Portfolio management software and tools are available to help individuals and professional firms manage their investments. These tools vary in terms of their features and functionality, but they all aim to provide users with an easier and more efficient way to monitor and manage their portfolios.
For individual investors, some popular portfolio management software and tools include:
Personal finance apps such as Mint or Personal Capital
Investment tracking websites like Google Finance or Yahoo Finance
Brokerage platforms like TD Ameritrade, E*TRADE, or Fidelity
Robo-advisor platforms like Betterment, Wealthfront, or Vanguard
For professional firms, some popular portfolio management software and tools include:
Trading platforms like Bloomberg Terminal or Thomson Reuters Eikon
Portfolio management systems like BlackRock Aladdin, State Street Global Advisors, or BNY Mellon
Risk management tools like MSCI, Barra, or Axioma
Portfolio analytics tools like FactSet, Portware, or Eze Software
The main difference between tools for individuals and professional firms is that the latter typically offer more advanced features, such as real-time portfolio analytics and risk management capabilities. Professional firms may also have more specific requirements, such as integrations with other systems or custom reporting capabilities, that are not available in tools for individuals.
