Platform Snapshots
Both platforms aggregate financial accounts and analyze portfolios—but their target audiences and revenue models point in opposite directions.
Empower (Personal Capital)
Free US-focused portfolio dashboard with retirement planning tools and an investment fee analyzer. Revenue comes from upselling wealth management advisory services (0.49%-0.89% AUM).
AllInvestView
FeaturedManaged multi-asset tracker with global broker support, tax reports for 12+ countries, bonds with QuantLib pricing, options with Greeks, and AI assistant. No wealth management upsell.
Evaluating Empower
Empower's free dashboard is genuinely useful—net worth tracking, retirement projections, and a unique investment fee analyzer that surfaces hidden costs in 401(k)s and mutual funds. The catch is the business model.
Where Empower Works Well
- Free portfolio tracking with strong US institution connectivity
- Retirement planner with savings projections and goal tracking
- Investment fee analyzer reveals hidden 401(k) and mutual fund costs
- Net worth dashboard across investment + bank + credit accounts
- Monte Carlo simulations for retirement planning
- Mobile apps for iOS and Android
Where Empower Falls Short
- Aggressive wealth management upselling—multiple advisor calls after signup
- US-only: no international brokers, no multi-currency, no foreign tax
- No options support, no Greeks, no derivatives strategies
- No bond mathematics—treats fixed income as basic holdings
- No real cryptocurrency tracking integration
- No capital gains tax reports (only basic gain/loss summaries)
- Limited manual transaction entry options
The advisor call factor: Once you connect a meaningful investment account to Empower, expect calls and emails from their advisors offering wealth management. Some users find this acceptable in exchange for free tools; others find it intrusive. AllInvestView has no advisory service to upsell—the product is the product.
Evaluating AllInvestView
AllInvestView is a managed SaaS portfolio platform without an advisory arm. The revenue model is straightforward: free tier, paid subscription, or one-time Lifetime Deal—no upselling beyond plan tiers.
Notable Capabilities
- Global broker sync: 30+ brokerages via SnapTrade including Interactive Brokers, Schwab, Fidelity, Robinhood, Webull, Trading 212, DEGIRO, Questrade, Wealthsimple, Trade Republic, Revolut, eToro, comdirect, Saxo. Read-only nightly auto-sync.
- Tax reports across borders: Built-in country presets for US, UK, Germany, Spain, France, Italy, Canada, Australia, Ireland, Sweden, Denmark, Switzerland. Plus configurable rules for any other jurisdiction. FIFO, LIFO, average cost, specific identification.
- Bond mathematics: QuantLib-powered yield-to-maturity, modified duration, convexity, accrued interest, bond ladder visualization.
- Options analytics: Real-time Greeks (Delta, Gamma, Theta, Vega, Rho). Covered call calculator, cash-secured put calculator, multi-leg payoff diagrams.
- Multi-currency: Each holding retains native currency, with historical FX rates at trade date for accurate tax cost basis.
- Real estate, crypto, custom assets: Property tracking with rental income, cap rate, NOI. Native crypto support. Custom assets for collectibles, private equity, art.
- AI portfolio assistant: Natural-language queries (“show my biggest sector exposure”, “dividends next month”).
- Lifetime payment option: One-time fee eliminates recurring subscription. Dedicated page at /pricing/lifetime-deal/.
- 9 UI languages: English, Spanish, French, German, Portuguese, Italian, Dutch, Japanese, Chinese.
Asset Class Support
Equities and Funds
Both platforms handle stocks, ETFs, and mutual funds. Empower covers US equities through its institution-connectivity model. AllInvestView covers global equities across 100+ exchanges via ticker or ISIN, with multi-currency awareness.
Bonds
Empower: Tracks bond holdings as line items but does not calculate yield-to-maturity, duration, or coupon schedules.
AllInvestView: Full bond analytics with QuantLib—YTM, modified duration, convexity, accrued interest, and bond ladder.
Options
Empower: Options trading is unsupported.
AllInvestView: Tracks options contracts with real-time Greeks, multi-leg strategies, and payoff diagrams.
Crypto and Real Estate
Empower: Limited crypto integration; real estate as a manual net-worth line item without rental income or cap rate analytics.
AllInvestView: Native crypto tracking with real-time pricing. Real estate with rental income, cap rate, NOI, and cash-on-cash return.
Geographic Coverage
This is the largest gap between the two platforms.
Empower
- US financial institutions only
- USD-denominated tracking only
- US tax law (basic gain/loss; no formal tax report generation)
- No support for non-US residents or expatriates
AllInvestView
- 30+ brokers across US, UK, Europe, Canada, Australia, Asia
- 50+ trading currencies with historical FX conversion
- Tax presets for 12 jurisdictions plus configurable rules for any other
- Spain Modelo 720 foreign asset declaration auto-generation
- Designed for cross-border investors and expatriates
If you live outside the US—or hold any non-US accounts—Empower simply doesn't fit. AllInvestView is one of the few options purpose-built for global investors with multi-broker, multi-currency portfolios.
Tax Reporting Depth
Empower Tax Tools
Empower shows realized and unrealized gains in dashboard summaries but does not generate formal capital gains tax reports. Users typically export data to TurboTax or work with their CPA. International tax law is unsupported.
