Albert

What Albert is

Albert is a mobile financial management service for budgeting and handling financial tasks, with an AI-powered assistant called Genius. Its budgeting tools categorize transactions, track spending and cash flow, and identify recurring bills and subscriptions. Users can link bank accounts, credit cards, loans, and investment accounts; Albert says it supports thousands of financial institutions. Connections use Plaid, and unsupported institutions may require manual account entry. Genius can create plans and help carry out tasks such as transfers and investment transactions after the user reviews and approves them. Albert also lists scheduled transfers and interest on savings. The company says information is encrypted in transit through Plaid and that it does not store bank passwords. Eligible Cash and Savings funds may be FDIC insured up to $250,000 through partner banks, subject to conditions. Investment accounts have SIPC protection against broker-dealer failure, but that does not protect against investment losses. Albert says it is not a bank and that partner banks provide banking services. It is available on Android, iOS, and the web. Monthly plans are Standard at $19.99 a month, and Family and Genius at $39.99 a month. A 30-day trial is available; there is no free plan.