The financial landscape is undergoing significant changes. According to Finder, a comparison platform, a significant shift in personal finance is underway in 2025, with 26% of the UK adult population actively participating in the stock market. This surge from 18% in prior years underscores a clear trend: personal management of assets or do-it-yourself (DIY) investing is booming.
Digital trading platforms have made investing more accessible, empowering retail investors to take control of their assets. This shift is especially noticeable among younger investors, who are increasingly drawn to app-only platforms—reflecting a fundamental change in how assets are managed and executed.
This rise in the popularity of investment apps and online trading platforms demonstrates that more and more people are yearning to be involved in managing their assets.
By its very nature, DIY investing signifies a desire for total control over the financial future. Personal asset management apps provide the tools to achieve that control, allowing users to organise, manage and track their assets.
Interested in discovering personal investment management software? This article explores various personal asset management solutions, from comprehensive platforms to specialised apps designed for certain asset classes.
What are Personal Assets?
According to LSD Law (an online legal resource), personal assets refer to resources – both tangible and intangible – that an individual can own and hold economic value. These assets are usually transferable or convertible into cash and contribute directly to an individual's overall net worth, as referenced in Legal Templates.
Types of Personal Assets
Personal assets take various forms, each playing a unique role in shaping overall financial health. These include:
Cash and Bank Accounts
- Checking Accounts
- Foreign Bank Accounts
- Physical Cash
- Savings Accounts
Physical Assets
- Art
- Car
- Collectables
- House
- Jewellery
- Wine Collection
- Luxury bags
- Watches
Intangible Assets
- Bonds
- Mutual Funds
- Exchange-traded funds (ETFs)
- Stocks and Shares
Digital Assets
- Cryptocurrencies
- Non-Fungible Tokens (NFTs)
All of these assets are quantifiable and can be recorded on a personal asset-tracking software to consolidate an individual's holdings. The digital asset management app gives users an overview of their financial position, facilitating sound decisions in their investment and finances.
Top Personal Asset Management Apps to Consider
Web and mobile applications have become essential, offering solutions from tracking investments to managing property or digital assets. The list below highlights the main categories of apps available in the market that offer various financial services:
1. Budgeting Apps
According to Equifax, a credit reporting agency, budgeting applications enable users to monitor and analyse their transactions. They deliver actionable insights into income and expenditure patterns, empowering users to maintain budgetary control.
Primary Features
Keeping tabs on finances can be challenging, especially if someone is short on time or finds manual tracking tedious. Learn Signal notes that budgeting apps address this with features like:
- Expense Classification: Categorise expenditures for simplified analysis.
- Financial Goal Setting: Define and monitor progress towards financial objectives.
- Real-time Tracking: Offer immediate visibility into spending transactions.
- Spending Analysis: Provide actionable insights into spending patterns.
Top Budgeting Apps
Whether a beginner or experienced budgeter, this list presents leading budgeting apps to streamline financial management.
- Emma: A budgeting tool that consolidates financial accounts, tracks expenses, and identifies unnecessary subscriptions, enabling users to optimise savings.
- Snoop: A platform that connects with bank accounts, offers personalised savings tips, and generates customised spending analyses.
- You Need a Budget (YNAB): A unique app that encourages users to assign every dollar a job, ensuring that all income is allocated toward specific expenses, savings, or goals.
2. Personal Investment Management Software
To achieve specific investment objectives, Confluence Technologies suggests personal investment management apps to manage buying and selling of investments within one’s portfolio.
Primary Features
Investment management software is indispensable for those seeking data-driven decisions to maximise portfolio performance. 10xsheets lists the following features:
- Integration Capabilities: Connect with various financial tools or systems to optimise workflows.
- Performance Analysis and Reporting: Enhance data analysis and interpretation by offering visualisation features such as charts and graphs.
- Portfolio Tracking: Monitor diverse investments, encompassing stocks, bonds, mutual funds, ETFs, and other investments.
- Risk Assessment: Evaluate the portfolio's risk exposure and identify potential vulnerabilities through risk metrics and stress testing.
Top Personal Investment Management Software
Navigate the world of personal investing with these top-rated investment management software options:
- eFront: This software service delivers transparent, accurate financial reporting and calculations, including sophisticated accounting and carried interest computation for complex investment structures.
- Nutmeg: An online investment management service enabling users to track investment performance, access market insights, and adjust contributions.
- Plum: A UK-based app that automates savings and investments by analysing spending habits and allocating funds into diversified portfolios tailored to the user’s risk profile.
3. Net Worth Tracker Apps
As defined by the Office of Financial Readiness, a net worth tracker app simplifies the calculation and monitoring of one's owned assets and owed liabilities.
Primary Features
For a comprehensive understanding of financial standing, these features are vital in a net worth tracking app:
- Asset Aggregation: Consolidate data from diverse financial accounts, such as banks, investments, real estate, etc.
- Currency Conversion: Support multiple currencies for users with international holdings.
- Liability Tracking: Monitor all liabilities, including loans, credit card debt, and mortgages.
- Net Worth Calculation: Automatically calculate and display net worth based on aggregated asset and liability data.
