Investment tracking is a crucial aspect of managing your financial portfolio. Keeping a close eye on your investments helps you monitor performance, make informed decisions, and achieve your financial goals. In this article, we will tell you about the top 9 Investment Tracking Software of 2024. So, keep reading to learn more about the top investment management software.
Top Investment Tracking Software of 2024
Here are the top Investment Tracking Software of 2024:
1: Personal Capital
Personal Capital stands out in the realm of personal finance applications by prioritizing investment tracking and retirement planning. Unlike many other personal finance apps that focus on budgeting and spending, Personal Capital places a significant emphasis on managing investments and providing tailored advice for retirement. This review will delve into the features, advantages, and drawbacks of this platform.
Personal Capital Specs
Here are the specifications for Personal Capital:
|Free Credit Report/Score
Pros and Cons of Personal Capital
Here are the pros and cons of Personal Capital:
|Personal Capital Pros
|Personal Capital Cons
|Free: Personal Capital offers a range of features without any cost, making it accessible to a broad user base.
|Limited Transaction Management and Budgeting: While excelling in investments, the platform falls short in transaction management and budgeting features.
|Excellent User Experience and Investment Tracking: The platform provides a user-friendly interface, coupled with robust investment tracking tools.
|No Credit Health Information: Unlike some competitors, Personal Capital lacks tools for assessing credit health.
|Smart Category Assignment: The system intelligently categorizes transactions, simplifying financial management.
|Doesn’t Let You Manually Enter Transactions: Users cannot manually enter transactions, limiting flexibility in managing financial data.
|Personalized Retirement Planning: Personal Capital excels in offering tailored retirement planning advice based on your financial situation.
|Cryptocurrency Tracking: It includes features for tracking cryptocurrency investments, catering to users with diverse portfolios.
|Great Mobile Apps: Both the Android and iOS apps deliver a seamless user experience, extending the platform’s functionality to mobile devices.
|Good Customer Support: Personal Capital offers strong customer support, with helpful articles and a user-friendly help box.
Should You Use Personal Capital?
Personal Capital is a valuable tool for individuals focused on investment tracking and retirement planning. With its intuitive interface, personalized advice, and free access, it caters to those seeking insights into long-term financial goals. However, for comprehensive day-to-day financial management, including budgeting, credit health monitoring, and transaction management, alternative platforms like Mint and Quicken Deluxe may be more suitable. Personal Capital’s strengths lie in its niche focus, making it a valuable addition to a broader financial toolkit.
Kubera, a modern wealth tracking app, stands out in the financial tech landscape by offering a comprehensive solution for tracking net worth and investment returns across diverse asset classes. From cryptocurrencies to real estate and even digital assets, Kubera aims to provide users with a holistic view of their financial portfolio. In this review, we will delve into the app’s specifications, explore its pros and cons, and help you decide whether Kubera is the right choice for your financial tracking needs.
Here are the specifications for Kubera:
|Monthly: $15, Annual: $150 ($30 savings)
|Stocks, Forex, Cryptocurrencies, Precious Metals, Real Estate, Cars, Private Equity, Domains, Art, Digital Assets, and more
|Bank and Broker Integration
|Yes, with support for 20,000+ financial institutions
|Credit Score Monitoring
|Automated Transfer To Beneficiary
|Yes, after extended periods of inactivity
|Customer Support Options
|Email and Help Center
|Mobile App Availability
|14-day free trial
Pros and Cons of Kubera
Here are the pros and cons of Kubera:
|Spreadsheet-based portfolio tracking.
|Currently lacks a mobile version.
|Seamless integration with all major crypto wallets and exchanges.
|Higher subscription fee compared to other portfolio trackers or digital vaults.
|Easy storage of estate planning documents within a secure vault.
|Absence of portfolio analysis tools.
|Privacy-focused approach with no advertisements.
Should You Use Kubera?
Kubera is an excellent choice for individuals seeking a robust solution to track their net worth across a wide range of investment classes. Its unique features, such as connecting to major crypto exchanges, legacy planning tools, and a privacy-focused approach, make it stand out in the market. However, potential users should be aware of its higher subscription fee and the absence of certain features like portfolio analysis. If your primary focus is on holistic asset tracking and privacy, Kubera might be the ideal wealth management app for you.
