Just Starting Out
Typically, we start with nothing and during high school and college we spend what we earn. Then we get our first job, and in the beginning we don't create wealth, we probably net consume it. And while that is how it's supposed to be, we should probably start to implement the foundation of wealth management -- a budget.
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Cloud-based financial management software
You will have a very long financial journey through many different banking, brokerage, manager and advisor relationships. Making sure you own your own data is very important. You never want to have your data “stuck” with a particular partner as it will not allow you to transfer to new partners easily - and this will become more and more important over time.
Manage your expenses
The absolute first thing to start out is to understand and keep track of your expenses. As you get older and your fixed expenses become a larger percentage of your income, you’ll want to set a budget to make sure you’re spending is in check, you can cover your fixed costs, and provide for savings.
Frequently Asked Questions
What do I get in my free trial of Annise?
Click on the Try it Free button on the upper right of this page. You'll get a 30-day free trial to test our platform features and functionality. At the end of the trial, you can upgrade to a specific plan, stay on the platform with limited functionality and advertising, or delete your family office and leave us feedback.
Which Annise plan is right for me?
Annise pricing is usage based - the more features you use, the more you'll pay. Just syncing brokerage accounts is fee, when you start to add alternative assets, or set up trusts, you'll pay more.
What is wealth management software?
Annise defines wealth management software as a platform that incorporates asset performance with a general ledger, all permissioned to whomever you'd like to have access to whatever assets, accounts, trusts, etc.
How does Annise work?
At its core, Annise is a large database that starts with a base set of knowledge of all publically traded securies, pricing, and related meta data. After you sync your accounts, Annise matches your securities with the market securities to start to be able to educate, inform, and analyze your portfolio.
Does Annise work with all my devices?
Annise works across all your devices. They web is where you'll probably do morst of your work. The iOS app will be for quick analytics an insight, the iOS widge and watch will be for quick peek of performance. And Siri will be for a bit of interaction.
Does Annise charge for Support?
Annise does not charge for support during your subscription, nor does it charge for support during set-up. If you'd like to add historic data to properly calculate MOICs / iRRs or if you'd like us to reconcile our accounts, we charge an hourly fee which you can find under Pricing.
How do my Advisors work with Annise?
Advisors use Annise to empower their clients and build their businesses. Investors grant Advisors access to their Family Offices or to particular assets, accounts, or trusts. Or Advisors grant Investors access to the platform to start to build relationships with prospects and clients alike
Can Annise help me upload historic data?
Yes, when you sync your custodial accounts or add alternative assets and related price and capital call information, you'll probably want to add transactions that occurred prior to the earliest transaction with in your sync'd accounts. This will allo for accurate performance data. Annise can do this for you for an hourly rate found in Pricing.
Learn from Annise
Annise is the perfect platform to start your wealth building journey. As you move to include brokerage accounts and start to invest in stocks, Annise will be there to help you better understand all aspects of your portfolio. What is a dividend? What is preferred stock? What does it mean for a bond to mature? Annise explains the event (e.g. a dividend), the reason (e.g. sustained profits), any tax impacts (e.g. qualified dividends have preferential tax treatment), and any insights (e.g. dividend per share went up 5% with the new dividend yield being 1.4%).