masterplanner.com

What It Is

MasterPlan Financial Software is a comprehensive personal financial planning platform for financial advisors and professional planners. Its core product is “MasterPlan: The Analyst.” It is used to record, analyze, and present a client’s financial position from the current year through retirement and expected life expectancy, covering assets, liabilities, income, expenses, Social Security, taxes, and more. The product has a long history: the site indicates that the company has been operating since 1989, while the software was first released in 1985.

Core Features and Integrations

Its features cover retirement planning, estate planning, life insurance capital needs, budgeting, cash flow and tax planning, education and disability needs analysis, balance sheets, what-if scenario analysis, and more. It also includes less common capabilities such as business valuation, real estate analysis, and investment modeling. Reporting is a major focus: users can generate predefined reports, ad hoc charts, text reports, one-page summaries, and detailed projection reports. For third-party data, it supports security price updates from NASDAQ and Yahoo Finance, and can import client and holdings data via Albridge Web Services. Report Services can also export Microsoft Word files so advisors can further edit them.

Pricing and Trial

Pricing is not the typical monthly SaaS model; instead, it uses a local software license plus maintenance fee structure. Example prices include a single-user Professional edition with 1 station and 6 months of maintenance for $995, a Network Professional edition with 1 station for $1,245, and a Network edition for 2 professional users for $1,620. Annual maintenance starts at $500 and includes support and updates. Additional stations, professional users, assistant users, and network upgrades can be purchased. A fully functional trial is available, allowing users to enter new clients and print reports, limited to 30 uses or about 45 days.

Pros and Cons

The strengths are its broad financial planning model coverage, rich report types, and ability to support different client communication styles. The trial period also includes support and Web Conference access, making service contact relatively direct. The downsides are that the product clearly follows a more traditional desktop/LAN software model, and the website content and technical descriptions feel dated. It does not disclose modern enterprise software features such as cloud deployment, granular permissions, audit logs, encryption, compliance certifications, or open APIs.

Best Fit and Access from China

It is better suited to financial advisors, financial planners, or small advisory teams serving U.S. clients who need in-depth financial planning and report delivery. Since its tax rules, Social Security assumptions, report samples, and payment methods are all oriented toward the U.S. market, wealth management firms in China should carefully assess local tax, regulatory, and data compliance fit before adoption. The available text does not make it possible to determine access conditions from China. Payment supports international credit cards and company checks. Alternatives include eMoney Advisor, MoneyGuidePro, and RightCapital; in China, local investment advisory or wealth management systems should be compared first.