Personal Capital Review (2022 Update): Everything You Wanted To Know!

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Updated: November 30

By: Scam Risk - Expert Reviewer

Personal Capital

Personal Capital is an app that is a centralized hub for all your financial data.

This Personal Capital review will show how this personal finance software can help you with financial planning, asset allocation, and even retirement planning.

This Personal Capital Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Free to use
  • Great security
  • Dedicated financial advisors
The Good

Cons: What I Didn't Like

  • Solicitation for $100,000
  • Wealth management fees
  • Low-interest rate on Personal Capital Cash
The Bad

There are countless information courses floating around the internet. Why? Because for every problem that exists, someone claims to have the solution.

And that solution is usually some oddball money-making system that tells you how to turn a casual interest – or maybe something you’re super passionate about – into sustainable, reliable income.

Just like Personal Capital. Here’s the hard truth, though…

Most of these programs:

  • Take way more time than you’re led to believe
  • May have hidden fees
  • Require you to buy multiple upsells in order to get the “real” information

But most importantly, a lot of these programs just don’t scale.

“Scale” means once you do the work to make a little money, it should get easier to make more money, not harder.

The problem is, most programs out there make it hard to make money at first and even harder to keep making money.

In other words, you might be able to make some money in the beginning, but it won’t be sustainable, and you’ll end up getting discouraged.

This is the exact opposite of passive income.

When income is truly passive, you do the work upfront, but then you set it and forget it. The money gets made whether you’re working or not. It’s not directly tied to the hours you put in.

So, what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Selling to friends and family
  • Selling to strangers
  • Recruiting people
  • Dealing with questionable products that weigh on your conscience

An income stream that brings in consistent monthly revenues (from a couple of thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?

If that sounds like something you’d be interested in, check out Digital Real Estate. 


This is nothing like Personal Capital, and that’s probably a good thing.

However, if you’d still like to know more about Personal Capital, keep reading.

What Is Personal Capital?

What Is Personal Capital

Personal Capital is a digital wealth manager. Personal Capital offers an app for mobile and online personal finance and investment management.

It is a California-based investing company with branches in Denver, Dallas, San Francisco, and Atlanta. Louie Gasparini, Rob Foregger, Paul Bergholm, and Bill Harris founded the company in 2009.

What’s Inside Personal Capital?

What's Inside Personal Capital


Personal Capital’s Dashboard provides a financial snapshot.

Your net worth, cash flow, budget, portfolio balance, emergency fund, and retirement savings are listed on this page. Your linked financial accounts and their balances are on the left, so you can see how much you’ve saved, invested, and owed.

On your dashboard, customizable cards give financial advice and lead you to various portions of the site that can examine your finances.

Net Worth

Net Worth

Your net worth is computed by subtracting liabilities from assets. Personal Capital performs this by aggregating your checking, savings, brokerage, and other asset balances and deducting your credit card debt, mortgage, and loans.

Customize your Net Worth view by choosing a date range, accounts, assets, and loans.

Fee Analyzer

Fee Analyzer

The fee analyzer in Personal Capital’s retirement planner helps you keep tabs on how much money you spend in retirement accounts each year. They will also reveal any covert charges associated with your mutual funds.


This section functions as your ledger. Your financial transactions, including those done using credit cards, debit cards, and direct deposits, will be displayed here. You can modify the view by selecting a certain time frame and account type.

Personal Capital Banking

Cash flow, budget, and bill analysis are just some features of Personal Capital’s cash management software.

Cash Flow

This section shows your monthly cash flows.

Non-cash transactions are blocked out on this page. Personal Capital won’t include investment account transfers or IRA rollovers because you didn’t make or spend money.

You may split positive and negative cash flows in Cash Flow by “Income” and “Expense.”



The platform’s cash management and wealth management services are top-notch, and so is its free budgeting tool.

The cash management account has no minimum balance requirements and no monthly fees. It offers 2.02% and 2.15% APY for tits Personal Capital Advisory Clients.

The application analyzes all your linked account transactions and displays a bar chart of your daily expenses. You can filter by expenditure category to see which costs to prioritize. You can manually alter a transaction’s name, category, tags, and receipt photos.

Personal Capital allows you to export your transactions as a .csv file, which you can read in Excel.


