Quicken is strengthening its personal finance platform with powerful new investment features

Leading personal finance management software can now track investments in cryptocurrencies, limited shares and investment partnerships, along with traditional funds

MENLO PARK, CA, September 27, 2022 /PRNewswire/ — Quicken Inc., maker of America’s best-selling personal finance software, announced a new Quicken for Windows features, including tracking cryptocurrency investments, restricted stock units (RSUs), and investment partnerships. The updates strengthen an already strong set of investment options, further strengthening Quicken’s position as the most comprehensive and flexible personal finance software on the market.

For more than 35 years Quicken has been a trusted resource for more than 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 with targeted portfolio allocation analysis, and minimize risk while maximizing diversification by uncovering concentrated positions. With these new Quicken for Windows features, users can track an even wider range of investments.

The new features are especially important in times of market volatility as uncertain economic times affect people’s financial decisions. In a recent survey, Quicken found that while nearly 30% of Americans planned to buy a car in 2022, 60% of those respondents had second thoughts. Similarly, 21% planned to buy their first or new home this year, and 69% of those who were now considering it. The new Quicken 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 real-time performance of various investments in one place, which now includes support for cryptocurrencies, restricted shares (RSUs) and investment partnerships.” We’ve also added real-time quotes to provide up-to-the-minute data on how market changes affect the overall value of their portfolios.”

New features include:

  • Crypto support: Through 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 share value tracking to include up to eight decimal places, providing users with the increased precision and accuracy needed to track cryptocurrency positions.
  • RSU support: This new feature supports both basic tax tracking and complete valuation performance tracking for RSU holders, including grant tracking and flexible share allocation. 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 outstanding RSUs or exclude them entirely to reflect their actual net worth. Users can also track the tax implications of an RSU grant event by reducing the number of shares to account for taxes.
  • Investment partnership support: Quicken users who own an interest in a limited partnership (such as private equity funds or venture capital funds) can now seamlessly track their activities, including their initial capital commitment, fund contributions and cash or stock returns. This also allows their total net worth to accurately reflect these partnerships. Users can access a detailed summary of their investments, including new metrics such as cash MOIC, total MOIC and IRR.
  • Real Time Quotes: Quicken now offers real-time publicly traded stock quotes for all Premier subscribers and above.

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About Quicken Inc.

Quicken is the best-selling personal finance software in the US For more than 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 Simplify by Quicken — caters to a variety of financial needs and device preferences. Simplify by Quicken, named “the best budgeting app” by The New York Times Wirecutter, has been added to the Quicken product suite in 2020. Simplify, 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 further Facebook, Twitter, LinkedIn, YouTubeand Reddit. Click here to learn more about Simplify by Quicken, and follow us further instagram, Facebookand TikTok. Simplifi is available for download at Google Play and the Apple App Store.

SOURCE Quicken

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