Investing wisely requires in-depth knowledge and comprehensive analysis, and for those who prioritize fundamental and value investing, Morningstar stands as a beacon in the world of investment research. As a giant in the industry, Morningstar offers a plethora of resources catering to both seasoned and novice investors, covering a vast array of investments, from mutual funds to bonds. In this review, we’ll delve into the specifications, advantages, and drawbacks of Morningstar, helping you decide if it’s the right investment companion for you.
Here are the specifications for Morningstar:
|Mutual funds, stocks, ETFs, bonds
|Number of Investments Covered
|Free and Premium (Paid)
|Premium Membership Cost
|Monthly: $29.95, Annual: $199, Two-Year: $349, Three-Year: $449
|Free Trial Availability
|7-day free trial
|Investment thesis, Stock and mutual fund screener, Comparative benchmark performance
Pros and Cons of Morningstar
Here are the pros and cons of Morningstar
|Extensive Research: Morningstar’s coverage spans across mutual funds, stocks, ETFs, and bonds, providing a wealth of information for thorough analysis.
|Paid Membership Required: Access to premium content comes with a cost, limiting full features to paying subscribers.
|Best Investments Lists: Curated lists guide investors to choose the best stocks and funds, categorized for various investment goals.
|Annual Cost: The annual cost, especially for monthly payments, can be relatively high, reaching up to $359.
|Discounts Available: While the premium membership comes at a cost, long-term subscribers can benefit from discounts, making it more affordable.
|Investment Tools: Powerful tools like the Portfolio X-Ray, stock screeners, and portfolio monitoring aid in effective decision-making.
Should You Use Morningstar?
Morningstar caters to investors who prioritize fundamental analysis over technical charts. If you are a value investor seeking comprehensive research on stocks, mutual funds, and ETFs, Morningstar might be the right fit. While the cost is a factor, the discounts for long-term subscriptions make it more economical. However, if you are a chart-focused investor or seek free alternatives with competitive features, Morningstar might not align with your preferences.
For years, Mint has been a standout personal finance app, providing users with a comprehensive overview of their financial landscape. Offering a blend of features ranging from transaction tracking to budgeting tools, Mint has been a go-to choice for those seeking to manage their finances efficiently. However, recent developments in the app’s accessibility and the emergence of new contenders in the market have reshaped the landscape of personal finance management.
Here are the specifications for Mint:
|Free Credit Report/Score
Pros and Cons of Mint
Here are the pros and cons of Mint:
|Generous free version: Mint provides an extensive array of features even in its free version, making it accessible to a broad user base.
|Occasional bank connection problems: Users may encounter intermittent challenges when connecting Mint to their bank accounts.
|Great blend of features: The app offers a comprehensive set of tools, including transaction tracking, trend graphs, and budgeting capabilities.
|App organization could be improved: The app’s organization may feel crowded, especially for users accessing it through mobile devices.
|Good transaction tracking, trend graphs, and budgeting tools: Mint excels in providing detailed insights into transactions, trends, and budget management.
|Some features behind paywall: Certain advanced features are available only in the premium version, which is limited to iOS users.
|Includes credit score: Users benefit from access to their credit score within the app, contributing to a holistic financial overview.
|Very basic investment tracking: Mint’s investment tracking features are relatively basic, lacking depth compared to some competitors.
Should You Use Mint?
Mint, despite its imminent discontinuation, has historically been a reliable choice for personal finance management. However, factors such as occasional bank connection issues, an organization that could be more user-friendly, and the placement of certain features behind a paywall may influence your decision. If you prioritize a generous free version and a broad range of financial features, Mint could still be a suitable option until its shutdown. Nevertheless, given the evolving landscape, alternatives like Simplifi by Quicken may offer a more comprehensive and user-friendly experience.
In the dynamic world of stock and ETF trading, having the right tools at your disposal can make all the difference. Ziggma, a comprehensive stock and ETF research tool, caters to both casual and seasoned investors with a suite of features designed to enhance portfolio management and decision-making. Boasting over 20,000 users and linked accounts totaling $1 billion, Ziggma stands out for its free research and tracking tools, including a powerful stock screener, portfolio tracker, and premium features like the Top 50 Stock List and model portfolios.
