Portfolio management tools keep the modern investor organized and focused. They’re an excellent way to monitor all of your investments in one place, check in on your performance, and determine whether you need to make any changes to your holdings.
Increasingly, they’re also a window to the future, allowing you to see not only your current net worth, but what your future net worth might look like if you continue down the same path or in other scenarios.
Portfolio management software has advanced by leaps and bounds over the years, so they’re useful to intermediate and advanced investors. But even beginner investors can use these tools to create stock portfolios meant to achieve their goals.
In fact, the only downside to portfolio management solutions is the overwhelming number of options on the market right now. Many of these tools don’t necessarily offer the same combination of abilities, some don’t have proven results to back up their claims, and by the point at which most investors could evaluate each portfolio management system for themselves, they’d have lost out on vital time in the market.
Fortunately, we’re here to help narrow the field down to its very best products.
The stock portfolio management software tools and apps explained below are all backed by trusted companies and offer ample features to help investors. The information below should help you pick out the software that best fits your personal investment needs.
And once we’re done detailing the top portfolio management tools available today, we’ll also answer some frequently asked questions about portfolio management software.
Best Stock Portfolio Management Software Tools + Apps—Top Picks
Tools: Free. Wealth Management: Fees vary by assets invested.
Free Plan: Free. Starter: $10/mo.* Investor: $16/mo.* Expert: $21/mo.*
Essentials: $54.99/yr. Premium: $124.99/yr. Premium Plus: $194.99/yr.
Our Favorite Portfolio Management Tools
The most important factors to consider as you’re reading through our list are the features you value.
Our ranking system is designed to reflect overall function, breadth and quality of features, and price. However, while one portfolio management solution might be ranked higher than another, it won’t necessarily deliver a better experience if it doesn’t do the things you expect it to do.
1. Empower (Best Free Investment Portfolio Software)
- Platforms: Web, mobile app (iOS, Android)
- Available: Sign up here
Empower (Personal Capital is now Empower) has 3.3 million users, some of whom use free tools such as the Personal Dashboard, and some of whom use the Wealth Management service.
Empower’s Free Tools
The free Personal Dashboard makes it easy for people to add all their financial accounts in one place, including credit cards, savings, checking, loans, and tax-advantaged investment accounts.
Empower also provides a free Investment Checkup tool to assess your portfolio risk, analyze past performance, and get a target allocation for your portfolio. The tool will help you identify overweight and underweight sector investments (perhaps you have too much allocated to utilities, and not enough to healthcare, for example) and assess your diversification.
You can even compare your portfolio to both the S&P 500 and Empower’s “Smart Weighting” Recommendation, which suggests that investors more equally weight their portfolios across size, style, and sector—unlike the S&P 500, where the biggest stocks have the most effect on the portfolio, and there are huge differences in how much each sector is weighted.
The Empower Fee Analyzer helps you examine the fees you pay in your accounts, whether that’s advisory fees, sales charges, expenses, and other costs.
Other investing and personal finance tools include a Savings Planner, Retirement Planner, Financial Calculators, and more.
These services, of course, are also available with Empower’s full-service Wealth Management account—along with a number of other perks.
Empower’s Wealth Management Services
The Wealth Management plan better suits investors who want a fuller advisory experience. The service pairs automated tools with human management.
After you enter your risk tolerance, goals, time frame, and personal preferences, Empower creates a recommended portfolio. The portfolios are diversified across multiple asset classes and rebalanced when necessary. The six asset classes include:
- U.S. stocks
- International stocks
- U.S. bonds
- International bonds
- Alternative investments
Customers have the option to incorporate socially responsible investing (SRI) into their investments, too. In short, that means you can choose to invest only in companies that have positive environmental and social impacts.
Investors enjoy access to financial advisors who can help them make various financial decisions, from retirement planning to college savings to stock options and more. Empower’s financial advisors are available 24/7 by phone, live chat, email, or web conference.
Note that the Wealth Management plan has a minimum initial investment of $100,000. Investors with between $100,000 and $250,000 have access to a team of financial advisors. Those with more than $250,000 have access to two dedicated financial advisors. There are extra benefits for people who invest over $1 million, including lower fees.
Wealth Management Annual Fee Tiers
- $100,000-$1,000,000: 0.89%
- $1,000,001-$3,000,000: 0.79%
- $3,000,001-$5,000,000: 0.69%
- $5,000,001-$10,000,000: 0.59%
- $10,000,001-plus: 0.49%
Regardless of how much money you bring to the table, if you sign up, you will be given the option to schedule an initial 30-minute financial consultation with an Empower advisor.
