Optiml for Advisors is the best financial planning software for Canadian fee-only planners and small practices in 2026. It optimizes every client plan toward a client-chosen goal, lets households onboard themselves, and puts your practice's name on every report, for one flat price per advisor. Snap Projections, RazorPlan, NaviPlan, Conquest Planning and Adviice each suit a different practice.

Ask which planning software Canadian advisors use and you'll hear four names. Advisor.ca called Conquest, NaviPlan, RazorPlan and Snap "the four leading providers in the Canadian market" in late 2024, and it's a fair list. Optiml and Adviice are the newer entrants.

But leading and right for you are different questions. A bank rolling software out to hundreds of advisors needs something very different from a fee-only planner who wants to take on more households without adding hours. This guide is written for the second reader.

How we compared

We make Optiml, so we stuck to what each vendor publishes, cited reported figures where we couldn't confirm a price on the vendor's own site, and gave every tool its real strengths.

We looked at six things: who each tool is built for, whether it optimizes or projects, how clients get onboarded and see their plan, reports, price, and how you start a trial. Last checked: October 2026.

The comparison at a glance

*As reported by Advisor.ca in December 2024. **RazorPlan's site, October 2026. Optiml prices are in Canadian dollars, plus GST/HST.

The six tools, one by one

Optiml

Best for: fee-only planners and practices of one to three advisors who want to grow their book without adding hours.

Advisors were already using Optiml's consumer version to model their clients' plans, so we built a version for working across a whole book. More than 250,000 retirement plans have been run through Optiml.

• It optimizes every plan. Pick one of seven strategies with your client, and Optiml builds the most tax-efficient plan for that goal.
• Clients do the data entry. Households add their own accounts, income and goals by branded invite, so you onboard a client the same day, not in two weeks.
• Your name on every report. Your logo, colours and a cover letter you signed, greeting each household by name.
• Incorporated clients covered. Holding company (HoldCo), operating company (OpCo) and trust modelling for business owners.
• Canadian data. Plan data is stored in Canada and encrypted, and Optiml is PIPEDA (Personal Information Protection and Electronic Documents Act) compliant.

Worth knowing: Optiml starts at $99 a month per advisor, where Snap and RazorPlan each have a $69 entry tier. And it's software for the clients you bring: Optiml doesn't refer or match anyone to advisors.

Snap Projections

Best for: advisors who want a mature, fast, all-round Canadian planning tool with insurance illustrations and a polished one-page summary.

• Projects and optimizes. Its Automated Financial Recommendations calculate the withdrawal order that maximizes the after-tax estate, and you can compare up to five scenarios side by side.
• Insurance illustrations for life, critical illness and disability.
• Branded, customizable reports with your logo and disclaimers, plus a one-page SnapShot summary.
• Strong support and reviews. Owned by CI Financial, and rated 4.9/5 on Capterra across 27 advisor reviews.

Worth knowing: the trial is for licensed Canadian advisors, planners and investment managers. Private corporation planning sits in the Advisor Business tier, and stress testing is a $96 a year add-on.

RazorPlan

Best for: insurance-led and mixed advisors who need protection analysis plus retirement projections at a low entry price. You'll also see it written as Razor Plan.

• Insurance needs analysis alongside retirement planning.
• Quick projections for prospecting, plus scenario comparison.
• "Proper tax calculations using current legislation," in RazorPlan's words, with email support from Certified Financial Planner (CFP) professionals.
• Professional reports with a one-page summary, and a 30-day free trial.

Worth knowing: the decumulation optimizer, built "to find a retirement withdrawal strategy that maximizes income," is in the $149 a month Decumulation tier. Life insurance, private corporation and estate planning come with RazorPlan Advanced.

NaviPlan by InvestCloud

Best for: large firms and insurers that need the widest scope, from insurance and business planning to estate and compliance workflow, plus enterprise integrations.

• The broadest feature list here: client portal, digital fact finder, account aggregation, advanced tax planning, business planning, Monte Carlo, retirement income modelling, estate, insurance, compliance workflow and goals-based planning.
• Wide institutional use. InvestCloud says five of the top six Canadian life insurers and four of the top five banks use it (a 2021 company figure).
• Still sold in Canada, formerly under the Advicent name, with trials on request.

Worth knowing: as reported by Advisor.ca in December 2024, a licence is $2,500 a year including holding company planning, with the client portal at $1,000 a year and operating company planning at $500. Training for new users is a 3 to 5 hour online course.

Conquest Planning

Best for: enterprise firms, banks and dealers rolling an AI strategy-ranking tool out across many advisors.

• SAM, its Strategic Advice Manager, uses AI to evaluate and rank strategies.
• Built for scale. Desjardins Financial Security Investments rolled it out to nearly 1,400 advisors in 2024.
• Canadian-built, in Winnipeg, with customizable charts and branding.

Worth knowing: pricing isn't published. On September 14, 2026, Conquest announced self-serve access with a free trial for firms of 10 or fewer advisors, starting with practices in the United States, and no Canadian timeline has been announced. So a small Canadian practice can't sign up on its own today.

