Envestnet Wealth Management Platform vs Firefly III comparison

Envestnet Wealth Management Platform focuses on Wealth Management, Portfolio, and Portfolio Accounting / Book of Record while Firefly III specializes in Portfolio, APIs & SDKs, and Webhooks. They overlap in 3 categories, so choose based on your preferred workflow and pricing.

Firefly III offers a free tier that lets you get started without paying, while Envestnet Wealth Management Platform requires a subscription. If budget is a concern, start with Firefly III and upgrade later if you need more advanced features.

Firefly III is more beginner-friendly with an approachable interface. Both can work for intermediate users.

Envestnet Wealth Management Platform has a mobile app so you can check your research on the go. Firefly III is web-only, so you'll need a browser to access it from mobile devices.

Yes, both platforms offer API access for developers and quants who want to build custom integrations or automate their workflows.

Choose Envestnet Wealth Management Platform if you need End‑to‑end wealth management platform that acts as a “plan‑to‑execution” application, giving advisors a single access point from planning and proposal through account opening and ongoing review., and RIA‑focused suite that includes planning, trading, reporting, proposal tools, CRM, client portal and billing in one configurable platform to streamline the full wealth management process.. Go with Firefly III if Self-hosted open-source personal finance manager (AGPLv3 license)., and Supports double-entry bookkeeping with budgets, categories, tags, and detailed reporting. better fits how you invest.

Both cover common asset types. Envestnet Wealth Management Platform also includes Stocks, ETFs, Mutual Funds, Funds, Bonds, Real Estate, Hedge Funds, and Private Funds. Firefly III adds coverage for Other.

Both platforms let you export data to spreadsheets (CSV). This is useful for custom analysis or record-keeping.

Envestnet Wealth Management Platform connects with brokers for portfolio syncing. Firefly III requires manual portfolio entry or data import.

Both platforms include portfolio tracking, so you can monitor your holdings, performance, and allocation in one place.