No. of Recommendations: 2
Cake is a service that aggregates all your investment account information in one place, and calculates several performance metrics (return, risk, overall asset allocation, etc.) on your entire portfolio. Thus, it does require the log-in information for your accounts. People who use personal finance software such as Quicken, Microsoft Money, and Mint.com provide the same type of information, so it's not unusual.

That said, I certainly understand the security concerns. Cake has a page that explains its security measures: https://www.cakefinancial.com/help/security. For what it's worth, there are some folks here at Fool HQ who know Cake's founder and think pretty highly of him.

Best,
Robert
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