2. Seeking Alpha Premium (Best Portfolio Analysis Report Software + Stock Portfolio Tracker)
- Platforms: Desktop (Windows and Mac), Apple iOS app, Android app
- Available: Sign up here
Seeking Alpha Premium caters to the needs of intermediate and advanced investors looking for an affordable, all-inclusive, one-stop shop for their investing needs.
SA Premium builds on the site’s free portfolio tracking service. When you build a portfolio in Seeking Alpha, you can receive email alerts about stock news, analysis, earnings reports, and transcripts, and use the company’s calendars to see when your companies report. You can also import your portfolio from your brokerage account, and SA’s Health Check will score it based on professional ratings of all your stocks, as well as show you strengths and weaknesses (say, strong valuations but weak corporate profitability).
Seeking Alpha Premium goes a step farther, allowing you to see Quant, Seeking Alpha, and Wall Street ratings for each stock in your portfolio. It also will send you alerts about upgrades and downgrades to your holdings.
Past that, SA Premium acts as an all-in-one investing research, stock tracking, and recommendation service that offers insightful analysis of financial news, stocks, and more—all designed to help you make better investing decisions.
Whether you’re looking to invest on the go or dedicate time for more in-depth research and analysis, Seeking Alpha provides features that meet your needs, including:
- Earnings calls transcripts
- Seeking Alpha Author Ratings and Author Performance metrics
- 10 years’ worth of financial statements
- Ability to compare stocks side-by-side with peers
- Access to dividend and earnings forecasts and much, much more.
Why Subscribe to Seeking Alpha?
In short, Seeking Alpha distills the relevant financial information for you so you don’t have to—making it easy for anyone interested in self-directed investments to have a chance at outperforming the market. Consider starting a free trial to take advantage of SA’s Premium services and see if they make sense for your needs.
3. Sharesight (Best Investment Management Software for Tracking Portfolio Performance, Including Dividends)
- Platforms: Desktop (Windows and Mac), mobile web*
- Available: Sign up here
Sharesight has an award-winning performance and tax reporting platform that empowers you to track stocks and exchange-traded funds (ETFs) from over 40 exchanges worldwide. It also allows investors to track more than 100 global currencies and follow unlisted, alternative investments such as fixed interest and investment properties.
All of this and more are available via Sharesight’s easy-to-use online portfolio tracker.
The service prides itself on being a spreadsheet replacement, allowing you to know the true performance of all listed holdings, across multiple asset classes, in a single place.
With powerful sorting features and the option to exclude closed positions, you can actively compare the performance of your holdings to numerous benchmarks of your own choosing. You also can see the impact of capital gains, dividends and currency fluctuations (if investing internationally) on your portfolio and against your benchmark.
These reasons alone qualify Sharesight to make this list, but where it truly excels is its dividend-tracking capabilities.
Income-generating assets are a powerful source of passive income for investors, so getting their amounts right is essential. You can do that via the website’s Taxable Income report, which allows you to see a running total of all your dividends, distributions, and interest payments over any time period. It can even break up distributions by local and foreign income. You can also use the platform to project expected dividend income based on announced dividend payments. And no more digging for dividend dates.
All you need to do is upload your holdings by either connecting to your broker or stock trading app, uploading a spreadsheet or manually entering your trading history or opening balance. Sharesight integrates with more than 170 online brokers worldwide and can readily add ones not yet available to the service with a simple request.
To get started, visit the Sharesight website and start a free trial to see how you like the service. The free trial allows you to track up to 10 holdings in one portfolio. From there, you’d need to consider one of their paid packages to track your full portfolio. They offer discounted annual plans by visiting their page through this link.
* Note: The Sharesight Reader mobile app retired Oct. 3, 2022, and was removed from app stores. Sharesight is still available on tablets and phones via mobile web.
4. Stock Rover
- Platforms: Desktop (Windows and Mac), mobile web
- Available: Sign up here
Stock Rover helps you keep tabs on your portfolio with detailed performance information, email performance reports, in-depth portfolio analysis tools, correlation tools, trade planning and re-balancing facilities.
The web-based applet works well as a stock tracking app for Windows, but also functions on Mac, mobile and tablets as well.
You can subscribe to this service for a number of applications:
- Stock Rover’s “Brokerage Connect” can show you a read-only data feed of your holdings across multiple brokerage accounts, providing you with a comprehensive view of your entire investment portfolio.
- A comprehensive alerting system allows you to find out immediately when something happens with your holdings that you should know.
- Stock Rover’s stock screener can help you expand your portfolio, showing you opportunities such as when companies trade below their perceived fair value.
