Asset Management Software Rankings and Industry Moves

Austin, Texas, October 4, 2025

News Summary

A comprehensive review evaluated 33 asset management products from 17 vendors and examined the top 10 in depth, ranking solutions by features, value, security and support. Reviewers highlighted four must-have capabilities: real-time asset views, reporting and analytics, mobile access, and scanning/tracking support (barcode, RFID, QR, GPS). The roundup details pricing models, trials, onboarding options and vendor snapshots from Asset Panda to ServiceNow and Flexera. The report also covers related market activity, including wealth-management team hires in Austin and a student housing disposition in the Austin area, offering practical guidance for buyers weighing cost, integrations and mobile performance.

New review ranks asset management software; major wealth hires and a student-housing sale follow

Lead: A recent review by a small business review team evaluated dozens of asset management products and highlighted which tools best track and protect company assets. The review looked at product features, pricing clarity and support, and singled out a top group of vendors. Meanwhile, in professional services and real estate, a wealth advisory team moved to a new firm in Austin, Texas, a bank hired a senior portfolio manager to its Summit office, and an Austin-based investment firm completed a profitable sale of a student housing complex in San Marcos, Texas.

Asset management review: scope and top requirements

The review team tested 33 asset management products from 17 vendors, taking a deeper look at the 10 highest-scoring products. Reviewers rated tools on features, value, security and support. The testing emphasized an asset manager’s ability to track IT assets like software licenses, hardware maintenance schedules and external devices that connect to networks.

The team identified four most important features in this space: real-time views of all assets, asset reporting and analytics, mobile access, and support for scanning and tracking tools such as barcode scanners, RFID, QR codes and GPS. Price transparency was given great weight, with a note that total cost depends on a company’s unique mix of assets.

Highlighted vendors and specific features

The review listed several vendors with key facts about pricing, trials and core functions:

• Reftab — 14-day free trial (50-asset max); starts at $31.25 per month for 250 assets in one line and another line shows Starting monthly price $40 for 250 items; unlimited users and accessory tracking; supports consumable tracking and automated contact checks after devices are checked out.
• ShareMyToolbox — starts at $100/month with full web and app access plus $10/month per user; supports field transfers, maintenance tracking and audits.
• Rippling IT — pricing is custom; free quote available; features include asset tracking, returns and retrieval, procurement, storage and inventory, setup and security.
• EZO AssetSonar — 7-day free trial; contact sales for pricing; features include user management, helpdesk integrations, automations and reporting. Another line shows Starting Monthly Price $0.21 per node.

Product snapshots

Asset Panda offers asset inspections, custom inspection checklists, a mobile app for photos and barcode scanning, inspection assignment coordination, alerts for due inspections, a manager dashboard for overdue items and scheduled repairs, and industry customizations for fields like construction, education, healthcare and government. Consumer sentiment cites efficiency of the barcode system and a cloud-based platform with real-time updates. Reported issues include slow mobile app performance, scanning glitches, limited integrations and export problems. Pricing appears in two lines in the review: Starting monthly price $33 per user (billed annually) and another line Starting Monthly Price $79.58 (annual contract required). Implementation/onboarding support is listed as Yes in the review; risk mitigation entries vary between Yes and No in different lines in the excerpt.

ManageEngine AssetExplorer automates discovery of hardware and software, identifies relationships when network configurations change, maintains histories of routers, switches and IP-addressed devices, and produces visual maps for root-cause analysis. It supports multiple operating systems including VMware and Unix variants and helps track licenses and vendor contracts. Starting monthly price listed is $19 per agent (billed annually). Implementation/onboarding support is Yes and risk mitigation is Yes. Users praise affordability and core features but report setup and cloud integration pains.

Freshworks Freshservice includes a CMDB that produces up-to-date maps of asset dependencies, can run a one-click compliance audit across on-prem and cloud assets, and generates topology maps. The review shows a starting monthly price of $249.58 for five users (billed annually). Implementation/onboarding support is Yes and risk mitigation is listed as No. User reviews were mixed on ease, price and integrations.

