Any one use it here in this forum? I have been using it since inception and love it.
I received an email, saying in the coming weeks the full view will migrate to a newer version. It also said that all Fido accounts will appear automatically, but non fido acccounts need to be set up once again.
https://www.fidelity.com/go/monitoring-your-financial-portfolioLooking into details, the existing full view is managed by Yodlee but new full view is by eMoney (Full View is operated by eMoney Advisor, LLC, a Fidelity Investments company)
Call me crazy nut but as a precaution, I manually deleted my non fidelity accounts from Full view and left the default Fidelity ones there. I am just concerned when we move to new provider, the existing data of non fidelity accounts might stay there at yodlee. Maybe I am over reacting. Maybe eMoney uses yodlee under the hood, who knows!
Anyway, thats what I wanted to share.
Thanks for reading.
Mulder
Comments
I'm not certain whether that is still the case. (I hope so.)
I also got Fidelity's email. I'm not sure what to make of the footnote on the page you linked to: "The new Full View will no longer support rewards points and bill management, balances and expenses calendar view, and credit card usage view."
Maybe it just means that things like "Bill Manager" and "Rewards Manager", which are drop down views under "My Accounts" will no longer be there. If so, that's not a big deal since the info was on the Dashboard view anyway.
Here's Kitces' take on Fidelity acquiring eMoney in 2015:
https://www.kitces.com/blog/fidelity-acquires-emoney-advisor-pfm-dashboard-gets-financial-planning-software-thrown-in/
In short, it sounds like he thought Fidelity acquired eMoney for its Mint-like presentation of data. He expected that to show up at the retail level ("direct-to-consumer") at Fidelity, and now it seems it is about to. So the footnote about features vanishing could be nothing more than an acknowledgement that this will be a different presentation system. Or it could mean more. We'll see.
I have an email chain w/ Fido support about this going back now probably 7y, although the issues have differed over that period, and the discrepancies likewise have been dynamic and unpredictable.
There was a stretch of a few months ago when it worked perfectly and matched ML's identical My Financial Picture / Net Worth to within a few pennies. I was always amused at the discrepant rounding errors (not really, just different handling of cents).
Now it is back to old erroneous ways but probably for different reasons.
Even now, or especially now, you can have it show a given Fido holding marked updated and latest and all that, but wrong, and then you can go with one click to that Fido account, where you will see the actual, very different, latest update. Just wild.
Several of the franker c/s people have said Yeah, there are problems with the feed and the timing and the reconciliation and worst of all the labeling.
Regarding Fidelity account updating, my experience is that the Fidelity account pages are updated promptly but that Full View waits until around 1AM to update the Fidelity accounts. So they may mismatch for several hours.
Worse is that FV promptly updates the values of external accounts. So between around 5PM and 1AM Eastern Time, FV shows a portfolio value that's a combination of today's numbers (for external accounts) and yesterday's numbers (for Fidelity accounts).
The "within a few pennies" is what irks me. If you hold the same fund in two accounts, say $12.05 in one account and $26.27 in another, FV might report your total holding as $28.31. The discrepancy occurs because FV adds the shares together and then computes the value based on share price. Add then round, rather than round then add.
No matter. I really do expect everything to change; so it doesn't seem worth complaining to Fidelity now.
Assume you meant $38 and change, else the problem is even worse than I reported....
Now I get the adding-shares thing, which seems a little weird when bringing in other accounts, or maybe not.
This was part (v small) of the reason I xferred everything (but one account) to ML 9m ago, in addition to the $1k reward. I had used the ML equivalent for years and it never failed to be right.
I was once actually fed nice dinner by Fido for going downtown and being in an eveninglong UX group with testing and terminals and experimental UIs, all that, for being a veteran accountholder yada yada, so figured my detailed writeup would be of use, as I was also working at the time as SW TW and also UX analyst and advocate. How many hars are permitted in one evening.
I also told anyone who would politely nod that only a coujple of years earlier I had done not inconsiderable freelance editorial work for them on bond prospectuses and such.
More recently, a new next-door neighbor, unmet thus far by me, works in Fido UX, so maybe I should drop by and come on the opposite of strong.