AllInvestView Tax Tools
- 12 built-in country presets: US, UK, Germany, Spain, France, Italy, Canada, Australia, Ireland, Sweden, Denmark, Switzerland
- Cost basis methods: FIFO (default), LIFO, Average Cost, Specific Identification
- Configurable for any jurisdiction: custom tax rates, brackets, wash sale windows, dividend withholding
- Loss carryforward: multi-year tracking
- Spain Modelo 720: automated foreign asset declaration
- Output formats: PDF, Excel, CSV
How the Tax Math Stays Accurate
Per-trade tax reports only work if the underlying trade history is right. AllInvestView matches every buy and sell against your broker's activity record by activity ID, then flags anything that does not line up rather than silently overwriting it. If you delete a synced trade and choose Stop Tracking, the next sync respects that choice instead of re-importing it. Empower shows balance and dashboard summaries from broker positions directly without trade-level reconciliation, which is why it cannot produce per-trade FIFO or LIFO output even when users want it.
Feature Grid
| Capability | Empower | AllInvestView |
|---|---|---|
| Stock and ETF tracking | ||
| Net worth dashboard | ||
| US retirement planning (401k, SS) | ||
| Investment fee analyzer | ||
| International brokers | ||
| Multi-currency tracking | ||
| Capital gains tax reports | ||
| Trade-level reconciliation | ||
| Stop Tracking (delete stays deleted) | ||
| Bond yield calculations | ||
| Options with Greeks | ||
| Crypto tracking | ||
| Real estate analytics | ||
| AI portfolio assistant | ||
| No advisor upselling | ||
| Lifetime payment option |
Pricing & The Upsell
Empower: The portfolio dashboard is free. The business model is wealth management: Empower advisors charge 0.49%-0.89% AUM annually on portfolios above ~$100k. After connecting accounts, expect outreach to discuss advisory services. For some users this is a reasonable trade for free tools; for others it's a reason to look elsewhere.
AllInvestView: Transparent tier pricing.
- Free: 10 holdings, 1 portfolio, AI assistant
- Starter: $5.99/month (annual billing)—25 holdings, broker sync
- Advanced: $8.49/month (annual billing)—unlimited holdings, tax reports, 30+ year history
- Pro: $16.42/month (annual billing)—unlimited everything
- Lifetime Deal: $447 one-time, permanent access
No advisor calls. No AUM fees. The product is the product.
Try AllInvestView—No Advisor Calls
Free tier covers up to 10 holdings. Connect your brokers via SnapTrade. Generate tax reports. No wealth management upselling, ever.
Making Your Choice
Empower makes sense when:
- You're a US-based investor with US accounts only
- Retirement planning is your primary focus (401k, social security, RMDs)
- You want a free fee analyzer for hidden 401(k) costs
- You're comfortable receiving advisor calls—or willing to ignore them
- Your portfolio is mostly stocks and ETFs (no bonds with YTM, no options, no crypto)
AllInvestView makes sense when:
- You hold accounts outside the US or in multiple currencies
- You need formal capital gains tax reports for any jurisdiction
- You trade bonds, options, or hold crypto and real estate
- You don't want wealth management calls or AUM fees
- You prefer a transparent subscription or lifetime payment
- You want an AI assistant for natural-language portfolio queries
Questions Answered
Is Empower the same as Personal Capital?
Yes. Personal Capital was rebranded to Empower in 2023 after acquisition by Empower Retirement. The free portfolio tools—net worth tracker, fee analyzer, retirement planner—remain available under the Empower name.
Does Empower work outside the United States?
No. Empower only supports US financial institutions and US tax law. Investors with international brokers, multi-currency holdings, or non-US tax residency cannot use it. AllInvestView supports global brokers, multi-currency, and tax reports for 12+ countries.
Why is Empower free?
Empower's free tools are a lead-generation funnel for their wealth management advisory services (0.49%-0.89% AUM). After connecting investment accounts, users typically receive multiple calls from advisors. AllInvestView has no advisory service—the revenue model is straightforward subscription or lifetime payment.
What's the best Empower alternative without advisor calls?
AllInvestView is the closest functional alternative. Net worth tracking across accounts, broker sync via SnapTrade, plus added features Empower doesn't offer: bonds with QuantLib pricing, options with Greeks, crypto, real estate, multi-currency, tax reports for 12+ countries. No wealth management upselling.
Does AllInvestView have retirement planning like Empower?
AllInvestView includes Monte Carlo simulation for retirement projections and net worth tracking. Empower's retirement planner is more US-specific with 401(k) optimization, social security analysis, and RMD calculations. For pure US retirement planning, Empower remains more specialized; for global tracking with retirement projections, AllInvestView fits better.
Can Empower track bonds, options, or crypto?
Empower has limited bond support (no YTM/duration), no options support, and basic crypto balance import only. AllInvestView offers full bond analytics with QuantLib (YTM, duration, convexity), options with real-time Greeks, and direct crypto tracking.
How do I migrate from Empower to AllInvestView?
Connect your brokers directly to AllInvestView via SnapTrade (read-only)—your holdings populate automatically. Or export Empower transactions as CSV and use AllInvestView's Magic Import which uses an AI model to recognize column meanings automatically.
Does AllInvestView have a fee analyzer like Empower?
AllInvestView shows expense ratios on ETFs and mutual funds and tracks fees per transaction. It does not currently offer Empower's specific 401(k) fee analyzer that breaks down hidden plan costs—that remains a unique Empower feature.
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