Other notable vendors in the review: Wasp Barcode AssetCloud Complete (audit windows, blind audits, multiquantity tracking; starting monthly price $219), Lansweeper (active and passive discovery with risk scoring for rogue devices), ServiceNow Asset Management Executive Dashboard (combined software, hardware and cloud cost views), Flexera One (cloud and software visibility with optimization templates; $62.50 per month), InvGate (agent-based and agentless discovery with AI search), and Reftab and EZO with lifecycle and RFID features.

Wealth management hires

A private wealth team called The MK Group moved its practice to a national wealth firm in Austin, Texas. The MK Group managed $500 million in client assets and produced more than $3 million in annual revenue. The team joined on April 17 after an 18-month due diligence process. The move was part of a week that included other notable team transfers.

Separately, a regional bank and wealth company announced that Greg Allison joined its wealth division as a senior managing director and portfolio manager based out of the Summit office. He previously worked at a private bank in Austin, Texas and led teams managing large books of assets. The bank holding company reported total assets of $7.2 billion and assets under management and/or administration of $12.3 billion as of June 30, 2025.

Student housing sale in San Marcos, Texas

An investment firm based in Austin, Texas announced the sale of The Oasis, a 672-bed student housing property in San Marcos, Texas. The firm bought the property in Q1 2022 and sold it in Q2 2024, saying it doubled net operating income during the hold. The Oasis was 99.3% occupied and 100% pre-leased for the 2024/2025 academic year at the time of sale. The property sits about 30 minutes from downtown Austin and two miles from the Texas State University campus. The firm renovated all 240 units, refreshed common areas and upgraded exterior and resident programming to drive rent growth.

Context and takeaways for builders, owners and IT teams

Asset management tools help businesses keep inventories accurate and spot devices or software at risk. The review shows wide variation in pricing models: some vendors charge by nodes or assets, others cap nodes, and some charge per user. Barcodes, QR codes, RFID and GPS are central to modern tracking. For owners and operators of construction sites, property portfolios or IT fleets, the key is choosing a tool that gives real-time visibility, supports audits and integrates with existing systems without ballooning costs.

FAQ

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“text”: “Palladius Capital Management completed the sale of The Oasis, a 672-bed student housing property located in San Marcos, Texas. Palladius purchased The Oasis in Q1 2022 and sold the asset in Q2 2024. Palladius said it doubled the net operating income (NOI) during its hold period. The Oasis was 99.3% occupied and 100% pre-leased for the 2024/2025 academic year at time of the press release.”
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Key product feature table

Deeper Dive: News & Info About This Topic

Additional Resources

• AdvisorHub: RBC lassos $500 million Merrill Private Wealth team in Austin
• Wikipedia: RBC Wealth Management
• NewMediaWire: Greg Allison, CFP® joins Peapack Private
• Google Search: Greg Allison Peapack Private Bank
• BusinessWire: Palladius sells Austin-area student housing property
• Wikipedia: Student housing
• TipRanks: Wilson Asset Management Group alters stake in Austin engineering
• Google Scholar: Wilson Asset Management
• CNBC: Austin asset management coverage
• Google News: Austin asset management

Author: Construction CA News

CALIFORNIA STAFF WRITER The CALIFORNIA STAFF WRITER represents the experienced team at constructioncanews.com, your go-to source for actionable local news and information in California and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Rose Parade, Coachella, Comic-Con, and the California State Fair. Our coverage extends to key organizations like the California Building Industry Association and Associated General Contractors of California, plus leading businesses in technology and entertainment that power the local economy such as Apple and Alphabet. As part of the broader network, including constructionnynews.com, constructiontxnews.com, and constructionflnews.com, we provide comprehensive, credible insights into the dynamic landscape across multiple states.