Kubera Review 2022 - Best-in-Class Portfolio Tracking
Kubera is the most powerful portfolio tracker available today, with the ability to track cryptocurrency flawlessly, all your investment accounts and traditional investments, real estate investments, and much more. Kubera is not the cheapest portfolio tracker, and thus is the more ‘premium’ option of portfolio trackers, so it isn’t the right choice for everyone, although they are certainly one of the ones to consider before choosing your a portfolio tracker.
We’d also recommend checking out our other top pick for portfolio trackers, which is Personal Capital — they aren’t as powerful in the sense that they don’t have direct partnerships and compatibility with Crypto Exchanges, and they also lack support for most non-traditional banking/brokerage accounts, and a quite few other features that Kubera offers (more on that below), however Personal Capital is the best free portfolio tracker in our opinion and good enough for most people.
Overall while Kubera is better overall, without a doubt — especially for crypto investors — we’d say Personal Capital may be better for some folks due to simply being much much cheaper (free), and as a result we’d recommend trying them both out — Personal Capital is free to sign up to and use, while Kubera costs $1 for a short trial that’ll let you see how it all works.
Kubera Unique Features:
Kubera is one of the only platforms like it — however it’s not the ONLY one like it, there’s also Personal Capital which we’d say is worth considering — these two are the best services for tracking your portfolio, networth, and generally keeping track of your financial situation in our opinion.
Below you’ll find some unique features to Kubera, as well as some noteable ones that both of the platforms have which we think are important and unique that make them stand out as the #1 and #2 platforms in the industry.
Automatic Home Price Updating
If you own a home, or any ‘non-linkable’ asset like certain commodities, land, real estate of any sort, etc, you can link them to Kubera and either choose to enter your own price (won’t auto-update) or pull prices from various databases — for houses and apartments they pull the data from Zillow, and as we’ve tested this we can say it works great — it’ll update the price of the home automatically based on what zillow estimates comparables to be in the area, or it’s last listed/estimated price if no estimate is available (rare).
Of course this isn’t 100% accurate, as real estate isn’t a very efficient market with lots of variables, and they don’t know the current condition of the home you own and if it’s better than the average in the area it may be undervalued according to the estimates, but hey it’s something and it’s generally quite on-point. Other portfolio trackers do not offer this feature at all, so it’s hard to complain about it.
Beneficiary After-Life Features:
While it may be grim to think about there’s always a chance our time ends soon and unexpectedly, and if that unfortunately happens and we don’t have detailed beneficiary procedures in place it can be a mess, sometimes even impossible, for our families and loved ones to get what’s in our investment accounts — especially in the case of cryptocurrency.
If you don’t already have such a scheme set up with a law firm, a solid will, then this feature is a huge deal as it’s not nearly as bureaucratic and it’s included in Kubera at no extra cost. You can’t go deep into details like you could/should in a will, however it’ll at least notify your family after a certain set amount of time and give them information on your investment accounts and knowledge on what assets you had before you passed.
It won’t give them full access to them, as Kubera can’t give that to them as they don’t even get such access their self — but it will give them a list of companies/places they’d need to go to retrieve your assets and you can always use the secure storage feature to include documents/2fa/etc that could help them get into the accounts if you did have an ‘unexpected incident.’
Painless Portfolio Tracking
While this may seem obvious to you — that Kubera, a platform meant to track your wealth, does a good job at it — but that’s not an easy task and something almost every other app or platform has failed at achieving. Kubera DID achieve this though — it’s completely painless to track your networth with them.
Everything will automatically be tracked and updated once you link the accounts — be it your credit cards, your bank account, your brokerage account, your retirement accounts, your savings accounts, your personal loan debts — basically anything is linkable including cryptocurrency accounts and private wallets.
The only things that aren’t auto-updated and tracked are some physical “assets” that aren’t easily priced — think your personal belongings or your vehicle. You can just ignore these entirely as they don’t represent ‘liquid-networth’ which is what really matters vs your overall networth, or if you really want to you can estimate such amounts and add them manually into Kubera.
