What does a portfolio aggregation tool reveal about retirement finances that a bank or brokerage statement does not?
Portfolio aggregation tools consolidate all investment and banking accounts into a single net worth view — the way retirement finances are actually managed across multiple institutions. The fee analyser identifies hidden investment fees; many users discover they are paying 1–2% annually in fund expense ratios without realising it. The core features are free; the revenue model is an optional paid advisory service for larger portfolios.
Empower (Personal Capital)
Free financial dashboard that aggregates all accounts in one place — bank, investment, 401k, mortgage — with optional paid wealth management for $100K+.
Key Features
- Free net worth dashboard
- Retirement planner tool
- Investment fee analyzer
- Cash flow tracking
- Optional managed portfolios
Best for
Seniors who want a clear picture of their complete financial situation in one place.
Worth knowing
Expect follow-up calls from Empower advisors offering wealth management services.
What makes it worth considering?
Empower (formerly Personal Capital) offers the best free financial dashboard available. Connect all your financial accounts to see your net worth, spending, investment allocation, and retirement trajectory in real time.
Their free Retirement Planner tool runs Monte Carlo simulations to project whether your savings will last through retirement. For those with $100,000+ in investable assets, Empower offers actively managed portfolios with fiduciary advisors.
Frequently Asked Questions
Empower uses bank-level 256-bit encryption and read-only connections — they cannot move money on your behalf.
It projects whether your current savings rate and portfolio will support your desired retirement lifestyle, accounting for market variability.
How does it compare?
Other options in this category worth considering.
| Product | Price | Best for |
|---|---|---|
| Empower (Personal Capital) This pick | Under $50 | Seniors who want a clear picture of their complete financial situation in one place. |
| SmartAsset Financial Advisor Matching | Under $50 | Seniors with $100,000+ in investable assets looking for a local fiduciary advisor. |
Prices are approximate ranges — check each retailer for today's price.
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Browse Financial AdvisoryInformation last verified: 2025-01-01.