Sneak Peek #1 of Stock + Pro v4

Great news investors!  Today we have our very first sneak peak of Stock + Pro version 4.0.

By far, the biggest focus of this major update is the complete redesign of the portfolio feature introduced in v3.  We are basically ripping all of the old guts out and building what we originally wanted to from the get-go.  That means:

  1. Multiple, independent portfolios
  2. Line-by-line transactions
  3. Brokerage syncing/importing

Before getting into the above three items any further, here is a screenshot from one of our development Macs.

Click on the image to see it full sized.

Multiple, Independent Portfolios

In real life you probably have multiple portfolios with multiple brokerages.  You might have a 401K or 403B with your employer, and a self guided IRA and taxable account with your favorite financial institute.  Then there are 529’s and that fun play account that you use just for what-ifs.

Version 4 takes the power of multiple watchlists already present in v3 and expands that into a new sidebar item.  In the above screenshot, you can see the Watchlists that you know and use everyday for monitoring the markets, but now in v4 there is a new list of sidebar items dedicated solely to Portfolios.  Just like with Watchlists, you can create as many as you need/want to help you best organize and categorize your data.  Each portfolio can be given its own name and icon to make it easy to recognize at a glance.

Line-by-line transactions

In order to accurately report Cost Basis and personal performance, it is necessary to know the details of when and how many shares where acquired or sold over time.  With the new Transactions Tab in v4, you can now Add, Edit, and Delete transactions.  There are a multitude of features that can springboard from having a complete transaction history for all of your accounts in one place.  Perhaps, the one that we are most looking forward to develop in v4.x will be the addition of Loss/Gain Harvesting Optimal Notices.  The gist of the feature would be that the app scans your transaction history and identifies potential tax savings.  Right now, you generally have to do that manually, so we feel that this is something that we can add a lot of value for users.

Brokerage Syncing

This is a huge undertaking and will likely be a continuing work in progress.  For v4.0 our goal is to have transaction syncing working with the biggest 5 USA brokerages.  As of today, we have Vanguard supported and tested.  Others may be supported, but we have not tested.  Syncing is a huge advantage because investment transaction history can be hundreds or even thousands of line items long.  While users can enter in transactions manually into the app, we strongly feel that if we can automate part of that process, it is in everyone’s best interest.  As we progress further along with development we will be opening up a Beta pool to have testers come in and give us feedback on different brokerages syncing capability with the app.

What’s Next?

We will be publishing more sneak peeks as development progresses.  We do not have a hard timeline for when v4 will be released to the general public.

Thanks for reading,

The Chimp Studios Team

17 Comments

  1. Jason Shurb

    Please look out for our Troops overseas and include the USAA API for Brokerage syncing, they have invented most of the technologies used in modern banking (deposit by scan, deposit by UPS store, deposit by iPhone, first with Apple Pay). They have a huge tech department looking to deploy the latest in technology that can work with you in any problems you have connecting with their system.

    • Thank you for your service. We are supporting OFX downloads/imports which is a popular format used by over 4,000 banks and investment companies around the world. One of the challenges that we foresee is that often times, financial institutes will arbitrarily limit the amount of transaction history that can be downloaded to a couple of months to a few years. So while OFX will be nice for keeping an account up-to-date, we will likely need to develop a CSV importer to handle initial account setup within the app.

  2. Frank Miller

    What would be REALLY great would be to have a “notes” column vs. the text area at the bottom of the “Details” sidebar.

  3. Neil Rowlands

    Hey folks,

    Great app, and loving how simple and powerful v3 is. As an international customer can I make a feature request to include the ability to search by universal ISIN codes please?

    With many thanks.

    • The app does not handle banking, such as Savings and Checking accounts. Indian stocks and funds covered by Yahoo or Google Finance are also covered by the app.

  7. Mark

    I love the app, and v4 looks better, but I have a problem with v3. Will there be any more bug fixes on V3 while V4 is in the works? I bought V3, but can’t use for my purposes due to a bug introduced in February. I’d take a working v4 as a fix, though I’d be disappointed to have to pay even for upgrade after having bought v3 and having it be useless for me.

  8. Owen

    Hi Can you give a time estimate for when V.4 will be available?
    Can you give any information about the multiple portfolios functionality – can portfolios be ‘copied’ so that different holdings (ie no. of shares) in the same stocks can be repeated with ease / without rekeying as much data as possible?

    Is there a beta test program for v.4?

    • We don’t try and guess when software will be ready. It’ll be available when it meets our expectations.

      In regards to duplicating portfolios, we have not finalized the feature set for v4.0 but if something does not make v4.0 it will likely be seen in a v4.x release.

      Yes, there will be a beta test program available. We will make a separate announcement when that test pool opens.

  9. Julian

    Will there be a companion iOS app for the iPad and iPhone similar to what used to be the case with Portfolio Mobile that synced from mac to iPhone/iPad?

    many thanks
    julian

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