Top 12 Financial Planner Tools: Best Software for Investment & Budgeting in 2025

In 2025, financial planning tools integrated with emerging technologies such as artificial intelligence, machine learning, and cloud are changing how we manage finances. Take Betterment for example, a robo-advisor that uses AI-driven tools to manage client investments by automatically rebalancing portfolios based on market conditions. 

Such tools are democratizing access to sophisticated financial planning strategies. They allow individuals to make smarter investment decisions without needing extensive financial knowledge. 

In this blog, you’ll learn about such AI and ML driven financial planner tools that are improving how we manage finance. We’ll dive into the latest software for investment management, budgeting, and data-driven financial planning.

If you want to learn more about how AI and ML improve financial management tools, upGrad’s online AI and ML courses can help you. By the end of the program, you will be equipped with the skills to build AI models, analyze complex data, and solve industry-specific challenges!

Top 12 Financial Planner Tools: Key Features and Use Cases

Traditional financial planning methods are replacing more efficient, tech-powered tools that offer real-time insights, predictive analytics, and personalized strategies.

Imagine you’re a financial planner working with multiple clients, each with unique goals and needs. One day, a client calls you asking for advice on retirement savings. Thanks to your financial planner tools that leverage big data and data analysis, you can quickly pull up their data, generate personalized projections, and offer them solid advice based on current market conditions.

Here are some of the in demand courses designed to give industry-relevant insights your to financial planner career:

• upGrad’s professional certificate in financial modelling analysis (FMA)
• Master’s in International Accounting and Finance
• Master’s Degree in Artificial Intelligence and Data Science

AI-driven tools analyze past trends and forecast outcomes, allowing you to offer data-backed advice. This tech integration saves time on calculations, letting you focus on relationships and strategic decisions. Automated reporting keeps clients updated, strengthening trust in your financial management.

Here’s a quick overview of the best financial planning tools:

Now, let’s go over each of these financial planner tools in more detail:

1. Mint

Mint is a personal finance tool designed to help individuals track their spending, manage their budget, and stay on top of their financial goals. It automatically categorizes your transactions and provides a visual overview of your financial health.

Source: Mint

Key Features:

• Automatically categorizes your spending and sets up a budget.
• Organizes all your expenses into categories like groceries, utilities, etc.
• Lets you set goals for savings, debt repayment, and more.

Benefits:

• Provides a comprehensive view of all financial accounts in one place.
• Automatically categorizes spending, simplifying budgeting.
• Offers free access to a wide range of useful features.

Limitations:

• Lacks advanced investment tracking and portfolio management.
• Does not offer detailed financial planning or retirement tools.
• Occasionally experiences syncing issues with some financial institutions.

Use Case Example: Ananya, a 30-year-old marketing professional, struggled to control her spending and save for an emergency fund. After hearing about Mint, she linked her bank accounts and credit cards, allowing the app to track her expenses automatically. 

Mint's budgeting tool highlighted areas where she could cut back, like dining out and entertainment, and helped her set a goal to save 10% of her income monthly. Within months, thanks to Mint’s real-time insights and simple tracking, Ananya reduced unnecessary spending and built an INR 2,25,000 emergency fund.

Also Read: Artificial Intelligence in Banking 2025: Examples & Challenges

2. Personal Capital

Personal Capital is an investment management and financial planning tool designed to help you track your investments, plan for retirement, and get a complete picture of your net worth. It offers detailed insights into your financial health, making it easier to manage both day-to-day expenses and long-term financial goals.

Source: Empower

Key Features:

• Tracks all your investments in one place, providing a clear overview.
• Helps you plan for retirement with detailed projections and advice.
• Calculates your net worth by aggregating data from all your accounts.

Benefits:

• Gives you a comprehensive view of your financial life.
• Helps you plan and track retirement goals with accurate forecasts.
• Offers tools for optimizing your investments, including a retirement fee analyzer.

Limitations:

• Premium features, including personalized advisory services, come with a fee.
• Focuses mainly on investment management, with less emphasis on budgeting.
• Some users report that syncing issues can occur with certain financial accounts.

Use Case Example: Ravi, a 35-year-old entrepreneur, wanted a clearer view of his investments and future retirement plans. After linking all his accounts to Personal Capital, he could see his complete portfolio performance in real time. The tool helped him assess his retirement readiness and identify high-fee investments that were draining his returns. 

By adjusting his portfolio based on these insights, Ravi not only improved his investment returns but also got on track to retire comfortably by 55, thanks to the tool’s easy-to-understand financial dashboard and planning features.

Also Read: Top 37 Finance Project Ideas & Topics [For Freshers & Experienced]

3. Wealthfront

Wealthfront is an automated investment management tool that takes the guesswork out of investing. With its robo-advisor feature, it provides tailored investment advice based on your financial goals and risk tolerance. Whether you’re saving for retirement or optimizing your tax strategy, Wealthfront offers hands-off investment management with smart automation.

