How Verdemar works, and what people ask before they start.

Yes. That is one of the reasons Verdemar exists. A private fund holding carries its commitment, how much has been called, how much remains uncalled, distributions, DPI and TVPI, and the resulting J-curve.

Capital calls, distribution notices and capital account statements can all go through the document reader. A statement is checked against what you have already recorded, and only what is missing is proposed.

Yes, including the part most tools get wrong. What you pay for a gilt is not the quoted price times the quantity: it is the clean price plus the interest accrued since the last coupon. Verdemar records the dirty consideration you actually paid, so the holding does not start life mis-stated and the accrued interest is not silently lost.

The gilt universe itself comes from the DMO, refreshed daily, so coupons and redemption dates are the real ones rather than something you typed in.

Stocks and shares ISAs, Lifetime ISAs and Junior ISAs; SIPPs, Junior SIPPs and workplace pensions; general investment accounts; and cash and savings accounts. Anything held outside a wrapper (a property, a private fund, a loan) sits in an account of its own.

Each wrapper carries its UK tax treatment. An ISA is tax-free. A pension cannot be reached before pension access age, and is taxed as income when you draw it, apart from the tax-free lump sum. A general account is subject to capital gains tax and dividend tax. That is what lets Verdemar show what you would keep after tax.

Wrappers and their tax treatment are available to UK residents.

Anyone can use Verdemar. Recording, valuation, returns, exposure, projections and reports work wherever you live.

Account wrappers and after-tax figures are available to UK residents, because they depend on UK tax rules. England, Wales and Northern Ireland, and Scotland, are set up separately, because their income tax rates differ.

Currency is a different question, and the answer there is broad: your holdings can be denominated in any of about 155 currencies, and you choose which one everything is displayed in. Conversions use real historical rates for the actual date in question. If we do not have a genuine rate for a date we need one, the app says so and declines to proceed rather than quietly substituting today's rate or 1:1. A wrong exchange rate is indistinguishable from a wrong return, and this is a system of record.

As an internal rate of return (IRR): the rate of return that accounts for every amount you put in and took out, on the dates you did it. It is money-weighted, so it reflects when your money went in as well as what it did once it was there.

Many trackers show a time-weighted return instead. That removes the effect of when money arrived, which is the right way to judge a fund manager, who does not choose when clients invest, and the wrong way to judge your own result, because you did choose.

Each return is split into capital growth, income and currency, so you can see how much of a year was the dollar, and it can be broken down by asset class, currency, tax jurisdiction, account or portfolio. Periods of up to a year show what that period made; five-year returns, and returns since you started once they cover more than a year, are shown as an annual rate.

With your own money. Verdemar takes every amount you put in and took out, on the same dates, and puts it into or takes it out of the index you choose. The benchmark line on the Returns chart is what that money would be worth, and Time reports calculate its IRR beside yours.

That is what makes the comparison fair. Setting a published index return beside your own compares money invested on day one with money that arrived in instalments, and the difference in timing alone can make either one look better.

The UK's, for UK residents. Verdemar applies capital gains tax, dividend tax and income tax on pension withdrawals, along with the capital gains annual exempt amount, the dividend allowance and the personal savings allowance, at the rates for your tax band. England, Wales and Northern Ireland, and Scotland, are set up separately.

Pension access age and the tax-free lump sum are taken into account when Verdemar works out what you could reach and what you would keep. The rates are held as data and refreshed for each tax year.

Good enough to plan with, not good enough to file. They are illustrative: we calculate them to the best of our ability so you can see what would survive the tax on the way out, wrapper by wrapper. They are not a tax return, they are not tax advice, and they may be incomplete or wrong.

Have them checked by someone qualified before you rely on them.

By looking inside each fund. For a fund, Verdemar uses its published breakdown by region and sector; where a fund does not publish one, the split is estimated by AI from the fund's name and identifier. The model sees nothing about you or your holdings. Shares, property, private investments and cash are classified from the holding itself.

The pieces are then added together by what each holding is worth, so a technology share you own directly and the technology inside a world tracker count towards the same total.

Verdemar starts from what you hold today and grows it forward at the growth and inflation assumptions you set, with suggested defaults to start from. Income is drawn before anything is sold, loans follow their real terms, and with tax charges switched on, capital gains tax and dividend tax are charged as they fall due.

