EVPro vs MyOwnFP

EVPro is financial planning software for advisers to assess, build, stress-test, review, and solve client plans. Its modules address risk profiling, investment analysis, cash-flow planning, and portfolio construction. EVPro Risk uses psychometric, behavioural, knowledge-based, and sustainable investing questions. EVPro Invest analyses existing investments and supports suitability assessments against client objectives and risk appetite. EVPro Goal builds cash-flow plans for pre-retirement, retirement, and post-retirement, modeling the probability of meeting expenses across more than 1,000 market scenarios. EVPro Portfolio can risk-rate funds, create model portfolios, show asset allocations, and import model portfolios in bulk. Solver adds optimization and stress tests to Invest and Goal; Review adds plan analysis, amendments, client communications, and firm-level oversight to Goal. Listed back-office integrations include Intelliflo, Iress, Plannr, and FNZ. EVPro runs on web, Android, iOS, macOS, and Windows. Pricing is on request; prospective users can book a demo to trial the product, with no trial duration stated. EV says its journey began in 1993 and EVPro launched in 2022.

MyOwnFP is web-based financial planning software for Canadian do-it-yourself investors and financial advisors. It supports cash-flow modeling, tax planning, investment planning, and scenario analysis. Users can build scenarios, compare them, and save useful versions for later review. Planning views include a financial planning grid, cash-flow visualization, account charts, and scenario comparisons. The models cover Canadian accounts and benefits such as TFSA, RRSP, CPP/QPP, OAS, GIS, and pensions, with federal, provincial, and territorial tax tables. Subscribers can share a client with another MyOwnFP subscriber, including an advisor. The service runs on AWS in Canada, according to the company, and uses HTTPS for browser communication with encryption at rest. Google handles login and Stripe processes payments. Banking information is not required. A free plan is available; Standard costs $40 a year for five clients, and Unlimited costs $140 a year for unlimited clients.