Magnifi User Reviews

What users say

Top reviews

Purchased Premium but still showing free

I purchased premium access a few days ago, but the app is still only granting me free access. Sad, I felt there was a lot of potential.

Got the bugs fixed

Got it linked with fidelity and the CTO reached out and apologized for it not working. Cool app

Clunky, ineffective, dated

Could just talk to Claude. This app sucks, would not continue using. Not comfortable connecting my accounts. If I could short an app this would be top of the list. Good idea, horrible execution.

Buggy, So I Couldn’t Use

I tried to link it with my fidelity account and it did not work. I tried relinking, quitting the app and relinking, it says the acct is expired.

Circular update messages

I don't know why I continue to get the Update Required message after just updating 2 seconds ago in the App Store, which has the Open app icon, when clicked it takes me back to the Update Required screen. It is still the same when I try the website, instead of the app

Also, I would like to be able to review all accounts so I am not a fan that my Ally account is not included in my performance or I need to enter it manually
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Needs a lot of work

Good at giving an overall view of multiple accounts
and news about certain investments is ok. However, the responses are extremely slow and sometimes there is no response at all. It cannot rebalance a virtual portfolio, cannot recognize ETFs or mutual funds for what sectors they represent, and seems to forget the topic mid conversation. Just following the review thread, you can even see that the “developer responses” are canned ai nonsense.
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Response from developer

Hey, Shawn. Thanks for taking the time to leave us a review, and sorry your experience to this point hasn't been ideal. I've passed your feedback along to our product team. They're focused on speeding up the system and improving security analysis. Per your comments, I've also made a note to push for more virtual portfolio capabilities in upcoming releases.

Good start but has room to grow

I like that I can connect to my portfolios in different brokerages. I like that it explains my investments. It allows me to be more connected to my investments. However, the information is really nothing new and life changing.

The system is very slow. Slow to scroll and slow to answer. Slow to create virtual portfolio and sometimes errors out.

When I am looking at AI. I don’t want AI to just explain my portfolios. I looking for AI recommendations of stocks, IPO stocks or market recommendations. More specific alerts
And recommendations. Otherwise, AI is basically confirming what I already knew.

More specific alerts on a stock I am interested in or show me stocks that I may have missed based on my risk tolerance.
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Response from developer

Hi mikeng, Thank you for your feedback. We’d like to learn more about your experience and help resolve any issues. Please contact our support team at support@magnifi.com so we can discuss this further.

Definitely Useless

Doesn’t connect to most of my accounts, and if it does, the information is useless and doesn’t provide any major assistance other than what I can just do on my own.

Works great

I love the portfolio alerts

Very helpful especially in these uncertain financial times!

Being able to ask questions about my holdings without having to know how to analyze investments is great! I'm excited to see how they improve the AI going forward to make it even easier to use.

Works well for me.

Great app as a co-pilot to me investing needs

Useful

This app has been really good. It is well made with few problems, and has helped me a lot.

Just Comically Inept

I love a cool AI application. This ain’t it. I asked it for my historical under performers, and got an answer. Great. “Any others?” Same answer. “No, other than ___, any under performers?” Same answer. Okay, I’ll stick the prepared prompts. “Sorry, that’s not within my capabilities.” What?!? I selected from your prepared prompts by pressing a button. Pretty rough design. Terrible performance. Already canceled my subscription and delete my account.
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Clunky

Seems super slow, continuously gives me errors. I have to do things multiple times to get it to work like the watch list. Had to cancel the ap then go on a PC re register to my accounts to link. And when I did that was an unorganized mess. Not really impressed with anything yet.

Waste of money

Waste of money. Better off just using chat gpt. Only got it because of the Amex offer

Useless.

I can’t connect to my brokerage account, since it’s not supported. There’s no way to add my assets manually - when asking the AI for instructions on how to *use the app*, after it told me that “adding assets manually *is possible*”, it gave, “I’m sorry I have technical difficulties fetching that data”. Also the “AI” is more like a GPT3 chatbot: Very limited range of answers.
I practically never write reviews… But This App Is Trash.
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Response from developer

Hi elletronyx, thanks for your interest in Magnifi. Please email us at support@magnifi.com so we can help you to get the most out of Magnifi

Cant log in

I signed up but i cant log in

Unable to connect financials

I have tried for 2 days to connect my vanguard and fidelity accounts. Continue getting error messages that say I need to try outside of certain time frames. Which I have. Still error messages. Highly recommend the free trial in case users experience the same problems.

Nothing great to say here

Don’t waste your time and money!

Work in Progress

I wish it was compatible with Principal Financial. I wish it would give me a breakdown of my portfolio distributing the index fund into actual holdings but it only does this for individual stocks