Excessive account advisory fees exist when you are paying at least 10% higher than industry average for accounts of similar asset size.

An advisor who is not a fiduciary is not necessarily obligated to act on your behalf or to put your interests ahead of their own, as they do not have a duty to preserve good faith and trust. If an advisor is not a fiduciary, they are not legally or ethically bound to act in your best interests.

You may see better quality and quantity of data if you re-link this account though our recommended aggregator.

A big loser is the sale of a security that results in a loss of more than 20%.

We flag a fund or ETF when its 1-year return ranks in the bottom 25% of its category. That means most similar funds did better over the same period, which can signal higher costs, a strategy that isn’t working, or a mismatch with current market conditions. This alert helps you see which holdings may be dragging on results so you can decide whether to keep watching, compare lower-cost or stronger peers, or adjust your lineup.

A broken link is one that is no longer getting fresh data. Typically, the aggregator requires you to input your credentials to refresh the connection to your financial provider.

We highlight investment accounts with an average daily balance of more than $1000 in cash, earning no interest over the past 30 days—idle cash can lose a bit of ground to inflation and may slow your overall growth.

We detect when your checking account was charged more than 10 fees in the past 3 months. Fees can quietly chip away at your balance, so check what's driving them—out-of-network ATM use, overdrafts, paper statements, minimum-balance rules, or transfer limits. Small fixes like using in-network ATMs, turning on low-balance and fee alerts, keeping a small buffer, opting out of overdraft, switching to e-statements, setting up direct deposit to qualify for waivers, or moving to a low- or no-fee account can help you keep more of your money.

We detect when your checking account has gone into overdraft within the past 3 months. Overdrafts can add fees and occasional bumps like a declined bill, but spotting the pattern early helps you decide if small, easy changes—like a low-balance alert, a tiny buffer, a linked backup, or nudging a due date—could make day-to-day banking feel smoother and more predictable.

A closet sector investor holds more that 30% of their portfolio in a single sector.

A consistently underperforming account has returned, net of fees, less than a similarly allocated benchmark for nine months or more without interruption.

A consistently underperforming advisor has returned, net of fees, less than a similarly allocated benchmark for nine months or more without interruption.

A consistently underperforming group has returned, net of fees, less than a similarly allocated benchmark for nine months or more without interruption.

A consistently underperforming portfolio has returned, net of fees, less than a similarly allocated benchmark for nine months or more without interruption.

A consistently underperforming provider has returned, net of fees, less than a similarly allocated benchmark for nine months or more without interruption.

A drop in payout indicates a 10% reduction in the payout of dividends or interest in a 3-month period as compared to the prior 3-month period.

An early withdrawal from a qualified account occurs when we detect a withdrawal before age 59.5, since it would be subject to a penalty.

"Excess" cash in your managed account is when more than 10% is held in cash.

An excessive commission is one where you are charged 3% or more of the value of the trade. If your advisor is a fiduciary, s/he should always be operating in your best interests and this includes the fees and commissions associated with the services and/or the investments s/he selects for you.

We flag "micro holdings" when there are more than 10 holdings, each under 0.1% of your portfolio's market value. Tiny slices like these usually have little impact on performance but can add clutter, complicate rebalancing and tax reporting, and sometimes cost more to trade relative to their size (fees, wider bid–ask spreads, partial dividend reinvestments). Knowing where these micro-holdings are concentrated can help you decide whether consolidating into a few higher-impact positions could keep your portfolio simpler, clearer, and more effective.

Excessive realized losses are trading losses that are greater than 10% of an account's value in any 90-day period.

An excessive drawdown occurs when more than 75% of an account's value is drawn down over the course of last 3 months.

A portfolio is considered excessively high risk if the Sharpe ratio is less than 1.0. Certain factors can affect the Sharpe ratio. For instance, adding assets to a portfolio to better diversify it can increase the ratio. Investing in stocks with higher risk-adjusted returns can power the ratio upward. Investments with an abnormal distribution of returns can result in a flawed high ratio.

We flag fund expense ratio increases of more than 10% because even small hikes create an ongoing, often invisible drag on results. Fund expenses are taken out daily before returns are posted, so a higher expense ratio compounds against you over time, raises the hurdle the manager must clear to beat a benchmark, and—if it’s an index fund—means paying more for the same market exposure.