Here are the specifications for Ziggma:
|Stock Screener – Portfolio Tracker – Ziggma Score – Climate Scores – Dividend Tracker
|$9.90/month or $89/year (7-day free trial)
|Top 50 Stock List – Guru and Model Portfolios – Portfolio Simulator – Backtesting
|Stock Screener Filters
|-Index – Sector – Industry – Ziggma Score – Valuation, Growth, Profitability, Financial Position, Climate/Technical (Multiple Metrics)
|Portfolio Tracker Scores
|Diversification – Risk – Fundamental – Technical – Dividends – Climate
Pros and Cons of Ziggma
Here are the pros and cons of Ziggma:
|Abundant Free Tools: Ziggma provides a wealth of free research and tracking tools, making it accessible for investors with varying needs.
|No Direct Trading: Ziggma does not support direct trading within the platform, necessitating execution of trades through linked brokerage accounts.
|Comprehensive Stock Screener: The stock screener offers detailed filters and customizable options, ensuring a thorough analysis of stocks and ETFs.
|Lack of Personalized Guidance: While offering extensive data, Ziggma falls short in providing personalized stock picks or guidance to users.
|Portfolio Simulator and Backtesting: Investors can simulate and backtest portfolios, allowing for strategic planning and risk assessment.
|Screening Filters Comparisons: Some competing platforms may offer more filters in their stock screeners, potentially providing users with more specific criteria options.
|Links to Brokerage Accounts: Ziggma conveniently links to most brokerage accounts, streamlining the portfolio management process.
|Top 50 Stock List and Model Portfolios: Premium members gain access to curated lists and model portfolios, aiding in investment decision-making.
Should You Use Ziggma?
Ziggma caters to a diverse audience, offering a plethora of free research and tracking tools along with premium features for those seeking more in-depth analysis and insights. If you value comprehensive fundamental data, portfolio simulation, and access to exclusive lists and portfolios, Ziggma could be a valuable addition to your investment toolkit. However, if direct trading within the platform or personalized stock picks are critical for your strategy, you may want to explore alternative options. Ultimately, Ziggma’s strengths lie in its research and analysis capabilities, making it a noteworthy choice for investors looking to enhance their decision-making process.
Managing personal and business finances can be a challenging task, but with the right tools, it becomes significantly easier. Quicken, a well-established personal finance software, aims to simplify financial management for individuals, entrepreneurs, and small business owners. In this review, we’ll delve into the specifications, pros, and cons of Quicken, helping you decide whether it’s the right solution for your financial needs.
Here are the specifications for Quicken:
|Home & Business
|Mobile companion app
|Income and expense categorization
|Custom savings goals
|Suggestions based on spending history
|Checking, savings, credit card support
|Track bills & subscriptions
|Projected cash flow
|Basic tax reports
|Track investment portfolio
|Updated home value with Zillow
|Import tax info from TurboTax
|Automatic investment portfolio updates
|Every 15 minutes
|Every 15 minutes
|Every 15 minutes
|Model tax implications of security sales
|“What-if” capital gains tool
|Morningstar portfolio X-ray tool
|Advanced tax reports
|Rental property reports
|Track business/rental income & expense
|Track accounts payable, receivable, P&L
Pros and Cons of Quicken
Here are the pros and cons of Quicken:
|Automatic Expense Categorization: Quicken’s ability to automatically categorize expenses streamlines spending management.
|Higher Cost: Quicken is pricier compared to alternatives like Mint or Simplifi.
|Comprehensive Budget Tracking: The platform proposes custom budgets based on recurring expenses, enhancing budgeting efficiency.
|Learning Curve: New users may find the advanced features overwhelming initially, despite comprehensive tutorials.
|Retirement Planning: Quicken simplifies tracking and planning for retirement accounts, providing a consolidated view of diverse portfolios.
|No Free Trial: While a 30-day money-back guarantee is offered, the absence of a free trial might deter some users from trying Quicken without upfront commitment.
|Property Management: Unique property management tools make it an asset for part-time landlords.
|Security: With 256-bit encryption and an ad-free model, Quicken prioritizes user data privacy and security.
Should You Use Quicken?
Quicken stands as a robust tool for managing finances, particularly catering to entrepreneurs, small businesses, and the self-employed. The advanced features may not justify the cost for standard users, but those in need of specialized tools for business, tax, and property management will find Quicken to be a valuable investment. While there are lower-priced alternatives, Quicken’s unique offerings make it a top choice for those seeking comprehensive financial management solutions.
