Add support for Robinhood IRA

AlaskanWind

Robinhood [IRA] is listed under the unsupported, not the blocked list, so is there any reason it can't be added? Other aggregators have it.

Coach Kristina

Hello @AlaskanWind,

To better assist with this request, please provide the login URL (web address) you use when logging into your Robinhood IRA account directly.

Thank you!

AlaskanWind

The retirement IRAs use the same login as the brokerage accounts, which are currently supported: https://robinhood.com/login/

Thank you

Coach Natalie

@AlaskanWind, thanks for confirming!

We went ahead and turned this into an Idea post requesting Robinhood IRA accounts. Since these account types not being supported is most likely on the bank's end, I'm not sure what we'll be able to do from our end, but this Idea post will at least allow us to keep you and other users updated on any news if/when it becomes available.

It is also possible that migrating to Robinhood's OAuth API may come with support for this account type, so fingers crossed! The bank migration updates can be tracked here.

I hope this helps!

-Coach Natalie

Karim Benbourenane

I am also having this same problem. You will see a lot more folks complaining about this due to Robinhood's 3% unlimited match for any IRA transfers until the end of April. A lot of money is going to be migrating to Robinhood to take advantage of this deal.

I used to only have a regular brokerage account with Robinhood, which does indeed show up correctly. But my traditional IRA and Roth IRA both will not appear when I reset the connection or delete the account and attempt to re-add it. These accounts are a significant portion of my assets and it's very frustrating to not be able to track them with Simplifi. Just wanted to chime in to add support for wanting this feature implemented soon.

Thanks @Coach Natalie for addressing the issue with a response.

Karim Benbourenane

I'd like to add that other services can correctly sync these IRA accounts in Robinhood though I do not know how theyre doing it. For example, Fidelity Full View is able to show all account types from Robinhood in their finance tracker. I know that when connecting accounts, it first redirected me to Robinhood, where I logged in, and then redirected back to Fidelity. I think this may be their Oauth layer? Anyway, just wanted to add a datapoint to let it be known that it is definitely possible and being done right now in many finance tracker apps.

It's a bit of a disappointment to not have this resolved though I understand you are all working on the problem diligently so I am happy to be patient so long as it gets resolved some time soon. For now I have to use competing services which I really don't like, just in order to correctly track net worth values.

Rupe

I moved from Mint to Simplifi and was impressed with the data export / import process. I have also been impressed with the reliability of the connections to the financial institutions I use.

I moved my IRA to Robinhood and was very disappointed to find Simplifi does not support IRA accounts at Robinhood. I am currently unable to accurately track my net worth at Simplifi. @Coach Natalie both Empower (Personal Capital) and Fidelity Full View connect to Robinhood IRA accounts, so this is not a Robinhood issue. Is there a timeline for a fix?

Matt Y

Yes, please make this happen.

Dubstings

please support this

Karim Benbourenane

In the meantime, for users that really need to include their Robinhood IRA shares, I suggest you add the account manually and then add each additional holding manually with symbol name and quantity. Simplifi will look up the symbol market values for you automatically and keep track of it as it fluctuates. So long as you're not trading often, this is an acceptable workaround for now. For me, I only make trades once every month so its not terrible, for those of you who trade frequently my approach will be of little use.

bp19988

I appreciate most of the experience with Quicken Simplifi, but I am also adding to the thread that Robinhood IRAs would be a super helpful integration. Also, really appreciate this community homepage. With that said, I have a couple of concerns and comments to point out to point out, as a fellow fintech PM, with much respect.

Bug 1: Robinhood IRA accounts do not automatically track in Quicken Simplifi even after integrating Robinhood and reconnecting the Robinhood integration.
My main reason for using Quicken Simplifi is to aggregate my accounts easily, so fast integrations are a core portion of the offering.

Additionally, I do think that you'll find a large crossover between those that track their money, and those that took advantage of Robinhood's limited time match policy.

Last note, which I'd suggest (if you don't already do this), but when thinking about what integrations to set up, triaging by what sees the most net positive cashflow.

Bug 2: Mentions do not work as intended
First off, I'm sure you all had a lovely debate on whether to nest the comments, and I'm at least pretty sure you decided on @ mentions to help alleviate some of the build complexity and still retain some ability for persistent conversation. Still, when I try to @ mention another commenter, it shows the image below.

What I expect: As a user, I expect to see a list of the users who left comments within the relevant thread

What I see: I see an unordered list not pertaining to anything relevant to this thread

Happy to hop on a call to provide in-depth user feedback if helpful. Thanks.

rogerh

Adding my request for Simplifi to support Robinhood traditional IRA as well as Roth IRA accounts.

tbo45

What's also frustrating is if you use the "workaround" and manually add the accounts and holdings, the account value on the dashboard doesn't update in sync with the manual account holdings or when you click on the account, which doesn't make sense to me at all.

Coach Natalie

@tbo45, it sounds like you may need some troubleshooting. If you'd like to do so, please create a separate post to outline the issue you're seeing so we can assist you.

https://community.simplifimoney.com/discussion/8/how-to-post-to-the-community

Thanks!

-Coach Natalie

Katthanna

I don't know if this will help anyone, but I saw somewhere if you have special characters in your password, some connections don't work.

I changed my password to something longer but without special characters and first shot it downloaded every Robinhood account, including my ROTH IRA, into Simplify. Hope this helps someone!

Coach Natalie

Hey everyone!

With the migration to Robinhood's OAuth API connection, can you all post back and let us know if this new connection allows you to add your IRA account?

Fingers crossed!!

-Coach Natalie

tbo45

Can confirm my IRA accounts are now live and connected!

Matt Y

How do I try this? Remove the Robinhood account and start over?

Coach Natalie

@Matt Y, you should be automatically prompted to migrate your accounts. Otherwise, you can force the migration by following these steps:

1. Make your existing Robinhood account(s) manual by following the steps here.
2. Once you see the account(s) listed in the Manual Accounts section under Settings > Accounts, go back through the Add Account flow to reconnect to the bank.
3. If the connection is successful, carefully link the account(s) found to your existing Quicken Simplifi account(s) by following the steps here. At this point, you should also (hopefully) be able to add the IRA account.

Let us know how it goes!

-Coach Natalie

Matt Y

Thanks. It didn’t happen automatically, but the change was easy and linking was done during account add.