Comparison

Vault compared with account aggregators

An aggregator connects to your accounts and updates itself. Vault connects to nothing and asks you to state what you own. The trade is real: aggregators cost you a bank connection and a business model, and cannot see illiquid assets. Vault costs you a few minutes a month and sees everything.

Vault compared with account aggregators
 VaultA typical aggregator
Bank connectionNever requestedRequired for the product to work
Assets it cannot seeNone — anything you can describeAnything without a connector
Who pays for itYou, by subscriptionOften advertisers or advisor referrals
What the server can readCiphertext, identifiers, datesBalances and usually transactions
Multi-currency consolidationBuilt in, any currencyVaries, often home-market first
Private companies, look-throughYes, including nestedRare
Property with its mortgageYes, as a loan with eventsSometimes, as a flat value
Financial-independence projectionFirst-class, with Monte CarloUsually a side calculator
Export without frictionBackup and CSV, alwaysVaries
Upkeep per monthA few minutesClose to none

When an aggregator is the better choice

If everything you own sits in two domestic accounts and you want zero upkeep, an aggregator will serve you better and Vault will feel like work. That is a real answer to a real situation, and pretending otherwise would not make Vault the right tool for it.