant Analysts | Branded PDFs, allocation & risk metrics, fund look-through | $2,200/year |
FactSet | Enterprise | Advanced attribution, global data, risk modeling | $12,000/year |
4 Best Software for Portfolio Management & Client Reports
Koyfin: Tools for Portfolio Management, Client Reports, and Proposals for Financial Advisors
Best for: Small and mid-sized RIAs that need a single platform for research, portfolio management, client reports, and proposals.
Why It Stands Out: Koyfin combines advanced analytics, household-level portfolio organization, custodian/PMS integrations, PDF statement import, and client report and proposal tools in one system. This allows advisors to review current portfolios, present recommendations, and clearly show allocation, risk, and fee differences — all without switching platforms, saving time and reducing costs compared to Morningstar, FactSet, or YCharts.
Key features:
- Manual or CSV-based rebalancing
- Public and custom tickers
- Custom benchmarks
- Household → Portfolio → Account structure
- Custodian & portfolio management systems (PMS) integrations
- PDF statement import
- Hypothetical performance analysis
- Allocation breakdowns by asset class, sector, region, and credit quality
- X-ray view into the underlying holdings of ETFs and mutual funds
- Risk metrics: Sharpe, Sortino, beta, volatility, drawdown
- Portfolio Alerts
- Branded reports and proposals with comparison layouts, fee breakdowns, and custom pages
- Client portfolios and report templates sharing
Limitations: No support for corporate or municipal bonds; options data not yet available.
Pricing: Starts at $2,508/year (Advisor Core plan)
Koyfin Client Portfolio functionality overview:
1. Household-level organization
Koyfin Client Portfolios use a three-tier structure: accounts are grouped into portfolios, and portfolios are grouped into households. Advisors can move accounts or portfolios between tiers as client structures change. Reports can be generated at any level: account, portfolio, or household.
2. Robust analytics
Client Portfolios provide detailed holdings data, including share quantities, cost basis, and profit/loss. Exposure, performance, and risk metrics are aggregated at the account, portfolio, and household level.
3. Hypothetical returns
Koyfin models portfolio performance against benchmarks over time, showing how different strategies could affect long-term returns.
4. Holdings matrix
Holdings matrix shows overlapping positions with a fund X-ray, including the percentage of each security held through funds.
5. Custodian & PMS Integrations
Advisors can connect to Schwab, Altruist, TradePMR, Black Diamond, Orion, and other platforms to import client account data without manual entry.
6. PDF brokerage statement upload
Client portfolios can be created from uploaded brokerage statements in PDF format, with positions and values extracted automatically for quick account setup.
Koyfin Client Reports & Proposals: Key Features
1. Portfolio comparison
Side-by-side comparison of current and proposed portfolios, with clear charts showing allocation and performance against benchmarks.
2. Adjustable Outputs
Portfolio values, expected returns, advisor fees, and sensitivity settings can be adjusted to tailor comparisons for each prospect.
3. Fees breakdown
Fee comparison between a client’s current and proposed portfolios, with a breakdown in percentage and dollar terms to show cost differences and potential savings.
4. Custom Pages
Ability to add text and images, introduce the team, include charts with commentary, and highlight the firm’s values and services.
Why is Koyfin the best platform for portfolio management, client repots & proposals in 2025
Koyfin combines advanced features with an advisor-friendly design and is already trusted by thousands. Over 1,000 financial advisors currently use Koyfin’s client portfolios, reports, and proposals to:
- Identify underperformance in a prospect’s portfolio, compare it to a proposed portfolio, and clearly show allocation, risk, and fee differences
- Address client questions live in meetings with fast, intuitive analytics that are easy to navigate and explain
- Bring portfolios into the system through custodian/PMS connections or PDF uploads, ensuring accurate and complete account data
“I have tried many different options for portfolio reviews, creation and proposals and Koyfin has been the best solution. It is easy to create individual portfolios, household groupings and to compare current vs proposed portfolios.”
— Dace D., Stewardship Advicer
(as posted on G2)
“The software is intuitive and robust. The portfolio and household reporting function is very straightforward and allows for very valuable discussions with clients. I really like the format.”
