Taking a Closer Look at Personal Capital

Created in 2009, Personal Capital is a digital investment manager that seeks to give users the tools they need to properly go about retirement planning, portfolio management, and personal budgeting. 

It’s different from straight personal finance budgeting apps like Mint, but also not quite like the mutual funds that manage billions of dollars.

Personal Capital has two parts to its offerings. The first is a suite of free financial tools to help elevate your finances, and the second is a full-featured robo-advisor platform.

The first part includes a budgeting application that lets you keep tabs on all of your spending and earnings, and lets you easily view where you stand financially.

Personal Capital lets you link all of your accounts to the service, meaning that you don’t need to spend the time to manually input updates of your finances. 

If you think that Personal Capital is for you, you’ll want to know how to go through the setup process as smoothly as possible.

The first thing you’ll want to do is assemble a list of your basic information and also mentally prepare for an encounter with a Personal Capital employee to talk about your financial situation.

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