2017 RANKING & REVIEWS
TOP INVESTMENT PORTFOLIO MANAGEMENT SOFTWARE


Intro: Finding the Best Investment Portfolio Management Software in 2017

When investors, portfolio managers, individuals, fund managers, and professional money managers initially start building their wealth management practices or accounts, managing a relatively small investment portfolio is a fairly easy task.

A simple Excel spreadsheet or a freeware database tool might suffice for conducting investment portfolio management and tracking.

However, as your investments increase in scale, you may find that basic financial management software or simple portfolio management spreadsheets will no longer meet your investment portfolio management software needs. 

That’s why portfolio management software tools have become such a huge boon to the industry of growing investments. 

For tracking and managing multiple portfolios for yourself or your clients, you'll need a top investment portfolio management software to stay on top of the multiple investment options available. 

The best portfolio and financial management software will allow users to keep track of multiple IRAs, 401(k) accounts, investment portfolio accounts, brokerage trading accounts, stocks, bonds, fixed assets, derivatives, high yielding savings accounts, international assets, structured instruments, and more.  

Award Emblem: Top 6 Best Portfolio Management Software

Whether you are an individual looking for personal financial portfolio management, a professional money manager, a trader, a financial advisor, a portfolio manager, a hedgefund manager, or a broker, staying on top of investment portfolio management keeps you one step ahead of the rest of the field.

With the many different portfolio management tools and investment tracking software options available on the market today, how do you decide which investment portfolio management software is best for your individual needs or for your clients’ needs?

To help you make the most of a portfolio management system, AdvisoryHQ has broken down the basics of our best portfolio management software options.

Ideal for everyone from individuals, investors, portfolio management firms, wealth advisors, financial advisors, hedge funds, brokers, investment managers, and private equity firms, the best portfolio management software is right here for your perusal.



AdvisoryHQ's List of the Top 6 Best Portfolio Management Software

Click any of the software names below to go directly to the detailed review section for that portfolio management software:

Click here for 2016's review of the Top 6 Best Portfolio Management Software


Top 6 Best Investment Portfolio Management Software | Brief Comparison & Ranking

Top Portfolio Management Software

Best for

Personal Capital

Individual Investors and Traders

Stator Portfolio Manager Software Traders, Hedge Funds, Individual Investors, and Brokerage Firms

iBalance (Provided by SoftTarget)

Professional Money Managers 

Fund Manager Portfolio Management Software

Traders, Investment Advisors, and Individual Investors

Investment Account Manager

Professional Money Managers and Individual Investors

FrontPM (Provided by eFront)

Private Equity Firms and Direct Investment Managers

Table: Top 6 Best Portfolio Management Software


Don't Miss: High Yield Bank Accounts


What Is Portfolio Management?

Knowing the best portfolio management software on the market today won’t do you much good if you don’t first understand the importance behind financial portfolio management and investment tracking software.

What is portfolio management, and why is portfolio management software important?

Investment analysis and portfolio management are very simple in theory: they are the art of examining your current spread of investments to determine how effective the ratio and policies are in achieving your specific goals.

It balances your personal risk level against the performance of various stocks, bonds, funds, and other types of investments in order to effectively allocate the money you are interested in investing.

With any luck, good investment analysis and portfolio management can help you to reach your financial goals with ease.

Photo courtesy of: Pixabay

Understanding how to manage your own portfolio leaves a lot of consumers stumbling and wondering what they should do next. This is where portfolio management software and investment software come into play.

With a portfolio management system and the various portfolio management tools available from investment software, you can make wiser decisions regarding the spread of your investments and the risks you are willing to assume alongside them.

Investment tracking software will help you monitor the profits and losses your investments are garnering.

Furthermore, a good investment portfolio management software may even make suggestions for how to better invest your money based on profiles for your financial information that you create.

So, what is portfolio management? It really boils down to taking a careful look at your investment strategy in order to make it more successful.

