Our Top Picks

Active Trader Pro Logo
Active Trader Pro
Fidelity is the company behind the Active Trader Pro platform. With more than 70 years of experience, the firm has a global presence and a broad reach in the financial services sector.

Its technology offering in this space is built around the theme of prompt action. The tool provides real-time access to information and insights, alerts for transaction ideas, trading hotkeys, and personalized views so traders and financial advisors see only the data they need to see.

Pros & Cons

Pros

  • Real-time, streaming market updates
  • International stock trading in 25 countries
  • Direct and intelligent order routing

Cons

  • Only for individuals residing in the U.S.

What Customers Are Saying

The trading expertise of the Active Trader Pro staff impresses customers, who appreciate the way they work to get the best results for their clients. Those who've never dealt with a trading platform before like the app's simplicity and the powerful list of options available.

Summary

Active Trader Pro Logo
Active Trader Pro
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Mac, Windows, Web-Based, iPhone / iPad, Android
  • Support Options
    Business Hours
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    No
Asset Manager Logo
Asset Manager
SimCorp was founded in 1971 and builds solutions to meet the needs of institutional money managers overseeing products like pension funds and sovereign wealth funds.

Asset Manager offers automated workflows that streamline simulation exercises and trading execution, as well as support for a variety of asset types and classes. Reports and integrations are also part of the Asset Manager package. The application can be deployed online or as an on-premises Windows installation.

Pros & Cons

Pros

  • Automated rebalancing tool
  • Front-to-back portfolio management
  • Automated portfolio management software workflows

Cons

  • Desktop version only available for Windows

What Customers Are Saying

Asset Manager is a good tool for administering funds, according to customers. They appreciate the control they have over their order status as well as real-time processing and the ability to monitor performance. Many find the many modules easy to use and recommend the software.

Summary

Asset Manager Logo
Asset Manager
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Windows, Web-Based, Android
  • Support Options
    Business Hours
  • For Investment Advisors
    No
  • For Traders
    No
  • Portfolio Accounting
    No
  • Tax Management
    No
Co-Pilot Logo
Co-Pilot
The Co-Pilot software platform allows both traders and investment advisors to perform key portfolio management functions, including portfolio modeling, rebalancing, and trading. Compliance rules can also be set to run pre- or post-trade.

The solution provides portfolio accounting and reporting capabilities and is deployed via the web. Integrations with partner tools can be completed using the firm’s RESTful APIs, and customers requiring assistance can reach out by phone during business hours.

Pros & Cons

Pros

  • Comprehensive user interface
  • Access control and entitlements
  • Monitors activity against a robust compliance rule set

Cons

  • Pricing Not disclosed

What Customers Are Saying

Customers like how much Co-Pilot helps them get more qualified leads. Onboarding is quick, and the fact that the program helps users filter contacts means their funnel is more effective. Co-Pilot's customer service staff also get thumbs up for being knowledgeable and professional.

Summary

Co-Pilot Logo
Co-Pilot
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    No
Comarch Wealth Management Logo
Comarch Wealth Management
Comarch offers a number of products for various industries, including telecommunications, gas stations, and utilities. Its Wealth Management system supports several portfolio management business models, including personal advisory, discretionary, and robo-advisory.

Suitable for users in both trading and financial advice roles, the platform has built-in interaction tools including chat, video, and desktop sharing to help strengthen advisor-client communications. The application can be deployed in the cloud or on-premises as a Mac or Windows installation.

Pros & Cons

Pros

  • Built-in interaction tools
  • Desktop sharing capabilities
  • Personalized investment ideas and reports

Cons

  • Prices not listed

What Customers Are Saying

Comarch's solid platform is a hit with some customers, who say using the tool led to marked increases in profits. Users like having a single source of truth that can help them optimize their investments.

Summary

Comarch Wealth Management Logo
Comarch Wealth Management
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Installed - Mac
    Installed - Windows
    Web-Based, Cloud, SaaS
    iPhone / iPad
    Android
  • Support Options
    Business Hours
    Online
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    No
  • Tax Management
    No
Founded in 1987, Croesus supplies its clients with a suite of products that address different areas of wealth management. The firm’s portfolio management software is web-based and aims to create a streamlined user experience.

