Personal Capital Review

For years, I used Mint to track my financial accounts, net worth, and basic budget. Recently I tried Personal Capital and I like it for several reasons. Below you’ll find my Personal Capital review based on my experience with financial software, in general. Online financial management software has come a long way since the days of trying to track your finances in Excel spreadsheets.

Personal Capital Review

In summary, I like the charts and the software’s ease of use. Another reason includes the opportunity to generate recurring revenue through their affiliate link; you and I both get paid to use it.

You get $20 when you sign-up for a free account and link your accounts.

Giveaway hosted by Personal Capital. A user must link at least one valid investment account (brokerage, 401k, IRA, etc) containing a balance of more than $1000 within 30 days of registering. An Gift Card will be awarded to each new user who links a valid investment account as well as to the user who refers the new user. All awards will be electronically delivered within six weeks from registration to the user’s email provided in the registration process.

All of Your Accounts in One Place

The Personal Capital dashboard works with all of our financial accounts. You get to link pretty much everything including your checking, savings, investments, IRA, mortgage, loans and credit cards. It provides a complete picture of your net worth on any device. It didn’t take long to set it up and it does require two-step security confirmation, which I also like.

Personalized Investment Strategy

Personal Capital reviewYou can get asset allocation decisions and portfolio construction based on your personalized data and specific cash flow needs, not based on a simple algorithm ran after answering a few questions. This is more of a customized strategy just for your specific situation and not a general cookie-cutter solution.

Personal Capital also does a great job of analyzing your investments to spot hidden fees. Not so with Mint.


As fiduciaries, Personal Capital’s advisors are legally bound to act in your best interest. Advisors associated with broker dealer firms are often compensated for certain investments. It can be, and often is, a conflict of interest when advisors are also broker dealers.

Software UI

I find the software is really easy to use. I like the UI (user interface). It is easy to review your expenses and categorize them quickly. You can also add new categories to meet your actual expenses and income. Overall, great resources for evaluation of your financial situation.

As I use it more, I’ll update this page. So far, highly recommend giving it a try. Please let me know if it works for you or if you have any questions I can answer. Just leave a comment below and I’ll do my best to respond as soon as possible. Thanks for visiting; hope the info helps. – Boss Man Jax.

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