With the help of the best portfolio management software on the market, you can be well on your way to your own financial portfolio management.



AdvisoryHQ's Selection Methodology

What methodology does AdvisoryHQ use in selecting and finalizing the firms, services, and products that are ranked on its various top rated lists?

Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top rated firms, products, and services.


Detailed Review – Top Ranking Best Portfolio Management Software

Below, please find a detailed review of each software on our list of best financial management software. We have highlighted some of the factors that allowed these portfolio management tools to score so high in our selection ranking. 

See Also: (BillGuard vs Mint) BillGuard Review – Is BillGuard Safe? Most Powerful Finance App



Personal Capital Review 


If you understand nothing else about Personal Capital’s investment management and portfolio tracking software, understand this: the software is revolutionizing money management. 

Founded in 2009 by Bill Harris (previous CEO of PayPal and also Intuit), Personal Capital is an all-in-one personal finance, money managementportfolio management and robo-advisory platform.

Best of all….you can use their financial management software to track your wealth and portfolio for free

Personal Capital tracks more than $312 billion in individual investments for over one million users. Recognized by TIME magazine, The Wall Street Journal, and Reuters, Personal Capital advertises their primary business objective as building a “better money management experience for consumers.”

Sign up for a free Personal Capital account​ and give your portfolio a second opinion

Personal Capital - Your Portfolio Deserves a Second Opinion-min

Key Factors That Enabled This Software to Rank as One of the Best Portfolio Management Software

For more details on how Personal Capital came to be on AdvisoryHQ’s list of the top investment and portfolio management software, see our detailed breakdown below.

Managing Multiple Investments: Dashboard

Having multiple investments and income streams is a good thing, but keeping track is a major pain point for most investors and high-net-worth individuals.

Using the Personal Capital dashboard will help you to quickly access a consolidated view of all your accounts in one place.

​On your Personal Capital investment and finance dashboard, you can easily see your top investment gainers and losers as well as investment returns, portfolio allocations, balances, and estimated investment fees.

Each time you log into the dashboard, on desktop or mobile, you’ll see a complete view of your net worth, as well as your holdings.

Over time, you’ll see if your net worth is trending positively and take steps to make adjustments in your spending and savings habits.

Top Rated Free Investment Management Software

Personal Capital is this year’s top investment management software for individual investors.

Portfolio and asset managers also use Personal Capital to manage their own personal investments and portfolios, based on the holistic portfolio and personal finance capabilities of the investment software.

Portfolio Management System

For individual investors and traders, Personal Capital’s portfolio management platform gives you everything that you need to gauge, monitor, and optimize your investment portfolio holdings as well as all of your other finances (accounts, credit, home equity, etc.). 

Link all of your external financial accounts and get immediate access to a comprehensive and holistic view of your financial life.

Free Wealth Management Tool

Portfolio Management Tools

A really great feature provided by Personal Capital is the Investment Checkup interface, which allows you to easily see how well all of your investments are performing – and how you could do even better. 

You can easily do a benchmark analysis to compare your portfolio allocations to an ideal market-target allocation designed to minimize risk and maximize returns to meet your investing and portfolio management goals.

Another great feature that Personal Capital provides is its financial savings fee analysis that allows you to easily see the impact of your existing trading and investing fees.

Try Out the "Best, Free Finance App Available"

Personal Capital - 700x250 - Track and Manage Your Wealth

Fee-Focused Financial Management Software

Mutual funds and investment brokers sometimes recommend investments that pay them the highest levels of commissions. They also impose additional fees, including account opening fees, maintenance fees, and investing fees.

Personal Capital's financial management software breaks down the cost by funds, ETFs, and other categories so that you can easily focus on your analysis and determine whether you need to make any changes.

In general, using Personal Capital’s free portfolio management system allows you to easily analyze your investment holdings by asset category or explore your investments and holdings in depth within each asset class.

