Quick Overview
- 1#1: eMoney Advisor - Provides comprehensive holistic financial planning, wealth management, and client engagement tools for advisors.
- 2#2: MoneyGuidePro - Offers goal-based financial planning software with interactive client decision centers and scenario analysis.
- 3#3: RightCapital - Delivers intuitive, modern financial planning with cash flow modeling, tax projections, and client portals.
- 4#4: Advyzon - Integrates wealth planning, portfolio management, CRM, and billing in an all-in-one advisor platform.
- 5#5: Holistiplan - Specializes in tax-efficient retirement income planning and Roth conversion optimization.
- 6#6: WealthTrace - Advanced financial planning software featuring Monte Carlo simulations and detailed cash flow forecasting.
- 7#7: MaxiFi Planner - Dynamic lifetime planning model that optimizes consumption, taxes, and bequests across scenarios.
- 8#8: ProjectionLab - Interactive, customizable financial independence and retirement projection tool for individuals and advisors.
- 9#9: NewRetirement - Comprehensive DIY platform for retirement planning, Social Security optimization, and investment analysis.
- 10#10: Asset-Map - Visualizes client assets, liabilities, and accounts to facilitate wealth planning discussions and illustrations.
Tools were ranked based on a blend of feature depth, user-friendliness, and value, evaluating strengths like cash flow modeling, tax optimization, client engagement capabilities, and adaptability to modern financial challenges.
Comparison Table
Wealth planning software is vital for organizing financial strategies, and this comparison table outlines key tools such as eMoney Advisor, MoneyGuidePro, RightCapital, Advyzon, Holistiplan, and more. Readers will discover details on each tool’s features, usability, and fit for diverse needs, aiding in informed selection for practice or goals.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | eMoney Advisor Provides comprehensive holistic financial planning, wealth management, and client engagement tools for advisors. | enterprise | 9.5/10 | 9.8/10 | 8.7/10 | 9.2/10 |
| 2 | MoneyGuidePro Offers goal-based financial planning software with interactive client decision centers and scenario analysis. | enterprise | 9.1/10 | 9.4/10 | 8.7/10 | 8.6/10 |
| 3 | RightCapital Delivers intuitive, modern financial planning with cash flow modeling, tax projections, and client portals. | specialized | 9.2/10 | 9.5/10 | 9.0/10 | 8.7/10 |
| 4 | Advyzon Integrates wealth planning, portfolio management, CRM, and billing in an all-in-one advisor platform. | enterprise | 8.7/10 | 9.0/10 | 8.2/10 | 8.5/10 |
| 5 | Holistiplan Specializes in tax-efficient retirement income planning and Roth conversion optimization. | specialized | 8.6/10 | 9.1/10 | 8.7/10 | 8.0/10 |
| 6 | WealthTrace Advanced financial planning software featuring Monte Carlo simulations and detailed cash flow forecasting. | specialized | 8.3/10 | 9.0/10 | 7.8/10 | 8.0/10 |
| 7 | MaxiFi Planner Dynamic lifetime planning model that optimizes consumption, taxes, and bequests across scenarios. | specialized | 8.3/10 | 9.2/10 | 7.1/10 | 7.8/10 |
| 8 | ProjectionLab Interactive, customizable financial independence and retirement projection tool for individuals and advisors. | specialized | 8.2/10 | 8.8/10 | 8.0/10 | 8.5/10 |
| 9 | NewRetirement Comprehensive DIY platform for retirement planning, Social Security optimization, and investment analysis. | specialized | 8.7/10 | 9.2/10 | 8.5/10 | 9.5/10 |
| 10 | Asset-Map Visualizes client assets, liabilities, and accounts to facilitate wealth planning discussions and illustrations. | specialized | 8.2/10 | 8.7/10 | 9.1/10 | 7.6/10 |
Provides comprehensive holistic financial planning, wealth management, and client engagement tools for advisors.
Offers goal-based financial planning software with interactive client decision centers and scenario analysis.
Delivers intuitive, modern financial planning with cash flow modeling, tax projections, and client portals.
Integrates wealth planning, portfolio management, CRM, and billing in an all-in-one advisor platform.