— Gautam C., Wealth Manager
(as posted on G2)
Why More Advisors Are Switching to Koyfin
Koyfin provides a faster, more efficient way to manage client portfolios and prepare meeting-ready reports and proposals, without the operational complexity or high cost of legacy platforms.
Key reasons advisors switch:
- Client data import from custodian and PMS integrations or PDF uploads
- Exposure and risk analytics across accounts, portfolios, and households
- Side-by-side comparison of current and proposed portfolios
- Professional reports in a format clients understand and trust
- Fast-loading portfolio analytics and charts for client meetings
- Complete workflow from investment research to proposal creation in one system
- Model portfolios used as performance and allocation benchmarks
- Interface consistently described by advisors as easier to navigate than FactSet, Morningstar, or YCharts
Voted Best Value by Financial Advisors
In the Kitces AdvisorTech Report, financial advisors rated Koyfin highest for value relative to cost, with a score over 9.5 out of 10, ranking above FactSet, YCharts, Morningstar, and Bloomberg Terminal.
FactSet
Best for: Enterprise wealth management firms requiring extensive data coverage, advanced analytics, and centralized reporting.
Why It Stands Out: FactSet delivers institutional-grade data and analytics alongside enterprise-level client reporting solutions. It supports portfolio risk modeling and performance attribution.
Key features:
- Household portfolio aggregation
- Global market and security data
- Risk, attribution, and exposure analytics
- Integration with custodians and PMS systems
- Vermilion Reporting Suite for automated client statements
Limitations:
- Steep learning curve and complex UI
- No web-based version
- Pricing and scope tailored to large institutions
Pricing: ~$12,000/year (Free trial available via sales contact)
Kwanti
Best for: Solo advisors and small firms focused on fund look-through capabilities and building risk-aligned proposals using quantitative portfolio analytics.
Why It Stands Out: Kwanti specializes in producing branded, compliance-ready reports with flexible layouts and detailed allocation, performance, and risk metrics.
Key features:
- Asset allocation and sector/style breakdowns
- Performance and risk metrics
- Fund look-through analysis
- Branded PDF reports with customizable covers and layouts
- Selectable report sections and ordering
Limitations:
- Limited branding and customization in reports
- UI can feel clunky or dated
- No equity research or security-level insights
- No mobile app
Pricing: ~$2,200/year
Nitrogen
Best for: Advisors who prioritize client risk profiling and proposal generation
Why It Stands Out: Nitrogen is built around its proprietary Risk Number®, helping advisors assess client comfort levels and align portfolios accordingly. It streamlines proposals and automates rebalancing, making it ideal for planning-first advisors who value simplicity and risk alignment over deep analytics.
Key features:
- Risk Number® scoring
- Side-by-side portfolio comparisons
- Risk scenario illustrations and projections
- Integrations with select custodians and PMS platforms
Limitations:
- Limited portfolio customization and optimization tools
- Less emphasis on quantitative analysis or research features
Pricing: Not publicly disclosed; custom pricing available upon request.
FAQ
- What is the best client portfolio management software for financial advisors in 2025?
The best choice depends on your firm’s size, workflows, and integrations. Many RIAs choose Koyfin because it combines household-level portfolio organization, analytics, integrations and branded client reporting in one platform at a lower cost than legacy systems like Morningstar or FactSet.
- What features should I look for in a client portfolio reporting tool?
Key features most advisors prioritize:
- Household-level account grouping
- Custodian & PMS integrations
- PDF statement import
- Allocation and risk analytics
- Branded reports and proposals
- Side-by-side portfolio comparisons
- Secure data handling
- Which portfolio management platforms integrate with custodians?
Koyfin integrates with Schwab, Altruist, TradePMR, Black Diamond, Orion, and IBKR. Nitrogen, YCharts, and FactSet also offer custodian integrations, but coverage and workflow depth vary.
- What’s the easiest platform to use for creating client reports and proposals?
Ease of use depends on the advisory workflow. Many advisors report that Koyfin’s interface is intuitive, with fast-loading analytics and reports for client meetings.
- Does Koyfin offer household-level portfolio reporting?
Yes. Koyfin lets you group portfolios under households and generate reports at the household level. This helps advisors show a full picture of investment exposure and performance across related accounts or family members.
Editorial note
Our insights are derived solely from historical information and analyst predictions, employing an impartial approach. Please note that our articles do not serve as financial guidance.