In essence, this investment software allows you to quickly see your asset allocation across all of your portfolio accounts.

Services

If you aren’t a financial investment professional, the idea of utilizing a portfolio management system can seem intimidating.

That isn’t the case with Personal Capital, which is part of what makes it one of the best portfolio management tools for regular individuals who are dabbling in their own investment schemes.

The unique brand of Personal Capital features financial portfolio management combined with advanced technology to offer objective investment analysis for clients.

After filling out your own personal information, this portfolio management software can deliver customized investment strategies to help you reach your goals, whether that means saving for retirement or just investing your funds for a rainy day.

►►FREE Wealth Management Tool, SignUp TODAY!◄◄

Unlike some investment management software, Personal Capital goes beyond just financial portfolio management.

You’ll find a number of portfolio management tools to help you manage your investment accounts and save for retirement (no matter how close that might be), but you also have a number of other tools at your disposal.

The tools in this investment software can help you calculate your personal net worth, as well as create and manage your own budget.

Personal Capital Pricing

Personal Capital Finance Software-min

The software is FREE to use to track and manage your wealth and your portfolios.

However, if you choose to use a Personal Capital financial advisor to manage your money, there is a small fee, detailed below. You’ll be charged by a percentage of the funds invested through Personal Capital.

Their investment portfolio management style focuses on affordable options for strategically achieving your goals.

Compared to personal financial advisors who may charge exorbitant rates by the hour, Personal Capital features low fees that the regular person would deem affordable without any hidden costs.

Money Invested

Fee Schedule

First $1 million

0.89%

First $3 million

0.79%

Next $2 million

0.69%

Next $5 million

0.59%

Over $10 million

0.49%

►►Don’t Miss! FREE Financial Tools at Personal Capital Today!◄◄

If you were to need access to the funds within your account quickly, their portfolio management software tends to deal in highly liquid securities.

What does that mean for you? It means that it should be simple for you to withdraw funds from your accounts within a one to three business day settlement period. 



Stator Portfolio Management Software Review


Stator Portfolio Management Software was created by Anfield Capital out of Australia just twelve years ago in 2004. They are currently responsible for managing over $150 million AUD over the span of twenty countries around the world.

Their portfolio management software is used by traders, investors, and brokerage firms globally. Stator has been featured in Your Trading Edge magazine, Financial Review Smart Investor, and Wrightbooks, among others.

stator financial management-min

Key Factors That Enabled This Software to Rank as One of the Best Portfolio Management Software

See below to learn how Stator Portfolio Management Software became one of the best portfolio management software choices on the market today.

Program

The versatility of the portfolio management software from Stator is definitely what ranks it as one of the best portfolio management software programs on the market today.

Used by traders and investors globally, Stator Advanced Finance Management works well for individual investors, traders, hedge funds, and brokerage firms.

►►Don't Miss!! 30-Day Stator FREE Trial◄◄

In order to cater to such a large spectrum of clients, Stator Portfolio Management Software has created four separate versions of their investment management software: Lite, Standard, Pro, and Platinum.

For the individual investor, Lite will likely be sufficient because this investment software manages just one estate in a single currency.

The other financial management software options allow for unlimited estates with estate searches and portfolios, various sub-portfolios, and assets. You will be able to run basic reports, backup your data, and have access to online tutorials.

►►Click Here to Try Stator Portfolio Software [30-Day FREE]◄◄

stator portfolio management-min

As you move into the Pro and Platinum investment and portfolio management software, you gain more access to things like multiple currencies, foreign exchange trades, ETOs, futures, and more advanced analytics and reports.

With Platinum, you are gaining the ability to use it for enterprise installation and subscription email support, among other items that are better suited for large-scale investment firms.

►►Take a Tour of Stator or Download a FREE Trial Today◄◄

Pricing

Of course, those four separate categories can come with some drastically different price tags.

