MoneyGuide review
A broad planning suite for advisors managing goals, retirement, tax, insurance, and investment scenarios.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
MoneyGuide is financial planning software from Envestnet MoneyGuide for financial advisors and their clients. Its scope covers goal-based planning for single or multiple goals, retirement and lifetime-income planning, cash flow, taxes, insurance needs, investments, asset allocation, and scenario analysis. Advisors can share plans with clients through collaborative planning features and client portal access, while clients receive a more direct role in reviewing and engaging with their financial plans. The product is available across web, Windows, macOS, and iOS.
Its strongest fit is for practices that need more than retirement projections alone. Monte Carlo simulations support retirement and lifetime-income analysis, while cash-flow charts, tax-sensitive modeling, insurance analysis, investment planning, stress testing, and what-if scenarios bring multiple planning disciplines into one workflow. Custom client reports and report-history management also support ongoing plan presentation and maintenance. This breadth makes MoneyGuide suitable for comprehensive, goal-led advice rather than a narrow calculator or single-purpose planning tool.
MoneyGuide uses a contact-sales pricing model, with prospective customers directed toward a demo or sales conversation. Its ecosystem includes Yodlee, PreciseFP, Wealthscape NFS, Wealthscape FBS, and Wealthbox, supporting account aggregation and financial data exchange within the listed connections. Practices should choose MoneyGuide when multi-goal planning, advisor-client collaboration, and broad scenario coverage are priorities. It may be less suitable for buyers seeking a self-serve purchase path, an open-source product, or an ecosystem outside its named integrations.
MoneyGuide pros and cons
- Where it wins
- Combines goal, retirement, cash-flow, tax, insurance, and investment planning
- Monte Carlo simulations, stress testing, and what-if scenario analysis
- Advisor-client sharing, portal access, and customizable reports
- Where it doesn't
- Core pricing uses a contact-sales model
- The product is proprietary rather than open source
- Named integrations center on five listed financial platforms
MoneyGuide fact sheet, pricing and score →
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