Top 10 Wealth Management Apps for High-Net-Worth Individuals

Are you struggling to manage your growing wealth efficiently? Want smarter tools to track investments and plan your finances? The top wealth management apps offer secure, AI-powered solutions to help high-net-worth individuals take full control of their financial future.

What Are Wealth Management Apps?

Wealth management apps are sophisticated digital platforms that enable users to manage and optimize their financial portfolios. These apps offer a broad array of services, such as financial planning, investment tracking, retirement planning, and expense tracking.

For instance, an executive managing multiple investment properties and stock portfolios can use these tools to visualize performance trends, track asset allocation, and forecast retirement outcomes—all within a single dashboard. Most platforms combine AI algorithms, secure cloud infrastructure, and APIs for real-time data synchronization across banks, brokerages, and other personal finance tools.

"The global wealth tech market is projected to surpass $7 billion by 2028, driven by the rise in high-net-worth individuals seeking personalized digital experiences." — Statista, 2024

Top 10 Wealth Management Apps for High-Net-Worth Individuals

1. Personal Capital (Now Empower)

Empower (formerly Personal Capital) is a powerful hybrid platform combining automated financial tools with access to human advisors. It offers a holistic financial dashboard where users can link all their accounts—from bank to brokerage—to monitor net worth, investment performance, and cash flow. The retirement planner and fee analyzer are particularly useful for long-term strategies.

• Features: Financial dashboard, retirement planning, investment checkup, net worth tracking.
• Benefits: Best for long-term investors who want clarity on their entire financial picture.
• Why It Stands Out: The combination of automated tools with human advisors makes it one of the best wealth management apps for high-net-worth individuals.

2. Betterment

Betterment is a leading robo-advisory platform that uses AI to offer goal-based investment strategies, automated rebalancing, and tax-efficient features. It’s ideal for passive investors seeking a hands-off approach to wealth growth. Users can personalize goals like retirement or home savings and let the platform manage execution.

• Features: AI-driven investing, auto-rebalancing, tax-loss harvesting, goal tracking.
• Benefits: Helps users grow wealth effortlessly with personalized automation.
• Why It Stands Out: One of the most accessible and intelligent AI-powered financial planning apps on the market today.

3. Wealthfront

Wealthfront offers a fully digital wealth management experience tailored for tech-savvy investors. Its Path tool uses AI to build real-time financial roadmaps, and the app supports direct indexing and smart tax strategies. Wealthfront is trusted by those seeking scalable automation without giving up on customization.

• Features: Tax-loss harvesting, financial goal setting, Path AI planner, cash account.
• Benefits: Enables high-net-worth users to plan and invest tax-efficiently.
• Why It Stands Out: Combines advanced tax optimization with a modern, intuitive user experience.

4. Addepar

Features: Aggregated investment data, in-depth reporting, and multi-asset class tracking.
Benefits: Built for family offices and advisors managing ultra-high-net-worth portfolios.
Standout Quality: Advanced portfolio management and asset allocation insights.

5. Empower

Empower's free version gives users real-time insight into spending, cash flow, and net worth, while the premium tier adds access to certified financial planners. The app is ideal for users who want strong analytics without the complexity of spreadsheets.

• Features: Spending tracker, savings goals, retirement planner, financial analytics.
• Benefits: Combines DIY tools with the option for hands-on financial guidance.
• Why It Stands Out: A versatile solution for both independent users and those seeking professional advisory services.

6. Robinhood

Robinhood revolutionized investing by offering commission-free trading in an intuitive mobile app. While not a full-scale wealth manager, it’s a valuable asset for active traders who want control and visibility over their investments in real time.

• Features: Stock, ETF, and crypto trading, instant transfers, and real-time alerts.
• Benefits: Empowers users to manage trades and portfolios on their own terms.
• Why It Stands Out: Ideal for high-net-worth individuals who enjoy actively managing their investments.

7. Mint

Mint focuses on the budgeting and daily financial tracking side of wealth management. It syncs with financial accounts to help users analyze spending, monitor credit, and set personalized budgets. While it lacks investing tools, it’s great for keeping day-to-day cash flow in check.

• Features: Expense tracking, credit monitoring, budget creation, bill reminders.
• Benefits: Simplifies financial organization and short-term planning.
• Why It Stands Out: One of the most user-friendly personal finance tools for managing expenses and budgets.

8. Fidelity Investments

Fidelity blends traditional wealth management with tech innovation. It offers brokerage accounts, retirement services, financial advisors, and a robust digital platform for portfolio management and research.

• Features: Managed accounts, advisor access, research tools, mobile portfolio dashboard.
• Benefits: Provides professional-grade resources in a trusted brand ecosystem.
• Why It Stands Out: Combines legacy credibility with modern user experience for long-term investors.

