Quick Overview
- 1#1: RightCapital - Cloud-based financial planning software that enables advisors to build interactive, goal-oriented plans with scenario modeling and client portals.
- 2#2: eMoney Advisor - Comprehensive wealth management platform offering holistic financial planning, account aggregation, and advanced analytics for advisors and clients.
- 3#3: MoneyGuidePro - Established goal-based financial planning tool that helps advisors create customized strategies with probability analysis and retirement projections.
- 4#4: ProjectionLab - Interactive financial planning software focused on visualizing long-term scenarios, cash flows, and personalized retirement strategies for clients.
- 5#5: NewRetirement - DIY financial planning platform providing detailed retirement, investment, and Social Security optimization tools for individuals.
- 6#6: Snap Projections - Cash flow-based financial planning software with scenario testing, tax projections, and collaborative client reporting for advisors.
- 7#7: Holistiplan - Tax-sensitive financial planning tool that integrates tax alpha strategies with Monte Carlo simulations and goal tracking.
- 8#8: Advyzon - All-in-one advisor platform including financial planning, portfolio management, billing, and client CRM features.
- 9#9: Empower - Personal finance dashboard with free retirement planning tools, investment tracking, and advisor matching services.
- 10#10: YNAB - Zero-based budgeting software that supports proactive financial planning through goal setting and real-time transaction tracking.
These tools were rigorously assessed based on key metrics: robust feature sets (including scenario modeling and tax integration), user experience, and overall value, ensuring they cater to diverse needs from simple budgeting to holistic wealth management.
Comparison Table
Choosing the right financial plan software can shape your financial strategy, and this comparison table simplifies the process by exploring tools like RightCapital, eMoney Advisor, MoneyGuidePro, ProjectionLab, NewRetirement, and more. Readers will gain insights into key features, strengths, and ideal use cases to identify software that aligns with their planning needs and preferences, making it easier to select the best fit for personal or professional goals.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | RightCapital Cloud-based financial planning software that enables advisors to build interactive, goal-oriented plans with scenario modeling and client portals. | specialized | 9.6/10 | 9.8/10 | 9.7/10 | 9.3/10 |
| 2 | eMoney Advisor Comprehensive wealth management platform offering holistic financial planning, account aggregation, and advanced analytics for advisors and clients. | enterprise | 9.3/10 | 9.6/10 | 8.4/10 | 8.7/10 |
| 3 | MoneyGuidePro Established goal-based financial planning tool that helps advisors create customized strategies with probability analysis and retirement projections. | enterprise | 8.7/10 | 9.5/10 | 7.8/10 | 8.2/10 |
| 4 | ProjectionLab Interactive financial planning software focused on visualizing long-term scenarios, cash flows, and personalized retirement strategies for clients. | specialized | 8.6/10 | 9.2/10 | 8.4/10 | 8.2/10 |
| 5 | NewRetirement DIY financial planning platform providing detailed retirement, investment, and Social Security optimization tools for individuals. | specialized | 8.4/10 | 8.7/10 | 9.2/10 | 9.0/10 |
| 6 | Snap Projections Cash flow-based financial planning software with scenario testing, tax projections, and collaborative client reporting for advisors. | specialized | 8.1/10 | 8.0/10 | 9.2/10 | 7.8/10 |
| 7 | Holistiplan Tax-sensitive financial planning tool that integrates tax alpha strategies with Monte Carlo simulations and goal tracking. | specialized | 8.4/10 | 8.8/10 | 8.2/10 | 8.0/10 |
| 8 | Advyzon All-in-one advisor platform including financial planning, portfolio management, billing, and client CRM features. | enterprise | 8.2/10 | 8.5/10 | 7.8/10 | 8.0/10 |
| 9 | Empower Personal finance dashboard with free retirement planning tools, investment tracking, and advisor matching services. | specialized | 8.4/10 | 8.7/10 | 8.2/10 | 9.2/10 |
| 10 | YNAB Zero-based budgeting software that supports proactive financial planning through goal setting and real-time transaction tracking. | specialized | 8.2/10 | 8.5/10 | 7.5/10 | 7.8/10 |
Cloud-based financial planning software that enables advisors to build interactive, goal-oriented plans with scenario modeling and client portals.
