This page is designed to help you find out whether Luum Wealth is good and if it is the right choice for you.
Luum is a portfolio tracking and analysis tool for Canadian and US investors who hold accounts at more than one brokerage. It connects read-only to Wealthsimple, Questrade, TD Direct Investing, BMO InvestorLine, Interactive Brokers, Fidelity, Schwab, Vanguard, E*Trade and Robinhood, imports CSV exports from other brokerages, and brings TFSA, RRSP, FHSA, 401(k), IRA, Roth IRA, HSA and taxable accounts into one view, in Canadian or US dollars.
Returns are shown time-weighted and money-weighted, with a benchmark alongside. Holdings are measured against target allocations the user sets, with drift shown per asset class and a what-if simulator for the trades that would move a portfolio back toward target. For Canadian filers it pools adjusted cost base across every account that holds the same security, applies return of capital from tax slips, and keeps the trade-level record behind each figure.
Luum is not a broker, holds no money, places no trades and gives no investment advice. It computes tax figures for the user or their accountant to verify, and does not file anything. A free tier covers one portfolio with CSV import. Paid plans add brokerage connections.
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Read-only brokerage sync
Connects to Canadian brokerages through SnapTrade and syncs positions and transactions automatically. Credentials never touch Luum, and there is no order path anywhere in the product.
Every account in one view
TFSA, RRSP, FHSA, RESP and taxable accounts across every institution, blended into one picture and converted to a single currency.
CSV and spreadsheet import
Bring holdings or transaction history from any broker. A column mapper handles unknown formats, and every import previews before it writes.
Contribution-matched benchmarks
Compares your portfolio against an index, the risk-free rate or your own target allocation, funded with your real contributions on the dates you made them.
Time-weighted and money-weighted returns
Both are computed and labelled, so you can see what your decisions earned and what the timing of your deposits did.
Targets and drift
Set targets by asset class, region, sector and single security. Luum measures the gap between your plan and your real portfolio and flags positions outside their tolerance band.
Rebalance simulator
Computes the what-if trades that would move you back toward target. You place any trades yourself, at your brokerage.
ETF look-through
Sees through your ETFs to the companies they hold, so two funds holding the same names cannot hide a concentration. Includes MER analysis.
Adjusted cost base record
Average-cost ACB pooled per taxpayer across accounts and brokerages, through partial sales, year after year. Possible superficial losses are flagged, never applied.
Tax Centre
Capital gains report in T5008 style, plus TFSA, RRSP and FHSA contribution room. Computes and exports, never files.
Ticker Scores
Five nightly-updated scores (Risk, Value, Quality, Momentum, Dividend) for every stock and ETF you hold.
AI that explains your numbers
Plain-English analysis of your own portfolio, grounded in your data. Educational only, never a stock tip.
What moved your returns
The holdings that added and subtracted the most over any period, as a list or as a map sized by gain or by value.
Retirement planner
Starts from your TFSA, RRSP and non-registered balances, adds CPP and OAS from the ages you choose, and saves scenarios to compare.
Screener and price alerts
Screen stocks by sector, size and dividend with preset screens, and get an alert when a price you set is crossed.
Dividend and earnings calendar
Upcoming dividends and earnings dates across your holdings.
Net worth tracker
Manual assets and liabilities (real estate, vehicles, crypto, mortgages) alongside your investments.
Canadian and US markets
TSX and US exchanges, CAD and USD multi-currency, with FX converted per transaction date.
Data stored in Canada
Read-only by construction, encrypted, stored in Canada. Luum operators cannot see your financial data.
Free plan, no card
Starter is free forever with one portfolio, core performance and allocation analytics, a watchlist and the Market Intelligence feed.
Next.js App Router with React and Tailwind CSS for the web app, and marketing site. Clerk for authentication, Stripe for billing, SnapTrade for read-only brokerage connections, and the Bank of Canada Valet, Statistics Canada and US Federal Reserve H.10 feeds for rates, inflation and FX. AI features run on Anthropic's Claude API. Hosted on AWS.
Luum is a portfolio analytics and tax-record layer for Canadian retail investors. It connects read-only to your brokerages and brings TFSA, RRSP, FHSA and non-registered accounts held at different institutions into one view, converted to one currency. Four things set it apart. It looks through your ETFs to the companies they hold, so two funds holding the same names cannot hide a concentration. It measures your portfolio against the index and against the plan you set, funded with your real contributions on the dates you made them, because a percentage return flatters you when you have been adding money into a rising market. It tracks drift from targets you set by asset class, region, sector and security, and computes the what-if trades that would move you back toward target; you place any trade yourself, at your brokerage. And it keeps an adjusted cost base pooled per taxpayer across every account and brokerage, through years of partial sales, which is a number no single brokerage can compute. Luum is not a broker, not a custodian, not a registered adviser and not tax-filing software: it holds no money, has no order path, makes no recommendations and files nothing. Your data is stored in Canada and analysis is educational only.
Choose Luum when the job is analysing your investment accounts against the targets you set, across every brokerage at once. Against an aggregator like Wealthica, Luum is narrower and deeper: investment analysis and a tax record rather than a dashboard of every account you own. Against Passiv, Luum measures and never places a trade. Against Sharesight, Luum is Canada-first: registered-account context, CAD and USD converted per transaction date, and ACB pooled across institutions. Against Greenline, your data arrives through read-only brokerage sync instead of manual entry. Against Wealthfolio, Luum is hosted and done for you rather than local and self-maintained. Against a spreadsheet, it is the record that does not go quietly wrong. The Starter plan is free forever with no credit card required. Luum's own comparison pages state the case where each of those tools is the better choice, so you can decide on the job you need done rather than on a ranking.
Self-directed Canadian retail investors who hold more than one account, usually across more than one institution: a TFSA at one brokerage, an RRSP at another, a taxable account somewhere else, often with holdings in both Canadian and US dollars. They have a plan they want to measure themselves against and a cost base they need to get right for the CRA, and no single login shows them the whole picture. Luum is available in Canada and covers Canadian and US exchanges. US account types and USD billing are built but not offered yet.
The founder is a retail investor with accounts scattered across banks, brokerages and account types: a TFSA here, an RRSP there, a taxable account somewhere else. They wanted two things at once, a close-up view of every holding and a wide view of how it all added up against the plan they had set for themselves, and could not find a tool that did both without spreadsheet gymnastics. So they built one: a master Google Sheet, maintained by hand for years, recording every trade, every dividend and every new account. It worked, if working means hours of manual entry never recovered. Eventually they stopped patching the sheet and built the app instead, and have run their own portfolio through it for the past year. Luum is the tool they wanted: read-only connections to their accounts instead of copy-pasting statements, a defined strategy instead of a gut feeling, and no advice, ever. If they needed it, other investors juggling multiple accounts probably do too. (Luum publishes this under the byline "Founder, Luum Wealth" and does not use a legal name.)
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