Consider signing up for Stock Rover with a free 14-day trial. From there, you can decide if you’d like to continue with the service’s premium plans for more robust tracking and analysis.
5. Vyzer (Best Investment Tracking App for High-Net-Worth Individuals)
- Available via Desktop (Windows, macOS), mobile (Android, iOS) app
- Sign up here
Vyzer represents the best investment tracking app for high-net-worth individuals found on this list. It offers investment portfolio tracking, financial planning tools, and wealth management solutions for both public and private investments.
The digital wealth management platform also distinguishes itself by serving as the only service that combines public and private investment performance tracking. Vyzer keeps tabs on all of your investments in one place, providing a comprehensive view of your entire portfolio so you can easily monitor its performance. It supports all of the following accounts and asset classes:
- Real estate (syndications, funds, rental properties)
- Private equity funds (venture capital, hedge funds, debt funds)
- Private companies (startups and small-to-mid-sized enterprises)
- Investment accounts (Brokerage accounts, pension plans, 401(k), IRA, Roth IRA)
- Bank accounts (18,000+ banks worldwide)
- Crypto (Binance, Coinbase, BTC + ETH addresses, and more)
- Precious metals
You can even track investments you co-hold with others, and organize your investments under different holding entities.
Vyzer is designed for investors with diverse portfolios and multiple sources of income. It allows users to forward or upload any financial documents (think spreadsheets, investment documents, Schedule K-1s, quarterly statements, and more) and have the platform translate them into new assets or liabilities or update existing ones. After you link your bank accounts to the platform, Vyzer analyzes your transaction data with artificial intelligence to identify which transactions link to which assets or liabilities you’ve added to your account. This feeds the system’s cash flow tools.
Once you load all of your assets and liabilities into the dashboard, you can produce a cash flow forecast based on scheduled distributions, capital calls, expenses, and more.
Curious about how your peers handle their investments? Vyzer members can anonymously view each other’s portfolios to understand the financial products and funds they’ve invested in.
Vyzer has four different subscription tiers—one free, and three paid:
- Starter (Free): Like many free tiers, this is a “light” offering that provides limited functionality, including manually adding up to three items and syncing up to three financial institutions. This is recommended for users who are on the fence about Vyzer and want to take the software. Just note that the free tier does not include access to the mobile app.
- Plus ($29/mo., billed annually): This provides full Vyzer functionality (including mobile app access), as well as a much higher number of connections. Specifically, you can manually add up to 15 items and sync up to 10 financial institutions. It also includes Basic support (online chat and email assistance, responses typically within one business day).
- Premium ($79/mo., billed annually): This plan, geared toward much larger, more complex portfolios, has similar functionality as the Plus plan, but with more reporting features and far more connections. Specifically, with Premium, you get 120 manually added items, 30 synced institutions, and 30 cash flow scenarios. Support is also upgraded, to Preferred (faster response times, usually within a few hours).
- Family Office ($699/mo., billed annually): This tier is recommended for ultra-high-net-worth individuals (UHNWIs—investors with a net worth of $30 million or more) who want comprehensive family office services. All Vyzer features are unlocked with this plan (naturally), plus you’re given a private account manager and Priority support (response in an hour or less, as well as phone support).
Empower, found earlier on this list is the closest comparison to Vyzer. The platform is different from Empower in four main ways:
- Vyzer doesn’t offer active wealth management.
- Vyzer can track more asset classes than Personal Capital (Empower)
- Vyzer offers more flexibility in adding new data to your account, and requires less effort.
- Vyzer charges a flat monthly fee (or a discounted annual fee) that you pay from outside with your investments, say with a credit card. Personal Capital takes its fees from portfolio performance.
If you are a sophisticated investor with a complex portfolio to track, consider signing up with Vyzer to follow everything in a single platform. Remember: If you’re on the fence, you can begin with a free Starter account—but if you’re ready to get all of your accounts synced up, you can sign up for one of the three paid subscription tiers.
Read more in our Vyzer review.
6. Quicken Classic Premier
- Platforms: Desktop (Windows and Mac), Apple iOS app*, Android app*
- Available: Sign up here
More than 20 million users trust Quicken Classic Premier as the best portfolio management software for their needs.
Quicken Classic Premier’s portfolio management software allows investment tracking for your entire portfolio in one dashboard. You can connect investments, banking, loans, retirement accounts, assets, private holdings, and more. In fact: Do you own your home? Premier gets real estate market values from Zillow so you always have an idea of how much your home is worth.
