Mint.com added a few more spokes to its Web-based personal financial management (PFM) system. The company announced this week that it’s added investment tracking and analysis software to its latest release that moves its offering – which now includes 500,000 users – out of its public beta standing.
Consumers signed up on Mint.com can now – if they dare, these days – track their daily investments in 401(k) plans, IRAs, mutual funds and brokerage accounts. Besides updating with end-of-close prices, the software also ranks asset performance within the portfolio, and compares investment value against Dow, S&P and other major indices, according to Mint.com. Consumers can also get complete visibility on what they’re paying in investment fees, and can also get advice from Mint.com’s IRA Advice Center on rollovers.
The investment tracking features, which have been in private beta for five months, include a graphical presentation of portfolio allocations, and like Mint.com’s previous versions, it’s still free.
CEO and founder Adam Patzer says the investment tools – following a string of upgrades in budgeting, cash-flow tracking and data categorization – fully rounds out Mint.com’s “PFM” suite strategy, nearly a year after it was launched.