Top Net Worth Tracking Apps
For a complete and up-to-date picture of finances, consider these top net worth tracking platforms:
- Kubera: A net worth tracker consolidating financial accounts, such as bank accounts, brokerage portfolios, cryptocurrency wallets, and real estate holdings, into a single dashboard.
- MyAssets: A web application delivering a holistic financial overview by aggregating all assets and liabilities, from core finances and real estate to cherished collectables and personal belongings.
- Pocketsmith: An application that offers a comprehensive view of overall financial performance, encompassing all accounts, assets, and liabilities.
See More: MyAssets: The Digital Asset Management App That Get Things Done
4. Personal Property Management Software
Rezcontrol, a software company, describes property management software as a solution that facilitates property administration across various scales, automating financial, administrative, customer relationship, and operational management processes.
Primary Features
The market offers a variety of software solutions; however, for maximum process efficiency, these core functionalities are essential:
- Asset Valuation: Track and update the current market value of properties, including estimations and appraisals.
- Document Storage: Store relevant property documents, such as deeds, contracts, and insurance policies.
- Expense Tracking: Record and categorise all property-related expenses, such as taxes, insurance, and utilities.
- Property Monitoring: Maintain detailed records of all owned properties, including addresses, descriptions, and purchase information.
Top Personal Property Management Software
For efficient and organised property management, consider these top software picks:
- Buildium: All-in-one property management software allowing users to handle tasks like online rent collection and accounting while providing access to reports and analytics to track rental income, expenses and more.
- Fixflo: A software offering specialised repair/maintenance services, streamlining complex repair processes, and centralising all communication.
- Arthur: An end-to-end platform that unifies stakeholders through account switching and centralised communication.
Also Read: Become A Better Property Manager With This 7-Step Guide
5. All-in-One Personal Finance Apps
Offering a unified approach to financial management, all-in-one personal finance apps combine budgeting, spending analysis, saving, and investment tools, enabling users to make informed and proactive financial choices.
Primary Features
All-in-one personal finance apps streamline finance management by offering a range of tools in a single platform. A software company, Interexy, highlights the core features these apps should have:
- Budgeting and Expense Tracking: Categorise spending, monitor budgets, and receive insights for improved financial habits.
- Investment Tracking: Monitor investment portfolios and receive optimisation advice, with valuable features like market trend insights.
- Bill Management: Organise, track, and automate payments with due date reminders and payment history viewing, ensuring timely bill payments.
- Data Analytics and Reporting: Provide detailed reports and visualisations of income, expenses, and investments, enabling users to understand their financial behaviours and trends and make informed decisions.
Top All-in-One Personal Finance Apps
Looking for a unified approach to personal finance? Explore these all-in-one personal finance apps listed below:
- Empower (formerly Personal Capital): A personal finance management application providing users with an overview of their financial situation by aggregating data from various accounts, including bank accounts, investment accounts, credit cards, loans, and more.
- Betterment: A robo-advisor app offering automated investment management, goal-based planning, and tax-efficient strategies.
- NerdWallet: A personal finance application that provides consumers with information, insights, and expert advice on personal finance, helping them make informed decisions across various areas like credit cards, banking, and investing.
See Also: FinTech and Financial Literacy: How Technology is Changing Money Management in the UK
How to Maximise Financial Control with Personal Asset Management Apps
The rise in financial vulnerability, with 44% of adults falling into financial difficulty in 2023, highlights the urgent need for tools that empower users to manage their finances effectively.
Whether tracking budgets, investments, net worth, or properties, personal asset management apps provide the clarity and control needed to navigate financial challenges and make informed decisions.
By leveraging these powerful tools, individuals can take proactive steps toward financial control, better understand their overall wealth, and confidently plan for the future.
Personal Digital Asset Management: Frequently Asked Questions
1. What is personal asset management?
Personal asset management refers to tracking, organising, and optimising an individual's financial and physical assets.
This includes managing bank accounts, investments, real estate, personal property, and other valuables to maintain financial health, monitor net worth, and achieve long-term financial goals.
2. How big is the asset management industry in the UK?
The Investment Association's latest annual figures show that the UK's investment management sector experienced growth in 2023. Assets under management rose to £9.1 trillion, up from £8.8 trillion in 2022.
3. What is the best app for personal money management?
The best personal money management app depends on an individual’s needs. Highly-rated apps provide robust features in budgeting, tracking, and financial planning.
Your Finances Tracked, Managed and Organised with MyAssets
Managing personal assets can quickly become overwhelming without the right tools. From tracking investments to monitoring expenses, staying on top of financial health requires clarity and organisation.
MyAssets simplifies personal asset management by providing a seamless way to organise, track and manage wealth, while tracking one’s net worth and investments –all in one place. MyAssets is like a personal investment management software, net worth tracker app, and personal property management software rolled into one.
As a net worth calculator, MyAssets consolidates all assets and liabilities into a single platform, providing users with a real-time view of their financial standing. While valuations are manually updated, MyAssets instantly recalculates net worth based on the latest inputs, helping users track fiscal growth and confidently make informed decisions.
As a comprehensive asset management platform, MyAssets can record all financial data from cash and bank accounts, traditional investments, and cryptocurrencies, to insurance, real estate, and even physical assets like collectables, family heirlooms, and other sentimental items.
Interested to know more? See MyAssets in action and try it free for 14 days.
