★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Tool comparison edition
Tool Comparison
Envestnet Wealth Management Platform vs Sharesight
Pick Envestnet Wealth Management Platform instead if
Envestnet Wealth Management Platform
Best for webhooks
Contact for pricing · Web · Mobile · API
- You care about webhooks, something Sharesight doesn't offer
Start here
Sharesight
Best for risk metrics and performance attribution
Free • Paid plans available · Web · Mobile · API
- You'd rather start free and only pay if you outgrow it
- You care about risk metrics, performance attribution, and downloadable tax reports, things Envestnet Wealth Management Platform doesn't offer
- You're newer to investing and want something approachable
Skip both if: Neither one clicks with how you research; there are strong third options.
See alternativesOutbound links may include affiliate or sponsor codes.
The verdict
The bottom line
Envestnet Wealth Management Platform and Sharesight cover a lot of the same ground (5 shared categories, including wealth management, portfolio, and advisor operations), so for the basics you won't go far wrong with either. Sharesight simply does more: 13 categories to Envestnet Wealth Management Platform's 6, including risk metrics, performance attribution, and downloadable tax reports. Envestnet Wealth Management Platform counters by keeping things simpler.
Key differences at a glance
- Free plan
- Sharesight
- Free trial
- Sharesight14 days
- Broader coverage
- Sharesight13 vs 6 categories
- Beginner friendly
- Sharesight
Comparison snapshot
| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | Contact for pricing | Free • Paid plans available |
Free tier | No | Yes |
Free trial | — | 14 days |
Plan limits | — | 14 limits: Free: portfolios: 1, Free: holdings: 10 +12 more |
| Platforms & access | ||
Web app | Yes | Yes |
Mobile app | Yes | Yes |
API access | Yes | Yes |
Broker sync | Yes | Yes |
Integrations | Schwab, Fidelity +9 more | Interactive Brokers, Trading 212 +4 more |
| Audience & fit | ||
Experience level | Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | Institutional Investors, Financial Advisors +3 more | Retail Traders, Pro Retail +6 more |
Categories covered | 6 | 13 |
Regions | North America, Europe, APAC, LatAm, Middle East, Africa | North America, Europe, APAC, LatAm, Middle East, Africa |
| Data & capabilities | ||
Data quality | Multi-currency | 5 signals: Latency: End of Day, Granularity: EOD +3 more |
Capabilities | 24 signals: Monte Carlo, Broker sync +22 more | 11 signals: Broker sync, Portfolio attribution +9 more |
Security | 4 signals: SOC2, SSO: SAML +2 more | 5 signals: SOC2, Data residency: Other +3 more |
| Try it | Visit Envestnet Wealth Management Platform | Visit Sharesight |
Standout features
What Envestnet Wealth Management Platform does best
- Run advisor workflows from financial planning and proposals through account opening, trading, reporting, billing, and ongoing client review.
- Use Envestnet | Tamarac modules for model management, account monitoring, trading, rebalancing, reconciliation, portfolio analysis, client reporting, and billing.
- Build UMA and model-portfolio workflows with sleeve-level management, proposal tools, custom models, and personalization at scale.
- Use MoneyGuide, BillFin, Payments, Data & Analytics, and Yodlee capabilities where the firm licenses the relevant modules.
- Manage advisory billing with AUM fee schedules, household billing, advance or arrears billing, proration, invoices, reminders, fee splitting, and custodian file exports.
What Sharesight does best
- Track listed and unlisted investments across global markets, including stocks, ETFs, funds, bonds, crypto, cash, property, and custom investments.
- Import trades from supported brokers and finance apps or use CSV and manual workflows when a broker connection is unavailable.
- Measure portfolio performance with reports for returns, multi-period performance, diversity, exposure, contribution analysis, drawdown risk, and benchmarks where supported by plan.
- Track dividends, dividend reinvestment plans, splits, and other corporate actions with income and tax reports tied to portfolio tax residency.
- Handle multi-currency portfolios with automatic base-currency conversion plus valuation and FX-impact reporting.
