How to Link Your Accounts with Magnifi

Published by: Magnifi Support

•Mar 21, 2024

How to Link Your Accounts with Magnifi

What is "linking accounts"?

Linking external investment accounts is one of Magnifi's most popular features. This functionality enables Magnifi to provide investors with a comprehensive view of their finances, and enhance their investing journey with personalized insights and guidance.

"With this new account linking feature, we've opened up a whole new world for our customers that lets them put Magnifi's powerful AI to work for ALL their investments." - Magnifi Chief Operating Officer, Tom Van Horn.

Hear directly from Magnifi's Founder and CEO, Dr. Vinay Nair on how Magnifi is ushering in a new era of AI-driven investing with this feature.

Why link accounts?

If you have 401(k)s, IRAs, and accounts with various brokerages, then you know the pain of managing multiple accounts. Not only do you miss out on how your holdings work together, but it can also create pockets of risk.

Linking your investment accounts allows you to see ALL your investments in one place and enables you to get insights on your portfolio's health and performance.

Once you link your accounts, you can ask Magnifi things like:

How would a recession impact my portfolio?
What's the impact of adding NVDA to my portfolio?
Check my portfolio health
Do I have any single stock risk?

Examples of what investors can ask Magnifi after linking their accounts Click here to connect my accounts

While Magnifi's AI technology makes research quick, linking your accounts ensures results are personalized to you.

"try it now" button Click here to connect my accounts

What types of accounts can you link?

Magnifi investors can link their existing brokerage and retirement accounts (401(k)s, Roth IRAs, etc.) from over 200+ institutions, including major players like:

Robinhood
Charles Schwab
Fidelity
Vanguard
E*TRADE

As of March 2024, Schwab was the most popularly linked brokerage amongst Magnifi investors. (Explore more findings in our 2024 Q1 report).

Linked accounts

How secure is it to link accounts?

Magnifi is integrated with industry-leading technology partners like Plaid, Apex, and Okta to ensure your valuable financial data remains your own. Whether you’re buying and selling investments, transferring funds to and from your bank account, or just logging into the app, your experience is protected.

You'll retain total control over buying and selling investments within your existing institutions and use secure portals from your institution's preferred provider to log into each account as you're connecting them.

How to link accounts

3 step process showing how to link accounts Click here to connect my accounts

Watch the tutorial below for a more detailed guide.

"Try it now" button Click here to connect my accounts

Have additional questions? We're here to help: [email protected].