Comprehensive wealth management platform offering holistic financial planning, account aggregation, and advanced analytics for advisors and clients.
Established goal-based financial planning tool that helps advisors create customized strategies with probability analysis and retirement projections.
Interactive financial planning software focused on visualizing long-term scenarios, cash flows, and personalized retirement strategies for clients.
DIY financial planning platform providing detailed retirement, investment, and Social Security optimization tools for individuals.
Cash flow-based financial planning software with scenario testing, tax projections, and collaborative client reporting for advisors.
Tax-sensitive financial planning tool that integrates tax alpha strategies with Monte Carlo simulations and goal tracking.
All-in-one advisor platform including financial planning, portfolio management, billing, and client CRM features.
Personal finance dashboard with free retirement planning tools, investment tracking, and advisor matching services.
Zero-based budgeting software that supports proactive financial planning through goal setting and real-time transaction tracking.
RightCapital
specializedCloud-based financial planning software that enables advisors to build interactive, goal-oriented plans with scenario modeling and client portals.
The Decumulator engine, which provides precise, cash-flow-driven retirement spending projections accounting for market volatility and longevity risks.
RightCapital is a leading cloud-based financial planning software tailored for financial advisors, enabling the creation of dynamic, interactive financial plans that cover retirement, tax strategies, Social Security optimization, and estate planning. It features advanced Monte Carlo simulations, real-time 'what-if' scenario modeling, and a client portal for seamless collaboration and engagement. The platform integrates deeply with CRMs, custodians, and accounting tools, making it a comprehensive solution for holistic wealth management.
Pros
- Intuitive, modern interface with drag-and-drop plan building
- Powerful analytics including Monte Carlo, tax optimizer, and decumulation modeling
- Excellent client engagement tools like interactive portals and mobile access
Cons
- Premium pricing may be steep for solo advisors
- Steep initial learning curve for advanced customizations
- Primarily optimized for US markets with limited international support
Best For
Mid-sized to large advisory firms seeking a client-centric, feature-rich platform for comprehensive financial planning.
Pricing
Starts at $150/user/month (billed annually), with tiered plans up to enterprise levels including unlimited clients and advanced support.
eMoney Advisor
enterpriseComprehensive wealth management platform offering holistic financial planning, account aggregation, and advanced analytics for advisors and clients.
Household Decision Center for interactive, real-time financial scenario exploration
eMoney Advisor is a leading financial planning software platform tailored for wealth management advisors, offering household-centric planning with real-time data aggregation from over 14,000 sources. It enables dynamic scenario modeling, cash flow analysis, and goal-based planning through interactive tools like the Decision Center. The platform also includes client portals for self-service plan reviews and seamless integrations with CRMs and custodians, making it a powerhouse for client engagement and advisory workflows.
Pros
- Comprehensive household-level cash flow and goal planning
- Real-time data aggregation and scenario modeling
- Robust client portal for enhanced engagement
Cons
- High cost prohibitive for solo advisors
- Steep learning curve for new users
- Customization options can feel limited
Best For
Mid-to-large financial advisory firms seeking advanced, data-integrated planning for high-net-worth clients.
Pricing
Custom quote-based pricing, typically $5,000–$15,000+ per advisor annually based on assets under management and features.
MoneyGuidePro
enterpriseEstablished goal-based financial planning tool that helps advisors create customized strategies with probability analysis and retirement projections.
Dynamic Success Score that visually quantifies plan viability and adjusts in real-time with scenario changes
MoneyGuidePro is a leading financial planning software platform designed primarily for financial advisors to develop comprehensive, goal-based financial plans for clients. It excels in retirement projections, risk analysis, and scenario modeling using Monte Carlo simulations to illustrate probabilities of success. The tool emphasizes visual, interactive planning to enhance client engagement and advisor-client discussions.
Pros
- Powerful Monte Carlo simulations and scenario analysis
- Extensive CRM and custodian integrations
- Customizable visual reports for client presentations
Cons
- Steep learning curve for new users
- High enterprise-level pricing
- Less emphasis on self-service client portals
Best For
Established financial advisors serving high-net-worth clients who require advanced, advisor-led planning tools.
Pricing
Enterprise subscription model, typically $3,000-$6,000 per advisor annually, with volume discounts for firms.
