Frequently Asked Questions

Discover how Olomon creates financial clarity for you and your family. Plus, get answers to the most common questions about security, pricing, and getting started.

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What is Olomon and who is it for?

Olomon is a financial organization platform for modern wealth builders. It provides unprecedented visibility into both traditional and non-traditional assets, giving you total control of your finances in one secure dashboard. Olomon is designed for growth-minded individuals, families, entrepreneurs, and anyone building wealth who wants complete financial oversight, strategic legacy planning, and seamless collaboration with their financial team.

How is Olomon different from my bank or investment app?

Banks and investment apps only show individual accounts or portfolios. Olomon unites your disparate financial data across all institutions, providing full visibility into your complete financial picture. Unlike banking apps, Olomon includes traditional and alternative investments, real estate holdings, business entity tracking, document organization, and collaboration tools that help you build wealth strategically rather than managing accounts separately.

Is Olomon different from a budgeting tool?

Yes, Olomon is fundamentally different from budgeting apps like Mint or YNAB. Budgeting tools focus on tracking monthly income and expenses. Olomon is a wealth management platform that provides a real-time net worth statement, organizes estate planning documents, manages business entities, and enables secure collaboration with financial advisors and family members. Think budgeting tools for spending control, Olomon for comprehensive wealth organization.

Why can't I just use a spreadsheet for financial tracking?

Spreadsheets create scattered documents that require constant manual updates and become outdated quickly. They also lack security and can't integrate all your financial data in one place. Olomon unites your disparate financial data with automatic updates, enterprise-grade security, and collaboration tools. Instead of a static snapshot, you get a comprehensive financial data center that's always current and accessible.

What is a live Personal Financial Statement?

A live Personal Financial Statement shows your complete financial picture—assets, liabilities, and net worth—updated automatically in real-time from connected accounts. This comprehensive view enables better decision making, helps you spot wealth-building opportunities, and ensures your financial team and family always have access to accurate, current information when needed.

How secure is Olomon?

Olomon uses bank-level encryption (256-bit SSL) for all data transmission and storage. All connections to your financial institutions are read-only, meaning Olomon cannot move money or make transactions. You control access permissions down to individual documents and can grant, modify, or revoke advisor access instantly. Your data is protected with the same security standards used by major banks and financial institutions.

Do I need a financial advisor to use Olomon?

No, Olomon works perfectly for individuals building wealth independently. You can organize your financial data, track assets, and plan your legacy on your own. However, Olomon's collaboration features make it easy to unify your financial team by giving advisors, CPAs, attorneys, or family members secure, permission-based access to only the information relevant to their role.

Can I take over an Olomon account my advisor created?

Yes, you can transfer ownership of an Olomon account from your advisor to yourself. We verify your identity and relationship to the account, then transfer full control to you including all data, permissions, and settings. You can choose to maintain your advisor's access, adjust their permissions, or remove them entirely. The transfer process is secure and preserves all your financial history and documents.

Can I share my Olomon account with family members?

Yes, Olomon creates transparency for your entire family with customized access controls. You can share your complete financial picture with your spouse, provide specific information to adult children, or give family members clarity about legacy planning. Each person sees only what's relevant to them, and you maintain complete control over permissions and can modify access at any time.

What types of assets can I track in Olomon?

Olomon provides visibility into both traditional and non-traditional assets including bank accounts, investment portfolios, retirement accounts, real estate holdings, business equity, alternative investments, cryptocurrency, collectibles, intellectual property, loans, and credit lines. You can also organize related documents like deeds, insurance policies, and estate planning materials for each asset.

How does Olomon handle multiple business entities?

Olomon excels at managing complex business structures. Create separate profiles for each LLC, corporation, trust, or partnership. Track ownership percentages, link related bank accounts and assets, store governing documents and operating agreements, and view consolidated reports or entity-specific balance sheets. This makes tax preparation and business management significantly easier.

Does Olomon help with estate planning?

Yes, Olomon helps you organize your asset information, account details, and financial contacts for strategic legacy planning. Store wills, trusts, powers of attorney, and beneficiary designations with automatic updates when you modify assets. You'll give your family the gift of clarity when they need it most, leaving your loved ones with straightforward instructions and reducing the burden of financial confusion during life's transitions.

How do I connect my financial accounts to Olomon?

Connect accounts through secure, encrypted, read-only integrations with over 12,000 banks, brokerages, and credit providers. Simply search for your institution, enter your login credentials (which Olomon doesn't store), and your balances update automatically. For assets like collectibles or private investments, you can add values manually with optional automated updates.

Which financial institutions work with Olomon?

Olomon integrates with thousands of financial platforms including all major banks, brokerages, credit card companies, and loan servicers. When adding an account, search by institution name—if it appears, you can connect instantly. If your institution isn't listed, add account details manually and contact us to request integration. We're constantly expanding our integrations to power up your financial insight.

Does Olomon automatically update real estate and other asset values?

Yes, Olomon provides automated valuation updates for multiple asset types beyond bank accounts. Real estate properties receive monthly market-based value updates using comparable sales data. Cryptocurrency holdings get daily pricing updates even for cold storage wallets. We're continuously adding automated updates for more asset classes to minimize manual data entry while keeping your net worth statement accurate.

Is Olomon available on mobile devices?

Yes, Olomon works on desktop, tablet, and smartphones. Desktop offers the most comprehensive experience for organizing and managing your finances, while mobile is great for quick access when you're on the go.

What happens if I can't access my Olomon account?

Olomon includes Legacy Contact functionality for account recovery situations. If you can't log in or there's prolonged account inactivity, we follow a secure verification process to contact you and your designated Legacy Contacts. This ensures your critical financial information remains accessible to the right people when needed while maintaining strict security protocols.

How much does Olomon cost?

Olomon offers tiered pricing based on the number of entities, features, and collaboration needs. Plans are available for individuals, families, and organizations. Contact us for a personalized demo and pricing quote based on your specific requirements.

How do I get started with Olomon?

Olomon is designed to give you meaningful financial clarity in just 30 minutes. Start with your most important accounts and assets, then add more over time using our step-by-step approach. Connect your financial accounts for automatic updates, upload important documents, and invite key collaborators with appropriate permissions. The insight you gain on day one will blossom into a lifetime of financial confidence.

What financial confidence looks like

"Olomon doesn't just give me visibility into my finances—it creates transparency for my entire family. By sharing this financial picture with my wife, I've gained peace of mind knowing that if anything unexpected happens to me, my loved ones won't face the additional burden of financial confusion."

Levi Morehouse

Entrepreneur, Accountant, and Technologist

"I've built a team of experts to help grow my wealth. Before Olomon, my financial picture was fragmented, with each advisor seeing only their piece of the puzzle. Now, I can give everyone a comprehensive view of my financial landscape, empowering them to make recommendations based on the complete picture."

Bill Wellons

Entrepreneur & Leadership Consultant

"When my husband and I married, we brought together a diverse investment portfolio—stocks, real estate, tech investments, crypto, and more. We didn't just want to combine our assets; we wanted to build a financial partnership. Olomon gives us that shared financial foundation, allowing us to navigate our wealth-building journey together with total transparency."

Hannah Fleetwood

Strategic Partnerships & Operations

Data security you can trust

We believe your financial data belongs to you, not corporations. That's why we've built Olomon with enterprise-grade security and privacy controls that keep you—and only you—in charge of who sees what. Your information is always encrypted, completely secure, and never sold.

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