Who Uses This Software?

Investment advisors, wealth managers, RIAs, financial planners, brokers, hedge funds, family offices, and #fintech developers.


Average Ratings

8 Reviews

  • 3.5 / 5
    Overall

  • 3.5 / 5
    Ease of Use

  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Trial
    Yes
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • FinFolio
  • www.finfolio.com
  • Founded 2008
  • United States

About FinFolio

FinFolio makes wealth management simple for investment advisors. Performance reporting, trading, portfolio rebalancing, order management, contact management, billing & client portals on a single platform. Integrates with most products in the wealth management space. Runs in the cloud or can be installed locally.


FinFolio Features

  • Accounting Management
  • Benchmarking
  • Bonds / Stocks
  • Client Management
  • Client Portal
  • Commodity Futures
  • Compliance Reporting
  • Data Import / Export
  • For Investment Advisors
  • For Investors & Traders
  • Fund Management
  • Modeling & Simulation
  • Performance Metrics
  • Portfolio Rebalancing
  • Real Estate
  • Risk Management
  • Billing & Invoicing
  • Client Management
  • Data Warehousing
  • For Investment Advisors
  • For Traders
  • Order Management
  • Portfolio Accounting
  • Portfolio Rebalancing
  • Risk Management
  • Tax Management
  • Technical Analysis
  • Wash Sale Detection

FinFolio Reviews Recently Reviewed!


Provides a high level of customization but transition from previous provider has been bumpy

Mar 23, 2018
3/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 6.0/10 Not
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Pros: Pricing. Our firm prefers a pricing model of by seat rather than by account or AUM. The high level of customization in terms of how we view information to how we report information to clients has been great.

Cons: Coming from dbCAMs we have seen several issues with the transition of old data into the new system. Secondly, with every update to Finfolio there has been some glitch that has affected the way we utilize the system causing a stop on work on our end and extra time of my employees working with customer service or developers to develop a fix.

Overall: reporting and billing of assets under management

Vendor Response

by FinFolio on April 30, 2018

Thanks for the feedback!

Sorry you had a rough transition. FinFolio is the only system that will convert data from dbCAMS+, and we do our best to work with the client to fix any problems we find in the old software.

It sounds like you are on our 1.0 desktop product. We'd love a chance to upgrade you to FinFolio 2.0 which is web based and much easier to use. It retains much of the flexibility of the desktop product and, in many ways, is even more customizable.

- FinFolio

I think it is a great software when it works properly. There are too many glitches.

Mar 23, 2018
3/5
Overall

2 / 5
Ease of Use

3 / 5
Features & Functionality

4 / 5
Customer Support

3 / 5
Value for Money

Pros: I like creating views and being able to pull information into an excel file. I like the exporting of the billing to upload to custodians. I like the reports when the information is correct.

Cons: It is very slow. Some of the information that is pulled into the reports make zero sense and if I closeout and restart FF, then the report will make sense. It should not glitch so much. The analysis button should be a little more user friendly or have a user guide that can explain it better.

Vendor Response

by FinFolio on April 30, 2018

Thanks for the feedback! It sounds like you are on our 1.0 desktop product. We'd love a chance to upgrade you to FinFolio 2.0 which is web based, faster and easier to use.

"Reports make zero sense" sounds like you may be self-hosting and doing your own data reconciliation. We can do this for you, although it may cost more. Please contact our support team and we can give you a quote for taking this over.

- FinFolio

We have been pleased with Finfolio's capability and customer help service.

Mar 23, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

3 / 5
Value for Money

Pros: Great deal of flexibility as it relates to report presentations and its multi currency capability. Also like the ability to manually enter data and build model portfolios to track performance. Like the ability to build reports that meet our needs as a firm and personalize with logo etc..

Cons: Due to the flexibility and customization sometimes it is difficult to troubleshoot and pinpoint problems with reports or bugs that may arise. Sometimes the applications slows down or freezes and have to jump out of specific sections to refresh.

Great portfolio accounting software

Nov 28, 2018
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: We liked the value relative to other software we tested out.

Cons: The conversion from our old portfolio accounting software was difficult, though we expected that regardless of which company we went with. The interface on both the desktop and web app were pretty intuitive so learning the software was still better than expected. Getting the data into FinFolio formatting was time-consuming.

Overall: We've dramatically reduced the time for billing and reporting on a quarterly basis. We've also been able to speed up the process of implementing and rebalancing our investment models.

Capterra loader

This is the "Hands Down" Best Portfolio Management Software Available!

Feb 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The ease of use as well as the user interface, not to mention the functionality, and flexibility! I've been in the industry for 20 years and I've tried every other portfolio management software and this is by far the best available!! Most of the other software available may have pieces of what FinFolio has to offer, but finfolio is the total package.

Cons: They're relatively small,...but that actually turns out to be a "Pro" as well, they have a dedicated group of industry experienced service people that understand the needs of a portfolio manager.

Overall: Ease of use, as well as great customer support! Being able to look at my entire practice at multiple levels and easy block trading as well as well as the most important clearing firm integrations!!! This software is lightyears ahead of the competition! It has allowed me to run my firm at the highest level of efficiency!

Capterra loader

Much improved, but not as reliable as it needs to be--yet.

Feb 15, 2019
2/5
Overall

3 / 5
Ease of Use

5 / 5
Features & Functionality

1 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
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Pros: FinFolio is highly customizable and the GUI interface makes light work of most reports. The graph and chart capabilities are great--when they work properly. A primary reason I choose FF is because they were willing and able to import historical transactions from multiple portfolio reporting software. The import process is relatively easy, but the reconciliation process (via reports) is cumbersome. The ability to view and report portfolios in multiple ways is rare in the industry.

Cons: I've cycled through several "customer service" reps since signing on in late 2017. Turnover has been high and responsiveness has been slow. I like the capabilities FF offers, but I've had trouble with several essential functions such as custom report writing, cost basis calculations, and speed. The system was very slow when I first started, but is a non-issue today thanks to some upgrades.

Overall: I'm very excited for FF to reach its full potential, but it's not there yet. Before recommending FF I'd need to see more reliability, better reconciliation procedures, individually assigned customer services reps, and a better digital help library to use the many custom features FF software promises.

felixible, powerful and now in the web version simple too!

Jan 14, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: for us the flexibility is great and the complete suite of Restful API's

Cons: trading in the desktop version was a bit cumbersome, but since last summer we have been able to run everything off the web

Overall: i like the product and the organization is responsive and collaborative

Tried to get Finfolio going for 9 months and still didn't work

Feb 06, 2019
2/5
Overall

2 / 5
Ease of Use

3 / 5
Features & Functionality

4 / 5
Customer Support

1 / 5
Value for Money
Likelihood to Recommend: 2.0/10 Not
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Extremely
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Pros: In principle this software has some great features if it actually worked but there are a lot of bugs (as of October 2018).

Cons: It just didn't work. We would run client fee reports and get different numbers every time - or no calculations at all. Same thing for AUM reports. Also, it is slow. It can't handle composite benchmarks for performance reporting. The charts don't work. All of this pertains to the web-based version of the software - it is clear they just didn't Beta test it thoroughly.

Overall: An awful experience. I was charged $7,000 and my portfolio manager and I spent 9 months with the Finfolio team trying to get this software going for our RIA firm - it never happened. I never got my $7,000 back even though the software was unusable. They ask you to sign a three-year agreement that basically says they don't have to give your money back if their software doesn't work - now I understand why. This review pertains to the web-based software as of 10/2018.