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The one thing that makes this kind of service a no-go for me is the need for me to disclose my password to a third party. What would it take for the financial
by groaner 16y ago
The one thing that makes this kind of service a no-go for me is the need for me to disclose my password to a third party. What would it take for the financial institution to allow read-only access using a separate set of credentials? All I have here is that I have to take FutureAdvisor's word that their access is read-only.
- jonxu 16y agoHi Jon here from FutureAdvisor. Thanks for the feedback. We're working on allowing you to enter your investments manually which would solve this problem somewhat. A bit less convenient. I'm with you, it would be great for banks and financial institutions to do a read-only password. Quick question, what are your thoughts about using Mint.com?
- iamelgringo 16y agoI didn't use it because of the privacy issues. Probably a bit too much Nerd Privacy Paranoia Disorder (TM).
- lutorm 16y agoEven further, is it not a violation of the TOS of those services to disclose the password to a third party? Edit: I just saw that it says your connection is read-only. How does that work if you're using the same password? Do you have a special deal with the brokerages that allows you to ask for the password and that they don't allow any login from your domain to change anything?
- dillydally 16y agoYodlee