Why a multi-broker wealth tracker

Product constraints push fragmentation. PEA eligibility, fee schedules, research tools, and listing access differ by broker. Optimising taxes and market access often means two or three venues, not one.

Life events add accounts: an employer PEE, an old bank PEA you never closed, a new IBKR account for US options or cheaper FX, a crypto exchange for a small satellite. Each app is fine in isolation. Together they become a reporting problem.

Consolidation at the custodian level (transfer everything to one broker) is sometimes right — and often expensive in taxes, paperwork, and lost PEA history. Analytics consolidation is usually cheaper and reversible.

Spreadsheets break on FX conversion, corporate actions, partial fills, dividend withholding, stock splits and contribution timing. One missed deposit and your time-weighted return becomes fiction. One wrong EUR/USD rate and your “allocation” is theatre.

Broker home screens show their own account well. They rarely show PEA + US brokerage + crypto as one net-worth number and one risk picture. Exporting CSVs into a personal ledger every Sunday does not scale past a few dozen lines of history.

Money-weighted vs time-weighted confusion is common. If you add cash after a rally, naive “% since inception” from a broker can flatter or punish you unfairly. A proper tracker separates cash flows from market performance.

Separate accounts that mirror how you bank: PEA, brokerage, PEE, crypto — not one flattened blob that loses tax envelope meaning.

Shared analytics on top: allocation by asset class and geography, dividends received, and performance that respects deposits and withdrawals.

Ingestion flexibility: broker sync where APIs or Flex feeds exist, CSV/Excel import when they do not, and manual positions for edge cases.

Read-oriented integrations. A wealth tracker should not need trading authority to show you the truth of what you already own.

You open three apps to answer one question about total equity exposure.

Your annual dividend estimate lives in a note app, not in a reconciled ledger.

You cannot explain last year’s return after a big transfer between brokers.

You rebalance by gut because you do not trust any single allocation chart.

Wolfora is built as a B2C wealth cockpit: connect Saxo or Interactive Brokers, import history when needed, and keep manual or CSV-fed accounts for envelopes without an API. You keep the legal structure of each wrapper at the broker while viewing consolidated portfolio, allocation and dividends in one place.

For French investors, the PEA vs brokerage split is especially important — see the dedicated PEA guide. For connection details, see the Saxo and IBKR Flex guides.

Start with a 14-day trial, map your real accounts (not a fantasy single portfolio), and only then decide which syncs to enable. Clean account structure beats a rushed API connection into the wrong bucket.

First list every venue that holds investable assets: PEA, CTO, PEE, crypto, maybe a joint account. Give each a Wolfora account name you will still understand in twelve months.

Second, load history for the largest or oldest account so charts have a real start date. Third, enable syncs (Saxo, IBKR Flex) where available. Fourth, CSV-import the awkward leftovers.

Only after positions look right should you stare at allocation and performance. Garbage-in still produces elegant nonsense dashboards.

Revisit labels when you migrate brokers. If Trade Republic history moves into an IBKR-funded CTO, decide whether that is one continuous brokerage story or two eras — then model it explicitly.