Robinhood Brokerage Account Missing Cash Holding in the Portfolio (edited)

rmquick25

I would like to request that Robinhood Brokerage accounts show the split of crypto, stocks and cash separately so I can track a savings goal against the cash in Robinhood and exclude the stock.

If I click on Robinhood investments it shows the market value of the stocks, so the information is already there. It just needs to be properly displayed on the accounts page with a separate line for cash.

Coach Natalie

@rmquick25, thanks for posting this issue to the Community!

Having worked with you prior on the bogus CMA account that gets added through the Robinhood API, I'm a little confused about this post. To clarify, we don't have any control over how the bank sends in the accounts. The issue with the bogus CMA account is that it included cash; however, the Investment Account that gets added also includes cash in the Accounts List balance, causing an incorrect net worth. The solution for that is to manually remove the CMA account while our engineering team works with our service provider and Robinhood to remove that account from the API entirely.

With that, the remaining issue in Quicken Simplifi is that although the Accounts List balance for the Investment Account is correct in that it includes cash, going to the Portfolio View for that account does not show a cash holding, and therefore has an incorrect Market Value. This is what I can escalate for — would having a cash holding in the Portfolio View resolve your situation?

Let us know!

rmquick25

My last post was closed so reposting to answer @coachnatalie. Yes this is what I would like to escalate. I would like to see a dash balance witching the Robinhood account split.

Original Post Below:

“I would like to request that Robinhood Brokerage accounts show the split of crypto, stocks and cash separately so I can track a savings goal against the cash in Robinhood and exclude the stock.

If I click on Robinhood investments it shows the market value of the stocks, so the information is already there. It just needs to be properly displayed on the accounts page with a separate line for cash.

@rmquick25, thanks for posting this issue to the Community!

Having worked with you prior on the bogus CMA account that gets added through the Robinhood API, I'm a little confused about this post. To clarify, we don't have any control over how the bank sends in the accounts. The issue with the bogus CMA account is that it included cash; however, the Investment Account that gets added also includes cash in the Accounts List balance, causing an incorrect net worth. The solution for that is to manually remove the CMA account while our engineering team works with our service provider and Robinhood to remove that account from the API entirely.

With that, the remaining issue in Quicken Simplifi is that although the Accounts List balance for the Investment Account is correct in that it includes cash, going to the Portfolio View for that account does not show a cash holding, and therefore has an incorrect Market Value. This is what I can escalate for — would having a cash holding in the Portfolio View resolve your situation?

Let us know

Coach Natalie

@rmquick25, thanks for getting back to me!

I have escalated the issue of cash holdings missing from the Investments Portfolio for Robinhood Brokerage accounts, causing an incorrect Market Value. I will post back here with updates as they become available!

CTP-13794

rmquick25

@Coach Natalie any update?

Coach Kristina

Thank you for the follow-up,

I checked the status of the ticket. I can see it's still in work. There are no new updates currently.

Thank you!

(CTP-13794)

Coach Natalie

@rmquick25, this issue should now be resolved! I personally now have a cash holding and a correct Market Value in the Portfolio View —

Thanks!

rmquick25

Hi

while this is a useful feature I was hoping to get this feature added in the mobile app under the brokerage section, showing a separate cash amount.

Coach Natalie

@rmquick25, thanks for the reply!

To clarify, what was implemented in this thread was a bug fix, not a new feature. Now that the Robinhood Brokerage connection is working correctly and Quicken Simplifi displays cash holdings as expected, you can move forward with any feature requests or related ideas. I hope this makes sense.

With that, I see the cash holding in my Robinhood Brokerage account on the Quicken Simplifi Mobile App as well —

I also see that I'm now able to use that cash value to contribute to a Savings Goal from the account —

Are you looking to have the cash holding show as its own individual account, or something along those lines? If so, I would definitely recommend adding some detail to your feature request so the Community and our product team have a clear picture of what you're looking for.

https://community.simplifimoney.com/discussion/998/creating-and-voting-for-ideas-in-the-community

I hope this helps to clarify!