Ask questions about your wealth using local AI or MCP
‘Which assets contribute most to my income?’ ‘Where is my wealth concentrated?’ My Wealth can help you explore these questions using the data in your file, with an optional local AI assistant on Windows.
You can also connect a compatible external tool through the desktop MCP server. These two approaches have separate permissions; neither is required to use the application's usual views.
Install My Wealth to use the local assistant · Check model requirements
1. Start with a question your data can answer
The assistant uses the open wealth file. Here are examples of requests and results to examine:
| Your question | What you want to obtain |
|---|---|
| Which assets generate my passive income? | A summary of contributors recorded in the document |
| What is my allocation by currency or owner? | An allocation overview based on the entered data |
| What explains recent changes? | An explanation based on the available change log |
| How is my goal progressing? | An overview of its target, scope and assumptions |
Answers vary with the model, data and permissions. You can compare them with the application's views. If rates, income or history are missing, AI cannot replace them with invented information that is reliable.
2. Choose between the built-in assistant and an MCP client
| How you work | Suitable approach |
|---|---|
| Ask questions within My Wealth with local processing | Built-in assistant on Windows and a compatible installed model |
| Use your own assistant or integration | Desktop MCP server and compatible external client |
| View figures and charts without AI | My Wealth views, without installing a model or enabling MCP |
The MCP server exposes authorised functions for the open wealth file. It can be used for reading or preparing an action, depending on the rights you choose. The MCP guide explains client connections and permissions.
3. What needs to be installed to use local AI?
Install My Wealth, then choose a model in its local AI settings. Models are downloaded separately; their sizes and hardware requirements vary.
The application offers profiles and a recommendation for your computer. Available memory and graphics acceleration affect usability: no single speed is guaranteed for every configuration.
The catalogue is available without a Live licence. Once the model is installed, inference runs locally. For profiles, memory targets and advanced engine settings, see the local AI assistant guide.
4. Which data stays local?
With the built-in assistant, the model processes the conversation on your computer. This feature does not send your wealth to a remote AI provider to generate its answer.
With MCP, the My Wealth server listens locally, but the chosen client may use a remote service. Information received by that client may then be sent to that service. To keep its processing on your machine too, choose a client that operates locally.
This choice complements managing wealth in a local file; check it before granting access.
5. Keep control over changes
Read and write permissions are separate. The built-in assistant and external MCP clients do not automatically share their permissions.
The assistant can prepare a new item or change when you request it and permissions allow it. My Wealth's business rules and confirmations still apply. Check values, scope and consequences before accepting a write operation.
To prepare an update from a statement or image, follow the dedicated smart import process.
For an MCP integration, choose the version for your computer, then open the MCP connection guide. To explore answer quality and limitations, see the local model comparison.