A quick guide to understanding your data sources
To build your Net Worth Tracker, Allio needs to connect to your financial accounts. Here's how that works and where your data comes from.
Connecting Your Accounts
When you link your first bank account to fund your portfolio, we use a secure service called Plaid to establish the connection. Plaid is the same technology used by major financial apps and banks to safely access account information.
Once connected, our system will automatically sync your:
Account balances
Transaction history
Account details and types
How Your Data Stays Current
After your initial connection, Allio will sync new transactions and updated balances from your linked accounts. This means your Net Worth Tracker refreshes automatically, so manual updates are not needed on your end.
What Shows Up in Your Tracker
Your Net Worth Tracker uses data from all connected accounts to calculate your complete financial picture:
Assets like checking accounts, savings accounts, investment accounts, and retirement accounts will show as positive values.
Liabilities like credit cards, loans, and mortgages will show as negative values that reduce your overall net worth.
All your transactions across connected accounts help track spending patterns and account for money movement between accounts.
About Data Security
We never store your actual login credentials. Plaid uses bank-level encryption to securely connect to your accounts, and all your financial data is protected according to industry standards.
If you notice any discrepancies in your Net Worth Tracker or have questions about your connected accounts, you can reach out to our support team anytime from the main menu of the Allio app.