Xplan

Xplan is financial planning and wealth management software for advice practices, from individual advisers to large networks. It supports work from client discovery and onboarding through advice implementation and ongoing reviews, using workflows, templates, automation and modelling tools. Advisers can present strategies and products in charts, comparison tables and visualisations, while Xplan Portfolio supports building, reviewing and maintaining investment portfolios. Client records and documents are managed alongside dashboards, reporting and workflow tools. Compliance functions include regulatory updates, compliance workflows and an audit trail of changes to client files and recorded activity. The product is modular and configurable, with options from essential tools to enterprise packages. It supports retail, face-to-face, online and telephone advice. Its open API architecture and standard or custom integrations can connect other applications; standard integrations rely on client permission. Xplan is hosted web software, and XplanTouch provides access on iOS and Android devices. Pricing depends on selected package and modules and is available on request. The maker was founded in 1993 and is headquartered in Melbourne, Victoria, Australia.

Xplan combines advice workflows, client records, modelling and portfolio tools in a configurable web-based platform. Its package and module choices are tailored to business requirements, with pricing provided on request.

Xplan suits financial advice and wealth businesses that need client workflows, modelling and portfolio management. Its configurable modules are intended to accommodate practices ranging from individual advisers to large networks.

Overview

Xplan is a hosted financial-advice and wealth-management platform for practices that need to coordinate client records, advice work and investment portfolios. It is best suited to firms willing to select and configure modules around their business; the trade-off is custom pricing rather than a published entry point.

Its scope spans onboarding, advice delivery, implementation and ongoing reviews, with support for retail, face-to-face, online and telephone advice. Individual advisers and large networks are both in its intended range, but the configurable package makes it a more natural fit for organisations with defined operational requirements than for someone seeking a simple, fixed-scope planning tool.

Key features

Advice workflows and client records

Xplan keeps client data and documentation in one system, with dashboards, workflow management and reporting. Workflows cover onboarding and reviews, while Advice Toolkit provides templates and automation. This breadth can help a practice organise recurring work in the same environment as its records; firms should still choose the modules and templates that match their processes rather than assume every capability is bundled together.

Planning and portfolio work

Modelling tools present advice concepts, strategies and products through charts, comparison tables and visualisations. Planning functions cover cash flow, goals, tax, scenarios, insurance and investments. Xplan Portfolio adds tools to construct, review, analyse, configure and maintain investment portfolios, a useful combination for firms that want portfolio activity alongside advice records.

Compliance and integrations

Regulatory and legislative updates, compliance workflows and a CRM audit trail of changes to client files and recorded activity support oversight. Iress says its data security practices are ISO/IEC 27001 certified. The platform also integrates with over 450 third-party data providers and software vendors, and its open API architecture is intended to let firms build a wider technology ecosystem.

Standard integrations require client permission, and either standard or custom integrations can be activated at the discretion of the client and site administrator. That control gives firms a say over connections, but integrations are not simply enabled without regard to permissions and administration.

Mobile access

XplanTouch provides access to Xplan functions on iOS and Android phones and tablets. The core platform is fully hosted and web-based, with mobile access extending it beyond a desktop browser.

Pricing

Xplan is paid software with custom pricing. The package and modules are selected to fit business requirements, and prospective customers are directed to contact Iress or book a demo. That structure makes sense for firms whose requirements vary, but it does not give smaller practices a public price to compare before engaging sales.

Iress describes options including essential tools, Advice Toolkit templates and workflows, and an enterprise package. The choice is therefore about matching the package to the firm’s operating needs; no fixed seat allowance, trial period or renewal term is provided. Support requests go through Iress Connect, whose service desk operates weekdays from 8 am to 6 pm Toronto time, excluding national bank holidays.

Platforms

Xplan is available on the web, with Android and iOS access through XplanTouch. An API is also part of the platform, supporting firms that want to connect or build around their Xplan setup.

Who it's for

Xplan suits financial-advice and wealth-management firms that need client management, advice workflows, planning and portfolio functions in a configurable system. Practices delivering advice across several channels may value its support for retail, face-to-face, online and telephone models. It is less compelling for buyers who need a transparent, fixed price or a narrowly focused tool without a package-selection process.

Pros and cons

Pros

• Broad advice coverage: workflows, client records, modelling, planning and portfolio management sit within one platform.
• Configurable for different practices: package and module choices address both standard needs and firms seeking customised setups.
• Large integration ecosystem: connections to over 450 third-party providers and an open API can support a firm’s wider technology environment.
• Controls and compliance support: audit trails, compliance workflows and permission-based integration activation support operational oversight.

Cons

• No public price: custom pricing and a sales-led demo path make cost comparisons harder before a conversation with Iress.
• Configuration takes decisions: firms must select packages, modules and integrations to fit their processes, rather than rely on a single fixed package.
• Integration activation is governed: standard connections require client permission, and site administrators or clients determine whether integrations are activated.

Alternatives

For a different adviser-software option, compare Advyzon, a paid service on Android, iOS and web. FinStak is worth considering when a free plan or trial matters: its Basic plan is $60 a month, billed at $60 per user per month or $70 month-to-month, with a $500 setup fee and CRM-only scope; its Pro plan is $80 a month, billed at $80 per user per month or $90 month-to-month. For an annual CRM plan with a stated per-user price and minimum-seat condition, AdvisorEngine CRM costs $69 a year, billed per user per month annually, with a three-user minimum, all features, priority support and unlimited document storage.

Advisor360° CRM is another paid Android, iOS and web option, with pricing available through sales. Dynamic Planner supports Android, iOS, web and API; its Tram plan is £8 a year, billed at £8 per client per year, with VAT applying and bundle pricing available with Review or Review Plus. For a paid planning option with an annual subscription paid monthly per adviser, MoneyGuide offers MyBlocks Individual for $125 a month, including self-registration for prospecting and access to more than 20 blocks.

Orion Portfolio Accounting is an alternative for buyers considering a portfolio-accounting package: Foundation starts at $13,000 a year. eMoney Advisor is another paid option, with Pro pricing based on organisational needs and estimates provided by eMoney. For broader comparisons, see financial advisor software, financial planning software and portfolio management software.

Verdict

Xplan is a strong fit for advice and wealth firms that want client records, workflow automation, planning and portfolio tools in a configurable hosted platform. Its main reason to choose it is the breadth of advice and investment work it brings together, supported by a substantial integration ecosystem. Look elsewhere if public pricing or a simpler, predefined package is essential before engaging with sales.