Data & access details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsMutual FundsFundsBondsReal EstateHedge FundsPrivate Funds | StocksETFsMutual FundsFundsBondsCryptosReal EstateOther |
Experience | IntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Institutional InvestorsFinancial AdvisorsRIAs / Wealth FirmsFamily OfficesAsset Managers | Retail TradersPro RetailLong-term InvestorsDividend InvestorsIndex/Passive InvestorsFinancial AdvisorsRIAs / Wealth FirmsFamily Offices |
Regions | North AmericaEuropeAPACLatAmMiddle EastAfrica | North AmericaEuropeAPACLatAmMiddle EastAfrica |
Coverage details | Not specified | Identifiers: Ticker |
| Data | ||
Data freshness | Not specified | End of Day |
Data granularity | Not specified | EOD |
| Access & integrations | ||
API protocols | REST | REST |
API auth & delivery | Auth: APIKeyWebhooksDocs | Auth: OAuth2Docs |
Import methods | Not specified | CSVBrokerOAuthManual |
Integrations | SchwabFidelityRBCInteractive BrokersFolio InstitutionalLPL FinancialWealthboxSS&C Salentica+3 more | Interactive BrokersTrading 212Hargreaves LansdownDEGIRORobinhoodXero |
Export formats | CSVExcel | CSVPDF |
| Plans & trust | ||
Security & compliance | SOC2SSO: SAMLEncryption at restEncryption in transit | SOC2Data residency: OtherEncryption at restEncryption in transitRole-based access |
Capability signals | Monte CarloBroker syncCorrelationHouseholdingAlternatives supportDrift monitoringModel portfoliosSleeve-level+16 more | Broker syncPortfolio attributionTax lotsMulti-currencyHouseholdingAlternatives supportClient reportingWhite label+3 more |
Vendor & support | Envestnet, Inc.Country: USSupport: Email | Sharesight Pty LtdCountry: AustraliaSupport: Email |
Green tags are exclusive to that tool in this comparison.
Pricing breakdown
—
Starting price
Plans & pricing
Free
Starting price
Plans & pricing
- portfolios: 1
- holdings: 10
- +1 more
- portfolios: 1
- holdings: 30
- +1 more
- portfolios: 4
- holdings: Unlimited
- +1 more
- portfolios: 10
- holdings: Unlimited
- +1 more
- min portfolios: 5
- tiers: 5–19: €13.5; 20–49: €12; 50–99: €10.5; 100+: €9.2 per portfolio/month...
Coverage overlap
Shared categories
5Where the two tools cover the same ground.
Envestnet Wealth Management Platform strengths
1What you only get with Envestnet Wealth Management Platform.
Sharesight strengths
8Community category leaders
Vote sentiment comparison
Loading sentiment chart...
Frequently Asked Questions
What's the difference between Envestnet Wealth Management Platform and Sharesight?
Envestnet Wealth Management Platform leans toward wealth management, portfolio, and advisor operations, while Sharesight puts more weight on portfolio, risk metrics, and performance attribution. They overlap in 5 categories, so for most people it comes down to workflow preference and price.
Is Envestnet Wealth Management Platform or Sharesight free to use?
Sharesight has a free tier, so you can get started without paying anything. Envestnet Wealth Management Platform is paid-only. If budget matters, start with Sharesight and see how far it takes you before opening your wallet.
Which is better for beginners: Envestnet Wealth Management Platform or Sharesight?
Sharesight is the friendlier place to start; its interface takes less getting used to. Both work fine once you're past the basics.
Do Envestnet Wealth Management Platform and Sharesight have APIs?
Yes, both offer API access, so developers and quants can pull data programmatically or wire up their own integrations.
Should I choose Envestnet Wealth Management Platform or Sharesight?
It depends on what you're after. Pick Envestnet Wealth Management Platform if webhooks matter to you; go with Sharesight if you'd rather have risk metrics and performance attribution. And if you only need the basics both share, let price decide.
What asset classes do Envestnet Wealth Management Platform and Sharesight cover?
Both cover stocks, ETFs, mutual funds, and funds. Envestnet Wealth Management Platform also handles hedge funds and private funds. Sharesight adds cryptos and other on top.
Can I export data from Envestnet Wealth Management Platform and Sharesight?
Yes, both export to spreadsheets (CSV), which is handy if you like running your own numbers.
Can Envestnet Wealth Management Platform or Sharesight connect to my broker?
Yes, both connect to brokers, so your portfolio syncs automatically instead of you keying in every trade.
Can I track my portfolio with Envestnet Wealth Management Platform or Sharesight?
Yes, both do portfolio tracking: holdings, performance, and allocation in one place.
Other tools you might like
These profiles share overlapping coverage with both sides of this matchup.
Keep Exploring
Global rankings of the highest-rated tools across all categories.
Browse every screener, tracker, data platform, and research tool.
Ranked list of companies with durable competitive advantages.
Proven models entering their growth phase with solid economics.
Track votes, sentiment, and engagement across the community.
Learn moat types, red flags, and real-company examples.
Browse other head-to-head tool comparisons and alternatives.
Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.