9. Stash

Stash makes investing accessible by allowing users to buy fractional shares, set automated goals, and learn as they grow. It's ideal for individuals just beginning to build wealth who need both flexibility and guidance.

• Features: Fractional investing, debit integration, educational content, portfolio builder.
• Benefits: Promotes financial literacy while encouraging consistent investing habits.
• Why It Stands Out: A bridge platform for growing net worth, combining learning with action.

10. Schwab Intelligent Portfolios

Backed by Charles Schwab, this robo-advisor offers fully automated investing with tax-loss harvesting and goal-based planning. It charges no advisory fees and is integrated with Schwab's broader suite of investment services.

• Features: Automated portfolios, risk profiling, tax efficiency, retirement planning.
• Benefits: Offers hands-off wealth growth with trusted financial infrastructure.
• Why It Stands Out: Ideal for hands-off investors looking for trusted, low-cost portfolio automation.

Key Features to Look for in Wealth Management Apps

Choosing the right wealth management app is not just about convenience—it's about ensuring your financial future is secure, optimized, and fully visible. Below are the features of top digital wealth management tools that high-net-worth individuals should prioritize when selecting digital personal finance tools.

Security and Data Protection

For those managing substantial wealth, security is paramount. With increasing cyber threats, you need more than just a password to protect your financial data.

Look for apps that offer:

• End-to-end encryption: Ensures all communications and data transfers are secure.
• Two-Factor Authentication (2FA): Adds an extra layer of identity verification.
• SOC 2 Compliance: Guarantees the app has been audited for best practices in data security and confidentiality.

These features are essential for any secure mobile apps for managing personal wealth, especially when dealing with sensitive investment portfolios and banking integrations.

AI and Automated Financial Planning

Modern AI-powered financial planning apps do more than just monitor your portfolio—they actively help optimize it. These tools can:

• Analyze market trends in real time.
• Rebalance your portfolio based on risk tolerance.
• Offer predictive insights and tailored advice.

Platforms like Betterment and Wealthfront utilize machine learning to deliver dynamic, goal-based strategies that evolve with your financial circumstances. This level of intelligence transforms static investment tracking into proactive financial planning.

Investment and Portfolio Tracking

Visibility is power. The ability to track your full financial picture in real time is a game-changer for decision-making.

Top investment portfolio tracking apps for families, like Addepar and Empower, allow you to:

• Consolidate multi-asset portfolios (stocks, bonds, real estate, crypto).
• Monitor performance against goals and benchmarks.
• Access detailed reports through an interactive financial dashboard.

These tools are indispensable for families or individuals overseeing diverse, high-value assets across multiple institutions.

How to Choose the Right Wealth Management App

With dozens of options on the market, selecting the best wealth management app requires a clear understanding of your needs and priorities.

Key Factors to Consider

When comparing platforms, keep the following in mind:

• Security: Non-negotiable for high-net-worth users. Look for robust encryption, regulatory compliance, and secure logins.
• Ease of Use: An intuitive UI will save time and reduce the learning curve, especially when managing complex asset allocations.
• Integration: The best apps seamlessly connect with banks, brokerages, retirement accounts, and budgeting platforms.
• Cost: Free apps may suffice for basic needs, but premium tools often include essential features like AI-driven advice or dedicated human advisors.

If your priorities include retirement planning, goal setting, or comprehensive portfolio management, be sure the app can support those specific financial functions.

Comparing Costs and Subscription Plans

Understanding the pricing models is crucial. Some of the best wealth management apps for high-net-worth individuals, such as Mint and Empower, offer robust features entirely free by monetizing through recommendations or financial services.

Meanwhile, platforms like Addepar or Schwab Intelligent Portfolios may charge higher fees but provide deeper analysis, tax-efficient strategies, and exclusive access to expert advisors.

When assessing paid plans, consider:

• Access to fiduciary-certified human advisors.
• Support for custom tax strategies and asset allocation optimization.
• Detailed financial planning reports tailored to your personal and family goals.

For high-net-worth individuals, the premium tier often unlocks high-value benefits that more than justify the investment.

Pro Tip: Don’t just look at features—evaluate how the app aligns with your short- and long-term wealth goals. Whether you're focused on estate planning, early retirement, or building a legacy for your family, the right app can elevate your strategy.

Conclusion

In today’s fast-paced financial landscape, choosing the right wealth management apps can make a significant difference in how effectively you build, protect, and grow your assets. With smart features like AI-driven planning, real-time portfolio tracking, and top-tier security, these tools empower high-net-worth individuals to manage wealth with confidence and clarity.

Looking to develop a custom wealth management solution tailored to your users' needs? Contact MOR Software today to explore how we can help bring your fintech product to life.