Based on checking the website, Finary.com is presented as a comprehensive personal finance application designed to help users track, optimize, and invest their wealth.
It aims to simplify financial management by centralizing various assets, from traditional investments like stocks and real estate to cryptocurrencies and even exotic assets.
The platform emphasizes automated portfolio tracking, detailed performance analysis, and tools for budgeting and cash flow management, all with a strong focus on security and data privacy.
The platform positions itself as a solution for individuals looking to gain a holistic view of their financial situation, identify hidden fees, and plan for financial independence.
With over 500,000 users and a 4.7/5 rating from over 5,000 reviews, Finary appears to have a significant user base and positive reception.
Beyond tracking, Finary also offers investment opportunities, notably a “new generation” life insurance product and simplified cryptocurrency investment options, including staking and lending for passive income.
The company highlights its registration with relevant financial authorities and robust security measures, such as read-only access to connected accounts and data encryption, to build user trust.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
The Core Value Proposition: Automated Wealth Tracking
Finary’s primary draw lies in its ability to automate the tracking of a user’s entire financial portfolio.
In an age where investments are spread across numerous platforms—banks, brokers, crypto exchanges—manual tracking becomes a monumental, time-consuming task. Finary aims to eliminate this friction.
Connecting Diverse Financial Accounts
The platform boasts connectivity to over 20,000 banks, brokers, and crypto platforms globally. This extensive integration is crucial. Imagine having your checking account with one bank, your brokerage account with another, a crypto wallet on a third platform, and perhaps even some real estate investments. Finary consolidates all these disparate data points into a single, unified dashboard. This isn’t just about showing balances. it’s about providing a real-time, holistic view of your net worth across:
- Stocks & Funds: Your traditional equity and mutual fund holdings.
- Real Estate: Track the value of your properties.
- Cryptocurrencies: Integrate your crypto wallets and exchange accounts.
- Savings Accounts: All your liquid cash.
- Startups & Crowdlending: For those with more unconventional investments.
- Exotic Assets: The website even mentions tracking “watch collections,” highlighting the breadth of their asset tracking capabilities. This speaks to a focus on high-net-worth individuals or those with diverse, perhaps illiquid, assets.
Real-time Performance Monitoring
Once connected, Finary provides detailed performance monitoring through “clear and customizable graphs.” This isn’t just a static snapshot. It’s about seeing how your investments are performing over time, identifying trends, and understanding the impact of various market movements on your overall wealth. For someone who currently juggles multiple logins or relies on complex spreadsheets, this level of automation can save “hours every month,” as one user testimonial suggests. The ease and speed of setup, claiming to be “5 minutes thanks to our connectors,” further enhance its appeal.
Optimizing Your Wealth: Beyond Just Tracking
While tracking is foundational, Finary goes a step further by offering tools designed to help users optimize their financial position.
This moves beyond mere data aggregation into actionable insights.
Diversification Analysis
Identifying Hidden Fees
One of the most insidious drains on investment returns is hidden fees. Finary purports to help users “hunt for hidden fees” across their investments. These could be:
- Management fees from funds.
- Transaction costs from brokers.
- Custody fees from various platforms.
Even small percentage fees can significantly erode long-term returns due to compounding.
Tools that shine a light on these often-opaque charges empower investors to make more cost-effective decisions, potentially “saving the performance of your investments.”
Weekly Portfolio Reviews
Finary offers “weekly reports” and “portfolio reviews” to provide deeper insights into your asset analysis. This regular, structured review can help users stay on top of their financial health, identify areas for improvement, and make timely adjustments. It acts as a consistent pulse check on your investment strategy, much like a regular check-up with a doctor for your physical health. Quickzu.com Reviews
Financial Planning and Budgeting Tools
A truly comprehensive personal finance platform isn’t just about investments.
It also needs to address day-to-day cash flow and long-term financial goals. Finary integrates these crucial elements.
Cashflow Management and Budgeting
The platform aims to help users “regain control over their expenses to maximize their savings rate.” This is achieved through:
- Expense tracking: Categorizing and visualizing where your money goes.
- Budgeting tools: Setting spending limits for different categories.
By understanding spending patterns, users can identify areas to cut back and increase their savings, which directly impacts their ability to invest and build wealth.
Dividend Monitoring
For investors focused on income generation, Finary offers a feature to “monitor your dividends.” This includes:
- Projected annual dividend income: Giving an estimate of future earnings.