A bank with a low CRA (Community Reinvestment Act) rating may be an ethical red flag in your portfolio. It can signal that your bank or brokerage may not be investing in the local community, or is less likely to provide affordable credit and banking services to underserved communities. The CRA Index has four possible ratings: Outstanding, Satisfactory, Needs to Improve, and Substantial Noncompliance, the latter two of which trigger this finding.

We will raise a finding if any mutual fund or ETF in your portfolio holds more than 20% of its assets in bonds that have been rated below Baa3 from Moody's, or below BBB from S&P Global. These bonds are considered to be lower quality (sometimes referred to as "junk") and have an increased risk of defaulting or not paying their interest payments to investors.

We will raise a finding if any bond in your portfolio has been rated below Baa3 by Moody's, or below BBB from S&P Global. These bonds are considered to be lower quality (sometimes referred to as "junk") and have an increased risk of defaulting or not paying their interest payments to investors.

We found that you have held a highly leveraged product for more than 3 days. These types of products are meant for very short-term trades—think minutes, maybe hours—not for holding overnight. Because they’re so highly leveraged, even tiny market moves can wipe out the entire position. Holding one for longer than intended can lead to major losses, especially if there’s any unexpected volatility or a price gap while the market’s closed. This holding is being flagged to highlight the serious risk involved and to suggest reviewing this position to make sure it lines up with the your goals and risk tolerance.

A fee trap occurs when you hold mutual funds or ETFs that are ranked among the top 10% most expensive in the industry. These funds carry high fees that can significantly reduce your overall returns over time. It’s important to regularly review your portfolio to ensure you’re not holding investments with excessive fees compared to other, more cost-effective options.

Investing directly in foreign or international stocks come with certain risks, including the impact of currency movements, political conflicts, and weaker accounting standards.

If your credit card balance is higher than it was 3, 6, and 9 months ago, we'll flag it as a trend signal. A steady climb can mean interest is starting to stack up and more of each payment goes to finance charges rather than lowering what you owe. Seeing the pattern early makes it easier to decide whether your current payment plan still fits, and to make small adjustments before costs build.

A hidden investment concentration exists when the same investment appears in more than 3 accounts or mutual funds and accounts for more than 5% of your portfolio.

Paying fees that are more than 1.5% of your overall assets under management (AUM) are considered to be high, relative to your portfolio's size.

Holding more than 20% of a portfolio in penny or over-the-counter (OTC) stocks priced below $5 per share, is considered to be a high concentration. Penny stocks can be far riskier than stocks of more established companies and may be susceptible to manipulation.

A high-priced fund is a mutual fund or ETF that is in the top 10% of the most expensive in its class.

We highlight when more than 80% of your assets are held at one provider. Centralizing can be convenient, but knowing this concentration helps you weigh simplicity against flexibility, access, and protection.

High turnover exists when 50% or more of your account holdings have been replaced in the last 12 months.

An imminent bond maturity date means you have one or more bonds that will mature in the next 90 days and you will have funds available to reinvest at potentially lower rates.

Large foreign exposure occurs when more than 30% of the portfolio is invested in securities from countries outside the United States and its territories.

All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them. We consider 10 or more disclosures in the last 5 years to be a large number.

A large withdrawal is a single transaction that is greater than 20% of the overall account value. For smaller accounts, that may not be a concern, but for a high-value account, we want you to be aware in the event of possible fraud.

If we detect a checking account with an average daily balance below $100 over the last 30 days, we'll flag it for your review. Persistently low balances can increase the risk of overdrafts, returned payments, and fees, and may indicate that deposit timing isn't aligned with upcoming bills. This alert is designed to help you review cash flow and keep day-to-day banking running smoothly.

A low-transparency provider is one that we've rated as having 2 stars or less. We develop these ratings based upon the amount and quality of the data we receive from aggregators. We expect providers to share at least 24 months of history and complete, accurate data concerning your balances, holdings and transactions.

A low-yielding money market fund is one with a 7-day average yield that is not ranked in the top 25% of all money market funds.

If your savings account earned less than the national average rate last month, we will flag it for your review. We calculate your account’s daily returns and compare them with the national average return rate for savings accounts. Even small rate differences add up, so knowing how your current rate stacks up can help you decide whether your existing account is still the right fit for you.

