Quicken bolsters its personal finance platform with robust new investing features

Leading personal finance management software can now track cryptocurrency investments, restricted stock units and investment partnerships, alongside traditional holdings

MENLO PARK, Calif., September 27, 2022 /PRNewswire/ — Quicken Inc., maker of America’s top-selling personal finance software, has launched a new Accelerate for Windows features, including cryptocurrency investment tracking, restricted stock units (RSU), and investment partnerships. The updates bolster an already robust set of investing capabilities, further solidifying Quicken’s position as the most comprehensive and flexible personal finance software on the market.

For over 35 years, Quicken has been a trusted resource for over 20 million customers, helping them manage their finances in one place. Quicken’s new investment tracking features allow users to see how market changes affect their investments, track progress toward goals through target portfolio allocation analysis, and minimize risk while maximizing diversification by discovering concentrated positions. With these new features in Quicken for Windows, users can track an even wider range of investments.

The new features are especially important in times of market volatility, as uncertain economic times impact people’s financial decisions. In a recent survey, Accelerate found that while nearly 30% of Americans had planned to buy a car in 2022, 60% of those respondents reconsidered. Similarly, 21% had planned to buy a first or new home this year, and 69% of them are thinking about it now. Quicken’s new features are designed to help users better understand the performance of their investment portfolio and make informed life decisions.

“We are committed to helping our customers confidently take control of their finances and lead healthy financial lives,” said Quicken CEO, Eric Dunn. “Our platform helps clients make smart financial moves by tracking the real-time performance of various investments in one place, which now includes support for crypto, restricted stock units (RSUs) and investment partnerships. We’ve also added real-time quotes to provide up-to-date data on how market changes affect the overall value of their portfolios.”

New features include:

Crypto support: With a new type of cryptocurrency security and cryptocurrency quotes, users will be able to track and update the value of crypto securities in their portfolio. Quicken also expands stock value tracking to account for up to eight decimal places, giving users increased accuracy and the precision needed to track cryptocurrency positions.
RSU support: This new feature supports both basic tax tracking and comprehensive assessment performance tracking for RSU holders, including grant tracking and flexible stock vesting. This unique feature also allows users to customize how RSUs are represented in their portfolio and net worth. Users can choose to include the potential value of their unvested PSUs or exclude them entirely so that they reflect their true net worth. Users can also track the tax implications of RSU acquisition events by reducing the number of shares to account for taxes.
Support for investment partnerships: Quicken users who hold an interest in a limited partnership (such as private equity or venture capital funds) can now seamlessly track their activities, including their initial capital commitment, the contributions they contribute to the fund and the returns in cash or shares. It also allows their overall net worth to accurately reflect these partnerships. Users can access a detailed summary of their investments, including new metrics such as Cash MOIC, Overall MOIC, and IRR.
Real-time quotes: Quicken now offers real-time stock quotes of publicly traded stocks for all Premier subscribers and above.

For more information visit: http://www.quicken.com

About Quicken Inc.

Quicken is America’s #1 Selling Personal Finance Software For over 35 years, more than 20 million customers have relied on Quicken to help them take control of their finances. Quicken’s award-winning suite of personal finance software and apps – including Quicken Starter Edition, Quicken Deluxe, Quicken Premier, Quicken Home & Business, and Simplifi by Quicken – meet different financial needs and device preferences. Simplifi by Quicken, named “Best Budgeting App” by The New York Times Wirecutter, was added to Quicken’s suite of products in 2020. Simplifi, a web and mobile app, is designed to help a new generation of digital natives easily stay on top of their finances.

Learn more about Quicken here and follow us on Facebook, Twitter, LinkedIn, Youtubeand Reddit. Click here to learn more about Simplifi by Quicken, and follow us on instagram, Facebookand ICT Tac. Simplifi is available for download at google play and the Apple App store.