Adviice

Best for: advice-only planners who want a white-labelled client portal with payment processing built in.

• Built by advice-only planners. Adviice describes its advisor version as "the only Canadian retirement software built by advice-only planners for advice-only planning."
• A white-label portal on your own domain that combines client relationships and payment processing.
• Client-led onboarding: clients enter their own information, and you review it.
• AI-powered decumulation scenarios.

Worth knowing: advisor pricing isn't published, and the site points advisors to an intro call rather than a self-serve trial. Adviice's consumer plan is $9 a month or $49 a year.

A note on US-built platforms

RightCapital, eMoney and MoneyGuidePro are widely used south of the border, but they're built around US tax rules. If one is on your list, confirm with the vendor how it handles Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), the Canada Pension Plan (CPP) and Old Age Security (OAS).

Projecting vs optimizing: what to look for

A projection answers "what happens if we do this?" An optimizer answers "what should we do?"

Plain projection tools stop at the first question. You set the withdrawal order, the CPP start age and the pace of RRSP withdrawals, and the software shows where that path leads. Finding a better path is up to you, one scenario at a time.

Several tools here go further. Snap's Automated Financial Recommendations, RazorPlan's decumulation optimizer, Conquest's SAM and Adviice's AI decumulation scenarios all help find or rank a better path. Whichever you trial, check that it weighs these four decisions:

• Withdrawal order across RRSP, RRIF (Registered Retirement Income Fund), TFSA, LIRA (Locked-In Retirement Account), non-registered and corporate accounts.
• CPP and OAS timing: every CPP start age from 60 to 70, and OAS from 65 to 70.
• RRSP meltdown: drawing RRSPs down in lower-tax years, before RRIF minimums and the final return push them into higher brackets.
• OAS clawback: keeping income under the recovery threshold so clients keep the OAS they earned.

Then ask two more questions. Does the optimizer run on every client? And what does it cost to get it?

On Optiml, you pick the goal with your client from seven strategies: Maximize Lifetime Spending, Minimize Lifetime Taxes, Maximize After-Tax Estate, Set Estate Value, RRSP Meltdown, OAS Clawback Reducer and Custom Plan. Optiml tests the withdrawal order, CPP and OAS start ages and the pace of RRSP withdrawals, then builds the most tax-efficient plan for that goal. Every goal-based strategy builds in an RRSP meltdown, CPP and OAS timing, pension income splitting and the OAS recovery tax.

It runs on every client, with nothing per client and no add-on module. And when your judgement says otherwise, Custom Plan lets you override any deposit or withdrawal, in any account, in any year.

The meeting goes to the decision, not to building scenarios.

Doing more with a small practice

In a practice of one to three, the limit is rarely planning skill. It's hours. Every new household means data entry, report building and follow-up before the advice starts.

We built Optiml to take hours out of each step.

Onboard a client the same day, not in two weeks

Send a branded invite and the household adds its own accounts, income and goals before you meet. You hide the assumption questions clients shouldn't be guessing at, and your planning defaults fill them in. The link works once and expires after five days.

Already have a book? Bring it over from a spreadsheet template, up to 500 clients at a time, spouses included.

Adviice's advisor version also lets clients enter their own information, and NaviPlan pairs a digital fact finder with a client portal add-on. On Optiml, self-onboarding is part of a flat per-advisor price with nothing per client, and you can try it in a 14-day free trial you start yourself.

Reports your clients can follow

Every tool here produces client-ready output. Snap has branded reports and its one-page SnapShot, RazorPlan a one-page summary, Conquest customizable charts and branding, NaviPlan a client portal add-on and Adviice a white-labelled portal.

We designed Optiml's client side around one aim: a plan the household actually understands. That's why the plan you deliver is built around:

• A cover letter you signed, greeting the household by name, in your logo and colours.
• A one-page plan summary: peak net worth, lifetime spending, lifetime tax, the after-tax estate and every goal, with whether the plan funds it.
• The Success Score, which tests the plan across up to 50 market scenarios and turns "will we be OK?" into one number.
• Side-by-side plans, up to 10 per client, so a client sees what changes when CPP starts at 70 instead of 65.

You choose the sections each report includes and the order they print in, and save your own templates.

Stay in touch between meetings

We built client access on a simple idea: a client who can see the plan you built understands what they pay you for. So clients get free, view-only access to exactly the plan you share: income, investments, expenses, taxes, the Success Score and your PDF. They can't change it, and they pay nothing.

You see when they open it, and you both keep notes on the plan in one thread, so questions arrive before the meeting instead of during it.

Insights reads across your book and lists the clients retiring soonest and the birthdays coming up, with the age each client or spouse is turning. Turning 65 or 71 changes a plan, so the list gives you a reason to reach out first, before the client has to ask.

And as you prepare, EVA, Optiml's AI assistant, answers questions about the client's plan, while the AI Validator checks each client's inputs for outliers before the plan runs.

Pricing at a glance

Pricing across the three self-serve Canadian tools is close, built around the same $69, $99 and $149 a month price points.