Risk management features include an automated risk rating process and compliance reviews that incorporate investment policy guidelines and/or investment objective goals. Croesus customers can contact the firm by phone during business hours for help.

Pros & Cons

Pros

  • Automated risk rating process
  • Comprehensive compliance reviews
  • Streamlined user experience

Cons

  • Only available via phone during business hours
  • Price is Not disclosed

What Customers Are Saying

Because Croesus can generate essential reports, such as capital gains, losses, and performance reports, many users consider it a great wealth management CRM. Some users would love more customization options. Other features help them handle their day-to-day portfolio management responsibilities, saving time.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based
  • Support Options
    Business Hours
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    No
  • Tax Management
    No
Derivatas Platform Logo
Derivatas Platform
Derivatas was founded in 2011 and specializes in valuation services for venture capital and accounting firms.

Client firms can take advantage of the firm’s full-service valuation option, but a self-service model is also available. The latter provides funds, auditors, and other investment professionals with the tools needed to accurately calculate company valuations and includes nice-to-have components, such as collaboration applications and Excel data export capability. Support is provided via email and by phone during business hours.

Pros & Cons

Pros

  • Full-service and self-service options are available
  • Scenarios & Sensitivity Analysis
  • Customizable GUI-based workflow

Cons

  • Pricing information Not disclosed

What Customers Are Saying

Those who work with Derivatas appreciate its collaborative and enlightening environment. Users say the program provides easy-to-follow and detailed analysis that helps them understand how to leverage the knowledge.

Summary

Derivatas Platform Logo
Derivatas Platform
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Not disclosed
  • Deployment
    Not disclosed
  • Support Options
    Business Hours, Online
  • For Investment Advisors
    No
  • For Traders
    No
  • Portfolio Accounting
    No
  • Tax Management
    No
The eMoney platform is designed around financial planning. Advisors can start clients off with a straightforward goals-based planning approach, but they have all the tools needed to transition them to a more holistic strategy as financial needs change over time.

The solution includes a number of the essential elements listed above, including portfolio accounting and reporting functionality. Integrations with partners like Dropbox, Morningstar, and iRetire are also available. Customer support options include online resources as well as 24/7 live rep access.

Pros & Cons

Pros

  • Streamlined, modular workflow
  • What-if scenario planning
  • Client portal

Cons

  • Price by quote only

What Customers Are Saying

eMoney customers like how they can get all their investment-related information in one place, and their clients like the portal as well. Customers describe it as robust with lots of customization options. Even though some report that adding client information is a tedious process, eMoney is considered a best-in-class option. 

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Trial
  • Deployment
    Web-Based
  • Support Options
    24/7 (Live Rep), Business Hours, Online
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    No
Enfusion Logo
Enfusion
Founded in 2006, Enfusion combines portfolio management, trade execution, risk management, and accounting on one software platform. By developing the system with one dataset at its core, the creators have removed the timing and data accuracy challenges that often exist when data is moved back and forth between front- and back-office applications.

The solution delivers on the features listed above and also includes reporting functionality. Support channels are comprehensive, and the company highlights a 99% client retention rate. The application is cloud-based. Both mobile and desktop access are available.

Pros & Cons

Pros

  • All-in-one platform
  • Collects live, historical, and third-party data
  • Automated posting

Cons

  • Prices Not disclosed

What Customers Are Saying

Some organizations that use Enfusion say it has become an integral part of their process.

Summary

Enfusion Logo
Enfusion
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    24/7 (Live Rep)
    Business Hours
    Online
  • For Investment Advisors
    No
  • For Traders
    No
  • Portfolio Accounting
    Yes
  • Tax Management
    Yes
Excel Price Feed Logo
Excel Price Feed
Excel Price Feed was developed by Coderun Technologies and introduced to the market in 2019. The tool is an Excel add-in for Windows platforms that can be used by traders, advisors, and other investment specialists to access current and historical market data as well as company fundamentals.

Risk management and reporting functionality are part of the Excel Price Feed package. Data is sourced via integrations with providers including Yahoo Finance, IG Markets, and Quandl. Customers can seek out assistance by phone during business hours or access online resources, such as a user guide and forum.

Pros & Cons

Pros

  • Automatic portfolio evaluation
  • Built-in API streaming quotes
  • Can create a stock screener

Cons

  • Can only connect to four data sources
  • EODHistoricalData.com data source costs extra

What Customers Are Saying

Users who are already familiar with Excel find this plug-in easy to use. It makes tracking their portfolios and importing their information easy. Customers like that they can automate large amounts of data, and the customer service response earns raves.