Source: Wealthfront

Key Features:

• Automated portfolio management based on your goals and risk profile.
• Personalized retirement strategies and projections.
• Minimizes taxes by selling investments at a loss to offset gains.

Benefits:

• Offers a low-fee, hands-off investment solution with automated rebalancing.
• Helps optimize tax efficiency, saving you money on capital gains taxes.
• Makes retirement planning easier with clear projections and personalized advice.

Limitations:

• Limited customer support compared to traditional investment management.
• Focuses mainly on passive investment strategies, which may not suit all investors.
• Doesn’t offer as many investment options or advanced strategies.

Use Case Example: Priya, a 28-year-old tech professional, wanted to start investing for retirement but wasn’t sure where to begin. She turned to Wealthfront, which set up an automated portfolio based on her risk tolerance and long-term goals. 

Wealthfront’s tax-loss harvesting saved her money on taxes, and its retirement planning feature showed her exactly how much she needed to save each month to retire comfortably at 65. Thanks to Wealthfront’s automated management, Priya was able to grow her savings without constantly monitoring the market.

4. Yodlee

Yodlee is a powerful financial data aggregation tool that connects all your financial accounts in one place, providing you with a clear and detailed view of your financial situation. Whether you're tracking your spending, setting up a budget, or analyzing your financial health, Yodlee makes it easy to manage everything from one central dashboard.

Source: Yodlee

Key Features:

• Pulls data from multiple accounts into one platform.
• Links with thousands of financial institutions to provide transaction data.
• Helps you create and stick to a budget by categorizing and tracking expenses.

Benefits:

• Aggregates all your financial data, giving you a complete picture of your finances.
• Simplifies budgeting by automatically categorizing transactions.
• Helps you identify patterns and areas where you can cut back to save more.

Limitations:

• Lacks more advanced financial planning tools.
• Some users may find the platform’s interface less user-friendly.
• Limited integration with non-bank financial services or niche accounts.

Use Case Example: Amit, a 40-year-old consultant, found it difficult to track all his expenses across various accounts and credit cards. After setting up Yodlee, he linked his bank accounts, credit cards, and investment accounts to the platform. Yodlee automatically categorized his transactions and gave him real-time insights into his spending habits. 

Amit was able to set a budget based on his spending patterns and quickly noticed areas where he was overspending, such as dining out and subscription services. With Yodlee’s insights, Amit saved 15% on his monthly expenses and improved his overall financial management.

As a financial planner in an organization, you will need to evaluate financial metrics and performance. This is where upGrad’s free Financial Planning course can help you. This module covers key financial metrics, ratio analysis, and value-creation strategies that help businesses and investors make informed financial decisions.

5. Betterment

Betterment is a robo-advisor that focuses on simplifying investment and retirement planning. By using technology to create personalized portfolios, it helps you manage your investments without requiring deep financial knowledge. Betterment automates rebalancing and optimizes your portfolio for tax efficiency, making it an ideal tool for those looking for hands-off investment management.

Source: Betterment

Key Features:

• Creates portfolios based on your financial goals and risk tolerance.
• Ensures your investments stay aligned with your target allocation.
• Uses strategies like tax-loss harvesting to minimize your tax burden.

Benefits:

• Provides a hands-off, automated approach to investing.
• Maximizes returns by using tax-efficient strategies and automatically rebalancing.
• Makes retirement planning easier with clear projections and simple adjustments.

Limitations:

• Charges management fees, which can add up over time for smaller investments.
• Doesn’t offer the same level of customization as traditional financial advisors.
• Limited access to more complex investment strategies for experienced investors.

Use Case Example: Neha, a 32-year-old marketing manager, wanted to start investing for retirement but lacked the time or expertise to manage her portfolio. She turned to Betterment, which created a personalized portfolio based on her risk preferences. Over time, Betterment automatically rebalanced her investments and implemented tax-saving strategies. 

As a result, Neha saw her investments grow with minimal effort on her part. Betterment’s retirement planning tools gave her a clear path toward her retirement goal, making her feel confident about her financial future without the need for constant monitoring.

Also Read: Predictive Modelling in Business Analytics: Detailed Analysis

6. Quicken

Quicken is a robust personal finance tool that helps individuals and small business owners manage their finances. Whether you’re tracking everyday expenses, managing investments, or planning for taxes, Quicken provides comprehensive features to keep your financial life organized.

Source: Quicken

Key Features:

• Categorizes your spending to help you track where your money goes.
• Lets you monitor your investment portfolio and provides performance reports.
• Offers tools to plan for taxes, track deductions, and estimate your tax liability.

Benefits:

• Comprehensive financial overview, combining personal and business finances.
• Helps you stay on top of bills and avoid late fees with bill tracking and reminders.
• Offers tools for tax planning, making tax season less stressful and more organized.

Limitations:

• Requires a subscription, not ideal for those looking for a free solution.
• The interface can feel cluttered or complex for new users.
• Lacks automated investment management features that robo-advisors offer.