A "scheduled" maintenance would be have been announced in advance and include an end time. Further, Fidelity has since taken down the Full View link in the drop down menu from Accounts. Before doing that, they rerouted it so that it brought you to the "coming soon" page.
Before their system died, I had a little bit of time to look around. Normally I'd be a bit more magnanimous, since one usually dislikes something different and unfamiliar. But I'm not feeling particularly forgiving now.
They did not carry over any of the outside login info. On the one hand, one may consider that a good thing (more secure), but on the other, it means that one has to link up, in my case, many different accounts. Worse, it doesn't link multiple accounts on the same server in one shot. You have to link each one separately. While you don't have to keep providing the same outside login repeatedly, it still takes a long time to find the candidate accounts (that it already read when you linked the first account).
The list of holdings isn't under investments but under statements (as I recall - not sure of the names, but it wasn't where I expected). Unlike the old Full View, you can't sort investments by size (e.g. from largest holding to smallest). It seems to only sort alphabetically.
That's about as far as I got before everything went kaplooey.
FWIW, real, honest info I got from tech support was that they were working on the problem and hoping to have it up and running by Monday. In the meantime, Full View is dead. At least tech support didn't try to snow me and say this was a scheduled outage.
Just curious - @davidrmoran did you get email notifying you about the switchover? I didn't; I just found the link when I logged in this morning. Another example of, shall we say, less than ideal communication.
It did not include a specific time
Fortunately, Fidelity provides a total on my Home Page (Portfolio) for Investments and Checking Accounts which is useful. The only time Full View agrees, any where close, is late Saturday. All other days Full View is off by as much as $40,000.
I can't see why Fidelity pays these clowns at Full View for years of incompetence.
(a) Even if one looks once a week or even just once a month, one shouldn't be forced to wait until late in the evening, the next Saturday, to do so;
(b) Without a lot of trial and error, one does not know which times are the "safe" times to look at the information
But even Portfolio is kinda random and often later than it needs to be.
Merrill's My Financial Picture otoh is invariably accurate and timely, so it can be done. On a good day it's within a few cents of the Fido Portfolio, due to rounding differences, as msf has explicated prior.
All v weird.
Yes, I check too often.
FWIW, I pay estimated taxes based on last year's taxes as the most safe harbor. Ceteris paribus I get the same refund each year. So if as you said, my refund went down this year, my taxes must have gone up.
Reflexive pronouns.
https://data.grammarbook.com/blog/pronouns/reflexive-pronouns-2/
To keep this on subject ... for @heritage972: Fidelity doesn't pay outside clowns for this. Most aggregators work with Yodlee. Fidelity bought eMoney a few years ago, and that's the screen scraper it is using.
To @davidrmoran 's point - my impression is that once the figures are gathered from the outside sources, different sites may use different software to organize and present the data. (Though T. Rowe Price's looks like Fidelity's old system, so they may both have been using the same or similar Yodlee presentation software.) That could account for timing differences as well as different appearances.
Personally, after Fidelity spending a year(?) getting out the bugs, I'm finding its system a bit more reliable than Yodlee at pulling the data, though neither one is perfect.
Envestnet acquired Yodlee about the same time as Fidelity acquired eMoney.
bulletproof in my experience.
I guess you woulda mentioned if you had or could.
This may come as something of a surprise since you obviously believe that the sun, moon, and planets revolve around you, but whatever you may think that you "bat" is totally unimportant and uninteresting to me, and also a fair number of others here.
From time to time over the years we unfortunately acquire a real jerk here on MFO. At the moment, you are filling that position nicely.
A few months ago I tried out a small number of aggregators including MyFinancialPicture. A nuisance for me to set up, given the fair number of financial institutions I use (e.g. internet bank, Treasury Direct, individual fund families for grandfathered accounts, HSA, etc.). So I'm disinclined to start another trial.
A couple of months ago, one of the aggregators caused my local bank to auto-call me at midnight, or 3, or 5 in the morning. Every couple of nights. I really didn't care which one it was, I just shut down all of them.
Not worth my effort (and sleep) to try that again.