Specializes in tax-efficient retirement income planning and Roth conversion optimization.
Advanced financial planning software featuring Monte Carlo simulations and detailed cash flow forecasting.
Dynamic lifetime planning model that optimizes consumption, taxes, and bequests across scenarios.
Interactive, customizable financial independence and retirement projection tool for individuals and advisors.
Comprehensive DIY platform for retirement planning, Social Security optimization, and investment analysis.
Visualizes client assets, liabilities, and accounts to facilitate wealth planning discussions and illustrations.
eMoney Advisor
enterpriseProvides comprehensive holistic financial planning, wealth management, and client engagement tools for advisors.
Decision Center: Interactive, real-time scenario builder allowing clients and advisors to collaboratively test financial decisions with instant visualizations.
eMoney Advisor is a premier wealth planning software platform designed for financial advisors to deliver holistic financial planning services. It integrates client data from multiple sources to create dynamic models, scenario analyses, and visualizations for goals like retirement, education, and estate planning. The tool features advisor dashboards, client portals, and collaborative tools to enhance client engagement and streamline advisory workflows.
Pros
- Comprehensive scenario modeling with Monte Carlo simulations and what-if analysis
- Seamless data aggregation from 15,000+ sources for accurate household-level planning
- Robust client portal and mobile app for enhanced engagement and self-service
Cons
- High cost may be prohibitive for solo advisors or small firms
- Steep learning curve for advanced features despite intuitive interface
- Limited customization options for niche planning needs
Best For
Mid-to-large advisory firms and RIAs serving high-net-worth clients who require sophisticated, data-driven wealth planning.
Pricing
Custom enterprise pricing, typically $5,000–$15,000+ per advisor annually, often tiered by AUM or user count with implementation fees.
MoneyGuidePro
enterpriseOffers goal-based financial planning software with interactive client decision centers and scenario analysis.
The interactive Decision Center, offering real-time success probabilities, stress tests, and what-if scenarios in a single visual dashboard.
MoneyGuidePro is a leading wealth planning software platform designed for financial advisors to build comprehensive, goal-based financial plans for clients. It excels in retirement, education, and major purchase planning through advanced modeling, including Monte Carlo simulations and stress testing. The tool supports householding for couples and families, with interactive visualizations that facilitate client engagement during meetings.
Pros
- Robust Monte Carlo simulations and scenario analysis for risk assessment
- Intuitive GoalMap visualizations for client-friendly plan presentations
- Strong integrations with CRMs, custodians, and portfolio tools
Cons
- Steep learning curve for new users and advanced features
- Higher cost may deter solo advisors or small firms
- Report customization options could be more flexible
Best For
Financial advisory firms managing high-net-worth clients who require sophisticated, interactive wealth planning tools.
Pricing
Annual per-advisor subscription starting at around $2,500, with tiered enterprise pricing based on users and features.
RightCapital
specializedDelivers intuitive, modern financial planning with cash flow modeling, tax projections, and client portals.
Interactive 'What-If' client portal for real-time scenario exploration and plan adjustments
RightCapital is a cloud-based wealth planning software tailored for financial advisors, enabling the creation of comprehensive, interactive financial plans that cover retirement, tax, estate, and cash flow projections. It features a client-facing portal where users can explore 'what-if' scenarios, optimize Social Security benefits, and visualize their financial future through engaging charts and tools. The platform integrates with popular CRMs and custodians, streamlining workflows while emphasizing decumulation planning and behavioral finance insights.
Pros
- Highly engaging client portal with interactive visualizations and scenario modeling
- Robust Monte Carlo simulations and decumulation-focused planning tools
- Seamless integrations with CRMs like Redtail and Wealthbox
Cons
- Premium pricing may deter smaller firms
- Advanced tax and estate planning features lag behind some competitors
- Occasional performance lags with large datasets
Best For
Financial advisors focused on client engagement and holistic retirement planning for high-net-worth individuals.
Pricing
Starts at $125/user/month (Essentials), up to $165/user/month (Premium), with custom enterprise pricing.
Advyzon
enterpriseIntegrates wealth planning, portfolio management, CRM, and billing in an all-in-one advisor platform.