Because they are based out of Australia, their prices are listed in AUD instead of USD, but it still gives you a great comparison for the price variations among the different types of portfolio management software.

You can see the basic prices for their investment software listed in the chart below:

Stator Portfolio Management System

Price (in AUD)

Lite

$75

Standard

$195

Pro

$395

stator free trial-min

The Platinum version of the Stator financial portfolio management system is priced on a per job basis depending on whether you need a single or a site license. Pricing is only available through direct contact with the company.



FrontPM Review


FrontPM, powered by the larger company known as eFront, is well-known in the industry for providing solutions to financial portfolio management for private equity firms, real-estate investment, banking, and insurance companies.

They value innovation, integrity, excellence, accountablity, and teamwork, setting sophisticated standards for Environment, Social and Governance practices (ESG) within the industry. 

Serving over 800 clients globally, they are the top solutions provider for fund administration, servicing a total of 48 countries.

►►Click Here to Try Stator Portfolio Software [30-Day FREE]◄◄

Key Factors That Enabled This Software to Rank as One of the Best Portfolio Management Software

If you would like to find out more information on why we ranked FrontPM as one of the best portfolio management software choices, see the below sections.

Financial Portfolio Management

Designed for private equity firms and direct investment managers, FrontPM aims to provide solutions to many of the issues seen within this sector that are key when it comes to investment management software.

This financial management software accomplishes an array of key tasks, including:

  • Compiles accurate data and investment analysis to protect you in the event of an audit
  • Allows you to spend more time analyzing performance instead of crafting spreadsheets
  • Makes information easily accessible
  • Is integrated with Excel
  • Lowers exposure to loss of key personnel

Beyond that, it also allows you to make a template-based portfolio on a web-based portal utilizing user-defined rules, generates flexible calculations for standard performance indicators, and centralizes data (both current and historical).

Excel Compatibility

One of the primary benefits of FrontPM is its compatibility with Excel, which they use to format and send you performance indicators on generated reports.

Instead of using Excel to perform your own calculations after copying and pasting the data into each sheet individually, FrontPM’s investment management software allows you to build your reports directly into Excel, as well as importing data from your own Excel spreadsheets back into the program.

This allows you to track and audit reports more efficiently than portfolio management software that does not integrate Excel compatibility.

Photo courtesy of: eFront

Hosting

Another of the primary advantages of the investment portfolio management software from FrontPM is the option of hosting through the cloud or through your company.

Private equity firms and direct investment managers can opt to use FrontPM through their own computers and servers.

Alternatively, they can also opt to use the portfolio management software through the cloud in order to give them more flexibility and greater access to resources through a variety of locations.

Of course, you can also use this investment portfolio management software in combination with the other components available through eFront, such as Front Invest for GPs and Front GP.

By integrating FrontPM with these other software and front-to-back office solutions, you gain access to even more features that can help you to better manage portfolios for your clients.



Fund Manager Portfolio Management Software Review


Fund Manager Portfolio Management Software is unique in the scope and size of the company behind its incredible portfolio management software.

Created in 1993 with more than two decades worth of experience, Beiley Software (the company behind Fund Manager) is comprised of a team of just three individuals located in Arizona.

Their privately held corporation has created a robust system that features different levels and options, making it the best portfolio management software for individuals, investment advisors, and traders.

►►Click Here to Try Stator Portfolio Software [30-Day FREE]◄◄

Key Factors That Enabled This Software to Rank as One of the Best Portfolio Management Software

Find out more of the compelling reasons that Fund Manager Portfolio Management Software is listed on our ranking of the best portfolio management software available on the market today.

Features

If you’ve been on the fence about selecting a portfolio management software, Fund Manager Portfolio Management Software has something for everyone: average individuals, professional money managers, and advisors.

The primary difference between the three investment software programs lies in the maximum number of investments you are allowed in each portfolio (see the chart below).

