Financial planning is important in every structured organization. It helps determine short and long-term financial goals and create a balanced plan to meet those goals. For financial advisers, combing through spreadsheets and endless paperwork can be a lot of work. With the growing demands of the financial industry, the use of financial planning software for financial advisors is important.
As an advisor, you need software that combines powerful planning tools with simplicity, connects easily with your existing tech setup, and delivers an engaging client experience all at a cost that fits your budget. The challenge is that the perfect fit for one advisory firm may not the right suit.
Here we examine the top 10 financial planning software for financial advisors to help you make the best choice for your clients.
Top 10 Best Financial Planning Software for Financial Advisors
1. RightCapital
Features
- Planning Coverage: Retirement, investment, estate, insurance, college, and tax planning
- Visual Tools: Snapshot™, Blueprint™, Cash Flow Maps for storytelling and client presentations
- Tax and Risk Tools: Smart Tax Planning, Tax Analyzer, RightRisk
- Collaboration Tools: Client portal, mobile app, secure document vault, branding options, workflows
Pros
- Provides comprehensive financial planning across multiple areas (retirement, tax, estate, etc.)
- Offers intuitive and client-friendly visuals that enhance engagement
- Includes tax optimization and risk assessment tools that support deeper planning conversations
- Delivers productivity features that help advisors manage workflows efficiently
- Supports collaboration through portals, mobile access, and secure document sharing
- Backed by responsive live support and frequent product innovations
Cons
- Lacks depth in certain niche planning areas such as long-term care, college funding, and detailed social security modeling compared to specialized tools
- Offers limited customization options at lower subscription tiers
Pricing
- Basic: $149.95 per advisor/month
- Premium: $209.95 per advisor/month
- Platinum: Custom pricing (contact sales).
2. eMoney
eMoney Advisor equips financial professionals with advanced tools for personalized financial planning and scenario analysis. The platform actively engages clients through interactive tools and a 24/7 client portal, enabling real-time updates and secure document sharing. Advisors use eMoney’s visualizations to simplify complex financial concepts, strengthen recommendations, and align strategies with client goals.
Features
- Client portal
- Secure file sharing and storage
- Spending and budgeting tools
- Business analytics
- Insights and data
- Account aggregation.
Pros
- Comprehensive planning tools: Advisors deliver meaningful outcomes by tailoring plans to client goals, from simple objectives to complex strategies.
- Client portal: Clients gain access to their complete financial picture, fostering trust through secure communication and transparency.
- Holistic financial insights: Advisors connect accounts across thousands of institutions to build a unified view of client finances and uncover hidden opportunities.
- Engaging visual outputs: Advisors use clear, interactive visuals to simplify complex financial concepts and increase client engagement.
Cons
- Steep learning curve due to terminology and organization
- Unreliable customer support
- Unexpected system downtime
Pricing
- Contact vendor
3. MoneyGuide
MoneyGuide gives advisers control while allowing clients to interact with the platform. Clients can use tools to customize inputs and calculate potential outcomes, but advisers decide which information clients can access. The software teaches advisers how to create reports, manage risk, and communicate effectively with clients. It also provides report templates, investment analysis, and scenario comparisons to help advisers evaluate financial decisions and client communication.
Features
- Asset and portfolio customization
- Analytics for proposed financial plans
- Customizable executive summary and report templates
- Predictions for up to five scenarios simultaneously
Pros
- Market-leading user interface
- Strong integration ecosystem
- Proven track record
Cons
- Limited cash-flow analysis capabilities
- Less detailed analytics compared to competitors
Pricing
- MoneyGuide: $175.00
- Wealth Studios: $216.67
- All-in-One Platform: $258.33.
4. NaviPlan
NaviPlan is a cloud-based financial planning software built for financial advisors and firms of all sizes—from solo practices to large institutions. It delivers detailed cash flow and goal-based planning, supports robust scenario analysis, and manages complex financial situations. Advisors use NaviPlan to create precise plans that cover cash flow modeling, retirement, tax, estate, and insurance planning.
Features
- Account aggregation
- Advanced tax planning
- Asset allocation and risk tolerance assessment
- Business planning tools
- Client portal for advisor-client collaboration
Pros
- Provides highly detailed analytics
- Handles complex financial scenarios effectively
- Backed by strong institutional support
Cons
- Requires significant learning time
- Comes with higher costs
- May not suit smaller practices due to its depth
Pricing
Contact vendor for details.
5. Orion
Orion is an all-in-one financial planning software designed for advisors who want to combine investment management with financial planning. The platform supports both goals-based and cash-flow planning in a single system.
Features
- Client Portal that allows clients to view and interact with their financial plans, investments, and documents on any device.
- Branded and device-optimized access for a consistent client experience.
- Advisor and client workflows designed to simplify financial planning tasks.
