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> Wealthfolio does not currently support integration with online brokers or aggregators. Data must be imported from CSV files or by manually entering transactio

by paxys 1y ago

> Wealthfolio does not currently support integration with online brokers or aggregators. Data must be imported from CSV files or by manually entering transactions. This is unfortunately going to be the deal breaker for wide adoption. Self hosting is great, but manually importing data from dozens of accounts every day and entering every single transaction as you make it is simply too much of a burden.

reactordev 1y ago
Agreed, they should at least support Plaid to get your account information and pull it in locally.
- a-fadil 1y ago
  Would you actually pay for that as add-on? Plaid isn’t free.
  - paxys 1y ago
    Self-hosted doesn't have to mean free. I think an option to enable syncing with your own Plaid key (that you manage and pay for yourself) would be great.
  - onelesd 1y ago
    i would happily pay. i already pay for monarch.
  - codegeek 1y ago
    I would just add the option to add your own Plaid key or do manual imports.
  - reactordev 1y ago
    No, the ability to import is table stakes for me. I'm not manually entering transactions or trades. Simply providing an API key for me and vibe coding a client to pull is all that's needed.
deanputney 1y ago
One possible option might be to set up email ingestion. My brokerage will send a daily update, for example. It's not super detailed, but it's a start.
bradleyjg 1y ago
If there was a sufficiently good import, something deeply customized for at least the top N banks, I think I’d be ok with that workflow. But even Quicken was disappointing on that front.
- a-fadil 1y ago
  The app support mapping profiles. I hope we will have a profile for each major broker. I'm also experimenting with local llm models to parse files and statement and call the app tools to feed data.
  - ioblomov 1y ago
    This doesn't appear to be documented... https://www.google.com/search?q=site%3Awealthfolio.app+map+profile https://www.google.com/search?q=site%3Awealthfolio.app+map+p... Would be happy to contribute profiles.
  - bradleyjg 1y ago
    Neat! Thank you. That’s really the killer feature for this imo. In a year when I consolidated a bunch of accounts, I’ve found essentially no program regardless of off or online that’s able to build a global view. It’s a pretty classic data problem—-heterogeneous data sources, entity resolution, etc. Should be amenable to a ml solution.
- ryandrake 1y ago
  Quicken is getting even more and more disappointing. Used to be, you'd use what Quicken calls "direct connect" where the client software itself connects to your bank's servers and pulls down your transactions and balances. They also had this "quicken connect" where the client software connects to Quicken servers, who, in turn, contact your bank--making Intuit an unwanted middleman. Slowly, but consistently, Quicken has been dropping "direct connect" support and coercing their users to go the middleman route. I, too, have been looking for an alternative to Quicken, but: 1. I don't want to have to go to each bank's crappy web site and download a crappy CSV to import, and 2. I also don't want the software developer inserting itself into what should be a data transfer between me and my bank. The Holy Grail personal finance software would 1. be free and open source, 2. download data directly from financial institutions without CSVs or a middleman and 3. store the data in an open format like sqlite that I can query and manipulate outside of the application.
j1elo 1y ago
Maybe the license structure could allow for proprietary extensions. I don't think there would be many people willing to put the work of writing many deep and good quality integrations with banks for free.
offmycloud 1y ago
Would it be possible to write an addon to use Perl's Finance::Quote [1] like GnuCash does? It supports scraping many financial websites, as well as paid AlphaVantage quotes. 1. https://finance-quote.sourceforge.net/ https://finance-quote.sourceforge.net/
nodesocket 1y ago
Unfortunately ETRADE for example does not make exporting all transaction easy. Last time I looked at their API it involved manually authing via a http flow signing into your ETRADE account to get a temporary token that expires. Not exactly a flow that can be used for long polling account activity. I haven't researched much on Robinhood or Coinbase but I suspect they have much better APIs. That's an idea where a plugin system would be awesome, something like Plaid but for brokerages and Crypto exchanges only.

by paxys 1y ago

reactordev 1y ago

Agreed, they should at least support Plaid to get your account information and pull it in locally.

a-fadil 1y ago
Would you actually pay for that as add-on? Plaid isn’t free.
- paxys 1y ago
  Self-hosted doesn't have to mean free. I think an option to enable syncing with your own Plaid key (that you manage and pay for yourself) would be great.
- onelesd 1y ago
  i would happily pay. i already pay for monarch.
- codegeek 1y ago
  I would just add the option to add your own Plaid key or do manual imports.
- reactordev 1y ago
  No, the ability to import is table stakes for me. I'm not manually entering transactions or trades. Simply providing an API key for me and vibe coding a client to pull is all that's needed.

deanputney 1y ago

One possible option might be to set up email ingestion. My brokerage will send a daily update, for example. It's not super detailed, but it's a start.

bradleyjg 1y ago

If there was a sufficiently good import, something deeply customized for at least the top N banks, I think I’d be ok with that workflow. But even Quicken was disappointing on that front.

a-fadil 1y ago
The app support mapping profiles. I hope we will have a profile for each major broker. I'm also experimenting with local llm models to parse files and statement and call the app tools to feed data.
- ioblomov 1y ago
  This doesn't appear to be documented... https://www.google.com/search?q=site%3Awealthfolio.app+map+profile https://www.google.com/search?q=site%3Awealthfolio.app+map+p... Would be happy to contribute profiles.
- bradleyjg 1y ago
  Neat! Thank you. That’s really the killer feature for this imo. In a year when I consolidated a bunch of accounts, I’ve found essentially no program regardless of off or online that’s able to build a global view. It’s a pretty classic data problem—-heterogeneous data sources, entity resolution, etc. Should be amenable to a ml solution.
ryandrake 1y ago
Quicken is getting even more and more disappointing. Used to be, you'd use what Quicken calls "direct connect" where the client software itself connects to your bank's servers and pulls down your transactions and balances. They also had this "quicken connect" where the client software connects to Quicken servers, who, in turn, contact your bank--making Intuit an unwanted middleman. Slowly, but consistently, Quicken has been dropping "direct connect" support and coercing their users to go the middleman route. I, too, have been looking for an alternative to Quicken, but: 1. I don't want to have to go to each bank's crappy web site and download a crappy CSV to import, and 2. I also don't want the software developer inserting itself into what should be a data transfer between me and my bank. The Holy Grail personal finance software would 1. be free and open source, 2. download data directly from financial institutions without CSVs or a middleman and 3. store the data in an open format like sqlite that I can query and manipulate outside of the application.

j1elo 1y ago

Maybe the license structure could allow for proprietary extensions. I don't think there would be many people willing to put the work of writing many deep and good quality integrations with banks for free.

offmycloud 1y ago

Would it be possible to write an addon to use Perl's Finance::Quote [1] like GnuCash does? It supports scraping many financial websites, as well as paid AlphaVantage quotes. 1. https://finance-quote.sourceforge.net/ https://finance-quote.sourceforge.net/

nodesocket 1y ago

Unfortunately ETRADE for example does not make exporting all transaction easy. Last time I looked at their API it involved manually authing via a http flow signing into your ETRADE account to get a temporary token that expires. Not exactly a flow that can be used for long polling account activity. I haven't researched much on Robinhood or Coinbase but I suspect they have much better APIs. That's an idea where a plugin system would be awesome, something like Plaid but for brokerages and Crypto exchanges only.