Your portfolio might include any combination of financial assets such as stocks, bonds, mutual funds, ETFs, 401(k)s and IRAs. Keeping track of all these assets can be a challenging, if not a daunting, task. It's important to routinely know what’s going on with all your investments — not just once a year when you get your tax forms in the mail. (See also: Top 5 Apps for Traders.)
Fortunately, there are a number of mobile apps that offer up-to-the-minute information on all your investments in a one-stop place. Here are four popular portfolio management apps that track your investments at a glance:
Personal Capital Finance
Platform: iOS, Android, Amazon
More than 1.5 million people track their finances with Personal Capital, which integrates with more than 10,000 financial institutions, among them Fidelity, Charles Schwab Corp. (SCHW), PayPal Holdings (PYPL) and Wells Fargo & Co. (WFC). Sync nearly any investment account, including retirement and taxable accounts, and then track performance, allocation and fees with easy-to-read graphs and charts. Track investments by account, asset class or individual security. The Personal Capital “You Index” tracks your holdings and measures their performance against major market indices, so you can see how you’re doing across your stock, cash, ETF and mutual fund positions. The Portfolio Checkup feature determines whether you can save money on mutual fund fees, and the Asset Allocation Review uncovers opportunities for diversification. Work with a personal wealth management advisor to discuss your investment needs via FaceTime, email or phone. The app's bank-level security uses a two-step remote authentication process.
SigFig Wealth Management
Platform: iOS, Android
Use investment company SigFig's Wealth Management app to track all your investment accounts for free. SigFig automatically pulls your investment accounts from more than 80 U.S.-based brokerages into a single dashboard to give you a real-time view of every stock, mutual fund, ETF and option you own. Plus, it provides snapshots of your 401(k) plan and IRAs. You’ll get weekly email summaries of account performance, news that impacts your portfolio, and alerts that focus on your top gainers and losers. The app automatically analyzes your portfolio to find hidden fees and overexposure to a single stock/industry. For a fee, users can optimize their returns with automated investing. SigFig will optimize your portfolio and provide daily monitoring to keep it on track with rebalancing, dividend reinvestment and tax-efficient strategies.
Ticker: Stocks Portfolio Manager
Platform: iOS, Android
The Ticker app lets you manage multiple stock portfolios — think growth, technology and retirement portfolios — from one dashboard. Colorful charts, graphs and detailed analytics show real-time account values, profit/loss, daily profit/loss, allocation money-weighted rate of return (MWRR) and time-weighted rate of return (TWRR), plus symbol-relevant news. Manually enter trade information for stocks, currency pairs like EUR/USD, mutual funds and ETFs, including dividends, splits, buy/sell orders, ticker symbol, trade size, price, date and brokerage fees. Keep track of stocks with multiple watch lists, and create alerts to notify you if a stock trades above or below a trigger level you set, based on price, volume and percent changes.
Platform: iOS, Android
The Yahoo! Finance app has a simple-to-use design, so you can easily track your stocks, commodities, bonds and currencies. Get personalized news and alerts and follow market movements in real time. Adjust the watch-lists and get live quotes as you monitor your portfolio's performance. More than 1 million users have downloaded this personal finance app. Yahoo! Finance is one of the largest business news sites in the U.S. with data, commentary and press releases among its daily content. Of course, Yahoo! Finance app users also have fast access to this breaking information at a glance.
The Bottom Line
Portfolio management apps track your investments easily, from anywhere and at any time. Some apps sync with your existing accounts while others require you to manually enter information on your holdings. In either case, such apps provide up-to-the-minute information – so you know where you stand now – as well as provide tools to help you get where you want to be in the future. (See also: 5 Popular Portfolio Types.)