MyOwnFP
MyOwnFP is web-based financial planning software for Canadian DIY investors and financial advisors.
What MyOwnFP is
MyOwnFP is web-based financial planning software for Canadian DIY investors and financial advisors. It lets users create, compare, and save scenarios, then explore them through a planning grid, cash-flow visualization, account charts, and comparison views. Its models include Canadian accounts and benefits such as TFSA, RRSP, CPP/QPP, OAS, GIS, and pensions, alongside tax tables for federal, provincial, and territorial jurisdictions. The service supports cash-flow modeling, tax and investment planning, and scenario analysis. Subscribers can share a client with another MyOwnFP subscriber, such as an advisor. The Free plan is free and requires no credit card. Standard costs $40 a year and includes five clients; Unlimited costs $140 a year and includes unlimited clients. MyOwnFP says it hosts the service on AWS in Canada, uses HTTPS for browser communications, and encrypts stored data at rest. Google is used for login and Stripe handles payment processing. Banking information is not required, and the company says data without a subscription may be deleted at its discretion.
Good
- Models Canadian accounts, benefits, and tax jurisdictions
- Create, compare, and save planning scenarios
- Free plan requires no credit card
- Subscribers can share a client with another subscriber
Watch out
- Free plan is limited
- Standard is limited to five clients
- Data without a subscription may be deleted at the company's discretion
Who it suits
It suits Canadian DIY investors and advisors who want to model cash flow, taxes, investments, and alternate scenarios. Advisors can share a client with another subscriber.
Verdict
MyOwnFP centers on Canadian planning, with scenario comparisons and tax calculations alongside cash-flow and account views. The free plan offers a way to start, while paid plans distinguish client limits.
Plans and prices
From MyOwnFP's own pricing page, checked 7 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Free | Free | Limited · Standard plan currently free for use · No credit card required |
| Standard | $40 a year | 5 Clients · Unlimited Scenarios · All basic account types · All charting · Scenario Comparisons · Sweep runs · Flexible saving and income rules · Yearly tax calculations · CPP(QPP)/OAS calculations · Year |
| Unlimited | $140 a year | Unlimited Clients · Year |
The facts
Each one read from MyOwnFP's own pages, with the date it was checked.
What it does
- Authentication
- MyOwnFP uses Google as its identity provider for login.checked 7 Oct 2026
- Bank connections
- The company says it does not require banking information and that entered data is standalone.checked 7 Oct 2026
- Cloud hosting
- The company says it deploys the service on AWS in Canada.checked 7 Oct 2026
- Data retention
- The privacy policy says data without a subscription may be deleted at MyOwnFP’s discretion.checked 7 Oct 2026
- Encryption
- The security policy says browser communications use HTTPS and stored data is encrypted at rest.checked 7 Oct 2026
- Intended audience
- The company describes the product for Canadian DIY investors and financial advisors.checked 7 Oct 2026
- Payments
- Stripe handles payment processing, and MyOwnFP says its code and servers do not see credit card information.checked 7 Oct 2026
- Purpose
- MyOwnFP is financial planning software for Canadian DIY investors and advisors.checked 7 Oct 2026
- Sharing
- Subscribers can share a client with another MyOwnFP subscriber, such as an advisor.checked 7 Oct 2026
- Support
- Users can contact the company at [email protected] with questions, feedback, bugs, or feature requests.checked 7 Oct 2026
- Tax support
- MyOwnFP provides tax tables for Canadian federal, provincial, and territorial jurisdictions.checked 7 Oct 2026
Money
- Canadian planning
- The software models Canadian accounts and benefits including TFSA, RRSP, CPP/QPP, OAS, GIS, and pensions.checked 7 Oct 2026
- Planning views
- The service provides a financial planning grid, cash flow visualization, account charts, and scenario comparisons.checked 7 Oct 2026
- Scenario planning
- Users can create and compare scenarios and save useful scenarios for future review.checked 7 Oct 2026
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