That’s it, you’re finally ready.
You’re ready to choose your best portfolio tracker and make the switch.
After you read just one. more. article.
At the end of this blog post comparing Personal Capital vs. Quicken vs. Kubera (a new contender you might not have heard of before), you’ll know the key features of each tracker and be prepared to choose the best solution for your needs.
Why you Need a Portfolio Tracker
If you’ve been searching for the right portfolio tracker for so long that you’re starting to wonder if you can just do without, don’t give up!
While it might seem like just another profile you have to keep track of, it’s so much more than that.
A wealth dashboard helps you not only keep track of but build a portfolio that’s diverse enough to remain stable and relevant in today’s somewhat uncertain financial environment.
A portfolio tracker is also the best way to see patterns in your finances over time — which means you can plan for future trends and set realistic goals that align with your expenses and habits. In addition to patterns, the right software also provides insight into your net worth, which is a single number by which you can keep an eye on your financial health and how it changes (ideally in an upward trajectory) over time.
And then there’s the fact that effective wealth tracking can simply make you feel better. In fact, close to 60% of people say they feel that using wealth management tools improves their quality of life.
That’s great news considering that, in 2020, three-quarters of people reported feeling anxious about their finances.
Now that you know why it’s so important that you choose the portfolio tracker that’s perfect for your lifestyle, let’s discuss some of the top choices on the market: Personal Capital vs. Quicken vs. the newcomer, Kubera.
Let the Portfolio Tracker Comparison Begin: Personal Capital vs. Quicken vs. Kubera
Ready to track your net worth, diversify your portfolio, set achievable goals, and take the stress out of your financial life?
Then get to reading. Because by the time you’re done with this article, you’ll have the info you need to choose the just-right wealth management solution for you.
Kubera: Affordable and Complete Portfolio Management for Modern, Diverse Investors
We wouldn’t want you to compare the best portfolio trackers without considering Kubera — a new but special addition to today’s top portfolio trackers.
What makes it such a unique contender in the Personal Capital vs. Quicken vs. Kubera debate?
The fact that Kubera is the only all-in-one wealth tracker that enables users to track everything from traditional financial accounts to stocks, major fiat currencies, domains, real estate, vehicles, real estate, collectibles, metals, and even crypto and DeFi assets! (Here are just some of the banks, crypto exchanges, and other accounts Kubera supports.)
In addition to Kubera’s integrations with cutting-edge aggregators that make it easy to connect with and automatically update various financial accounts, the platform also includes tickers to help users track individual stocks and crypto coins.
To monitor other key assets, Kubera’s partnerships with asset experts like Zillow and EstiBot can keep track of the real-time market value of real estate investments, web domains, and beyond.
And there’s no need to worry about how you’re going to keep track of all your different financial accounts if you move around a lot or if they started out in different currencies. With Kubera, you can create multiple dashboards if you want to monitor assets in different currencies. Or, you can take advantage of the currency conversion feature to automatically view the accurately converted value of your accounts in your preferred currency.
And for a final twist that makes Kubera truly unique in the Personal Capital vs. Quicken vs. Kubera showdown: Beneficiary management.
Kubera’s beneficiary management feature provides a safe space for important financial documents — like wills and trusts — as well as the capability for users to add a trusted beneficiary who will receive access to them as well as the rest of your portfolio when you’re no longer able to care for them yourself.
Try Kubera Today
The ease of use doesn’t stop at the financial monitoring and management features, it extends to Kubera’s payment plan.
An affordable monthly or yearly subscription to use Kubera is how the platform can stay in business without selling your data, incorporating ads, or pushing annoying upsells.
Or, you might even be able to use Kubera for free if your financial professional adopts their white-label solution.
Bottom Line: Kubera is an all-in-one portfolio tracker that’s most ideal for modern HNWIs who need to monitor and manage a diverse and changing array of accounts and assets.
Quicken: Subscription-Based, Budget-Focused Software for Everyday Investors
Quicken is a well-known and trusted provider of financial software for home and business.
On the portfolio tracking front, Quicken users can monitor and manage traditional financial properties including credit card, investment, bank, and retirement accounts.
In addition to traditional account tracking, Quicken has a unique focus on personal financial planning with capabilities that enable users to build their own budgets, track spending, and manage and pay their bills thanks to integrations with thousands of different billers.
Another distinctive feature is Quicken’s portal where users can manage rental properties and many of the financial details that accompany them.
And of course, most readers won’t be surprised to learn that Quicken even has a plan for users who want to manage business and personal finances side by side.
Speaking of plans, Quicken users can choose between four different subscription plans that start at just over $35 per year and come with a money-back guarantee if users aren’t satisfied within 30 days of signing up.
Bottom Line: While Quicken does track some financial accounts, its features make it a good fit for investors who are more interested in financial lifestyle management tools like budgeting, rental and small business management, and beyond.
Personal Capital: Fee-Based, White-Glove Financial Planning Software and Support for Wealthy Investors
About Personal Capital
Another recognized tool in the finance space is the wealth management platform Personal Capital.
Personal Capital is a nicely built app with a “free” tier where users can connect and track bank, investment, retirement, and credit card accounts; loans; and even crypto exchanges.
And what can users do with all this information? Personal Capital has a lot of features, including a net worth calculator, a cashflow view, a simple budgeting tool, an investment checker that can tell users how their investments are performing, a fee analyzer that susses out hidden fees, and a savings planning capability that can be applied to retirement and more.
And there are plenty more features included when you pay for Personal Capital, most of which revolve around different levels of hands-on wealth advice and management from Personal Capital’s team of advisors.
The paid tiers open up to users once they reach $100K+ in tracked assets and the fees start at .89% of the value of assets under management (AUM).
While Personal Capital certainly has some powerful features, we feel it’s important to address the elephant in the room and the reason we put the word free in quotation marks above.
With Personal Capital, the “free” tier comes at a cost. One is the endless upselling calls that some users have reported receiving for years. Another is the fact that Personal Capital uses your information to market to you other financial services in which they think you’ll be interested.
Knowing this, we recommend personal Capital only for informed investors who have a lot of assets to track and actually want the white-glove service their professionals provide.
Bottom Line: Personal Capital may have a free tier, but its best features are designed for wealthy investors who want hands-on support from professional advisors (and don’t mind the sliding fees that come with it).
Personal Capital vs. Quicken vs. Kubera: What’s Your Choice?
Hopefully the above breakdowns gave you some clarity in the Personal Capital vs. Quicken vs. Kubera debate.
Ready to get started with one?
We’ll make it easy for you to try the most modern, complete, and affordable wealth tracker on the market. All you have to do is sign up for Kubera right now or share Kubera with your financial professional to start building, tracking, and growing your diverse portfolio today.