Personal finance management
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Personal Capital

Personal Capital is a personal finance management software that allows users to keep track of their finances in one place. Some of the main features of Personal Capital include: Investment tracking: Personal Capital allows users to track their investments across multiple accounts and provides detailed analysis of their portfolio. Users can also receive personalized investment advice from licensed financial advisors. Budgeting and expense tracking: Personal Capital helps users create and manage budgets, track their spending, and identify areas where they can save money. Retirement planning: The software provides tools to help users plan for retirement by projecting their future income, estimating expenses, and recommending savings strategies. Net worth tracking: Personal Capital allows users to track their net worth by aggregating all of their accounts, including bank accounts, investment accounts, and assets. Fee analyzer: The software can help users identify hidden fees and expenses in their investment accounts, such as 401(k)s and IRAs. Mobile app: Personal Capital has a mobile app that allows users to access their financial information on-the-go. Overall, Personal Capital provides a comprehensive view of a user's financial situation and offers tools to help them achieve their financial goals.

Software Overview: What is Personal Capital?

Personal Capital is a personal finance management software that provides users with a comprehensive view of their financial lives. The platform allows users to track their net worth, investment portfolio, and retirement accounts in one place. Additionally, Personal Capital offers financial planning tools and services such as retirement planning, college savings planning, and access to financial advisors. The platform also offers a free version and a paid version with additional features.

What are the top features of Personal Capital?

Personal Capital is a personal finance management software that allows users to keep track of their finances in one place. Some of the main features of Personal Capital include:

Investment tracking: Personal Capital allows users to track their investments across multiple accounts and provides detailed analysis of their portfolio. Users can also receive personalized investment advice from licensed financial advisors.

Budgeting and expense tracking: Personal Capital helps users create and manage budgets, track their spending, and identify areas where they can save money.

Retirement planning: The software provides tools to help users plan for retirement by projecting their future income, estimating expenses, and recommending savings strategies.

Net worth tracking: Personal Capital allows users to track their net worth by aggregating all of their accounts, including bank accounts, investment accounts, and assets.

Fee analyzer: The software can help users identify hidden fees and expenses in their investment accounts, such as 401(k)s and IRAs.

Mobile app: Personal Capital has a mobile app that allows users to access their financial information on-the-go.

Overall, Personal Capital provides a comprehensive view of a user's financial situation and offers tools to help them achieve their financial goals.

What are the advantages of using Personal Capital?

Personal Capital is a financial management platform that helps individuals and businesses manage their finances, investments, and retirement planning. Some of the advantages of using Personal Capital for retail companies include:

Holistic view of finances: Personal Capital provides a comprehensive view of a company's financial situation, including all of their accounts, investments, and debts. This makes it easier to track expenses and identify areas where money can be saved.

Investment management: Personal Capital offers a range of investment management services, including robo-advisory, active investment management, and socially responsible investing. This can help retail companies grow their assets and achieve their financial goals.

Retirement planning: Personal Capital offers retirement planning tools and services, including 401(k) advice, IRA rollover services, and retirement income planning. This can help retail companies ensure that their employees are on track for a comfortable retirement.

Budgeting tools: Personal Capital provides budgeting tools that can help retail companies track expenses, set spending limits, and optimize their cash flow. This can be especially useful for small businesses that are just starting out.

Tax optimization: Personal Capital offers tax optimization tools and services that can help retail companies minimize their tax liability and maximize their deductions. This can save businesses money and help them invest more in growth opportunities.

What is the pricing of Personal Capital?

Personal Capital offers two pricing options:

Free Plan: Includes financial tracking and basic retirement planning tools.

Wealth Management Plan: Includes access to a team of financial advisors, tailored investment advice, and personalized financial planning for a fee of 0.89% of assets managed per year for accounts over $1 million, or a flat annual fee for accounts under $1 million.