RazorPlan
RazorPlan: A focused planning suite for retirement, decumulation, insurance, tax, and estate work. Ranked #19 of 31 in Financial Advisor Software by our editors (7.3/10); pricing: 30-day trial; best for retirement and decumulation planners.
At a glance
- Editor score7.3 / 10
- Pricing30-day trial
- Best forRetirement and decumulation planners
- Free planNo
- Financial planningYes
- Founded2011 · Toronto, Ontario, Canada
- Facts checked20 Sep 2026
Where it wins
- Scenario planning with side-by-side comparisons
- Client-facing reports and data-gathering tools
- Dedicated decumulation and insurance planning capabilities
Where it doesn't
- Enterprise pricing requires contacting sales
- Advanced capabilities are split across paid options
- Published USD pricing does not state whether billing is per user
Our verdict on RazorPlan
RazorPlan is web-based financial planning software for Canadian financial planners, investment advisors, and insurance advisors. It supports financial plan and projection creation, retirement analysis, scenario comparisons, insurance needs and policy analysis, tax and estate planning, calculators, client questionnaires, reports, and file sharing for advisor collaboration. Its strongest fit is with practices focused on retirement planning and decumulation, while its broader planning tools also support insurance-led and comprehensive advisory work.
The product is organized around distinct paid options. RazorPlan covers retirement option analysis, client-friendly reports, concepts and calculators, client-facing data gathering, and scenario planning. RazorPlan Advanced adds business owner planning, corporate estate planning, life insurance planning, insurance policy imports, and capital needs and expenses. RazorPlan Decumulation focuses on withdrawal strategy analysis, decumulation optimization, retirement planning reports, and scenario planning. RazorPlan Enterprise adds single sign-on, an administrative portal, custom branding, advanced reporting, and custom implementations. A 30-day trial is available without payment, and Enterprise pricing is handled through sales.
RazorPlan’s breadth makes it more suitable than a narrowly focused retirement calculator for advisors who need connected planning across retirement, insurance, tax, estate, and client reporting tasks. The web platform also supports client-facing workflows and advisor collaboration through data-gathering tools and file sharing. Practices seeking enterprise administration can choose the Enterprise option, while smaller teams may prefer the core or specialist options. Advisors looking for a planning environment centered on these financial planning workflows should consider RazorPlan; firms that need capabilities outside this scope should compare alternatives carefully.
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RazorPlan pricing
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RazorPlan fact sheet
| Free plan | No |
|---|---|
| Paid from | Not verified |
| Client portal | Not verified |
| Financial planning | Yes |
| Proposal generation | Not verified |
| Compliance workflows | Not verified |
| Document vault | Not verified |
| Billing and invoicing | Not verified |
| Free trial | 30 days · no card needed |
| Deployment | Cloud |
| Platforms | Web |
| Compliance & security | SSO/SAML |
| Support | Email, Phone, Docs |
| Built for | Solo, Small business, Mid-market, Enterprise (editorial estimate) |
| Pricing | 30-day trial (source) |
| Website | razorplan.com |
| Facts checked | 20 Sep 2026 |
Alternatives to RazorPlan
- eMoney AdvisorA broad planning suite for practices that need client collaboration and connected workflows.9.4
- XplanA broad advice platform for practices needing planning, workflow, compliance and client engagement.9.3
- MoneyGuideA comprehensive planning suite for advisors managing goals, retirement, tax, and investment decisions.9.1
See all RazorPlan alternatives →
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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