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Tracking your net worth helps you understand your overall financial picture and if you’re moving in the right direction. But if you’ve ever used free net worth tracking apps before, you probably know how inncaurate they can be.
But Kubera isn’t your average tracker. This portfolio and net worth tracking tool syncs with 20,000+ banks and brokerages, and it also offers incredible crypto and DeFi support. It’s one of the more comprehensive trackers out there, and it excels for larger portfolios.
However, Kubera isn’t free, and it lacks budgeting tools you might want. Our Kubera review is covering exactly how the platform works and, more importantly, how to decide if you should use it or not.
Pros & Cons
- Syncs with over 20,000 banks and brokers
- In-depth crypto and DeFi tracking
- No ads
- Kubera doesn’t sell customer data
- There’s no free plan
- Kubera doesn’t have any budgeting or investing tools
What Is Kubera
Kubera is a premium portfolio and net worth tracking tool that lets you monitor your investments, real estate holdings, and other asset classes so you get a complete picture of your finances.
The platform says it’s the “world’s most modern net worth tracker,” and the range of assets it can track certainly helps to support this claim.
The company only began in 2018. But since its inception, Kubera’s grown to track over $12.10 billion for individuals and $3.4 billion for institutions.
Who Is Kubera For?
If you want the most in-depth net worth tracker on the market right now, Kubera is for you. This is especially true if you have an extensive crypto and DeFi portfolio that many other net worth trackers don’t work with. We also like Kubera if you want a spreadsheet-style system for inputting assets and liabilities manually.
If you want a net worth tracker that also has budgeting tools or spending insights, Kubera isn’t for you. This is strictly a paid portfolio and net worth tracking tool, not an all-in-one financial software package.
How Does Kubera Work?
You sign up for Kubera with your Gmail account. You pay $1 to try the platform for 14 days before deciding to pay for a subscription or not. Signing up requires your credit card info, but you aren’t charged automatically at the end of your trial.
Once you’re inside Kubera’s dashboard, building your portfolio is incredibly snappy thanks to the number of banks, brokers, and exchanges it integrates with.
1. Connect Your Brokerage Account
After you sign up for Kubera, you begin adding various assets to your account so its software can track your portfolio. The easiest way to get started is to connect whatever online brokers and banks you use to Kubera.
Kubera works with over 20,000 banks and brokers from around the world, so you shouldn’t have trouble connecting your accounts. Alternatively, you can enter individual ticker symbols to track your holdings that way. Kubera works with all major stock exchanges in the United States, Canada, UK, Europe, Asia, Australia, and New Zealand.
Once you add your brokerage accounts or individual stock and ETF holdings, Kubera breaks down all of your investments under a central dashboard. It took me about two minutes to add a handful of stocks for my demonstration portfolio:
If you add assets from your broker, Kubera knows when you purchased them, so it highlights if holdings are positive or negative. It also tracks the rate of return (IRR) for every asset and lets you benchmark performance against indices like the S&P 500 or popular stocks like Tesla.
You can add the date you purchased assets if you enter them manually as well, but this takes a bit of extra work. Syncing your brokerage accounts is definitely the easiest way to start using Kubera.
2. Add Other Assets
After you add your brokerage to Kubera, it’s time to add other assets and liabilities you own to complete your portfolio.
The number of assets Kubera supports is what makes the software so great. Examples of assets you can add to your portfolio include:
If you’re a serious crypto investor, Kubera is also one of the best portfolio trackers you can use. Just like its brokerage connection, Kubera can sync with pretty much any major exchange or wallet you’re using. Alternatively, you can manually add crypto tickers like Bitcoin or Ethereum just like you can with other investments.
Furthermore, Kubera offers DeFi support, so you can add assets like NFTs or funds you have in a staking pool to your portfolio.
3. Add Liabilities
Since Kubera is a net worth tracker, it’s also important to add various liabilities to your account so you know your true net worth.
This process is the same as adding individual assets, and you can sync any loans and credit card bills from your bank so Kubera tracks your debt automatically. Alternatively, you can add debts manually by entering a name and value.
