Discover the essential tech tools for managing your investments efficiently, with expert insights guiding each recommendation. From automated portfolio management to the latest financial planning apps, these technologies simplify the investment process. Learn how to maximize your returns and streamline your financial strategies with the advice of industry leaders.
- Embrace Automated Portfolio Management
- Simplify Investing With Artha App
- Benefit From Data-Driven Strategies
- Utilize Mint For Financial Planning
- Leverage Portfolio Management Software
Embrace Automated Portfolio Management
One powerful tool for diversifying and managing investments is Wealthfront, a robo-advisor that automates portfolio management using modern portfolio theory (MPT). Wealthfront helps by automatically rebalancing assets, optimizing tax efficiency through tax-loss harvesting, and ensuring diversification across multiple asset classes.
The biggest benefit is its hands-off approach, making it ideal for investors who want low-cost, data-driven portfolio management without needing to manually adjust holdings. It also offers goal-based investing and integrates with external accounts to provide a holistic view of financial health. For those looking to minimize risk while maximizing returns, Wealthfront and similar robo-advisors provide cost-effective, algorithm-driven strategies that simplify long-term wealth management.
Sergiy Fitsak
Managing Director, Fintech Expert, Softjourn
Simplify Investing With Artha App
I use the Nobias Artha app. It is a financial wellness app that helps me budget, set goals, create an investment plan based on my goals and risk profile, and gives me a step-by-step guided investment process.
The best thing about this app is that it greatly simplifies investing by allocating SIP in each asset class (diversification) by taking into account financial goals and risk profile, and calculating the SIPs needed to achieve goals.
I feel a marked difference in the way I am able to manage my investments because of this app:
- I am able to figure out the exact proportions of SIPs in different asset classes best suited for ME and MY goals.
- I am able to track and manage my investments in multiple asset classes from a single platform.
- The app also allocates my investments to my goals. This gives me complete clarity of how and when I will be able to achieve my goals.
- The app calculates and recommends rebalancing transactions to ensure my holdings are aligned with goal achievement.
- I also get a portfolio performance diagnostic. It compares my existing funds and stocks to peers and recommends whenever an asset is underperforming.
I also love the way they simplify research for a layman. I come from a tech background with a limited understanding of finance.
- For all assets, they provide 5-year rolling returns since the inception of the fund/stock. I feel it is a better metric than just a 5-year CAGR. I can be more assured of the performance since I know I have considered the performance of a very long term.
- For all stocks, they provide simple thumbs-up/thumbs-down ratings for fundamentals, risk, and technical parameters. While I personally don’t know what each of the parameters are, I can still understand if a company has strong or weak indicators.
- For all Mutual Funds, they show returns from both Direct and Regular plans. I never knew before that these commissions could cost crores. After subscribing to this app, I switched all my investments from Regular to Direct funds.
Overall, I feel this is a great app when it comes to managing investments for a high-net-worth individual. It gives you all you need in one place, in an intuitive manner that you have to spend the least amount of time managing your investments.
Dhiren Sonigra
Head of Product
Benefit From Data-Driven Strategies
I use Wealthfront, an automated investment platform that optimizes asset allocation. It removes emotion from decision-making and relies on data-driven strategies.
One advantage is tax-loss harvesting. The system scans for opportunities daily, reducing taxable gains efficiently. Over time, this increases overall returns without requiring manual effort.
Another benefit is diversification. Wealthfront spreads investments across multiple asset classes, minimizing risk exposure. This ensures stability even when markets shift.
Additionally, the platform provides risk-adjusted rebalancing. If allocations drift, it automatically corrects them to align with long-term goals.
The time saved is invaluable. Rather than constantly adjusting portfolios, I focus on other priorities while my investments stay optimized.
For those considering automation, it offers efficiency, discipline, and strategic allocation—all without the need for constant oversight.
Mike Khorev
Managing Director, Nine Peaks Media
Utilize Mint For Financial Planning
One piece of technology that has revolutionized my approach to managing and diversifying my investments is a financial planning app called Mint. It streamlines the process of tracking all my financial assets, from simple checking accounts to more complex investments like stocks and bonds. What sets Mint apart is its user-friendly interface and the ability to categorize and visualize all my financial data in one place, making it easier for me to see the big picture and make informed decisions.
The real game-changer for me has been Mint’s budgeting tools and personalized insights into my spending patterns. For instance, it alerts me when I’m spending too much in a particular category, such as dining out, which indirectly helps me to save more and invest those savings into diversified assets. These features have not only improved my financial health but also educated me on the importance of balancing saving and spending. It’s like having a financial advisor in my pocket, constantly helping me optimize my finances to ensure a more secure and prosperous future. Using Mint has unquestionably made financial planning more accessible and less daunting, keeping my investment goals on track with minimal stress.
Alex Cornici
Writer, Cheap Places To Go
Leverage Portfolio Management Software
One indispensable technology tool for wealth management advisors is portfolio management software, such as Orion Advisor Tech. This platform offers comprehensive features for tracking performance, rebalancing portfolios, and managing client data in real time. It’s crucial because it integrates multiple aspects of portfolio management, allowing advisors to make informed decisions and provide personalized advice efficiently. The ability to access accurate data and analytics quickly helps in maintaining strong client relationships and delivering consistent results.
Ronald Osborne
Founder, Ronald Osborne Business Coach