If more than 5% of your direct equity holdings sit in very small companies (under about $300 million in market value), we’ll flag it as a micro-cap concentration. Smaller stocks can be more volatile, harder to trade (wider bid-ask spreads, lower volume), and more sensitive to company-specific news, which can make results bumpier. Seeing this helps you understand how much of your equity risk is tied to thinly traded names and whether that mix still fits your comfort level.

A missed relationship opportunity exists when the AUM fee for a single account is more than 10% greater than the portfolio-wide average AUM fee. Paying more for one account may indicate overcharging.

We expect to find an advisor linked to an account charging advisory fees. Link your advisor today!

A missing cost basis occurs when your provider doesn't report the price that you originally paid for a holding (the cost basis), making it difficult to determine the position's value (gain or loss) at any given point in time.

We don't see a mortgage payment posted in the last 33 days. Sometimes this is just a timing issue—like a shifted due date or bank processing delay—but it can also indicate a missed cycle, which may lead to late fees and, if 30+ days past due, potential credit impact. Use this alert to confirm your next due date, check autopay or payment method details, and contact your servicer if a payment should have posted.

A one-day price correction occurs when a holding dropped in price by more than 20% on any single day in the last 30-day period.

A one-month price correction occurs when a holding dropped in price by more than 50% over 30 days in the last 90-day period.

A one-week price correction occurs when a holding dropped in price by more than 33.3% over 7 days in the last 30-day period.

A penny stock trade is a purchase or sale of a stock, trading for less than $1 per share, that exceeds 10% of the overall account value.

Fees paid on your total assets are more than 33% higher than the industry average for a portfolio of similar size.

A position with a significant loss is one that is currently valued at less than 50% of what you paid for it.

"Churning" is the illegal and unethical practice by a broker of excessively trading assets in a client's account in order to generate commissions. We alert you when there are more than 10 commissioned trades per month for 3 of last 6 months for account that you've linked to an advisor.

Reverse churning occurs when a financial advisor does little or nothing with your account but still charges you a fee based on the assets under management. We alert you when we detect a fee, but no trading activity in the last year.

We flag target-date fund "plus extras" because these funds are built to be an all-in-one solution: they already bundle U.S. and international stocks, bonds, and cash and automatically rebalance along a glide path. Adding more funds on top can duplicate the same holdings, quietly raising risk above what the target-date fund intends and overriding its age-based glide path. It can also increase fees by paying multiple expense ratios for similar exposure and create hidden concentrations.

A potential wash is a transaction in which an investor sells or trades a security at a loss and purchases a similar one within 30 days.

If preferred stocks make up 20% or more of your direct equity holdings, we'll flag it as a concentration. Preferred stocks can behave differently from common stocks—often acting more like income-focused hybrids with interest-rate sensitivity and less upside participation—so a large slice can tilt your equity mix toward bond-like risk, reduce diversification, and make returns more sensitive to rate moves and issuer credit. Knowing this helps you see whether that balance still matches your goals and comfort level.

Civil court bonds, also known as Judicial Court bonds, serve as financial guarantees that certain obligations will be fulfilled as ordered by the court. These bonds are typically required by the court in civil litigation cases to protect the interests of plaintiffs, defendants, and other stakeholders involved in legal disputes.

Civil judgment disclosures are reports about any civil cases for which a judgment was issued, including the ruling and any sanctions, fines or penalties, regarding your advisor. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Criminal disclosures are reports about any criminal charges lodged against your advisor. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Customer complaint disclosures are reports of any customer disputes your advisor may experience, and the outcome, when available. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Termination disclosures are reports of advisor termination from a particular firm. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Financial disclosures are reports about any sort of financial activity, for example, a bankruptcy or lien, associated with your advisor. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Investigation disclosures are reports about any work to discover activities and events which may or may not prove to result in a judgment involving your advisor. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Judgment disclosures are reports about any judgments that have been issued, including any sanctions, fines or penalties, concerning your advisor. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

A 'recent' fund manager change is when there is a change in fund managers in the last 90 days.

Regulatory disclosures report specific events, including findings of violations of securities laws, that are associated with your advisor. All registered financial advisors are required to disclose to you any formal regulatory actions, arbitrations and complaints made against them.

Investors under age 70 are generally expected to maintain at least one linked retirement account. We flag it when no retirement accounts are linked, as it may indicate an opportunity to review your retirement savings setup and ensure your long-term goals remain on track.