Personal Capital links you to your bank’s website to settle unpaid bills.

It only shows debts from linked accounts, including credit cards and mortgages. You won’t find subscription bills like music and shopping in the Bills section.

Personal Capital Planning

Personal Capital Planning

Personal Capital includes fantastic personal finance tools for retirement planning, emergency fund building, and portfolio risk management.

The retirement planner analyzes your retirement portfolio’s success. The savings planner informs you how much to save yearly to reach your goals.

Personal Capital Cash

Personal Capital Cash

Personal Capital’s cash management program deposits your funds in FDIC-insured partner banks.

No minimum balance or fees are required. The account allows unlimited transactions and joint accounts. Personal Capital’s Cash program gives 0.05% APY and Advisory 0.1%.

However, the Personal Capital Cash program only allows online transfers. You can’t deposit or withdraw cash, and there’s no debit card.

Personal Capital Investing


The Holdings tab in Investing provides a line graph of the You Index vs. one of several benchmarks.

The You Index from Personal Capital extrapolates backward your portfolio of current holdings.

Below the line graph is your holdings list. Select a holding to add to the graph and compare it to the You Index and your chosen benchmark. This is an excellent technique to determine if your portfolio or an investment beats the market.


You can examine the cumulative worth of your investment accounts at a glance by clicking on the Balances tab.

Specific accounts and tax-favored accounts can be hidden, and a period range can be specified for viewing.


The Performance tab monitors your portfolio’s real performance concerning a benchmark, opposite the Holdings tab’s historical performance.



You can see a neat breakdown of your asset allocation in the Allocation section.

Selecting an asset class will reveal its subclasses; selecting a subclass will reveal your holdings within that subclass. To view your holdings in domestic large-cap growth companies, select “U.S. Stocks” and “Large Cap Growth.”

Personal Capital Services

Depending on your investment capital, Personal Capital offers three service packages with progressively lower management fees and greater bonuses. Some of the best features at each level are as follows:

  • Investment Service – The entry-level plan includes financial advisors who can help with planning and investments. You’ll get an ETF-only portfolio with tax optimization and rebalancing. This is for accounts from 100k-200k.
  • Wealth Management – The middle-tier package replaces the team of advisors with two dedicated advisors. It provides access to financial planning specialists. Individual equities can replace ETFs in your portfolio. This is for $200,000-$1,000,000 accounts.
  • Private Client – In addition to the previous tiers’ features, you’ll have access to wealth planning services, private banking, Personal Capital’s investment committee, and, if you have enough assets, individual bonds and private equity investments. This is for $1 million-plus accounts.

How Much Does Personal Capital Cost?

Creating a Personal Capital account is free. If you have over $100,000 in assets, a Personal Capital financial advisor will call you for a sales pitch.

The only Personal Capital fees you have to pay are if you have a Wealth Management account. Wealth Management fees range from 0.49% to 0.89% based on the account balance.

Is Personal Capital A Scam?

Is Personal Capital A Scam

So, is Personal Capital a scam? Not technically. You can make money with this program, but it’s definitely not as easy as they make it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – it doesn’t scale.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months, and then your reward is being forced to grind it out for another 9 months before seeing any “real money,” well…that’s not a great deal, is it?

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

And you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection are all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece


They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Personal Capital?

are there alternatives

Yes, there are plenty of programs and resources to choose from if you want to pursue this business model.  Here are just a few:

What Is My Top Recommendation For Making Money IN 2022?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business,” the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online or been in this space for a while but never really “made it,” Digital Real Estate is for you.


1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full-time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.


2) You Own & Control EVERYTHING: With Personal Capital, you don’t really own anything. You have no control over the quality of products. You don’t even own your “business”.

Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.


3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.


4) No Inventory: Alright, so most Personal Capital doesn’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.

And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.

Imagine finally landing your first customer and losing them after one sale because they had to wait 6 weeks to get their order.

With Digital Real Estate, a 100% online business, you never even have to think about that risk.

Lance Lead Gen

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple of keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 monthly in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with Personal Capital, you’d probably need to double the number of hours you spend working. Because, again, this program doesn’t scale.


6) Make Money Helping Real People: With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.


Now, the choice is yours. You could continue browsing, looking at opportunities like Personal Capital which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms, thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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