What’s the Difference Between the Covet Dashboard and the Vault?
Covet is designed to give you a complete, accurate picture of your total wealth — not just what sits in bank or brokerage accounts. Two core areas of the platform work together to make that possible: the Covet Dashboard and the Vault. While they are closely connected, each serves a distinct purpose and delivers unique value. Understanding how they work — individually and together — helps you get the most out of Covet.
The Covet Dashboard: Your Wealth Overview
What it is:
The Covet Dashboard is the high-level, dynamic view of your total net worth. It aggregates value data from everything you’ve added to Covet — financial accounts, real estate, personal property, vehicles, digital assets, and more — and presents it in a clear, easy-to-understand summary.
What the Dashboard does:
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Calculates your total net wealth across all asset types
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Shows changes in value over time, including week-over-week and long-term trends
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Combines traditional financial accounts and non-financial assets into one view
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Highlights insights you can’t see in “banks-and-funds-only” apps
Primary value:
The Dashboard answers the question:
“How is my total wealth doing right now?”
It’s ideal for:
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Monitoring overall financial health
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Understanding how non-financial assets impact net worth
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Spotting trends and changes without digging into details
The Vault: Your Source of Truth
What it is:
The Vault is where the detailed information behind your wealth lives. It securely stores the assets, documents, photos, descriptions, ownership details, and beneficiary information that power everything you see on the Dashboard.
What the Vault does:
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Houses your full asset inventory (financial and personal property)
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Stores documents like wills, insurance policies, and titles
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Captures photos, descriptions, and provenance for valuable items
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Records ownership, titling, and beneficiary information
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Keeps your estate data organized and up to date
Primary value:
The Vault answers the question:
“What exactly do I own, and how is it structured?”
It’s essential for:
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Estate planning and estate administration
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Insurance documentation and claims
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Loss recovery
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Providing clarity for executors, heirs, and advisors
How the Dashboard and Vault Work Together
The Dashboard and the Vault are not separate systems — they are two views of the same underlying data.
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The Vault is the foundation: you enter assets, upload documents, and provide details.
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The Dashboard is the outcome: it transforms that detailed information into real-time wealth insights.
If an asset isn’t in the Vault, it won’t appear on the Dashboard.
If the Vault data is updated, the Dashboard reflects that change automatically.
Together, they ensure your wealth picture is both:
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Comprehensive (nothing important is missing)
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Accurate (values are based on real assets you actually own)
What They Have in Common
Both the Dashboard and the Vault:
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Are part of the same secure Covet platform
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Use the same underlying asset data
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Support tracking financial and non-financial assets
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Contribute to estate planning, wealth clarity, and insightful decision making
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Are continuously updated as your life, assets and markets change
Dashboard vs. Vault: At a Glance
| Feature | Covet Dashboard | Covet Vault |
|---|---|---|
| Purpose | High-level wealth overview | Detailed asset & document storage |
| Focus | Net worth & trends | Ownership, documentation & structure |
| Best for | Monitoring total wealth | Estate planning & asset management |
| Level of detail | Summary | Deep, item-level detail |
| Powers the other? | Uses Vault data | Feeds Dashboard insights |
Why Covet Uses Both
Most financial tools focus only on where your money is. Covet goes further by showing:
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What you own
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What it’s worth
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How it’s documented
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Who it’s for
The Vault ensures nothing important is overlooked.
The Dashboard ensures you always understand the big picture.
Together, they give you a more complete, more accurate view of your total wealth — today and into the future.
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Covet does not provide any legal, investment, accounting, financial, and/or tax advice. The Covet site includes access to software and self-help materials, which are not substitutes for the advice of an attorney, financial advisor and/or accountant.