The central line sits inside a band showing a range around it, and the top axis shows your age. Save as many named scenarios as you like, include or exclude your home and its mortgage, and read everything in today's money if you prefer. Projections are illustrative and depend entirely on the assumptions.

From your own holdings and your own trading. Verdemar takes what you hold in each wrapper and what you bought and sold over the last year, and applies each platform's published fee schedule: platform fees, dealing charges and currency conversion. It shows what you pay now, in pounds and as a percentage, and what each major UK platform would charge for the same holdings.

It also works out the cheapest split across two platforms, which can cost less than any single one. Stamp duty and other charges that would be the same wherever you held your investments are left out, because they do not change the comparison. Exit and transfer fees are not included.

Not yet. Today you add your history once: mostly through the AI document reader (which turns contract notes, capital calls, distribution notices and statements into entries for you to approve), or by CSV, or by hand. After that, prices, dividends, splits, gilt coupons, rent and loan interest arrive on their own.

Two things are coming: emailing documents straight into Verdemar, and automatic connections to the UK brokers that allow them. Getting your data in explains all of it.

An evening, for most people. It is the one genuine cost of using Verdemar and we would rather say so than discover it for you.

Contract notes, capital calls, distribution notices and statements can be uploaded up to ten at a time and read automatically: it proposes the entries, you approve them. Bulk history comes in by CSV, validated row by row before anything is committed.

It is read by Google's Gemini, which turns it into draft entries for you to check. Nothing it proposes is committed until you accept it.

Be clear about what that means: unlike the models we use to classify a fund, which see a name and an identifier and nothing else, the document reader receives the whole file, including whatever name, account number and balances are printed on it. We are on Google's paid tier, so those documents are not used to train its models; Google keeps them for up to 55 days to detect abuse of its service, and its staff may read them only if our account is flagged.

If you accept the entries a document suggested, we keep the original for 12 months so you can go back to it, then delete it, and sooner for the oldest ones if your account holds more than 50 MB of them. If you reject the entries, it is deleted straight away. If you close the window without deciding, it is kept for no more than 90 days. Documents we cannot import are not kept at all. Originals are stored privately, and only ever readable through a link we create for you that expires after an hour. The privacy policy says the same thing, so it is a commitment you can hold us to rather than a habit we could quietly drop.

Your database is in Frankfurt. The app itself runs in London. Both are covered by UK and EU data protection law.

We do not sell your data, we do not advertise to you, and there are no analytics or advertising trackers in the app. We are not a broker or a custodian: we never hold, move, or have access to your money.

The only third parties who see anything are the suppliers who run the service, and the privacy policy names every one of them and what each receives. Two are worth knowing about up front. When we estimate how a fund splits across sector and geography, the model sees the fund's name and identifier and nothing else: not you, not your holdings. When you upload a statement to the document reader, Google's Gemini reads the whole document, including whatever name, account number and balances are printed on it; we are on the paid tier, so those documents are not used to train its models.

Ask us to delete your account and your financial data goes; backups roll off within 30 days. You can also demand a copy, a correction, or an export at any time. It is free, and we aim to answer within 30 days.

Yes, whenever you want, in formats that read back in: a backup you take today will restore into Verdemar tomorrow. This is not an export that produces a decorative PDF you cannot do anything with.

It keeps working after you stop paying. And if you close your account, the complete backup is emailed to you as part of closing it, because deletion here is immediate and there is no thirty-day grace period in which we quietly keep a copy of your financial history after you have asked us to erase it.

You keep full read access to everything, permanently, and you can export or back up the lot at any time. Only adding and editing stops.

Your records are yours. We do not hold them hostage to get you to resubscribe.

You get notice and a way to export everything first. That is written into the terms rather than left to our good intentions at the time.

It is worth saying that the export path is not a special going-out-of-business feature we would have to build under pressure; it is the same backup you can take any day of the week, in the same format.

£12 a month, and that is the only plan. Two ISAs and three pensions cost the same as one of each.

Your first month is free and no card is needed to start. Cancel whenever you like.

See pricing for what is included, and for who it does and does not suit.

No. Verdemar describes what you own and what it has done. It does not recommend, it does not screen, and it does not tell you what to buy or sell. Reports and reconciliations are not a tax return and are not tax advice.