Having all of your investment accounts in one place makes it easy to see your net worth. Your investments automatically update. You can customize your views and reports to focus on what is important to you.
Not sure how to adjust your asset allocation and grow your investment portfolio? Quicken Classic Premier helps with portfolio management and provides robust analysis tools. No portfolio manager or asset managers are necessary.
Analysis tools include (but aren’t limited to):
- Morningstar Portfolio X-Ray
- Buy/Sell Preview
- Buy/Sell Optimizer
- By/Hold Analyzer
- Performance view
- Target allocations
- Investing activity reports
You can run “what if” scenarios, such as “What if I paid down my loans faster to save on interest?” There are also useful calculators to help plan for college funds, savings, loans, refinancing, and more.
The LifeTime Planner helps you prepare for retirement by running scenarios to see what would happen if your revenue streams increased or decreased, what would happen if you bought a new property, and other possibilities.
The software will help you create custom budgets and save for all of your various savings goals, such as an emergency fund, home renovations, vacations, and more.
Quicken automatically categorizes your transactions, and you can add your own customization rules if you want to have everything organized in the way that makes the most sense to you.
This portfolio management software also lets you view all your bills in one spot. You can pay your bills from Quicken for free as well with just a few clicks. And when tax season arrives, Quicken Classic Premier automatically generates your tax reports.
And sometimes, you might want to chat with a real person, so Quicken software comes with free phone and chat support.
* Note: Quicken Classic Premier does not have a standalone app, but it syncs with the Quicken mobile companion app for iOS and Android.
7. Morningstar Investor (Best Portfolio Management Software for Asset Allocation + Sector Weightings)
- Platforms: Web
- Available: Sign up here
Morningstar Investor is a rich platform of investment research resources for the buy-and-hold crowd, and one of its most important features is its net worth and portfolio management tools.
Within Morningstar’s portfolio manager, you can link up savings, checking, investment, and other accounts from more than 15,000 financial institutions to keep an eye on your nest egg, cash flows, and investments. Or if you’d just like to keep track of a few of your holdings, you can manually input basic information about your stocks, funds, even individual bonds and cash.
One of my favorite tools within the portfolio manager is Morningstar X-Ray, which evaluates your portfolio and tells you where you stand on asset allocation, sector concentration, geographic holdings, and even equity styles (large/mid/small, value/core/growth). It also tells you how your portfolio compares to benchmark portfolios with varying amounts of risk.
If you hold a mix of individual stocks and funds, you’ll want to check out the Stock Intersection feature, which shows you how much of your portfolio you really have invested in a stock. Many of your funds might hold large positions in the same stock or handful of stocks, leaving you overexposed and less diversified than you realize.
With Morningstar Investor, you can also:
- Research thousands of stocks, mutual funds, and ETFs using Morningstar’s screening and charting tools, as well as its proprietary ratings systems.
- Set up stock and fund watchlists
- Enjoy stock news and commentary that’s tailored to your holdings
- Screen for securities that match your investing goals using a variety of performance and valuation metrics
- Follow Morningstar authors so you can check out their latest articles, videos, and podcasts as soon as they’re posted
Not sure if Morningstar Investor is right for you? Try it out with a free seven-day trial. You can check out the current deal, as well as discounted rates for students and teachers, in our details box below.
What Is Portfolio Management Software?
Portfolio management software shows you the “big picture” of your investment portfolio—and depending on the service, the rest of your finances, too.
Through investment tracking, you can see how your investment portfolio is performing and determine whether you need to adjust your asset allocation. The best portfolio management software options also offer tools to help you make informed personal finance decisions.
Which Software Is Best for Portfolio Management?
Some of the top portfolio management software available today are Empower, Seeking Alpha, Sharesight, Stock Rover, Quicken Classic Premier, and Morningstar Investor. These are all explained in more detail above.
The best portfolio management software for you depends on the device(s) you want to use the software on, your budget, and the tools that are most important to you.
For example, while Morningstar Investor and its Portfolio X-Ray investment management software is an excellent option, it’s only available on desktop. (Technically, you can log in using a mobile browser, but it’s not optimized for it and the experience is lacking.) If you want to do portfolio management from your phone, then X-Ray is likely not for you.
Some software is free (or at least has a free tier), including Empower, Sharesight, and Stock Rover. Other portfolio management tools cost money and might be out of your budget early on. But it’s worth noting that many investors find these tools help them make back their fees—with plenty more to spare.
Finally, consider which features are most important to you and see which software offers those features. Is it important to you to have access to human financial advisors? Do you want to compare your stocks to benchmarks or other stocks? Do you need advice about asset allocation? The answers to these questions will help you pick your software.
