What is your favorite portfolio analysis tool?

A reader, who shall be named Dollarwise Dan, sent me an email this week asking for the best way to get a snapshot of his portfolio. He actually works at a BIG brokerage firm, but the company has no portfolio analysis tools. Instead, they are pushing him toward a full-service broker. (No surprise there.) “It would take some effort to enter all of my holdings into a system, but I’d be willing to do it for the right tool,” Dollarwise Dan says.

His laundry list of requirements include a program that can track at least 30 ticker symbols for mutual funds and equities, as well as a snapshot of allocations broken into categories. He’s looking for risk analysis, and, if possible, taxable-income analysis. Finally, he’d like a program (preferably online) that can analyze his taxable, as well as tax-deferred, holdings.

My first thought is for him to try this with Morningstar’s portfolio analysis tools, but that doesn’t offer everything he is looking for.

Suggestions?

Before it's here, it's on the Bloomberg Terminal. LEARN MORE