Truly Automated Crypto Tracking
There’s no other all-in-one portfolio tracker that tracks both crypto, stocks, and other assets effortlessly other than Kubera — while Personal Capital does great with traditional investments they simply don’t do well if you hold crypto, especially in private wallets or many exchanges, do trading or staking, etc, and they don’t work very well if you want to track the value of your home or other alternative assets like Kubera does.
Well Kubera does — they support both traditional and ‘new’ finance, crypto, alternative assets, pretty much anything you could imagine. They’ll auto update holdings, trades you make, airdrops you get, anything in cryptocurrency exchange or lending accounts you have, as well as private wallets you may use.
Secure File Storage
While not the most important feature, it is unique and useful to have in a portfolio tracker — particularly if you’re using the beneficiary details and want certain documents to be released to the beneficiary as well — however it’s also just useful to have a seperate encrypted file storage system to keep important financial documents, passport scans, rental agreements, or whatever other documents that may be needed in the future.
You can of course use icloud or google drive or similar for such documents, but to me having a separate non-cluttered space for them, that’s not as likely to be accessible by family, friends, or potential hackers, is not only more secure, but also makes it easier to keep track of things and stay organized, at least for me.
Kubera Biggest Pros & Cons:
While Kubera has plenty of great features we’ve covered above there are some others we think are worth mentioning, as well as some cons we’ll outline below that’ll be the key deciding factor on if you want to use Kubera or not in our opinion.
To start off, the pros of Kubera at a glace:
- Easy and Simple to Use
- Tracks Cryptocurrency better than any other platform
- Tracks housing & alternative assets exceptionally well
- Has features to help in the case of early death
- Protects Your Data Privacy
- Doesn’t try to upsell you other products
- Works outside the USA
- Kubera is more expensive than alternatives
- Kubera lacks visualization features (charts/graphs)
That’s really all the cons we can think of with Kubera — to elaborate on the cons Kubera costs $150/year while there are portfolio trackers (that don’t track crypto automatically) like Personal capital that are 100% free to use, but aren’t as good data-privacy wise, and there’s also crypto-specific trackers that can be a bit cheaper than Kubera, albeit do not support traditional assets/investments like Stocks/Bonds/Real-Estate/etc.
The other real con to Kubera is they lack visualization charts and comparison features — when paying $150/year for the service I feel like you should be able to backtest your portfolio, easily compare it to the broader market or indexes, be able to see your portfolio allocation percentages, etc, but Kubera doesn’t give you that — it’s sort of a glorified spreadsheet that automatically updates and ‘just works,’ which is fine, but as other platforms often have such features it’s a bit disappointing.
Kubera Pricing & Fees:
Kubera’s Pricing is much higher than their competition coming in at $150/year verses Personal Capital being entirely free — but Kubera does have many features that Personal Capital does not — such as actual full tracking & updating of cryptocurrency accounts, support for non-US investment and banking accounts, and just overall better tracking of alternative asset investments, real estate, and other forms of equity.
If I’m being honest I don’t really see most people being better off paying this premium, $150 a year, for the extra features Kubera offers — however if you take a step back $150 is not that much if you’re investing in many accounts and have a decent sized portfolio, so it very well be worth it for you.
When you begin to consider the non-portfolio tracking aspects of Kubera, that are unique to it, like the beneficiary information and sensitive information storage, the $150 becomes not only reasonable but a steal if you have a large portfolio — as it makes it largely effortless to set up and maintain, which having set up beneficiary information with lawyers before I can say it’s much cheaper and easier with Kubera. Less paperwork, less back and forth, and is suitable enough for most people.
Kubera vs Competitors:
There’s only one real competitor to Kubera in our view — and that’s Personal Capital, which also offers a comprehensive portfolio tracking dashboard and general wealth management, goal setting, progressive tracking, dashboard for you to use that includes investment accounts as well as your debts, bank accounts, savings accounts, and other forms of assets such as your home value, etc.
To not bury the lead — Kubera is better if you invest and/or trade cryptocurrencies quite often or are staking/lending them out for interest and want those things tracked perfectly — however that feature is basically the only thing that stands out, and Kubera costs around $12/mo vs Personal Capital costing $0/mo.