Investment Software Option

Maximum Investments

Price

Individual

500

$99

Professional

5,000

$295

Advisor

50,000

$1,495

Beyond that, all three of the investment and financial management software solutions feature a large selection of basic features to help yield the greatest returns:

  • Capital gains calculations
  • Exporting data to tax software
  • Price alerts
  • Yield calculations
  • Multiple currency support
  • Rebalancing holdings

If you were interested in the investment analysis and portfolio management aspect of a portfolio management software, the professional or advisor feature may be better suited for you.

Both of these options will give you access to more advanced statistics with stop loss alerts, moving average alerts, wash sale support, a correlation matrix report, and more.

Only the advisor portfolio management software grants access to client management features.

You can customize this section of the investment portfolio management to send emailed graphs and reports directly to your clients, to give them access to support, to add your own logo to reports, and to accomplish bulk reconciliation.

In addition, the financial management software will provide institutional broker-dealer interfaces, have access to advanced report filters and displays, report disclaimers, and perform batch printing.

Pricing

You gain significantly more portfolio management tools when you upgrade to either the professional or advisor version of the Fund Manager Portfolio Management Software. However, those extra features do come with a hefty price increase.

By far, the individual user is the most affordable at just $99. From there, professional money managers may be pleased to see that it costs just $295, but the advisor version of the portfolio management software jumps significantly to $1,495.

This may be more expensive than some of the portfolio management software available, but it offers such an array of detailed features to help with investment analysis and portfolio management, as well as including client support into your work.

It may be worth the investment to have one of the best portfolio management software options working with you and your company.

Related: Personal Capital App Review | What You Should Know About Personal Capital



iBalance Review


iBalance from softTarget was founded back in 2000 with the goal of creating an investment portfolio management software for individuals who work within the industry.

They built and continue to improve on their investment and portfolio management software through a team of engineers and financial experts who specialize in investments.

Values are mentioned frequently throughout their investment tracking software website, touting their “excellence, innovation, integrity, and continuity.”

►►Click Here to Try Stator Portfolio Software [30-Day FREE]◄◄

Key Factors That Enabled This Software to Rank as One of the Best Portfolio Management Software

Want to know what iBalance from softTarget features landed it on our list of the best portfolio management software? See below for a handful of the compelling portfolio management tools that brought it here.

Technique

Portfolio management software should be designed to allow you to make changes to your portfolio and to make new investments quickly and easily. iBalance strives to do just that, promising full investment policy support for your clients.

From allocation to constraints and client preferences, the investment portfolio management system creates a world of customizable portfolios with the client at the center.

Furthermore, because of its detailed information on policy, it also takes legislation and compliance into account when making trades.

The end goal of this investment software is to maximize returns for clients once taxes are accounted for.

With all of the features that are heavy on policy and legal standpoints, iBalance has been shown to be one of the best portfolio management software choices for professional money managers, including wealth managers, institutional managers, group retirement plan administrators, and compliance officers.

client experience-min

Photo Courtesy of: Soft Target

Portfolio Management System

For professional money managers, iBalance is especially ideal because of the portfolio management system they put in place to make your life easier.

Most money managers have a particular investment style and strategy that they attempt to implement with their clients. iBalance takes these preferences into account to model and implement these strategies across your clients’ portfolios.

In addition to making trades quickly and easily, you can set up rule-balanced portfolio rebalancing, handle what-if scenarios for clients, and manage complex tax-efficiency issues.

Their compliance dashboard gives you access to a rules library, compliance certificates, and an audit trail, should you ever need any of that information.

It features a multi-asset and a multi-currency option that allows you even greater flexibility with your clients.

The number of portfolio management tools available through their portfolio management software is what mainly attracts professional money managers of all varieties to their platform.

It may be very client-focused — in terms of the degree to which you can customize for a specific account’s personal preferences, risk tolerance, need for rebalancing and more — but the end goal of the entire financial portfolio management system is to allow money managers to do just that with ease. 