Summary

Excel Price Feed Logo
Excel Price Feed
  • Starting Price
    • $15/month
  • Free Trial/Demo
    10-Day Free Trial
  • Deployment
    Windows
  • Support Options
    Business Hours, Online
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    No
  • Tax Management
    No
FA Solutions Logo
FA Solutions
FA Solutions was founded in 1999 and launched the initial version of FA Platform, its portfolio management product, in 2010.

The flexible software-as-a-service (SaaS) solution uses a modular design, with clients selecting the appropriate components for their needs. It covers multiple operational areas of wealth management: back, middle, and front office, as well as client-facing. Standard reporting is included, but customized reporting is optional. In addition to risk management features, the product also offers compliance and trade execution modules.

Pros & Cons

Pros

  • Streamlines fund management
  • Maintains shareholder registry
  • Compares and analyzes data metrics

Cons

  • Pricing Not disclosed
  • Reports customization available starting at Automate plan

What Customers Are Saying

Customers find FA Solutions a user-friendly tool with ample features to get the job done.

Summary

FA Solutions Logo
FA Solutions
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Mac, Windows, Web-Based
  • Support Options
    Business Hours, Online
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    No
  • Tax Management
    No
FinFolio Logo
FinFolio
FinFolio is a single access point solution that supports the back-office functions of portfolio management firms. The program’s creators value good design and have created a tool that provides users with a consistent and visually appealing experience.

Along with portfolio accounting functionality, FinFolio also supports rebalancing, trading, and billing activities. Integrations can be built using REST APIs, and current partners include well-known industry names like Bloomberg, BNY Mellon, and Bank of America.

Pros & Cons

Pros

  • FIX-enabled order management
  • Customizable reports
  • Open API for extending services

Cons

  • Pricing Not disclosed

What Customers Are Saying

Users love the reports FinFolio produces along with other capabilities that other tools don't offer. The app's flexibility and affordability make it great for managing portfolio accounting. Customers say FinFolio is customizable and user-friendly, and its customer support also garners raves.

Summary

FinFolio Logo
FinFolio
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Installed - Windows
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • For Investment Advisors
    No
  • For Traders
    No
  • Portfolio Accounting
    Yes
  • Tax Management
    No
iLEVEL is a portfolio monitoring software product developed by IHS Markit. The company has been in the business of providing information and analytics since 1959.

The iLEVEL solution performs well against the criteria listed above, with functionality that includes portfolio accounting and risk management. Analytics can be viewed using fully customizable dashboards and reports, and support is available 24/7. Deployment options include cloud and local Mac or Windows installations, and mobile apps can be downloaded for iOS and Android platforms.

Pros & Cons

Pros

  • Automated data collection and reporting
  • Centralized repository for critical data
  • Portfolio analysis and visualization

Cons

  • Price Not disclosed

What Customers Are Saying

The quality of iLEVEL's technology platform really impresses many users, who also find it easy and straightforward. Many private equity professionals call it well-thought-out software with good functionality. Though it may lack some customizability, customers say it helps them extract and analyze their data as needed.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Installed - Mac
    Installed - Windows
    Web-Based, Cloud, SaaS
    iPhone / iPad
    Android
  • Support Options
    24/7 (Live Rep)
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    No
Ledgex offers a suite of products focused on providing users with high-quality data. The firm’s Private Investment Tracking tool is built specifically for managing private equity portfolios.

Information can be viewed at multiple grouping levels, and performance calculations use methods specific to alternative and private investments. Investment advisors have access to reporting but can also export information in Excel formats for more detailed analysis. The application is available online or as a Windows installation.

Pros & Cons

Pros

  • Tracks time-weighted returns
  • Data Confidence Index
  • Multi-asset management

Cons

  • Pricing Not disclosed

What Customers Are Saying

Not only do customers think that Ledgex is powerful software with great potential, but they say it's also very good at complex tasks. Users are impressed with the app's functionality.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Windows, Web-Based
  • Support Options
    Online
  • For Investment Advisors
    Yes
  • For Traders
    No
  • Portfolio Accounting
    No
  • Tax Management
    No
MAUS StockMarket Plus Logo
MAUS StockMarket Plus
MAUS Business Systems has more than 25 years of experience building management software systems and has clients in more than 55 countries. Its business model focuses on small and medium-sized companies.

