Xplan

Overview

Xplan is a configurable financial-planning and wealth-management platform for advice practices, from individual advisers to large networks. It is best suited to firms that want client records, advice workflows and portfolio tools in one hosted system; firms should weigh that breadth against custom pricing and the need to configure integrations.

Its scope runs from client discovery through implementation and ongoing review, with tools for modelling advice and managing investments. Advice can be delivered face-to-face, online, by telephone or through retail channels.

Key features

Advice workflows and client records

Xplan brings client data and documents together with dashboards, workflow management and reporting. Workflows support onboarding and reviews, while Advice Toolkit offers templates and automation. That combination can help practices coordinate recurring advice work, though firms should choose modules around their own processes rather than assume every capability comes in one fixed package.

Planning and portfolio tools

Modelling presents advice concepts, strategies and products through charts, comparison tables and visualisations. Planning covers cash flow, goals, tax, scenarios, insurance and investments. Xplan Portfolio supports constructing, reviewing, analysing, configuring and maintaining portfolios, making the platform relevant to firms that want investment work alongside client advice records.

Compliance, hosting and integrations

Regulatory and legislative updates, compliance workflows and a CRM audit trail of changes to client files and recorded activity support oversight. The fully hosted, web-based platform has an open API and connects with more than 450 third-party data providers and software vendors. Standard and custom integrations can help firms build a broader technology ecosystem, but activation is subject to client and site-administrator discretion; standard integrations also rely on client permission.

Iress states that its data security practices are ISO/IEC 27001 certified. XplanTouch provides access to Xplan functions on iOS and Android phones and tablets.

Pricing

Xplan is paid, with custom pricing. The package and modules are selected to fit business requirements, and Iress invites prospective customers to book a demo or contact sales. Essential tools, Advice Toolkit templates and workflows, and an enterprise package give firms configuration options, but there is no public price to compare before starting a sales conversation.

There are no published seat limits, usage quotas, trial terms or renewal terms to weigh. Support requests go through Iress Connect; its service desk operates 8 am–6 pm Toronto time on weekdays, excluding national bank holidays.

Platforms

Xplan is a hosted web platform with API architecture and support for iOS and Android. XplanTouch extends access to Xplan functions on phones and tablets. The platform’s advice-delivery channels—retail, face-to-face, online and telephone—give firms flexibility in how they serve clients, rather than indicating additional software platforms.

Who it's for

Xplan suits financial-advice and wealth-management firms that need configurable workflows, client records, modelling and portfolio management, whether they are individual practices or larger networks. It is particularly relevant to firms with varied advice channels or a technology stack they want to connect through standard or custom integrations. A small practice seeking a simple, publicly priced tool may find the custom package and sales-led pricing harder to assess.

Pros and cons

• Broad advice coverage: workflows span onboarding through ongoing reviews, with planning, modelling and portfolio functions in the same platform.
• Configurable packages: firms can select modules and choose from essential tools, Advice Toolkit or enterprise options instead of taking one fixed configuration.
• Large integration ecosystem: connections to more than 450 providers and vendors, plus an open API, support firms building around existing systems.
• Permissions affect integrations: standard and custom integrations require client or administrator activation, which can add coordination to deployment.
• Custom pricing: firms must contact Iress to establish package costs, limiting upfront price comparison.

Alternatives

For a broad comparison of tools in this category, see Financial Advisor Software and Financial Planning Software.

MoneyGuide is worth considering for advisers who want access to 20-plus blocks and can budget 125.00 USD per month on an annual subscription billed monthly per advisor; it also offers a free trial. Conquest may suit US-based independent advisers and boutique firms, typically teams of 10 or fewer, that can join its free waitlist; its 14-day trial is upcoming. eMoney Advisor is another paid option with a free trial and pricing that varies by organizational needs.

RightCapital may appeal to advisers seeking a Basic plan at 149.95 USD per year per advisor per month, with an annual commitment for the first year, and a free trial. Fin365 is a paid web alternative with a free trial. intelliflo office is a paid web and API option with custom pricing and no free trial. AdviceOS uses modular pricing, requires its Base CRM for all users and offers packages and volume discounts. Snap Projections is a paid web alternative.

Verdict

Xplan is a strong fit for advice and wealth firms that need a configurable system spanning client workflows, planning and portfolio management, particularly where integrations and multiple advice channels matter. Its breadth and hosted delivery are the main reasons to choose it; custom pricing and permission-dependent integration activation are reasons to look elsewhere if transparent costs or simpler setup matter more.