It’s focused on alternatives to the standard methods of retirement planning.
MoneyGuidePro is a client-centered financial planning software used by professional financial advisors. – Individual RIAs that employ multiple financial planners – $400 to $660 per year for various add-ons – Annual rates: $500 to $2,000 per advisor Financial Planning Software for Financial Advisors MoneyGuidePro If questions come up as you use the program, you can connect with a WealthTrace expert by phone, email or live chat to get help. Like some of the advisor-focused programs on the market, WealthTrace also allows you to run scenarios on things like market downturns, life insurance needs and retirement income.
You can plan for both retirement and college savings, as well as attain some insight into how to minimize your tax liabilities. What WealthTrace offers in exchange for these prices is the ability to budget your money and set specific savings goals.
The cost of the software ranges from $229 to $309 for the first year, with lower rates for subsequent annual renewals. Individual users can choose from three package tiers: Basic, Advanced and Deluxe. WealthTrace is a financial planning program that both individuals and advisors can use.
– Smaller advisory firms that want plenty of support – Those looking for more in-depth analysis – $169 to $269 for renewal after first year The app works on both mobile and desktop, so it might also be good for someone who wants to manage their finances on the go. Still, it’s got a good user interface that’s easy to navigate, and it’s great for users who are mainly interested in tracking their spending and keeping on budget. You also can’t pay your bills through the software. Mint is more focused on basic budgeting and money management than it is on investing. Aside from it being a great budgeting tool, it has a plethora of money management tools that you can also use,” says Brian Meiggs, founder of millennial finance site. “Mint is an incredibly popular online personal finance tool that’s great for all kinds of users. Tracking all of your bank and credit card accounts in one place.There’s a lot you can do with Mint, including: Mint is one of the most popular free financial planning tools on the market. It’s also far and away the most detail-oriented package of the four that are available through Quicken. There’s also the Home & Business version, which might be helpful if you need a streamlined way to manage business and personal finances. Market comparison and investment tax planning tools.Access to Morningstar’s® Portfolio X-ray® tool.The ability to track loans, investment and retirement accounts in one place.This version lets you do everything the Starter version does, while also adding in some additional features and tools, such as:
If you want to take an even deeper dive into your finances, the Premier version may be more appropriate. This takes everything the Starter version has and adds in the ability to formulate custom budgets, create and manage specific savings goals and manage and track your debt. The Starter version, for example, lets you view all of your accounts in one place, create a budget, track your spending, manage your bills and categorize your purchases. Quicken offers multiple financial planning software solutions, depending on what exactly you want to do with your money. If you need help choosing investments, Personal Capital also offers robo-advisor wealth management services for a fee. These features are included in the software at no charge and offer a comprehensive view of your finances.
The free version of the software includes all the features necessary for basic financial planning, including: Personal Capital is a popular financial planning software option for both beginners and those more experienced with money management. – Those who want to integrate their investing needs with a financial plan Financial Planning Software for Individuals Personal Capital