Unified household CRM that aggregates data across accounts for holistic client views
Advyzon is a comprehensive all-in-one wealth management platform tailored for financial advisors and RIAs. It integrates CRM, portfolio management, performance reporting, financial planning tools, billing, and a client portal to streamline advisor workflows. The software emphasizes household-level views, compliance features, and seamless integrations with custodians like Schwab and Fidelity.
Pros
- All-in-one platform eliminates need for multiple vendors
- Robust reporting and household aggregation capabilities
- Strong client portal with mobile access and e-signatures
Cons
- Higher pricing tiers can be costly for small firms
- Steep initial learning curve for full feature set
- Financial planning module less advanced than dedicated tools like eMoney
Best For
Mid-sized RIAs seeking an integrated platform for practice management and basic wealth planning.
Pricing
Tiered pricing starts at ~$275 per advisor/month for core features, scaling to $500+ with full suite and AUM-based fees.
Holistiplan
specializedSpecializes in tax-efficient retirement income planning and Roth conversion optimization.
Proprietary tax alpha engine that dynamically simulates and quantifies tax-saving strategies across multiple scenarios
Holistiplan is a cloud-based wealth planning software designed for financial advisors to create holistic financial plans encompassing retirement, tax, estate, and investment strategies. It aggregates client data from custodians and CRMs, enabling dynamic scenario modeling and tax-efficient optimizations like Roth conversions. The platform emphasizes visual, client-friendly presentations to facilitate collaborative planning sessions.
Pros
- Advanced tax projection and optimization tools
- Seamless integrations with major custodians and CRMs
- Intuitive interface for quick plan creation and scenario analysis
Cons
- Limited advanced Monte Carlo or stochastic modeling compared to top competitors
- Pricing may be steep for solo advisors or small firms
- Reporting customization options could be more robust
Best For
Financial advisors serving high-net-worth clients who need sophisticated tax and estate planning integrated with retirement projections.
Pricing
Starts at $125 per advisor per month for basic plans, with enterprise tiers and volume discounts available.
WealthTrace
specializedAdvanced financial planning software featuring Monte Carlo simulations and detailed cash flow forecasting.
Real-time household-level planning that dynamically models joint client scenarios across multiple accounts and strategies
WealthTrace is a cloud-based wealth planning software tailored for financial advisors, enabling detailed financial modeling, retirement projections, and risk analysis for client portfolios. It supports goal-based planning with Monte Carlo simulations, tax optimization, estate planning, and what-if scenario testing. The platform integrates with CRMs like Salesforce and custodians such as Schwab and Fidelity for seamless data flow and reporting.
Pros
- Powerful Monte Carlo and stress-testing capabilities
- Strong integrations with CRMs and custodians
- Advanced tax-sensitive cash flow projections
Cons
- Steep learning curve for new users
- Higher cost for smaller firms
- Reporting customization could be more flexible
Best For
Mid-sized to large advisory firms serving high-net-worth clients needing sophisticated, data-driven wealth planning.
Pricing
Custom enterprise pricing, typically $150-$300 per user per month with annual contracts and tiered plans based on users and features.
MaxiFi Planner
specializedDynamic lifetime planning model that optimizes consumption, taxes, and bequests across scenarios.
Proprietary lifetime tax minimization engine that dynamically optimizes strategies across decades to avoid tax torpedoes
MaxiFi Planner is a sophisticated wealth planning software designed for financial advisors, specializing in lifetime financial simulations with advanced tax optimization. It excels in modeling retirement scenarios, Social Security claiming strategies, Roth conversions, and investment growth while minimizing lifetime taxes. The tool supports complex, multi-generational planning and Monte Carlo risk analysis for high-net-worth clients.
Pros
- Exceptional tax optimization capabilities, including dynamic Roth conversion ladders and Social Security strategies
- Powerful lifetime scenario modeling with Monte Carlo simulations
- Handles complex estates, QCDs, and multi-generational wealth transfer
Cons
- Steep learning curve for non-experts
- High pricing limits accessibility for solo advisors
- Limited third-party integrations compared to broader platforms
Best For
Financial advisors serving high-net-worth clients who need precise tax-efficient retirement and estate planning.
Pricing
Annual subscription starting at around $6,000 per advisor, with enterprise licensing for firms.