*As reported by Advisor.ca in December 2024; Snap's figures are consistent with current review listings. **RazorPlan's site, October 2026. Optiml prices are in Canadian dollars, plus GST/HST. Last checked: October 2026.

Snap and RazorPlan each offer a $69 a month entry tier; Optiml starts at $99 a month. At the same monthly price, Optiml's annual price is lower than RazorPlan's: $990 against $1,070 a year at $99 a month, and $1,490 against $1,610 at $149.

The bigger difference is what the starting seat includes. Optiml's comes with the optimizer and HoldCo, OpCo and trust modelling. RazorPlan's optimizer is in its $149 a month Decumulation tier, and Snap's private corporation planning is in its reported $99 a month Business tier.

On Optiml, you pay one flat rate per advisor, nothing per client, and every plan starts with a 14-day free trial. The full breakdown is on the advisor pricing page.

Which should you choose?

• A fee-only practice of one to three advisors, growing its book: Optiml. Optimized plans on every client, clients who onboard themselves, reports under your name, and a 14-day free trial you can start today.
• An all-round practice that wants insurance illustrations and a one-page summary: Snap Projections.
• An insurance-led practice that wants protection analysis plus projections from $69 a month: RazorPlan.
• A large firm or insurer that needs the widest scope and enterprise integrations: NaviPlan.
• A bank or dealer rolling AI strategy ranking out across many advisors: Conquest Planning.
• An advice-only planner who wants a white-labelled portal with payment processing: Adviice.

Large enterprise rollouts, or insurance-led planning, may suit NaviPlan, Conquest, Snap or RazorPlan. Fee-only planners and small practices growing their book are who Optiml is built for. See how Optiml works for advisors, or book a demo.

Planning your own retirement rather than clients'? Our guide to the best retirement planning calculators and software in Canada is written for you.

Frequently asked questions

What is the best financial planning software for Canadian advisors in 2026?

For fee-only planners and small practices, Optiml. It optimizes every plan toward a client-chosen goal, lets clients onboard themselves by branded invite, includes HoldCo, OpCo and trust modelling, and charges one flat rate per advisor. Snap Projections and RazorPlan suit all-round and insurance-led practices, NaviPlan and Conquest Planning suit large firms, and Adviice suits advice-only planners.

Does Adviice have a version for advisors?

Yes. Adviice's advisor product is a white-label portal on your own domain that combines client relationships and payment processing, with client-led onboarding and AI-powered decumulation scenarios. It's aimed at advice-only planners. Advisor pricing isn't published, and the path in is booking an intro call. Adviice's consumer plan is $9 a month or $49 a year.

How much does Snap Projections cost?

As reported by Advisor.ca in December 2024, Advisor Professional is $828 a year (about $69 a month) and Advisor Business, which adds private corporation planning, is $1,188 a year. Stress Testing is a $96 a year add-on. Review listings show a 14-day trial, available to licensed Canadian advisors, planners and investment managers.

How much does RazorPlan cost?

On RazorPlan's site in October 2026, RazorPlan is $69 a month or $745 paid annually, RazorPlan Advanced is $99 a month or $1,070 annually, and RazorPlan Decumulation is $149 a month or $1,610 annually. Advanced adds life insurance, private corporation and estate planning, and Decumulation includes the decumulation optimizer. There's a 30-day free trial.

Is NaviPlan still available in Canada?

Yes. NaviPlan by InvestCloud is still sold in Canada, with Canadian legal terms on InvestCloud's site and trials on request. As reported by Advisor.ca in December 2024, a licence costs $2,500 a year including holding company planning, with the client portal at $1,000 a year and operating company planning at $500 a year.

Can a small Canadian practice sign up for Conquest Planning on its own?

Not yet. On September 14, 2026, Conquest announced self-serve access with a free trial for firms of 10 or fewer advisors, starting with practices in the United States. No Canadian timeline has been announced, and pricing isn't published. Conquest serves enterprise firms such as banks, dealers, insurers and credit unions.

Does Optiml send advisors clients?

No. Optiml doesn't refer or match its members to advisors, and it doesn't give you access to anyone's plan. It's planning software for the clients you bring: you add them yourself or invite them, and you only see an Optiml member's plan if they accept your invite and link their account.

How much does Optiml cost, and is there a free trial?

Advisor Core is $99 per advisor a month or $990 a year, and Advisor Pro is $149 a month or $1,490 a year. Firms with 10 or more advisors can talk to us about Enterprise. It's one flat rate per advisor, nothing per client, and clients view shared plans at no cost. Every plan starts with a 14-day free trial.

The Bottom Line

There's no single best planning tool for every Canadian advisor. There's the best one for your practice.

Banks, insurers and large dealers have platforms built for rollouts across hundreds of advisors. A fee-only planner or a practice of one to three has a different constraint: hours. The right software gives them back, with an optimizer that builds every plan toward your client's goal, clients who enter their own data, and reports with your name on them.

That's what we built Optiml to do. Start your 14-day free trial and run your next client plan on it.

Our strategies save you time and your clients taxes.