The firm’s StockMarket Plus tool offers portfolio accounting and tax management functionality and provides a user-friendly experience for both traders and investment advisors. The cloud solution also includes integrations and reporting capabilities. Customers requiring assistance can contact the company by phone during business hours.

Pros & Cons

Pros

  • Monitors investments easily
  • Handles a variety of investments
  • Generates necessary tax reports

Cons

  • Not available for Mac OS

What Customers Are Saying

Reporting and ease of use are two of the reasons users like MAUS StockMarket Plus. Even though the tool is not available on Apple devices, customers find it affordable and appreciate the great features that help them manage their investments and tax reporting requirements.

Summary

MAUS StockMarket Plus Logo
MAUS StockMarket Plus
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    7-Day Free Trial
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    Yes
OpEff, the company behind Perfona, believed that the wealth management industry was lacking a holistic, integrated, and easy-to-use software solution. Its product, Perfona, addresses multiple operational areas, including investor relations and treasury management.

The application has workflow automation and portfolio accounting features, as well as reports and integrations. The tool can be deployed in the cloud or on-premises as a Windows installation, and live rep customer support is available 24/7.

Pros & Cons

Pros

  • Research management system
  • Automates workflows
  • Third-party data source integration

Cons

  • On-premises Windows only

What Customers Are Saying

This tool does not have any reviews that we can find, so we can't provide user feedback at this time.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Installed - Windows
    Web-Based, Cloud, SaaS
  • Support Options
    24/7 (Live Rep)
  • For Investment Advisors
    Yes
  • For Traders
    No
  • Portfolio Accounting
    Yes
  • Tax Management
    No
PORTAX After-Tax Portfolio Analysis Logo
PORTAX After-Tax Portfolio Analysis
The PORTAX After-Tax Portfolio Analysis solution was initially developed in 1994 for investment professionals focused on the tax implications of trading activity. The application allows users to perform longer-term analyses and comes with asset allocation, cash projection, and tax planning functionalities.

Coverage of the key elements noted above is extensive, and the tool is suitable for use by both traders and investment advisors. It can be installed locally on a Windows setup, and assistance is provided by phone during business hours.

Pros & Cons

Pros

  • Can analyze up to 100 assets
  • Monte Carlo simulation
  • Economic forecast modeling

Cons

  • Not available on Mac OS

What Customers Are Saying

This tool does not have any reviews that we can find, so we can't provide user feedback at this time.

Summary

PORTAX After-Tax Portfolio Analysis Logo
PORTAX After-Tax Portfolio Analysis
  • Starting Price
    • PORTAX Version 8.4 Annual Single User without Technical Support: $49/month ($4/month/additional user)
    • PORTAX Version 8.4 Annual Single User with Technical Support: $79/month ($7/month/additional user)
    • Contact for more pricing options
  • Free Trial/Demo
    Free Demo
  • Deployment
    Installed - Windows
  • Support Options
    Business Hours
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    Yes
Advantage Logo
ReconAdvantage
The ReconAdvantage solution was originally developed more than 25 years ago by PortfolioShop, a company specializing in software development and data management.

ReconAdvantage's accounting functionality covers fundamentals such as daily reconciliations, real-time valuations, and GIPS-compliant performance composites. Risk can be viewed from multiple perspectives, and users can design their own stress-test models. Reporting is available in PDF, XLS, and TXT formats, and help is available by phone during operating hours.

Pros & Cons

Pros

  • Up to-the-minute asset valuations
  • Global Investment Performance Standards (GIPS)-compliant tools
  • Extensive option analytics capabilities

Cons

  • Prices Not disclosed

What Customers Are Saying

Customers say ReconAdvantage is both intuitive and powerful, particularly those who've used it for a while. Users are happy with the knowledge, attention, and support the staff gives them.

Summary

Advantage Logo
ReconAdvantage
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
  • For Investment Advisors
    No
  • For Traders
    Yes
  • Portfolio Accounting
    Yes
  • Tax Management
    No
Stock Portfolio Organizer Logo
Stock Portfolio Organizer
The Stock Portfolio Organizer software tool is designed with ease of use in mind. The application allows users to perform gain/loss analysis and income tracking. It can also handle corporate actions including splits, mergers, and takeovers.