A risky trade is a purchase or sale of a stock, trading below $5 per share, that exceeds 10% of the overall account value.

We detect when you've taken more out of savings than you've put in over the past 12 months. Savings work best when they steadily grow into a safety net.

If we identify more than 3 withdrawals of 20% or more from savings within the past 3 months, we'll flag it for your review. Frequent, high-dollar withdrawals can reduce your reserve and increase vulnerability to unexpected costs; recognizing the pattern early supports planning for upcoming expenses and maintaining a healthy buffer.

Short term A-shares trades are sales of funds with front-end sales charges that were held for less than a year.

A significant accruing tax liability exists when there are cumulative taxable distributions over $100,000 from taxable accounts for the current calendar year.

If more than 20% of your individual bond holdings come from the same company or municipality, we’ll flag it as a concentration check. Leaning too heavily on a single issuer can make results bumpier if that issuer faces a downgrade or other setbacks, so this alert helps you see how much of your fixed-income risk may be tied to one name.

We highlight when more than 40% of your spending in the last year went to lifestyle categories like travel, dining, or entertainment. Enjoying those experiences is great—this simply helps you check that essentials, savings, and any debt payoff still have enough room.

At times, the holdings information passed to Truthifi by your financial provider can become stale (more than 3 days old). When this happens, Truthifi is unable to process your data accurately, which can impact calculations of account balances and performance, so we'll raise a finding and recommend that you "update" the link to refresh your data.

A stock price risk finding occurs when a company performs a reverse stock split in the last 90 days to boost its stock price by decreasing the number of shares available in the market. A reverse stock split has no immediate effect on the company’s value, as its market capitalization remains the same after it’s executed. However, it often leads to a drop in the stock’s market price, as investors see it as a sign of financial weakness. Companies often pursue this strategy to prevent a stock from being de-listed or to improve a company’s image and visibility.

Tax hostages are individual holdings in your portfolio that have increased 2 times the value of what you originally paid, and if sold could have a negative tax impact.

Funds or ETFs that hold more than 5% of their assets in municipal bonds already have a built-in tax advantage, so there's less of a benefit to hold them in a tax-deferred account such as an IRA or 401k.

We detect when your top five equity holdings—counting both individual stocks you hold directly and the stocks held inside your mutual funds and ETFs—make up more than 40% of your total portfolio. When a small set of companies drives that much of your exposure, performance can be bumpier, a single stock or sector setback can have an outsized effect, and you’re more exposed to company-specific events like earnings surprises, dividend changes, or leadership shifts. It can also limit diversification across industries and regions and leave you vulnerable if one does poorly.

We review each fund or ETF to see how its recent performance compares within its category. If it falls in the middle range — specifically, the second or third quartile — we surface it as a heads-up. This doesn’t mean the fund is “bad”—just that, compared with similar funds over the same period, it hasn’t been a top or bottom performer. Knowing this helps you prioritize which holdings to revisit, compare costs and peers, and decide whether the fund still fits your strategy.

*May need to include a blurb about how we compile the classes and performance rankings

An underperforming account has returned, net of fees, 10% less than the performance of a similarly allocated benchmark over the last 12-month period.

An underperforming advisor has returned, net of fees, 10% less than the performance of a similarly allocated benchmark over the last 12-month period.

An underperforming group has returned, net of fees, 10% less than the performance of a similarly allocated benchmark over the last 12-month period.

"Alpha" - the investment alpha tells you how well an account, or group of accounts, is performing, net of advisory fees and relative to a similarly allocated benchmark

An underperforming portfolio has returned, net of fees, 10% less than the performance of a similarly allocated benchmark over the last 12-month period.

An underperforming provider has returned, net of fees, 10% less than the performance of a similarly allocated benchmark over the last 12-month period.

"Alpha" - the investment alpha tells you how well an account, or group of accounts, is performing, net of advisory fees and relative to a similarly allocated benchmark

Uninvested distributions are a build-up interest or dividends in a low, or no, yield cash position.

'Unmet exchange listing requirements' means that a listed security has not met or maintained a set of strict financial and regulatory criteria required by primary stock exchanges such as the NYSE or NASDAQ. This often signals financial distress and could result in the security being delisted from the exchange.

An untapped loss or "aging loser" exists when we detect a position that is valued at or below 66.70% of the cost basis for more than 9 months.