In the ever-evolving landscape of robo-investing platforms, SigFig stands out as a service that aims to simplify portfolio management and investment tracking. Established in 2012 as an evolution from the acclaimed Wikinvest, SigFig has positioned itself as a registered investment advisory service offering both free and premium services. In this review, we’ll delve into the platform’s specifications, pros, and cons to help you make an informed decision on whether SigFig is the right fit for your financial goals.
Here are the specifications for SigFig:
|First $10k managed free; 0.25%/year for $10k+
|Taxable, Joint, Traditional IRA, Roth IRA, and more
|Tax Loss Harvesting
|Daily, Weekly, Monthly, Bimonthly, Quarterly
|Phone, Live Chat, Email
Pros and Cons of SigFig
Here are the pros and cons of SigFig:
|Free Portfolio Tracking: SigFig’s Portfolio Tracker is a useful tool for aggregating your entire investment portfolio in one place, offering a bird’s-eye view of your holdings.
|Limited Investment Platform Options: Users are restricted to Fidelity, Charles Schwab, or TD Ameritrade, potentially requiring a move for those invested elsewhere.
|Tax Loss Harvesting: SigFig provides tax loss harvesting, going beyond the norm by including tax-optimized sales, tax-efficient migration, and whitelisting for minimized capital gains taxes.
|Inaccurate Portfolio Advice: Some users have reported inaccuracies in the recommended portfolio advice, and certain funds suggested may have higher fees.
|Automatic Dividend Reinvesting: Dividends are automatically reinvested, and new cash contributions are invested to minimize cash drag.
|High Fees on Diversified Income Portfolio: The fee of 0.50% for the Diversified Income Portfolio is considered high in comparison to competitors.
|Account Security: SigFig manages your account but doesn’t take custody of funds, ensuring SIPC coverage for up to $500,000 in cash and securities in the event of broker failure.
Should You Use SigFig?
SigFig can be a valuable tool for aggregating and tracking your investments, providing insightful features like tax loss harvesting. However, its recommendations may not be as accurate, and the platform’s focus on previous performance rather than holistic asset allocation might be a drawback. If you prioritize aggregation and tracking features over portfolio advice, SigFig could be a suitable addition to your financial toolkit. However, for those seeking robust investment guidance, alternatives with more accurate advice might be worth exploring.
8: Stock Rover
Stock Rover is a comprehensive stock screening and research tool designed for value, income, and growth investors in the US and Canada. Founded in 2008 by Howard Reisman and Andrew Martin, Stock Rover has become a leading platform, offering a range of features, including screening, portfolio management, and 10-year historical data analysis. In this review, we will delve into the specifications, pros, and cons of Stock Rover to help you make an informed decision about its suitability for your investment needs.
Stock Rover Specs
Here are the specifications for Stock Rover:
|Charts, News, Watchlists, Broker Integration
|Screening, Portfolio, 10-Year Data
|Growth, Dividend & Value Investors
|Try Stock Rover Free
|25% During Premium+ Trial Period
Pros and Cons of Stock Rover
Here are the pros and cons of Stock Rover:
|Stock Rover Pros
|Stock Rover Cons
|650+ Financial Screening Metrics: Stock Rover offers an extensive range of financial metrics for in-depth analysis.
|No Social Community: Stock Rover lacks a social community feature for collaborative discussions and insights.
|Potent Stock Scoring Systems: The platform provides robust stock scoring systems for effective stock evaluation.
|Not Recommended for Traders: The platform is more suited for medium to long-term investors, not ideal for active traders.
|Unique 10-Year Historical Data: With a 10-year historical dataset, Stock Rover enables users to backtest screening criteria.
|No App for Android or iPhone: Lack of dedicated mobile apps may inconvenience users who prefer on-the-go access.
|Warren Buffett Value Screeners & Portfolios: The inclusion of Warren Buffett-inspired screeners adds value for investors.
|No Cryptocurrency or Forex Data: Stock Rover focuses exclusively on US markets, omitting cryptocurrency and forex data.
|Easy to Use: Despite its power, Stock Rover maintains user-friendly features, making it accessible to all levels of investors.
|US Markets Only: The platform’s analysis and data are limited to the US markets, excluding global market coverage.
|Real-time Research Reports: The platform generates real-time research reports, offering up-to-date insights.
|Broker Integration: Stock Rover seamlessly integrates with major brokers, enhancing portfolio management.
