investors have a very diverse investment portfolio. Almost all HNIs have
investments in cash accounts, fixed deposits, Equities, Bonds, Commodities,
Real Estate, the list goes on. Depending on how much of a risk an investor is
willing to take, the investments vary.
a diverse portfolio, it is sometimes difficult to keep track of all the
investments. Between your cash accounts, deposits, mutual funds, bonds, shares,
and other investments, you could end up juggling a few different account statements
from various banks and organizations.
with the challenge of building an asset allocation plan, logging into multiple
accounts individually, being unaware of all your investments’ profit and
losses, and so on. Keeping track of all your investments separately would
require the majority of your time and attention.
The Relationship with The Banks
offer the services of wealth managers who would suggest that you invest in
certain assets or keep you abreast of all the schemes that the bank has to help
you multiply your investments. However, each Relationship Manager or banking
professional only provides support with respect to individual banks.
step for someone who is seriously vested in investing money in multiple
ventures is to hire someone who will guide and support you through your
investments, Equities, bonds, investments in Commodities, and so on, for a
hefty price. Again, you run the risk of not knowing the latest trends in the
market when focusing on a particular avenue.
multiple investments are a smart way to save and reap benefits, there will not
be much in the way of gains if you do not routinely keep track of what is going
on with your money. Keeping a portfolio that constantly tracks maturity dates
and the rise and fall of the stock market could take your investments that
where a platform that consolidates all your investments and private banking
becomes necessary. A
good platform not only helps you to draw up your account statements with the
click of a button but serves as your assistant throughout the year. A good
application or website that promises to help you with a portfolio for your
investments will serve the primary purpose of syncing all your accounts and
track their performance. In short, it serves as a manager for all your
investments, at the click of a button.
How Do I Choose a Platform to
Consolidate My Portfolios?
aspect you have to see in a portfolio consolidation platform is customization.
While some people may prefer to track their accounts using spreadsheets, others
might prefer a pictorial or graphic representation. Customized views offered
by the applications help you decide the best way to access and monitor your
various accounts. Other customization options could include asset class and
can also come in the form of choosing which investments to focus on at a given
point in time. While some investments, such as gold and cash do not need
constant monitoring, Equities and Mutual funds could prove tricky. Therefore,
for the busy investor, it is imperative that there are notifications regarding
any change in fortunes in the stock market.
portfolio platforms also give you updates about your investments in the form of
news articles, data on the markets you have invested in, notifications about
late-breaking stories, and so on. These will help you watch for trends that
could prove beneficial and also multiply the value of your investments.
The Wealthbrain Edge
providers like Wealthbrain or. So, they go a few steps further,
making the tracking of your investments easy and stress-free, so you can focus
on everyday things.
A Comprehensive Outlook of Your Investment
of us like to believe that we are making informed decisions and that our money
is in the right place, a lack of awareness is a deterrent to making our money
grow. In this regard, Wealthbrain provides a comprehensive outlook of your
investments, and how you stand to gain or lose with each. With partnerships
with some of the most popular financial service providers, Wealthbrain gives
you market updates, making it easy for you to monitor the future of your
investments and make well-informed decisions.
of how important a platform could be, there could be concerns regarding a
breach of security, as there are increasing cases of phishing and identity
theft. This is why choosing a platform that identifies with your safety
concerns is vital. Wealthbrain platform uses all secure login options and makes
your account safe.
platforms that connect accounts that are spread across various countries are
another requirement for today’s on-the-go generation. Wealthbrain allows users
to consolidate all investments and accounts globally and helps you get a global
investment portfolio, mapping currencies and providing comprehensive solutions
to all your questions about your investments.
plans help with daily monitoring, unrealized profits and losses, and such. With
a bird’s eye view of your investments, it becomes easier to understand which
areas require focus, which investments are not reaping benefits, and to decide
if you should further invest in a certain area or make a new investment.
Track Your Investment on The Go!
can be accessed from your desktop, laptop, and smartphone- a necessity for most
people today. While the app could provide updates while you are traveling or
during your daily commute to work, you could take a detailed look at the state
of affairs during a break at work, or from the comfort of your home.
The Importance of An Investment
portfolio will depict the right kind of investments and how much you have
invested in each area. The advantage of having a consolidated portfolio
platformis that it helps you to have a comprehensive idea of your financial
objectives as well.Every investment is a step in the direction towards a more financially
provider worth its salt, such as Wealthbrain will help you with the three
pillars of successful investing- financial goals, risk tolerance, and
investment limits. The platform will help you make informed decisions for
your investment plans so you can achieve your goals at the earliest, with the
least risks. However lucrative some investments may seem to us, the fallacy of
investing in those can be understood with the notifications that the apps
provide, keeping our money safe.
to this, a rebalancing of your investments is imperative to help you stay on
track and not lose focus on your long-term goals. An analysis of your portfolio
would provide all the necessary details, helping you understand which ones are
not beneficial and which ones require more attention than the rest. Efficient
capitalization of opportunities is of the essence for an investor and
Wealthbrain understands that.
decide to consolidate all your investment portfolios in one place, in order to
save time and effort, choose a platform that provides all the features that
will enable you to not only access your statements but also help you grow your
wealth and advice you on the risk factors associated to the investments you
partner in your financial growth, instead of a mere window to information that
you can access readily if you have an email address or messaging service. Grow
your investments wisely by choosing a service provider that would be your
companion through your journey, and make investing an enjoyable, easy affair.