Quicken Mac 2018 - support for T Rowe Price?
I use Quicken windows and would love to move to the Mac, my one show stopper is lack of support for T Rowe Price mutual funds - Mac 2017 only supports T Rowe Price Brokerage, Quicken Windows supports Brokerage and Mutual Funds.
On Windows, if you "Add" a new Brokerage account, you see for T Rowe Price two entries - "T Rowe Price" and "T Rowe Price Brokerage". The first one is all the mutual funds. On the Mac, under Add Investments/Brokerage account, there is just "T Rowe Price Brokerage" with no access to mutual funds. Can anyone confirm what is supported in Mac 2018, I will buy if it supports my mutual funds! Thanks!
On Windows, if you "Add" a new Brokerage account, you see for T Rowe Price two entries - "T Rowe Price" and "T Rowe Price Brokerage". The first one is all the mutual funds. On the Mac, under Add Investments/Brokerage account, there is just "T Rowe Price Brokerage" with no access to mutual funds. Can anyone confirm what is supported in Mac 2018, I will buy if it supports my mutual funds! Thanks!
0
This discussion has been closed.

Comments
Could you transfer the funds into an actual TRP brokerage account? Maybe there's a downside to doing that?
But, I have a question for you: when you say on the Windows side that it finds your mutual funds, does it keep them all in a single account, or does it create a new account for every MF held? Some people were asking about the latter behavior, and some of us were scratching our heads as to why they would create a different account for each. So, I am curious if this because of how some FIs handle things. If so, I wouldn't like that.
As John said, I would find having them separated into individual accounts very annoying. It results in proliferation of accounts in the sidebar and more difficulty in seeing the combined value or transactions of that group of holdings.
BTW, in the case of a single account holding multiple funds, you can easily see just the transactions in a single fund using the search box in the register. You can also see the values for each fund by grouping the portfolio by security.
I select Direct Connect (the only option available), enter my id and password, wait, then Quicken returns with a message that "Quicken cannot communicate with T. Rowe Price Brokerage" with a submessage saying "The specified account number does not correspond to one of the user's account". I am trying to add a new account/connection. I know the id/pwd are correct because if I put in an erroneous password, Quicken gives me a different message (about have a wrong id or password). :<
Bottom line... both acknowledged that TRP's account numbering system is incompatible with Quicken for Mac (I.e., each TRP mutual fund held has a separate account number, instead of one account number, holding multiple mutual funds). I never pursued why TRP had worked well with Quicken for Windows.
I came across this post because I am researching Quicken for Mac 2018. I am disappointed that the TRP issue has apparently not been corrected. Quicken was waiting for TRP to change their account numbering system, and TRP is saying it is very big job [expensive] to do so. Not being a programmer, I am not sure how hard it is for Quicken to write the code to accept the TRP account numbering scheme. I guess if I opt to upgrade to 2018, I'll have to continue manually entering TRP transactions.
QM18 added support for what it calls Single Mutual Fund accounts. I think what that refers to is the TRP situation. My understanding is that QWindows has had SMF support for a while. Here are the relevant release notes:
5.1.0:
- NEW Improved support for Single Mutual Fund (SMF) and 401k/403b accounts.
5.3.2:- FIXED Found an issue when turning off the Single Mutual Fund feature in an account where there are linked transfers. We'll be temporarily blocking the ability to turn off the feature as we work on a permanent fix.
How you enable this feature, I don't know. And also don't know why it's not working for TRP.Quicken® PC
You can download any of your mutual fund, brokerage, 401(k)*, or 403(b)* account information into the three most current versions using direct connections.
Quicken® Mac*401(k) and 403(b) accounts require the Deluxe® or Premiere® version of Quicken®.
Only T. Rowe Price brokerage accounts are supported in the Macintosh versions of Quicken. Using the Direct Connect method, brokerage account information may be imported via Quicken for Mac 2015 or Quicken Essentials for Mac.