Pros
- Strong integration with Orion’s ecosystem, improving advisor productivity.
- Excellent client experience with customizable, mobile-friendly design.
- Behavioral finance tools provide an emotion-aware planning approach.
Cons
- Steeper learning curve for advisors moving from simpler platforms.
- Limited customization in some areas.
Pricing
Contact for pricing.
6. Moneytree
MoneyTree delivers financial planning solutions designed to help advisors manage cash flow and retirement strategies. It produces detailed projections and in-depth analysis to support long-term financial decision-making. The platform’s calculation engine, planning tools, and reporting capabilities make it a reliable option for professional advisors.
Features
- Audit trail
- Fully customizable withdrawal order
- Reports
- One-page summary
- Client portal
- Interactive what-if scenario tools.
Pros
- Client portal for easy communication and information sharing
- Interactive what-if scenario tools for exploring different outcomes
- Audit trail that enhances accountability
- Custom withdrawal order options for flexibility in planning.
Cons
- Steep learning curve for new users
- Higher pricing compared to some competitors.
Pricing
- MoneyTree Elite: $2,195 per advisor, per year
- MoneyTree Essential: $1,195 per advisor, per year.
7. Asset Map
Asset-Map gives financial advisors a visual way to present a client’s entire financial situation. Advisors use the platform to create maps that display assets, liabilities, insurance, debts, and cash flows on one page. These maps help advisors highlight gaps, risks, and opportunities in a client’s portfolio while making complex concepts easier to explain. The tool integrates multiple types of financial data to build a clear and comprehensive picture of financial health.
Features
- Visual Asset-Map Reports: Display household members, entities, assets, liabilities, cash flows, and insurance on a single graphic.
- Target-Maps: Identify gaps in financial goals such as retirement, education, or disability and track progress over time.
- Household Index: Filter and sort across all client households to uncover trends and target opportunities.
- Stencils: Apply peer or demographic templates to personalize client maps and guide fact-finding.
- Discovery Interview: Collect client information directly via mobile before meetings to pre-populate maps.
Pros
- Provides a simple visual format that anyone can understand.
- Displays a complete picture of financial assets on one page.
- Helps clients grasp their financial situation from a new perspective.
- Creates an engaging tool for both prospects and existing clients.
Cons
- Lacks the depth of a full financial planning tool.
Pricing
- Professional: $142/month
- Elite: $189/month.
8. WealthTec
WealthTec (also called WealthTec Suite) provides advanced tax, financial, and estate planning software for wealth advisors who serve high-net-worth and ultra-high-net-worth clients and families. The software combines tactical and strategic modeling tools in one suite, producing rigorous and visually engaging planning outputs.
Features
- Presentation tools and flowcharts for estate and charitable planning strategies, helping advisors create visually compelling deliverables
- 45-day free trial, with demo and standard editions offering identical functionality
Pros
- Provides extensive estate and tax planning capabilities, including advanced tools rarely available in mainstream financial planning software
- Generates richly detailed, client-ready deliverables with strong visual clarity
Cons
- Offers limited interactivity during client-facing sessions
- Requires significant time investment to overcome a potentially steep learning curve
Pricing
Contact WealthTec for pricing details
9. Holistiplan
Holistiplan helps financial professionals manage tax, insurance, and estate planning. The software focuses on specialized areas of financial planning and has earned recognition for its performance.
Features
- Tax planning and optimization
- Estate planning scenarios
- Insurance needs analysis
- Document analysis and processing
Pros
- Strong focus on tax, estate, and insurance planning
- Automated analysis reduces manual work
- Easy-to-use interface
Cons
- Covers only select areas of financial planning
- Requires additional tools for full financial planning needs
Pricing
- Basic Tax: $1,599 per year
- Premium Tax: $1,999 per year.
10. fpPathfinder
fpPathfinder creates specialized flowcharts and checklists for financial planning scenarios. The platform serves as a supplement to comprehensive planning software. fpPathfinder equips financial advisors with a library of branded planning tools, including flowcharts, checklists, and summary guides. Advisors use these tools to lead structured and confident client conversations that emphasize value. The materials help advisors spot important planning issues and explain them clearly to both clients and prospects.
Features
- Decision-making flowcharts
- Planning checklists
- Tax planning guides
- Estate planning resources.
Pros
- Unique approach to planning guidance
- Excellent educational resources
- Professional presentation materials.
Cons
- Not a comprehensive planning platform
- Requires other software for calculations.
Pricing
Starts at $99/year.
When choosing financial planning software, match the platform to your practice size, client needs, and budget. The investment in the right financial planning software can significantly enhance your practice’s efficiency and client satisfaction, making it one of the most important technology decisions for your advisory business. Ultimately, the right choice balances features, ease of use, and cost to deliver strong value for your practice.