ProjectionLab
specializedInteractive financial planning software focused on visualizing long-term scenarios, cash flows, and personalized retirement strategies for clients.
Real-time interactive Monte Carlo engine that simulates thousands of market scenarios with visual probability cones
ProjectionLab is a sophisticated financial planning software tailored for advisors and DIY investors, enabling detailed cash flow projections, retirement scenarios, and long-term financial modeling. It excels in Monte Carlo simulations to assess plan success probabilities under various market conditions, incorporating taxes, Social Security, investments, and life events. The platform provides interactive visualizations and a client portal for sharing dynamic plans.
Pros
- Advanced Monte Carlo simulations with customizable market assumptions
- Stunning interactive charts and client-ready presentations
- Comprehensive tax optimization and life event modeling
Cons
- Steeper learning curve for non-advisors
- Limited integrations with accounting or CRM tools
- Higher pricing for full advisor features
Best For
Financial advisors and serious DIY planners who need robust scenario analysis and client-facing visualizations.
Pricing
Personal plans start at $19/month; advisor plans from $99/user/month with annual discounts and free trial.
NewRetirement
specializedDIY financial planning platform providing detailed retirement, investment, and Social Security optimization tools for individuals.
Dynamic lifetime financial dashboard that automatically recalculates plans as users update life events, assets, and assumptions in real-time
NewRetirement is a comprehensive online platform designed for retirement planning, enabling users to build detailed financial projections spanning decades into the future. It integrates income sources like Social Security, pensions, and investments with expenses such as healthcare and housing, while offering scenario testing and Monte Carlo simulations for risk analysis. The tool emphasizes DIY planning with dynamic updates based on real-time inputs.
Pros
- Intuitive interface with guided setup for quick plan creation
- Robust scenario modeling including Monte Carlo simulations and tax optimization
- Affordable access to advanced tools with a strong free tier
Cons
- Primarily retirement-focused, with limited tools for non-retirement financial planning
- No direct integration with live financial advisors or robo-advisors
- Mobile experience is functional but less polished than desktop
Best For
DIY pre-retirees and retirees who want an accessible, detailed tool to model and optimize their retirement without professional help.
Pricing
Free basic planner; PlannerPlus at $120/year; Premium (with tax reports) at $240/year.
Snap Projections
specializedCash flow-based financial planning software with scenario testing, tax projections, and collaborative client reporting for advisors.
One-click scenario modeling that generates interactive projections instantly
Snap Projections is a cloud-based financial planning software tailored for financial advisors, enabling rapid creation of retirement projections, cash flow analysis, and scenario modeling. It features Monte Carlo simulations, goal-based planning, and interactive client reports with compelling visuals. The tool integrates with CRMs like Salesforce and Wealthbox, prioritizing speed and ease in delivering client-ready projections.
Pros
- Lightning-fast projection generation in seconds
- Intuitive interface with stunning, client-friendly visuals
- Seamless CRM integrations for efficient workflows
Cons
- Limited depth in tax optimization and estate planning
- Less comprehensive for holistic financial planning compared to top competitors
- Pricing can feel steep for independent advisors
Best For
Financial advisors focused on quick retirement projections and client presentations within a CRM-driven workflow.
Pricing
Starts at $99/month per advisor (Pro plan), with Enterprise options for teams at higher tiers; annual discounts available.
Holistiplan
specializedTax-sensitive financial planning tool that integrates tax alpha strategies with Monte Carlo simulations and goal tracking.
Interactive visual cash flow waterfall charts that allow real-time scenario adjustments during client meetings
Holistiplan is a cloud-based financial planning software tailored for financial advisors, enabling the creation of holistic, goal-based financial plans with visual cash flow projections and scenario modeling. It integrates seamlessly with major custodians like Schwab and Fidelity, as well as popular CRMs, to pull real-time account data. The platform supports collaborative planning through a client portal, emphasizing Monte Carlo simulations and stress testing for robust advice.
Pros
- Intuitive visual planning interface with interactive dashboards
- Strong integrations with custodians and CRMs for automated data syncing
- Advanced scenario analysis including Monte Carlo and goal tracking
Cons
- Pricing is on the higher end for solo advisors
- Initial learning curve for complex modeling features
- Reporting customization options are somewhat limited
Best For
Mid-sized advisory firms focused on client-centric, visual holistic planning with collaborative tools.