ProjectionLab
specializedInteractive, customizable financial independence and retirement projection tool for individuals and advisors.
Wealth Cones™ - interactive 3D visualizations of projection uncertainty and probability distributions
ProjectionLab is a web-based wealth planning software that specializes in dynamic financial projections, allowing users to model scenarios for investments, retirement, taxes, and life events. It uses Monte Carlo simulations to provide probabilistic outcomes, visualized through interactive charts like Wealth Cones. Primarily targeted at financial advisors and individuals, it emphasizes customizable 'what-if' analyses over traditional static planning.
Pros
- Powerful Monte Carlo simulations for realistic probabilistic forecasting
- Intuitive visual dashboards and Wealth Cones for easy scenario comparison
- Flexible customization for taxes, Social Security, and life events
Cons
- Limited integrations with CRM or accounting software
- No native mobile app, web-only access
- Advanced team collaboration requires higher-tier pricing
Best For
Independent financial advisors and high-net-worth individuals seeking visual, scenario-driven wealth projections without enterprise complexity.
Pricing
Free basic plan; Personal Pro at $29/month; Advisor plans from $99/month with team features.
NewRetirement
specializedComprehensive DIY platform for retirement planning, Social Security optimization, and investment analysis.
Advanced Social Security optimization for individuals and couples, maximizing lifetime benefits across claiming strategies.
NewRetirement is a web-based wealth planning software specializing in retirement and long-term financial planning. It enables users to input detailed financial data, including assets, debts, income, expenses, and investments, to simulate retirement scenarios with projections spanning decades. The platform incorporates factors like Social Security optimization, healthcare costs, taxes, and longevity risks, providing actionable insights and Monte Carlo simulations for probabilistic outcomes.
Pros
- Comprehensive scenario modeling with taxes, healthcare, and Social Security optimization
- Generous free tier with core planning tools and net worth tracking
- Intuitive interface with visualizations and what-if analysis
Cons
- Limited advanced investment portfolio management and rebalancing tools
- No mobile app; primarily desktop/web-focused
- Customer support limited to email without live chat or phone
Best For
DIY pre-retirees and retirees seeking detailed, affordable retirement planning without an advisor.
Pricing
Free basic plan; Premium PlannerPlus at $120/year ($14.99/month); Unlimited at $240/year ($29.99/month).
Asset-Map
specializedVisualizes client assets, liabilities, and accounts to facilitate wealth planning discussions and illustrations.
Interactive one-page asset maps that consolidate net worth, holdings, and planning scenarios into a single, shareable visual
Asset-Map is a visualization tool designed for financial advisors to create interactive, one-page visual maps of clients' assets, liabilities, income, and estate plans. It transforms spreadsheet data into engaging graphics that simplify complex wealth planning discussions during client meetings. The software integrates with popular CRMs and supports scenarios for retirement, gifting, and tax strategies, making it a strong complement to traditional planning tools.
Pros
- Exceptional visual mapping for client engagement and clarity
- Quick data import from spreadsheets and CRM integrations
- Customizable templates for estate, retirement, and gifting scenarios
Cons
- Lacks advanced Monte Carlo simulations or cash flow projections
- Higher pricing tiers required for full team collaboration features
- Limited standalone analytical depth compared to full planning suites
Best For
Financial advisors who prioritize visual storytelling and client presentations in wealth planning over deep quantitative modeling.
Pricing
Starts at $49/user/month (Basic), $99/user/month (Pro), with Enterprise custom pricing.
Conclusion
After careful evaluation, eMoney Advisor emerges as the top choice, combining holistic financial planning, wealth management, and client engagement tools to support advisors effectively. Close contenders include MoneyGuidePro, which shines with goal-based planning and interactive client decision centers, and RightCapital, known for its intuitive design and robust cash flow modeling. Each tool offers distinct strengths, but eMoney’s comprehensive suite makes it the standout for those seeking a well-rounded solution.
Ready to streamline your wealth planning? Begin with eMoney Advisor to leverage its all-in-one capabilities and enhance your ability to serve clients.
Tools Reviewed
All tools were independently evaluated for this comparison
Referenced in the comparison table and product reviews above.