Should You Use Stock Rover?
Stock Rover stands out as a powerful tool for investors seeking detailed fundamental and financial analysis for US and Canadian stocks. With its easy-to-use interface and extensive features, it caters to value, growth, and income investors. The platform’s strengths lie in its huge historical screening database, visualizations, back testing capabilities, and excellent asset allocation features. While it may not be suitable for day traders or those desiring a mobile app, Stock Rover proves to be an asset for long-term investors looking to enhance their strategies and make informed investment decisions.
Empower, formerly known as Personal Capital, stands out as a leading financial technology product that seamlessly integrates various financial tools into a single, user-friendly platform. Founded in 2009, Empower has evolved to offer an impressive array of services, from free money management tools to comprehensive retirement and wealth management services. In this review, we’ll delve into the specifications, pros, and cons of Empower, exploring its features and evaluating whether it’s the right choice for your financial needs.
Stock Rover Specs
Here are the specifications for Stock Rover:
|Free Money Management Tools
|Empower provides an integrated platform to monitor spending, track bank, credit card, and investment accounts, including a crypto BETA tool for cryptocurrency investments.
|Retirement Management Tools
|The platform offers a comprehensive Retirement Planner, helping users assess their retirement readiness, simulate portfolio performance during recessions, and optimize withdrawals for tax efficiency.
|Wealth Management Tools
|Empower’s wealth management service, available for investments of $100,000 or more, includes a dedicated personal advisor, customizable portfolio allocation, and features like tax-loss harvesting and socially responsible investment portfolios.
|A free cash management account with competitive APY rates, providing flexibility in moving money within the account for users of Empower’s wealth management service.
|Users can set up savings goals without hiring planners, plotting out funds for retirement, emergencies, and major expenses. Empower calculates the required savings amount, incorporating factors like inflation.
Pros and Cons of Stock Rover
Here are the pros and cons of Stock Rover:
|Stock Rover Pros
|Stock Rover Cons
|Complete Financial Overview: Empower offers a 360° view of your financial life, consolidating information from various accounts in one platform.
|Limited Mobile App Features: While the desktop experience is rich in charts and graphs, the mobile app is more basic, lacking some visual elements found in the desktop version.
|Powerful Investment Checkup: The platform’s investment checkup provides valuable insights, and its advisory service offers personalized recommendations.
|Investment Checkup Limitations: The investment checkup, though powerful, may not provide concrete and actionable items for all users, potentially aiming to upsell the advisory service.
|Multi-Device Support: Empower is accessible on a variety of devices, including Apple iPhone, iPad, Apple Watch, Android, and desktop.
|Annual Management Fees: While most tools are free, the wealth management service incurs annual fees ranging from 0.49% to 0.89%, depending on the invested amount.
|You Index: A performance metric for stock, ETF, and mutual fund holdings, allowing users to assess the historical performance of their investments.
|User-Friendly Interface: Account setup is straightforward, and the user interface is well-designed for easy navigation and reporting.
|Custom Asset Allocation: Users can categorize unknown assets, allowing for a more accurate representation of their overall portfolio.
|Comprehensive Reporting: Empower provides detailed reports, similar to Morningstar’s X-ray tool, enabling users to analyze asset allocation and performance.
|All-Inclusive Wealth Management Fee: The annual fee for Empower’s wealth management service includes all management-related costs, with no hidden fees.
Should You Use Empower?
Empower is a compelling choice for individuals seeking a comprehensive financial platform that combines free money management tools, robust retirement planning features, and a wealth management service. The platform’s strengths lie in its ability to offer a complete view of your finances, powerful investment checkup, and user-friendly interface. If you value a consolidated and detailed overview of your financial life and are open to the possibility of utilizing a wealth management service for a fee, Empower is worth considering.
As we navigate the dynamic landscape of financial management, choosing the right investment tracking software becomes paramount. The top 9 Investment Tracking Software of 2024 presented in this article offer a diverse range of features to empower individuals in managing their portfolios effectively. From the holistic financial insights provided by Personal Capital to the comprehensive tools of Stock Rover, each software caters to different needs. Whether you prioritize user-friendly interfaces, robust analytics, or integrated wealth management services, there’s a solution for you. As you embark on your financial journey, explore these top-rated platforms to stay informed, make strategic decisions, and optimize your path to financial success in 2024.