Pricing
Starts at $150 per advisor per month (billed annually), with volume discounts and custom enterprise plans available.
Advyzon
enterpriseAll-in-one advisor platform including financial planning, portfolio management, billing, and client CRM features.
Household-level financial planning that aggregates and models multi-generational family wealth scenarios
Advyzon is a comprehensive all-in-one platform for financial advisors, offering robust financial planning tools integrated with CRM, portfolio management, billing, and client reporting. Its financial planning module enables goal-based planning, cash flow analysis, Monte Carlo simulations, and scenario modeling to help advisors create personalized client strategies. The software streamlines advisor workflows by centralizing data and providing a unified client experience through a secure portal.
Pros
- Seamless integration of financial planning with CRM and portfolio tools
- Advanced modeling including Monte Carlo and goal tracking
- Strong client portal for collaborative planning and document sharing
Cons
- Steep learning curve for full platform utilization
- Pricing can add up for smaller firms with AUM-based fees
- Limited customization in some planning reports
Best For
Mid-sized RIAs and advisory firms seeking an integrated solution for financial planning alongside practice management.
Pricing
Starts at $120 per user/month with tiered plans based on AUM (e.g., 0.10% on first $50M); custom quotes available.
Empower
specializedPersonal finance dashboard with free retirement planning tools, investment tracking, and advisor matching services.
Retirement Fee Analyzer that uncovers hidden fees across all linked accounts
Empower (formerly Personal Capital) is a robust financial planning platform that aggregates data from thousands of financial institutions to provide a unified dashboard for tracking net worth, investments, cash flow, and retirement goals. It offers free tools like the Retirement Planner for scenario modeling and Monte Carlo simulations, Investment Checkup for portfolio analysis, and fee analyzers. Paid advisory services cater to high-net-worth users seeking personalized wealth management.
Pros
- Seamless aggregation of accounts from 14,000+ institutions for real-time net worth tracking
- Powerful Retirement Planner with scenario simulations and projections
- Free access to advanced analytics and tools for most users
Cons
- Limited budgeting and spending tracking compared to dedicated apps
- Frequent upselling to paid advisory services can feel intrusive
- Some features require advisor consultations rather than self-service
Best For
Individuals and families seeking a free, holistic overview of investments and retirement planning without manual data entry.
Pricing
Free Personal Dashboard; Wealth Management advisory fees start at 0.89% AUM on first $1M, tiered down to 0.49% for balances over $10M.
YNAB
specializedZero-based budgeting software that supports proactive financial planning through goal setting and real-time transaction tracking.
Zero-based budgeting system that requires every dollar to be assigned a 'job'
YNAB (You Need A Budget) is a personal finance app centered on zero-based budgeting, where users assign every dollar of their income to specific categories or 'jobs' to eliminate wasteful spending. It syncs with bank accounts for real-time transaction tracking, offers goal-setting for savings and debt payoff, and provides reports on spending trends and net worth. While excellent for day-to-day budget management and habit-building, it has limited advanced financial planning tools like investment forecasting or retirement simulations.
Pros
- Proven zero-based budgeting methodology that promotes financial discipline
- Seamless bank syncing and real-time transaction categorization
- Extensive educational resources, workshops, and community support
Cons
- Steep initial learning curve for new users
- Subscription-only model with no free tier beyond trial
- Limited support for comprehensive long-term planning like investments or tax optimization
Best For
Budget-conscious individuals or families seeking to master short-term spending control and build sustainable financial habits.
Pricing
$14.99/month or $99/year, with a 34-day free trial.
Conclusion
The tools reviewed cater to diverse financial planning needs, but three stand out as top performers. RightCapital leads as the top choice, offering a blend of interactive, goal-oriented planning and scenario modeling, making it ideal for advisors seeking client engagement. eMoney Advisor, a close second, excels with its comprehensive, holistic approach, while MoneyGuidePro rounds out the top three with its established goal-based strategies and robust projections. Each offers unique strengths, ensuring there’s a solution for nearly every user.
Ready to elevate your financial planning? Start exploring RightCapital today to experience its innovative tools and unlock tailored, effective plans for you or your clients.
Tools Reviewed
All tools were independently evaluated for this comparison