Personal Capital (Empower)

Personal Capital, now rebranded as Empower, is the best free tool for investment and net worth tracking and the most appropriate app for people whose primary financial goal is investment management rather than day-to-day budgeting. The portfolio analysis tools — fee analyzer (shows what you are paying in mutual fund expense ratios in actual dollars), investment checkup (compares your allocation to target), and retirement planner — are the strongest in any free consumer app. The net worth dashboard aggregates all assets including real estate (via Zillow estimates), investment accounts, bank accounts, and liabilities. The catch: Empower generates revenue by connecting users with human financial advisors — expect sales outreach when your account balance crosses $100k. The tools themselves remain free and genuinely excellent.