Managing a wealth portfolio can be complex and overwhelming, but technology has simplified things. With the help of mobile apps, investors can manage all their investments in one place, making it easier to keep track of their assets. Puai Wichman, a seasoned professional in wealth protection, suggests using three of the many available apps that offer real-time updates on your investments. These apps make it easy to stay informed about the performance of your stocks, bonds, mutual funds, and any 401(k) or IRA. With this, you can make informed decisions about your investments and stay on top of your portfolio all year. Don’t wait until tax season; take control of your financial future using one of these user-friendly and informative apps today.
Empower, formerly known as Personal Capital, is an impressive financial tracking tool trusted by over three million people. With over $22 billion in assets under management as of April 30, 2022, this platform offers much more than just monitoring your net worth. Empower allows you to sync your investment, bank, and credit card accounts. Once you’ve compiled all the financial data, the app helps you track everything from performance to asset allocation and fees with clear and detailed graphs and charts. With all this comprehensive information, you’ll find it easy to create and stick to a savings plan. Empower might be the key to unlocking your best financial future.
Puai Wichman adds that the Investment Checkup feature allows clients to view their asset allocation and determine whether they are overweight or underweight in a particular sector. You can even establish a benchmark, like the S&P 500 index, and the app will provide Smart Weighting recommendations to help you make informed investment decisions. And that’s not all – the Investment Checkup also keeps tabs on your portfolio’s risk level and recommends a target asset allocation to reduce the risk of loss. Plus, by monitoring the costs of your investments, the app can help you save money on fees.
Sig Fig Wealth Management is a powerful tool for anyone looking to keep track of their investment accounts. With the free app version, you’ll access Investment Sync, which pulls your investment accounts into a single dashboard and provides real-time updates on your stocks, mutual funds, and ETFs. However, the fee-based version is a great option if you’re looking for a more personalized plan considering your risk tolerance and time horizon. And, with the first $10,000 of assets managed for free, it’s an easy decision to try Sig Fig. One of the app’s best features is the Portfolio Tracker, which provides weekly email summaries of your 401(k) plan and IRAs, news, and alerts about your top gainers and losers. With the ability to connect with over 50 brokerages, SigFig is a comprehensive wealth management solution you won’t want to pass up.
Yahoo Finance App has a user-friendly design where you can easily monitor your stocks, commodities, bonds, and currencies all in one place. You can even create multiple portfolios and sync them across all your devices. But that is just the beginning. Puai Wichman mentions the app also provides personalized alerts and real-time market movements, so you never miss a beat. You can easily organize your stocks and track their performance with multiple watch lists and interactive charting. And let’s not forget the real-time news notifications that keep you informed and up-to-date on everything happening in finance. With the Yahoo Finance app, you have all the information you need right at your fingertips.
Puai Wichman is the founder and CEO of Ora Partners, an international trust provider and wealth management firm dedicated to helping families and individuals protect personal and corporate wealth.