How Do I Manage My Stock Portfolio?
When you’re choosing stocks and funds, you have to consider a few things, including risk tolerance (are you OK with a volatile market or not), goals (what are you investing for?), and time horizon (how long do you have to invest?).
Unless you’re an experienced investor, you’ll either need advice from asset managers or to use investment portfolio management software to manage your investment portfolio.
A professional portfolio manager and some portfolio management software can tell you if your investment portfolio is balanced, or if it’s too heavily weighted in, say, a particular industry, or in small caps, or in European stocks.
Your investment portfolio management software should also have tools to help you compare stocks, evaluate exchange-traded funds and mutual funds, run scenarios on how your investment portfolio would perform in certain situations, and more.
If you’re a long-term investor using trusted portfolio management software, once you’ve chosen your investments, you should only have to check in occasionally on your progress. Indeed, unless you’re a day trader, you shouldn’t have to check your investments every day.
Related Investment Portfolio Management Software Questions
How much does investment portfolio management software cost?
Investment portfolio management software can range anywhere from free to more than $1,000 a month if you’re looking for advanced products and features. But remember: That expensive management software is probably only worth it for advanced investors who can make the most of all those tools.
Some beginners can get by with free investment portfolio management software, while other beginners and intermediate investors might want to upgrade to paid software, which can range to a few dollars a month to a couple hundred dollars per year. If you’re using highly rated software and taking the time to learn most of the important features, you can usually quickly make your money back pretty quickly.
Is investment portfolio management software worth it?
Investment portfolio management software is indeed worth it for many people.
But not everyone.
It isn’t worth it for people who don’t want an active role in their personal finance decisions. Some investors like to put all of their money into a mutual fund or a couple of exchange-traded funds and call it a day.
It’s also not worth it for people who would prefer to pay a portfolio manager to run their portfolios for them. At that point, portfolio management software would simply be overkill.
However, if you want to actively make decisions about your own investment management, and you want to choose a variety of holdings, well … investment portfolio management software is very much up your alley.
The best portfolio management software will not only scratch that itch, but it typically will pay for itself by helping you make better investment decisions. Just remember: There can be a learning curve for these and any other financial tools.
If you’re unsure if you would find these types of software valuable enough, consider trying out a tool that offers a free trial. Many software platforms and apps offer free trials ranging between seven days and a full month.
What is the best way to track investments?
When you have multiple brokerage accounts from different financial institutions, it can be difficult to keep track of all of your investments.
Spreadsheets can take a substantial amount of time, are prone to human error, and don’t give you advice on adjustments to make. Some people choose to hire portfolio managers to track their investments, but these professionals can be expensive. And while some managers do allow for a lot of input on your part, others strictly stick with their own investment management system, leaving you with very little control.
Investment portfolio management software, however, is a great way to track all of your holdings, across all accounts, in one place, while taking as much control as you want. This type of software makes it simple to track your net worth, can show redundancies in your investments, lets you try various investment scenarios, and more. Best of all, it automatically updates itself with information from your brokerage accounts.
Is there an app that tracks your stock portfolio?
Yes, there are mobile apps that can track your stock portfolio and let you handle portfolio management. Empower, Seeking Alpha, and Quicken Classic Premier all offer mobile apps, and they’re explained in previous sections.
Many users appreciate the convenience of being able to check how their stocks are performing from anywhere they have service. The information automatically updates and provides a broad picture of your investments in one spot.
How can I see all my investment accounts in one place?
You’ll need portfolio management software that lets you sync up information from all of your different investment accounts.
These programs typically will show you your net worth, help you optimize your portfolio, and allow you to make adjustments where necessary.
Looking at all of your investments in one place has an important benefit: avoiding overweights. When you have your investments split across multiple accounts, it’s much more difficult to determine whether your portfolio is too heavy in one particular sector, industry, stock size, or geography, and too light in another. All-in-one dashboards help you get a clearer picture of your entire investment picture.
Which services offer investment management?
Empower is one of the few portfolio management tools that also offers an investment management service.
As mentioned before, Empower’s free Personal Dashboard lets you see all of your financial accounts in one place. You can also use the free Investment Checkup tool to assess your portfolio performance, risk level, asset allocation, and more.
However, Empower also offers Wealth Management services to people with at least $100,000 in assets. This service allows you to tap the knowledge of Empower’s financial advisors, as well as the company’s tools, helping you maximize both resources.
Users enter information on their goals, risk tolerance, and more, and the service will recommend a portfolio. Anyone with questions can call the financial advisors around the clock for portfolio management advice.