Personal Capital vs Kubera
Our Experience Using Kubera:
We’ve been using Kubera for a little over one year so far and we’ve had no issues so far — there’s no real downsides to the platform from what we’ve found and we’ve had no trouble tracking anything we’ve thrown at Kubera, and the interface was immediately understandable, simple, and easy to use, which was a benefit.
The only real criticism I have of Kubera, after using it for over a year, is that when having to pay $150 a year I expect a little more in terms of charts and data — it works for tracking networth and managing your portfolio, having a beneficiary setup easily, and all those things — however I feel like they could add some more charts, graphs, and different visualization features to the Kubera Platform.
Without those features Kubera feels a little ‘bare’ and like it’s missing something — because of this while we have used it and continue to use it we’d recommend folks sign up for a trial account rather than dive into a full year of membership right away — see if the simpleness is alright for you.
Kubera Review FAQ's:
Down here will be all the questions y’all sent and asked us about Kubera or we asked ourselves about them before we began using them or as we used the platform in the last years — if you have a question not mentioned below or simply aren’t sure if they’re right for you feel free to contact us and we’ll try our best to answer your question or point you to someone who can.
Is Kubera Worth It?
We’d argue it depends on your usecase, if you don’t already have a proper will or beneficiary structure, or you simply want an easy to use portfolio tracker that ‘just works’ in the USA/Canada/UK that can handle crypto and basically any other asset, automatically tracking your buys/sells/earnings and keeping the price up to date, then they’re a great option.
We’d say Kubera is worth it, however if you’re short on funds Personal Capital is another option you should consider as they’re 100% free to use and have a decent portfolio tracker you can use — just be aware they don’t support automatic tracking of your crypto trades, holdings, etc, and they do not have beneficiary services.
Does Kubera work outside the USA?
Yes Kubera works internationally and has partnerships with many international financial institutions around the world — generally while Kubera works in any country for cryptocurrency tracking and other assets they only operate best and have the ability to link to most bank accounts in the USA, Canada, and the UK — with limited but often suitable access in the EU (Germany, France, Spain, etc) and Australia.
Beyond those countries while Kubera works they don’t work perfectly, however they’re still arguably the best platform as, well, most platforms don’t work outside the USA at all, yet alone all the countries Kubera works in. The only exception would maybe be India — there’s lots of country-specific platforms in India for portfolio tracking that may be a better choice, if you live in India, however these platforms generally do not track fcrypto well at all.
Does Kubera sell your data?
No, Kubera does not sell your data — unlike most other ‘portfolio trackers’ they do not operate and offer their services for ‘free’ and make money from selling the data of their customers — instead Kubera operates on a premium model where you data is 100% protected and only used for interactions with Kubera, rather than 3rd parties like some other portfolio trackers.
Is Kubera Trustworthy?
Kubera is one of the most well-known portfolio trackers of today and has been around for many years, has many employees, and knows what they’re doing — however regardless of Kubera’s trustworthiness they don’t pose a risk to you or your assets if you use them, as they do not get access to the login information, control of your linked accounts, or anything of the sort — they’re just a helpful interface and data-retriever platform, they couldn’t act maliciously even if they wanted to.
Does Kubera Track Crypto?
If you invest in crypto and want to track your crypto holdings kubera allows you to do so seemlessly and efficiently with pretty much any reputable exchange — and you can even track your privately held (cold-storage, staked, hotwallet, etc) crypto assets and trades using Kubera, which as far as we are aware of is the only portfolio tracker that offers this beyond crypto-specific trackers like Coinledger.
Is Kubera Safe & Secure?
Yes Kubera is safe and secure — they use the same encryption and other services most financial institutions and banks do and don’t share your data with any 3rd parties — they also do not have access to make trades or transfer funds in linked accounts or anything of the sort, they can’t do anything with your linked accounts at all beyond simply read what’s going on with them (what trades you make, how much money you have, etc) and you can reject that permission anytime.