Wealthica
Canadian financial-account aggregator that syncs banks and brokerages into one dashboard with an add-on store.
Wealthica is a Canadian financial-account aggregator that pulls balances, holdings and transactions from banks and brokerages once daily into a single dashboard, with an add-on (“Power-Ups”) store layering reports and third-party tools on top. It is aggregation-first: the free tier caps you at three institutions, and the paid ladder (CAD $50–$250/year) is priced mostly on how many and which institutions you may connect rather than on analytical depth. Running out of Montreal since 2015, it also sells the same pipes to advisors and institutions. Native health scoring, rebalancing and backtesting are not built in — they come from separate paid add-ons by other vendors.
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 investors with accounts scattered across several institutions whose main problem is knowing their total net worth, especially bilingual households wanting a consolidated family balance sheet.
Strengths
- Deep Canadian bank and brokerage coverage with an in-house connector collection, backed by Plaid/Yodlee on paid tiers
- Benchmark comparison against the S&P 500 / S&P/TSX on the free tier
- A real extension platform: an MIT-licensed add-on framework, a Power-Ups store and daily Google Sheets / Excel sync of your own data
- Genuinely bilingual product (English and French), including the app
- Household consolidation — assign accounts and assets to family members for a combined balance sheet
Trade-offs
- The return figure has no documented methodology (no TWR/MWR/IRR/XIRR in its own API) and sits over a user-editable book value
- The free tier is a 3-institution teaser; unlimited syncing was removed in late 2023
- Health scoring, rebalancing and backtesting all require separate paid add-ons by other vendors
- No AI in the consumer product, and US coverage is a Premium-tier beta — it is essentially Canada-only
- File import is transactions-only CSV onto a manual asset; no holdings import, no XLSX or PDF
Wealthica vs PortfolioGlance
Wealthica genuinely beats us on Canadian institution coverage: if your real pain is many accounts across several Canadian banks and brokerages refreshed nightly, it does something we deliberately do not. It also has native mobile apps and a bilingual EN/FR interface. But its return figure names no method — its own API exposes only gains over an editable book value, with no time- or money-weighted return anywhere — and health scoring, rebalancing and backtesting are bought as separate add-ons from other companies. PortfolioGlance publishes both TWR and MWR, includes the health score, rebalancing, goal projection and AI analysis as core, and keeps that analytical stack free. Their own comparison pages concede they focus on total value tracking over analytics. Wealthica answers “what do I own tonight”; PortfolioGlance answers “how is it performing, and what should I change”.
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This overview is editorial and for information only — not financial advice or an endorsement. Features and pricing may have changed since publication; check the official site for the latest details.