One of the most frequently requested features over the last few months has been the ability to manually enter existing investments into the FutureAdvisor application, as an alternative to the direct connection option we currently offer at several dozen of the largest US financial institutions. As our current users may have already noticed, we quietly launched the first version of this feature several weeks ago. Today we are pleased to announce this feature publically, now that we have added the functionality to automatically fetch the last closing price for most mutual funds, ETFs and stocks in US markets.

As can be seen in the above screenshot, all we need to know is the symbol of the security and the number of shares you own. With that information, FutureAdvisor will fetch the full name of the security, its latest closing price[1], and calculate the current value of your holding. At that point we treat it just like a holding that came in via the direct connection method. In other words, we analyze each security and assign its constituent pieces to the proper asset classes before assessing whether or not your portfolio needs adjustments to ensure you on are track for your retirement savings goal.

Your questions, comments, and suggestions are always welcome at advisors@futureadvisor.com.

[1] Data provided by Lipper and Xignite.