Personal Capital made our list of the best portfolio analysis tools primarily because of the huge variety of calculators and charts that it offer. In addition to the mosaic chart, Personal Capital can track your net worth, cash flow, and will provide personalized investing recommendations and insights.
Although Personal Capital is a free tool, there are a few strings attached. When you first sign up, you may receive a few calls from financial advisors looking for your business.
Read our full Personal Capital review here. Portfolio Visualizer is one of the most robust portfolio analysis tools on the market. It specializes in Monte Carlo simulations which give the probability of a portfolio lasting a specified period of time , backtesting, and various forms of asset allocation analysis.
The tool also provides some insights into timing strategies. Portfolio Visualizer is ideal for investors who enjoy tinkering with their portfolio. Morningstar is one of the premier portfolio analysis tools for everyday investors looking to understand more about their investment portfolio.
The X-Ray tool also gives a deep dive into each mutual fund or ETF to give details that other analysis tools might miss. Read our full Morningstar Review here. The portfolio analysis tools outlined above are excellent. A lot of times, the best tools for improving your finances are tools that help you manage your cash flow. For this type of need, a free app like Mint , Clarity Money or Emma may make more sense. For the spreadsheet inclined, Tiller Money can help with net worth tracking and cash flow management.
Or if you wanting to see how your investing portfolio fits into your overall financial plan, tools like Savology or NewRetirement could be better options. You can learn more about him on the About Page , or on his personal site RobertFarrington.
He regularly writes about investing, student loan debt, and general personal finance topics geared towards anyone wanting to earn more, get out of debt, and start building wealth for the future. You can see how your portfolio is performing, receive alerts about the assets in your portfolio and read information from authors that know those assets very well.
Plus, the grades and ratings for each stock help you decide when to get out of an investment. You can review new stocks that have the same information, keeping your portfolio as healthy as possible. We like to think of Personal Capital as Mint with an investing kick. Personal Capital monitors not only your portfolios, but your bills, bank accounts and credit card statements. Personal Capital will survey your risk profile and keep your asset allocation on target.
Price : Free. Delta Investment Tracker allows you to get live access to the price movements of all popular stocks, cryptocurrencies, ETFs, indices, mutual funds, bonds, futures, and options. Follow your favourites and get notified when a significant change has happened for an asset you follow. No delays, always in the know. You can see your investments and trends in one place regardless of whether you have just one portfolio or more.
Moreover, with its dynamic capabilities, it does not matter whether you are fully invested in stocks, crypto or ETFs, Delta adapts itself to you.
All your portfolio holdings, integrated into a beautiful view of the core market detail. M1 Finance shows your holdings as slices of a pie. All you need to do is assign a percentage to each slice, fund your Pie and you have a portfolio of stocks. It has an in-house asset management team for those who prefer to invest passively but maximize returns. This feature is great for investors who are transitioning from a robo-advisor. And M1 Finance has no brokerage commissions and fees.
Ziggma is the first investing platform that has been specifically designed to help investors track and manage their portfolios better. With Ziggma, you can automatically track the true performance of all your investment portfolios in one single place and in real-time. Simply link your bank account s and try it for free. And very granular detailed it need it to be.
It helped me make my own portfolio back testing it that beat the SP about six times. But trying to find money to make use of my plan! Financial people knock backtesting but I am sure they use it too. And probably had supercomputers to do highlevel views of sentiment of the public, corp earning changes, political and world influences, job less rates etc. Thanks for writing in. Hi Barbara, this is a great and thorough analysis. I am looking for a very specific use case and hoping you know of a tool that could help.
In this example, we can use Microsoft as the stock. I have a portfolio of around 40 etfs. My ETFs have much crossover in holdings but vary enough to hold multiple.
For example, how much Microsoft do I own or what percentage of my total etf portfolio reliant on Microsoft. I also know that ETFs are occasionally rebalanced or adding and removing stocks.
I would check out Morningstar xray. They may be able to tell you how much of an overlap you have in your holdings. Good luck, Barbara. Hi D, All financial accounts at major banks and financial companies have insurance to cover losses.
PC has the same level of security. If brokers offered a read-only OAuth login for systems like PC, it would make sense and then be secure. Is there a Canadian version of Personal Capital Software? Can you recommend a software platform that has been Canadianized I.
Do any of these software tools let one do the following? Or you might want to check out Zoonova dot com. Good luck. Hi Barbara, thank you very much for putting together this article. It was highly instructive. As some other readers, I am mostly focused on investment portfolio management. However, after reading your article I have made a note to check out Personal Capital in more detail.
You mentioned sigfig which I also think is a nice tool. However, in this category, I believe the Ziggma Portfolio Manager really stands out. It has been built from a portfolio management perspective, contrary to almost all other platforms I know. To get started you simply link your bank account via Plaid so I think it is trustworthy, but in any case ziggma takes no confidential information other than the email address after which you get portfolio level analytics on risk, diversification and fundamentals on your investment portfolio.
I am not going to go into too much detail here, just wondered what your thoughts were and why they did not make the list. It is a very recent product so it may not even have been around at the time you wrote this article. The Ziggma Portfolio Manager is really helpful when it comes to monitoring and optimizing a portfolio. There is a feature called smart alerts. It allows you to set alerts, such as maximum exposure to a single company, which when hit trigger an email to notify you of the event.
With this alert in place, I no longer have to watch for my exposure limits. As the Investment Account Manager, ziggma is conceived for investment management, not budgeting or financial management tasks. However, in my view it has two major advantages. Let me know what you think. By Barbara A. The Best Portfolio Management Software Makes Your Life Easier Investors need the best portfolio trackers to monitor their mutual and exchange traded funds, individual stocks and bonds for many reasons.
Personal Capital 2. Quicken Premier 4. Investment Account Manager 5. Sign up for Personal Capital. What is investment management software? What is the best portfolio tracker app? What is the best investment tool? Which is better — Personal Capital or Mint? Sold separately.
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