Risk management elements include stop-loss and target rules, and alerts can be set up to notify a trader or advisor when established limits are reached. The tool is deployed through a local Windows installation, and customers can get in touch with the support team by phone during business hours.

Pros & Cons

Pros

  • Historical performance charting
  • Does group trades
  • Built-in scripting for added extensibility

Cons

  • Windows only

What Customers Are Saying

While it may not deal with overseas markets particularly well, Stock Portfolio Organizer is still a powerful tool that many like because it helps them make better buy/hold/sell decisions. They find the ability to track trades and import data helpful in organizing their portfolios.

Summary

Stock Portfolio Organizer Logo
Stock Portfolio Organizer
  • Starting Price
    • Stock Portfolio Organizer Standard Edition: $99
    • Stock Portfolio Organizer Professional Edition: $199
  • Free Trial/Demo
    30-Day Free Trial
  • Deployment
    Windows
  • Support Options
    Business Hours
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    No
  • Tax Management
    No
Tamarac was founded in 2000 and acquired by Envestnet in 2012. Tamarac offers a suite of products to help registered investment advisors with their portfolio rebalancing, reporting, and customer relationship management (CRM) needs.

The company’s entrant in this category is the PortfolioCenter Cloud solution. Built with growing advisory businesses in mind, the tool includes risk management, reporting, and client billing functionalities. Investment advisors have more than 70 reports to choose from, and integration partners include Charles Schwab, FactSet, Morningstar, and Salesforce.

Pros & Cons

Pros

  • Over 70 flexible standard client reports
  • Integrates with industry-specific and popular applications
  • Numerous billing options

Cons

  • Charges hourly support rate
  • Price plans not listed

What Customers Are Saying

Customers say Tamarac's reports are simple, even though the system integration isn't always ideal.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • For Investment Advisors
    Yes
  • For Traders
    No
  • Portfolio Accounting
    No
  • Tax Management
    No
VectorVest Logo
VectorVest
For more than 40 years, the VectorVest solution has supplied traders and advisors with stock analysis and recommendations. The application uses mathematical models that evaluate stocks based on three factors: value, safety, and timing.

VectorVest offers reporting and integration functionalities. The tool can be deployed in the cloud or on-premises as a Windows installation. Support channels include phone assistance during business hours as well as online resources.

Pros & Cons

Pros

  • Offers timing indicators
  • Access to four international markets
  • Select from pre-built models

Cons

  • Windows only

What Customers Are Saying

Seasoned investors have a lot of good things to say about the VectorVest platform, which they call strong and thorough. The guidance they get helps them make more informed decisions. Many are impressed with how much guidance they get from customer support. Overall, users are happy with how easy it is to use.

Summary

VectorVest Logo
VectorVest
  • Starting Price
    • 30-Day Trial Special Offer: $0.99
    • Basic: $69/month
    • Enhanced: $89/month
    • Premium: $129/month
  • Free Trial/Demo
    30-Day Paid Trial
  • Deployment
    Installed - Windows
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • For Investment Advisors
    Yes
  • For Traders
    Yes
  • Portfolio Accounting
    No
  • Tax Management
    No

How We Chose the Best Stock Portfolio Management Software

Proper handling of a stock portfolio involves more than just tracking performance. A competently administered investment program also requires consideration of factors such as risk concentration, tax implications, investor goals, and compliance.

Stock portfolio management software can help users stay on top of these issues and allow them to act efficiently when changes need to be made. A number of programs exist, each with strengths in different areas. For our list of the 20 best providers, we assessed contenders on three aspects: features, user types, and reports. 

Features

Leading platforms in this category should offer a breadth of features that support investment teams and their business requirements. Portfolio accounting, risk management, and tax management are functional areas that should be covered by top-notch solutions. 

User Types

Both traders and investment advisors can be tapped to manage portfolios, and many companies in the investment field will employ both. As such, a system that's flexible enough to support both user types represents a good investment. 

Reports

As with many other professions, continuous improvement in stock portfolio management is a desirable goal. Detailed reporting can be a vital tool for measuring progress, spotting missed opportunities, or identifying practices that aren’t producing any longer.