NaviPlan vs Wealthtrace Comparison: Everything You Need to Know Before Choosing

NaviPlan is a financial planning software application from Advicent, now part of InvestCloud, used by financial advisers and planners to build comprehensive plans for their clients. Advisers need to address a wide spectrum of client needs, from simple goal-based questions such as saving for education or a house purchase, through to detailed cash-flow projections, retirement income strategies, insurance needs and estate planning. Using separate calculators for each topic produces fragmented advice and makes it difficult to show clients how decisions interact. NaviPlan addresses this by offering a single planning engine that can scale from a quick, goals-focused assessment to an in-depth, cash-flow-based analysis of a client's entire financial situation. The approach allows firms to match the depth of planning to the complexity of each relationship while maintaining consistent methodology and compliance standards across their adviser force. Key capabilities include goal-based planning, detailed cash-flow and net worth projections, retirement income modelling, tax and investment analysis, risk management and insurance needs analysis, and estate planning scenarios that illustrate the effect of different strategies on wealth transfer. Monte Carlo simulations and what-if comparisons help advisers show clients the probability of success and trade-offs between alternatives. Client-facing presentations and customisable reports translate the analysis into accessible outputs, while collaboration features allow clients to participate in data gathering. NaviPlan is delivered as a web-based application and can integrate with CRM systems, account aggregation services and investment platforms to reduce data entry. Its target customers are independent advisers, broker-dealers, banks, insurance companies and wealth management firms that need a robust planning tool capable of supporting both mass-affluent and high-net-worth clients. Enterprise deployments allow firms to standardise planning practices across large networks of advisers. Pricing starts from around USD 2,195 with a free trial available; there is no permanently free version.