MoneyGuide vs MyPlan
MoneyGuide
moneyguidepro.com
MyPlan
myplanapp.appSide by side
| Figure | MoneyGuide | MyPlan |
|---|---|---|
| Price from | $10.42/mo | Free |
| Free plan | — | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| iOS | Yes | — |
| API | Yes | — |
| Plans published | 15 | 2 |
| Spec score · Financial Planning Software | 8.9 (#5) | 8.1 (#16) |
| Estate planning | Wealth Studios adds advanced estate strategies, entities, gifting, trust strategies, fairness planning and dynamic net-worth views. | Estate tools organize beneficiaries, asset distributions, and legal documents. |
| Goal planning | The system supports single or multiple goals, priority-order funding and combined or individual goal results. | Goals include funding progress monitoring and target-date guidance. |
| Headquarters | Powhatan, Virginia, United States | South Africa |
| Purpose | Envestnet MoneyGuide develops financial planning software for financial advisors to help them guide clients toward lifetime financial goals. | MyPlan is a financial-planning platform for individuals and advisors in the SADC region. |
| Security controls | The company states that its Richmond, Virginia data center is annually SSAE-18 SOC 2 Type II audited, uses TLS, firewalls, intrusion detection and encrypted backups. | MyPlan states that data is encrypted in transit and at rest, protected by row-level security, and accessed through JWT-validated sessions. |
Plans
MoneyGuide
- MyBlocks Individual$125 a year
- MyBlocks Individual$125 a month
- Client Portal with MX$400 a year
- Client Portal with Yodlee$400 a year
- MX add-on$400 a year
- Yodlee Client Portal add-on$400 a year
- Dash$500 a year
- Dash add-on$500 a year
- MyBlocks$600 a year
- MyBlocks add-on$600 a year
In their own words
MoneyGuide
MoneyGuide is financial planning software from Envestnet for financial advisors helping clients work toward lifetime financial goals. It supports goal-based, asset-allocation, and lifetime-income plans, including Monte Carlo simulations on a single income stream. Advisors and clients can collaborate online with view-only or update-all sharing permissions. Planning tools cover retirement, college, estate, insurance needs, risk management, taxes, and Social Security. What-if scenarios and stress tests can model changes in market returns, inflation, taxes, and longevity. Clients can link accounts through MX or Yodlee; listed integrations also include Redtail and Wealthbox. The company says it does not collect or store Social Security, credit card, or account numbers, and that client data is encrypted in transit. MoneyGuide is web-based and compatible with Windows PCs, Macs, iPads, and iPhones. It is non-transactional, so clients cannot access, move, or withdraw funds through the application. A MyBlocks trial lasts 14 days, requires no credit card, and expires automatically. Listed annual subscriptions include MoneyGuide at $2,000 a year per advisor; applicable state and local taxes are not included.