How much does it cost to build a portfolio app?

Standard price for a portfolio app: $37,500

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What is a portfolio app?

A portfolio app is a web or mobile application that enables users to store, manage, and display digital assets. Portfolio apps typically include interfaces for storing user-generated content (such as photos and videos), managing digital assets, sharing content with others, analyzing historical trends in asset value, importing data from other sources, and exporting data to other systems.

Portfolio management apps often share features with banking apps and stock trading apps. They can also share features with other financial apps like personal finance apps, investment apps, and retirement planning apps. Mint is a commonly used portfolio management app.

Here are some recent portfolio app examples built with Crowdbotics:

  • A web app for physicians. It will essentially be a digital business card with additional resources for different conditions. It is almost and linktree combined. Certain features will be available on a subscription basis.

What is the typical cost to build a portfolio app?

A portfolio app usually costs $37,500 to build. However, the total cost can be as low as $25,000 or as high as $50,000. A portfolio app with a low number of features (also known as a "minimum viable product", or MVP) will be more affordable than an app that includes all intended functionality.

For example, here are some recent portfolio app price quotes from Crowdbotics:

  • $12,500

Here are some considerations that may impact the cost of a app:

How long does it take to build a portfolio app?

A portfolio app usually takes 167 hours to build. However, a portfolio app can be built in as few as 133 hours, or in as many as 200 hours. The exact timeline mostly depends on how complicated your app is. As a general rule, it will take longer if you require highly custom designs, niche features, or non-standard release platforms.

For example, the most recent portfolio apps built with Crowdbotics received the following hourly estimates:

  • 167

How to successfully grow your portfolio application

A portfolio management app relies on the wisdom of the crowd to provide information about the performance of different assets, such as stocks. Portfolio management apps can use gamification strategies to engage users by rewarding them with points for performing certain activities, and they can offer advanced features in order to encourage users to become more engaged.

Risks and challenges of building a portfolio application

A portfolio management app faces a variety of risks related to the storage and handling of personal financial data. It is recommended that you leverage third-party API solutions to avoid the need for storage and processing of sensitive financial information. You will also want to ensure that you are compliant with all applicable regulations, such as SEC and FINRA requirements, which may apply to your app.

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Some of the descriptions on this page were completed with AI assistance. Learn more here.