Keep Track Of Investments On Multiple Bank Accounts - Blog Wealthbrain

Keep track of investments on multiple bank accounts.

With current events happening around the world there has been a shift in the way people think about what to do with their finances. Technology and the internet have become a major part of people’s day-to-day life. Financial technology is also known as Fintech has become one the fastest growing industries in the world ranging from banking, investments, retail transactions, internet, and mobile banking to financial solutions, etc. Investors looking to grow their wealth have a range of investments in multiple banks, lifestyle assets, trading platforms, etc.

The core focus of investors is to always make money at the maximum profit achievable to meet immediate short-term and long-term goals.

While using various forms of investments to secure your money and future is the best way to meet your financial goals, keeping track of your investments and savings is a daunting task.

The key to making the best of your monetary gains is to know when and how to invest your money. There are various options available to the scrupulous investor who can invest in

  • Cash accounts 

  • Equities 

  • Fixed Income Products

  • Commodities

  • Mutual Fund

  • Bank Deposits

  • Structured products 

  • Insurance 

  • Crypto currencies

The Hurdle We Face with Multiple Statements!

With increasing dependence on technology and lifestyle changes, there has been a shift from paper to platform applications. Gone are the days of setting up appointments with your wealth managers for the basic requirement of information or statements to be shared with you. With the advancements made in Fintech, now you can rely completely on your mobile applications to get all the information you require on the go.

Most investors do not have the time to go through different statements of their multiple investments made locally or internationally. It does become challenging to keep track of your investments and doesn’t give you a clear picture of how your profile is performing. This results in investors not understanding where and how their investments have unrealized gains or losses.

In short, although banks provide statements at regular intervals, managing investments from various locations could be a hassle, and you could end up losing the opportunity to book your profits or minimize your losses based on the market movements. With help of a consolidation platform, you can make informed decisions and never miss an opportunity during market tides.

Track Statements from All Banks with Ease

Thankfully, there are several ways to track your finances and provide updates so that you can manage all of your investments in the comfort of your home or office. There are a few ways in which you can keep track of all your investments by keeping them in one place.

 Microsoft Excel

Spreadsheets have been a time-tested way to keep track of multiple portfolios. Keeping track of your investments using a spreadsheet is particularly easy if you have just begun your journey into the world of investments. You can have a separate sheet for each bank account, and manually enter the details you require.

The main drawback of using a spreadsheet is that you will have to keep updating the numbers, and you could lose your data unless it’s stored in a cloud. Also, deletions and inclusions could prove confusing and there is room for error.

Google Sheets

Online spreadsheets not only help you to collaborate your data, but they also provide access from other devices such as your smartphones or any other device provided you have your login details. You will get the advantage of cloud storage; however, the deletions and inclusions of data are always a possibility. This is a buy product with any manual software.


This is another application that helps you build spreadsheets on your computer, tablet or smartphone, and provides you unlimited access across these devices. As with other spreadsheets, you will have to enter your data manually and create graphs and charts.

These apps also provide a login so that you can use your laptop or desktop to keep a better eye on your investments and get a comprehensive idea.

Online tracking apps

For the tech-savvy investor, whether a large or small amount of your funds have been invested in various assets, keeping track of all the investment portfolios in one place is highly important. There are various applications, such as Wealthbrain, that helps you consolidate, track and analyze your portfolio in a single platform.

These tracking applications are gaining popularity because of the following reasons:

  • Consolidation of all your investment portfolios

  • Access to all your portfolio statements

  • Update on your investments’ value

  • Insight about asset allocation

Tracking Apps- The Future of Finance Is Here!


Contact us.

Talk to us to learn more about what we offer and how we make portfolio management easier for you.