- Upcoming dividend payments: Helping with cash flow planning.
- Historical dividend tracking: Reviewing past payouts.
This is particularly valuable for dividend growth investors or those relying on investment income for living expenses.
The ability to visualize these income streams provides clarity and supports income-focused investment strategies.
Financial Independence Calculation
One of the most aspirational goals for many is financial independence. Finary provides a tool to “discover the age of your financial freedom” by projecting your wealth’s value in 30 years and helping you plan accordingly. This long-term projection feature can be a powerful motivator, illustrating the direct impact of current savings and investment decisions on future financial security. It helps to quantify what “financial freedom” looks like for an individual and creates a roadmap to achieve it.
Investment Offerings: Life Insurance and Crypto
Beyond aggregation, Finary positions itself as an active investment platform, particularly highlighting its “new generation” life insurance and cryptocurrency investment options.
Next-Gen Life Insurance
Finary promotes a life insurance product described as having “among the lowest fees on the market” and offering access to BlackRock’s iShares Portfolio ETFs. This is a significant claim, as fees can drastically impact long-term returns in life insurance products. Key aspects include: Paperlez.com Reviews
- Low Fees: A direct appeal to cost-conscious investors.
- BlackRock ETFs: Access to globally diversified, professionally managed exchange-traded funds.
- Tax Benefits: Leveraging the favorable tax regime of French life insurance for transmission and capital gains.
- Low Entry Point: Investments starting from €300, making it accessible.
It’s crucial for users to understand that “investing involves risks, including capital loss and volatility,” and “past performance does not indicate future performance.” This is standard disclaimer for investment products, emphasizing the inherent risks.
Simplified Crypto Investment
Finary aims to make investing in cryptocurrencies “effortless.” Given the complexity and fragmentation of the crypto market, a simplified approach is attractive. Features include:
- Easy & Fast Setup: Designed for quick onboarding.
- Secure & Transparent: No hidden fees, promoting trust.
- Dollar-Cost Averaging DCA: The ability to schedule recurring crypto purchases. DCA is a popular strategy to mitigate volatility by averaging out the purchase price over time, reducing risk.
- Passive Income via Staking & Lending: This allows users to generate yield on their crypto holdings, similar to earning interest in traditional finance, though with its own set of risks.
For users interested in crypto but intimidated by the technicalities, Finary’s approach seeks to lower the barrier to entry while also offering avenues for passive income generation.
Security and Trust: A Top Priority
Finary addresses these concerns directly, outlining its measures to protect user data and financial information.
“Read-Only” Access and Data Encryption
Finary states unequivocally, “We never have access to your banking data.” This is a critical assurance. Instead, it relies on third-party account aggregators like Powens Budget Insight or Plaid, which handle the secure connection to banks. Finary maintains a “read-only” level of access, meaning they can view account information but cannot initiate any transactions or withdrawals. This limits the potential damage in the event of a breach. Furthermore, user data is “stored in Europe and encrypted via AES and SHA-256,” industry-standard encryption protocols.
Regulatory Compliance
The website highlights Finary’s registration as a PSAN Prestataire de Services sur Actifs Numériques with the AMF Autorité des Marchés Financiers, France’s financial regulatory authority, under number E2022-057. Additionally, Finary SAS is listed as a Conseiller en Investissements Financiers CIF and a Courtier en Assurance, referenced with Orias under number 21001279. These registrations signify a level of regulatory oversight and compliance, which can instill confidence in users.
It indicates that the company operates within established legal frameworks for financial advisory and insurance brokerage.
User Testimonials and Community
The platform leverages user testimonials to build credibility.
Users praise its simplicity, time-saving capabilities, and comprehensive view of their patrimony.
The mention of a “Community” where users can ask questions and engage with other investors further enhances the trust factor, creating a collaborative environment for financial learning and discussion. Webbtree.com Reviews
User Experience and Accessibility
A powerful financial tool needs to be user-friendly and accessible to truly make an impact. Finary appears to prioritize these aspects.
Intuitive Interface and Mobile App
Free Tier and Premium Features
Finary offers a tiered approach to its service:
- Free Tier: Users can “use Finary for free,” which is crucial for attracting new users and allowing them to experience the basic functionalities.
