Net worth tracking comparison: PortfolioPilot vs Quicken Simplifi (2025)

According to the Bureau of Labor Statistics, in 2024, 49.6% of US married-couple families had both spouses employed. As more households accumulate multiple retirement accounts, mortgages, and credit lines across institutions, tracking net worth has become both more important and more complex. The real question isn’t ‘which app has the cleanest dashboard?’ but ‘which tool helps build long-term wealth versus just keeping spending under control?’ This article compares Quicken Simplifi and PortfolioPilot on that exact distinction.

Key Takeaways

1. Purpose: PortfolioPilot focuses on long-term investing and household-level net worth analysis, with retirement planning, portfolio scoring, and AI-generated insights. Simplifi centers on budgeting, cash-flow, and bill tracking with net-worth charts built in.
2. Cost model: PortfolioPilot includes completely free tracking of portfolios and net worth. Simplifi requires a paid subscription (site lists from $3.99/mo billed annually).
3. Breadth of assets: PortfolioPilot connects over 12,000 institutions—brokerages, retirement accounts, banks, crypto, real estate, and liabilities—with flexible importing (manual, copy/paste, even screenshots). Simplifi links banks, cards, and investments, but its design remains budgeting-first.
4. Investor tools: PortfolioPilot offers a free portfolio “report card,” diversification scoring across 30+ asset classes (via Diversification.com), tax and fee views, and prioritized recommendations. Simplifi emphasizes spending plans, alerts, and budgeting workflows.

Quicken Simplifi: A budgeting-first subscription with net-worth tracking

Simplifi by Quicken is designed for day-to-day money management: connect accounts, categorize spending, set targets, and watch net worth over time. Reviews highlight ease of linking and a clean dashboard; Simplifi’s own support notes that brokerage-style cash can be categorized as investment, which may exclude those transactions from spending views unless set up carefully. Pricing on Quicken’s site shows plans starting at $5.99/month billed annually (promotions vary). 

Where it shines:

• Clear spending plan and bill tracking
• Unified view of banks, cards, and investments
• Simple net-worth charting

Typical trade-offs:

• Subscription required for core tracking
• Investment features are lighter-weight than dedicated portfolio tools
• Setup details (for example, treatment of brokerage-like cash) can affect reports

PortfolioPilot: Free net-worth tracking plus AI investing analysis

PortfolioPilot provides completely free portfolio and net worth tracking across accounts and asset types. Unlike budgeting-first apps, it is built for investors who want depth, not just a single number.

• Completely free tracking: No subscription required to track full portfolios (with an optional paid tier that includes monthly recommendations).
• Portfolio “report card”: A free score that benchmarks diversification, risk, and fees against peers.
• Flexible importing: Connect to over 12,000 brokerages, banks, and crypto wallets - or import data via screenshot, manual entry, or copy/paste.
• Independent advice: Neutral analysis, not continuous upsells into a portfolio management service.
• From tracking to action: Goes beyond dashboards by surfacing prioritized recommendations on what to fix first.
• Multi-asset coverage: Monitor investments, retirement accounts, real estate, crypto, commodities, liabilities, and cash in one place.

So what? For investors who care less about budgeting envelopes and more about long-term decisions, PortfolioPilot’s free suite gives both the big picture (household net worth) and the actionable details (diversification, tax drag, and fees). 

Why the difference matters

Hypothetical: A 37-year-old with a W-2 salary uses one checking account, two credit cards, a 401(k) at Fidelity, a taxable brokerage at Schwab, a home with equity, and a small crypto wallet.

• With Simplifi, the person gets a strong spending plan, alerts, and a net-worth chart, plus a consolidated view of accounts. If a brokerage-style cash account feeds spending, they may need to adjust account types to keep budgets accurate. 
• With PortfolioPilot, the person sees household-level exposures, tax drag, and diversification gaps across Fidelity + Schwab + real estate + crypto, and receives monthly AI insights on where risk or fees might be concentrated. The investor then decides what to change. 

So what? If the goal is cash flow discipline, Simplifi’s budgeting engine is the right fit. If the goal is long-term wealth decisions - asset mix, fees, taxes, and risks - PortfolioPilot’s analytical depth may add more value to the same net-worth number.

The comparison is based on publicly available information from each provider’s website as of 11/19/2025. Features, fees, and methodologies may change over time