Why a multi-broker wealth tracker
Holding assets across several brokers is normal for European investors. Having one reliable answer to “what is my net worth, how did I perform after deposits, and how am I allocated?” is not. A multi-broker tracker closes that gap without requiring you to move everything to a single custodian.
Why portfolios fragment
PEA eligibility, fee schedules, market access and life events — an employer plan, an old bank account, a new neo-broker — naturally push money into several venues. Optimising tax and listings often means two or three custodians, not one.
Transferring everything to a single broker can be costly in tax and administration. Consolidating the analytics is usually cheaper and reversible.
Where spreadsheets and broker apps fall short
Personal spreadsheets break on foreign exchange, dividends, deposits and corporate actions. One missed transfer and the calculated return becomes unreliable.
Each broker application presents its own account clearly. None of them reliably shows PEA, brokerage and crypto as a single net-worth and risk picture.
A naive “percentage since inception” can overstate or understate skill when you add cash after a rally or a drawdown.
What good consolidation requires
Separate accounts that mirror reality — PEA, brokerage, crypto — rather than one flattened portfolio that erases tax meaning.
Shared analytics on top: allocation, dividends, and performance that respects deposits and withdrawals.
Flexible data intake: automatic synchronisation when available, file import when not, and manual positions for edge cases.
A practical setup sequence
List every venue that holds investable assets and give each account a name you will still understand in a year.
Load history for the largest or oldest account first, so charts have a meaningful starting point.
Enable automatic synchronisation where it exists, then import the remaining history from files.
Only then review allocation and performance. Clean structure matters more than a rushed connection.
You have likely outgrown broker apps alone when you open three applications to answer one exposure question, cannot explain last year’s return after a transfer, or rebalance without trusting any single chart.
FAQ
Is this the same as a robo-advisor?
No. A tracker analyses what you already hold. A robo-advisor typically manages or moves money. Wolfora focuses on visibility across your existing brokers.
Can my bank’s aggregator replace this?
Bank aggregators help when everything sits in the same banking group. They often miss neo-brokers or crypto. A dedicated tracker is built for mixed custodians.
Do I need an API for every broker?
No. Synchronise where a connection exists; file import and manual accounts cover the rest. Completeness matters more than perfect automation.
Related guides
- PEA vs brokerage account
PEA or ordinary brokerage (CTO)? Eligibility, contribution ceiling, tax after five years, US stocks — and how to track both envelopes together.
- Add your broker
Two ways to bring a brokerage account into Wolfora: connect a supported broker automatically, or import a transaction file when sync is unavailable.
- Why your +18% can be misleading
Your app shows +18% while a large deposit leaves you feeling poorer — or +5% after an old line doubled. What the percentage measures, and how to read performance after cash flows.