- Finary Premium: For full access to advanced features, a subscription costs €149.99 per year. A “14-day free trial” for Finary Premium is also available, providing an opportunity for users to explore the premium features before committing financially. This transparent pricing model, where the value proposition is “saving you time and money while planning your financial future,” is clearly communicated.
Educational Resources and Support
Beyond the core application, Finary provides a suite of resources to empower users:
- Blog: Offers articles on various financial topics, from budgeting to investment strategies.
- Guides: Detailed guides on ETFs PEA, World, S&P 500, etc., crypto taxation, and insurance.
- Tools: Includes simulators for patrimony, crypto price tracking, compound/simple interest calculators, and a budget calculator.
- Help Center & FAQ: A comprehensive knowledge base for common queries.
- Community Forum & Social Media: Channels for user interaction and updates.
This ecosystem of support and education indicates a commitment to not just providing a tool, but also helping users improve their financial literacy and decision-making.
Frequently Asked Questions
Is Finary.com a free service?
Yes, you can use Finary for free to access basic features.
However, a Finary Premium subscription is available for €149.99 per year, offering full access to advanced functionalities, which you can try for 14 days.
How does Finary.com connect to my bank accounts?
Finary securely connects to over 20,000 banks, brokers, and crypto platforms globally through third-party account aggregators like Powens Budget Insight or Plaid.
Finary itself does not store your banking credentials.
Is Finary.com secure?
Yes, Finary emphasizes security.
They maintain “read-only” access to your accounts, meaning they cannot perform transactions. Floccus.com Reviews
Your data is stored in Europe and encrypted using AES and SHA-256 protocols.
They are also registered with the AMF Autorité des Marchés Financiers as a PSAN E2022-057.
Can Finary.com manage my real estate investments?
Yes, Finary allows you to track and manage your real estate investments alongside other assets within its unified platform.
What types of assets can I track with Finary.com?
You can track a wide range of assets, including stocks, funds, real estate, cryptocurrencies, savings accounts, startups, crowdlending, and even exotic assets like watch collections.
Does Finary.com offer cryptocurrency investment?
Yes, Finary offers a simplified way to buy cryptocurrencies and provides features like Dollar-Cost Averaging DCA, staking, and lending to generate passive income.
What is the “new generation” life insurance offered by Finary.com?
Finary offers a life insurance product with competitive fees, access to BlackRock’s iShares Portfolio ETFs, and aims to leverage favorable French tax benefits for wealth transmission and capital gains.
How does Finary.com help with budgeting?
Finary provides tools to manage your cash flow, organize your budget, and track your expenses to help you maximize your savings rate.
Can I monitor my dividends with Finary.com?
Yes, Finary allows you to analyze your projected annual dividend income, visualize upcoming payments, and track the history of your actual dividends.
How does Finary.com help me plan for financial independence?
Finary has a feature that helps you discover the “age of your financial freedom” by projecting the value of your wealth in 30 years and assisting with long-term financial planning.
What is the Finary.com diversification score?
The diversification score assesses your geographical and sectoral diversification across your entire patrimony, helping you identify areas for optimization to reduce risk. Gluten-scan.com Reviews
Does Finary.com help identify hidden investment fees?
Yes, Finary aims to help users identify hidden fees across their investments, potentially saving performance that would otherwise be eroded by these charges.
Is there a mobile app for Finary.com?
Yes, Finary offers a mobile application that allows you to track and manage your finances from anywhere.
What is the Finary.com community?
Finary has a community forum where users can ask questions about their finances, engage with other investors, and discuss investment strategies.
Does Finary.com offer any educational resources?
Yes, Finary provides a blog, detailed guides on various investment topics ETFs, crypto taxation, etc., financial tools and simulators, a help center, and videos.
What is the regulatory status of Finary.com?
Finary SAS is registered as a Conseiller en Investissements Financiers CIF and a Courtier en Assurance, referenced with Orias under number 21001279, and is a PSAN registered with the AMF E2022-057.
Can I try Finary Premium before subscribing?
Yes, Finary offers a 14-day free trial for Finary Premium, allowing you to explore its advanced features before committing to the annual subscription.
How many users does Finary.com have?
Finary reports having over 500,000 users.
Does Finary.com offer customer support?
Yes, Finary provides a help center and contact options for user queries, alongside its community forum.
Does Finary.com allow me to automate my investment tracking?
Yes, a core feature of Finary is the automation of your patrimony tracking, saving you time by consolidating all your investments in one place without manual updates.
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