Wealthica
Pulls Canadian bank and broker accounts into one dashboard, updated daily. Free for 3 institutions, paid from CA$50 a year.
Canadians with accounts at several banks and brokerages get one number from Wealthica: the total. Once a day it pulls balances, holdings and transactions into one dashboard, and the app works in English and French. The free plan connects 3 institutions. Paid plans cost CA$50, $75, $150 or $250 a year and are priced mostly by how many institutions you can link, not by analysis. Rebalancing and backtesting aren't built in: they come as paid add-ons from other companies, such as Passiv. We read its public API spec to see how returns are calculated and found only gain over a book value you can edit, with no time- or money-weighted return anywhere.
Features at a glance
| Feature | Wealthica |
|---|---|
| Pricing | Freemium |
| Tracking & data | |
| Manual entry | Yes |
| CSV / broker import. Import holdings and transactions from broker or exchange CSV files. | Partial |
| Automatic bank/broker sync. Connects to your bank or broker to pull holdings in automatically. | Yes |
| Multi-asset | Yes |
| Multi-currency | Yes |
| Dividend tracking | Yes |
| Dividend/income forecast. Projects future dividend income and shows an income calendar. | Yes |
| Tax reports | Partial |
| Analysis & insights | |
| AI portfolio analysis | Not supported |
| AI asset & market analysis. AI commentary on individual holdings and market context, not just the whole portfolio. | Not supported |
| Portfolio health score. A single score rating diversification, concentration and other portfolio-health signals. | Partial |
| Rebalancing & drift. Shows how far your allocation has drifted from target and how to correct it. | Not supported |
| Goal & time-to-goal | Not supported |
| Custom groupings / tags. Group holdings by your own dimensions (e.g. strategy, theme), not just asset class. | Yes |
| Return method (TWR/MWR). True time-weighted (TWR) and money-weighted (MWR/XIRR) return — not just a simple % change. | Not supported |
| Benchmark & alpha. Compare returns against a benchmark, including alpha. | Yes |
| Backtesting & scenarios. Test a portfolio against historical data or run scenario simulations. | Not supported |
| Access & pricing | |
| Free tier | Yes |
| No account linking required. Works without connecting a bank login or aggregator. | Partial |
| Open source | Not supported |
| Self-hostable | Not supported |
| Public API | Partial |
| Platform & reach | |
| Mobile app | Yes |
| Multi-language | Yes |
| Community & extras | |
| Public / social portfolios. Share your portfolio publicly and follow other investors. | Not supported |
| AI portfolio roast. A shareable AI roast: a frank critique of a portfolio. | Not supported |
Best for
Canadian households with accounts at several institutions who mainly want to know their net worth, in English or French. If you care how your return is calculated, look elsewhere: Wealthica doesn't name a method.
Strengths
- Daily sync with Canadian banks and brokerages, with Plaid and Yodlee added on paid plans
- Benchmarks against the S&P/TSX Composite or S&P 500 on the free plan
- Family accounts in one balance sheet, plus a daily copy of your data to Google Sheets or Excel
Trade-offs
- No documented return method, and the figure rests on a book value you can edit
- The free plan covers 3 institutions, since unlimited sync was dropped in late 2023
- Rebalancing and backtesting only as paid add-ons from other vendors
Wealthica vs PortfolioGlance
Wealthica covers far more Canadian institutions than we do, since we connect to none, and it has native apps in English and French. Where we differ is the return: we calculate time- and money-weighted returns with a stated method, and rebalancing and goals are built in rather than sold by third parties. Wealthica's own comparison page says it focuses on total value rather than analytics. If tonight's total across your Canadian accounts is what you need, use Wealthica.
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Alternatives and rankings
This is our editorial review, not financial advice. Features and prices may have changed since we checked, so see the official site for the latest.