Popular Article: Top Investment Portfolio Management Software | Review Ranking



Investment Account Manager Review


Investment Account Manager 3 creates a robust and award-winning investment and portfolio management software that has been around for individual investors and professional money managers since 1985.

With its lengthy history, it’s no wonder that it has accumulated awards and accolades such as Softpedia’s 100% Clean, AAII Comparison perfect scores for performance, score documentation, and ease of use, and a 4.7 out of 5 star rating on Amazon.

►►Try Stator Portfolio Software Today [30-Day FREE]◄◄

Key Factors That Enabled This Software to Rank as One of the Best Portfolio Management Software

See below for a few of the key features that placed Investment Account Manager onto AdvisoryHQ’s ranking of the best portfolio management software.

Tools

Investment Account Manager, often referred to as IAM, is well-known for its unified account management, featuring multiple IRAs and multiple taxable accounts alongside their financial portfolio management features.

These features include risk tolerance, portfolio goals, advice, investor resources, and financial portfolio management.

financial portfolio management-min

Photo Courtesy of: Investment Account Manager

From a professional standpoint, Investment Account Manager is great because you can track an unlimited number of portfolios, even those of varying types (including trust funds, children’s accounts, and more).

To see how your personal portfolios or your clients’ holdings are faring, you have access to over fifty different reports to measure their gains and losses, tax filing, capital gain distributions, commissions, and more.

As you get started with Investment Account Manager’s portfolio management software, you can access their tutorials to learn how to make better use of their investment tracking software.

By including with the individual version the use of QuoteMedia, you will gain access to a data feed that can update portfolios with accurate data and descriptions at the end of each month.

While you can opt to do this manually with the lower versions of the portfolio management software, it saves time to order a version of this with QuoteMedia included. QuoteMedia is included with the IAM Professional version.

Safety

Investment Account Manager’s investment tracking software heavily emphasizes one feature above all others: safety.

This should put both individual investors and professional money managers at ease with the emphasis they place on keeping your sensitive and personal financial information secure.

As a company, they do not have access to your data, nor do they download it onto their own servers. Your information remains directly on your computer and is as secure as you set your personal or business computer up to be.

Pricing

Your investment portfolio management software with Investment Account Manager gives you plenty of options as a professional money manager.

You can opt for any one of three different types of portfolio management software, complete with at least one year of support. After your support runs out, you can continue to purchase more in annual increments at a significantly discounted rate.

For more information on the various pricing structures, see the chart below:

Portfolio Management Software

Price

Investment Account Manager 3

$89

Investment Account Manager 3 with QuoteMedia

$129

Investment Account Manager 3 Professional

$395

Read More: Robinhood App Review – What You Should Know! (Robinhood Trading & Review)


Conclusion: Best Portfolio Management Software

Whether you are an individual investor, a professional money manager, or a private equity firm, having the best portfolio management software available can significantly increase the returns on your investments.

Through smart analytics and reports, investment software allows you to view and respond to the data faster on your client’s holdings or even your own holdings using investment and portfolio management.

You can confidently answer the questions, “What is portfolio management?” and “How do you decide which financial management software is best for you?”

Take a look at this chart to determine which category your investment and portfolio management software would need to fall into:

Best Portfolio Management Software

Best for

FrontPM

Private Equity Firms, Direct Investment Managers

Fund Manager Portfolio Management Software

Traders, Investment Advisors, Individual Investors

iBalance

Professional Money Managers

Investment Account Manager

Professional Money Managers, Individual Investors

Personal Capital

Individual Investors

Stator Portfolio Management Software

Traders, Hedge Funds, Individual Investors, Brokerage Firms

With all of the investment management software choices available today, you’re sure to find an investment software that will suit your needs.

Our ranking of the best portfolio management software should be a great starting point for evaluating what your own needs are and comparing them to the top portfolio management software in the market.


 

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