Once you enter your liabilities, you see a quick snapshot of your total assets, debts, and overall net worth on Kubera’s sidebar.
4. Track Your Portfolio & Net Worth
Your net worth tab shows a visual breakdown of how your net worth has grown or declined over time. I also like Kubera because it provides sleek pie charts that highlight your asset, debt, and investment allocations:
Overall, Kubera’s net worth dashboard provides a very nice, simple overview of how you’re doing in terms of wealth building.
5. Share Your Portfolio
You can send a read-only link to your Kubera portfolio, which is useful if you’re working with a financial advisor or even when applying for loans.
Kubera Pricing & Fees
Kubera’s personal plan costs $150 per year. You can also pay $1 to try out the platform for 14 days. Your trial doesn’t renew automatically, so you can build your portfolio to see if you like using Kubera before deciding to buy.
There’s also Kubera’a Institutional plan for CPAs, advisors, and family offices, but you have to contact the company for a custom quote.
There are free net worth trackers out there like Mint, or Personal Capital. However, Kubera doesn’t sell your data, and the only way the company makes money is through subscription fees. And it also syncs better with your bank and brokerage account than many apps like Mint that often have syncing issues.
Is Kubera Safe?
As mentioned, Kubera doesn’t sell any of your data, and maintaining customer privacy is one of the main advantages of using it. Additionally, it uses third-party financial account aggregator services like Plaid to connect to your bank and brokerage accounts. This means Kubera doesn’t have any of your banking or brokerage details, and the same goes for crypto exchanges and wallets since it relies on API keys and secret keys to connect.
Data is encrypted at-rest and in-transit as well. And there are other security features like two-factor authentication you can enable. Finally, Kubera also works with external security firms to run audits on a regular basis.
Overall, it’s a safe portfolio and net worth tracking app that uses the same security protocols are other major FinTech companies.
How to Contact Kubera
You can reach Kubera by emailing firstname.lastname@example.org. There’s also a chat widget on its website and when you’re logged in that you can use to contact customer support. According to the widget, Kubera normally responds within a few hours.
In the world of portfolio and net worth trackers, Kubera is one of the best options out there. It’s a premium service, but you certainly get what you pay for. And if you want in-depth crypto and DeFi support, it’s the best tracker, hands down.
However, Kubera is just a net worth and portfolio tracker. You don’t have any budgeting tools or spending insights, and you can’t invest through the platform either.
If you’re current costs, we suggest sticking with a free app like Mint. Plus, there are other Kubera alternatives that are excellent choices if you want more features.
Personal Capital is our favorite Kubera alternative if you want a more comprehensive portfolio and net worth tracker. You get a free net worth tracker with Personal Capital, and you can link your bank and investment accounts just like Kubera. Adding manual crypto holdings also lets you track your crypto portfolio.
Plus, Personal Capital has a range of other free tools, including a budgeting tool, investment fee analyzer, and savings planner. And if you invest $100,000 or more, you can use its wealth management service and work with an advisor to build a custom investment strategy.
Kubera is still a more comprehensive portfolio and net worth tracker. But Personal Capital is much more rounded, especially if you want some budgeting features.
If you’re looking to get out of debt and build a budget that works, YNAB, which stands for You Need A Budget, is your best option.
YNAB works on the premise of giving every dollar a job. It highlights your areas of major spending and helps you put money to work to pay off debt, build your emergency fund, and save. And once you import your transactions to the app or web version, it can automatically categorize expenses so you know what you’re spending per category.
There’s also net worth and spending reports, so you get an overview of your finances like Kubera.
Your net worth is an overall indicator of your financial health, and tracking it helps you know if you’re moving in the right direction or not. But with how fast the financial world moves, many free net worth trackers don’t support emerging asset classes like crypto. Furthermore, many free trackers have frequent syncing issues or stuff your dashboard with ads.
With Kubera, you get a seamless, premium net worth tracking tool. You have to pay for the luxury, but for more complicated portfolios, the annual price could be worth it.
I prefer options like Personal Capital if you want more features like budgeting and savings tools. But for a sleek and easy-to-use net worth tracker, it’s hard to beat Kubera.