It’s tough keeping track of all of your money and investing accounts.
There’s your savings, checking, Roth IRA, Traditional IRA, 529 plans, investing accounts, 401(k) plans… it can go on and on. If you’re lucky some of those accounts are with the same company so you can see a few of your accounts in one place. But odds are you’re still going to need to jump around to get a complete picture of your finances.
It’s not impossible to track everything, for sure, but it can be a pain switching between accounts to see exactly what you are invested in for which account.
Wouldn’t it be great if you had one place that can give you a snapshot of your money?
And then wouldn’t it be awesome if you could get a better idea of your allocations to better make sure you are diversified in the right places? Oh, and if you could see what your fund fees were costing you in one spot that would be nice too, right?
Some objective financial advice based on your accounts would be a sweet thing to have access to as well, wouldn’t it?
Enter Personal Capital.
Personal Capital describes itself as “Your Next Generation Financial Advisor”, and it may be just that.
Not only does the application allow you to combine your various financial accounts in one place, but it also provides expert, personal investment management with low fees.