Use Case Example: Raj, a 45-year-old small business owner, used to struggle with tracking his personal and business finances separately. After switching to Quicken, he could link both his personal accounts and business transactions into one platform. The expense tracking feature helped Raj identify areas where he could cut back, and the bill management system ensured he never missed a payment. 

When tax season came around, Quicken's tax planning tools made it easy for Raj to estimate his tax liability and track deductions, saving him both time and money.

7. Tiller Money

Tiller Money is a financial tracking tool that uses automated spreadsheets to help you manage your personal finances. By syncing data from your bank accounts, credit cards, and investments, Tiller provides real-time updates while offering customizable templates for budgeting and financial planning.

Source: Tiller

Key Features:

• Offers fully customizable spreadsheets tailored to your financial goals.
• Automatically imports data from over 21,000 financial institutions.
• Automates tracking income and expenses, saving you time.

Benefits:

• Allows you to create financial tracking tools that suit your specific needs.
• Ensures your data is always accurate and up-to-date.
• Reduces manual tracking and provides real-time insights.

Limitations:

• Requires a paid subscription after a 30-day trial, which may not suit everyone.
• It can be overwhelming for users who are not familiar with spreadsheets.
• Doesn’t offer built-in investment management or retirement planning tools.

Use Case Example: Karan, a 30-year-old freelance graphic designer, had trouble keeping track of his irregular income and expenses. He turned to Tiller Money to create a customized budget that reflected his freelance work. By syncing his accounts, Tiller automatically tracked his income and categorized his expenses, allowing Karan to focus on his work rather than manually tracking every transaction. 

The automation helped him stay on top of his finances and save more for taxes. Within months, Karan was able to build a stable emergency fund, thanks to Tiller’s easy-to-use, customizable spreadsheets.

Also Read: Big Data Technology: Transforming Data into Actionable Insights

8. Wealthsimple

Wealthsimple is an investment management platform designed to make investing easy and accessible for everyone. With its low-fee portfolios, automatic rebalancing, and socially responsible investment options, Wealthsimple allows you to invest and save with confidence, whether you’re just starting or are an experienced investor.

Source: Wealthsimple

Key Features:

• Offers a range of investment portfolios with lower management fees.
• Ensures your portfolio stays aligned with your investment goals.
• Provides ESG portfolios to align your investments with your values.

Benefits:

• Makes investing accessible and allows you to keep more of your returns.
• Automates portfolio management, optimizing your investment strategy.
• Offers ethical investing options for investing in line with your values.

Limitations:

• Limited to the portfolios offered by Wealthsimple, so there’s less flexibility.
• Doesn’t provide a high level of personalized financial advice.
• Some advanced features are available only with a higher-tier plan.

Use Case Example: Maya, a 28-year-old teacher, wanted to start investing but didn’t have time to actively manage her portfolio. She chose Wealthsimple for its easy-to-use platform and low fees. After completing her risk profile, Wealthsimple set her up with a diversified portfolio. 

The automatic rebalancing feature ensured her investments stayed aligned with her goals, and the socially responsible investment options allowed her to invest in companies that matched her values. Maya now feels confident in her financial future and is on track to meet her retirement goals without spending hours managing her portfolio.

9. Simplifi by Quicken

Simplifi by Quicken is a personal finance software designed to help you manage your budget, track savings goals, and analyze cash flow. It offers an easy-to-use platform that automatically categorizes transactions, helping you stay on top of your finances without the hassle of manual entry.

Source: Quicken

Key Features:

• Automatically sorts your spending into categories, saving you time and effort.
• Tracks your income and expenses, giving you a real-time view of your cash flow.
• Helps you set and monitor progress towards your savings goals.

Benefits:

• Simplifies budgeting by providing an overview of your financial health.
• Provides actionable insights, helping you make adjustments where needed.
• Makes it easy to achieve your savings goals with clear progress indicators.

Limitations:

• Requires a paid subscription after a 30-day free trial.
• Doesn’t offer advanced investment tracking or retirement planning tools.
• Some users may find the interface basic compared to more feature-rich tools.

Use Case Example: Ravi, a 32-year-old software engineer, struggled to track his spending and save for a vacation. After switching to Simplifi by Quicken, he linked all his accounts, and the app automatically categorized his transactions. The cash flow analysis feature showed him where he was overspending, especially on dining out. 

With Simplifi’s savings goals tracking, Ravi set a target to save ₹50,000 for his vacation. In just a few months, he was able to reach his goal by cutting back on unnecessary expenses and sticking to his budget.

If you’re aiming for financial management roles, you can also showcase your experience in emerging technologies with upGrad’s Professional Certificate Program in Data Science and AI. Along with earning Triple Certification from Microsoft, NSDC, and an Industry Partner, you build actual Projects on Snapdeal, Uber, Sportskeeda, and more.

Also Read: Top 5 Big Data Applications in Banking & Insurance

10. Zoho Books

Zoho Books is a comprehensive accounting software designed for small businesses to streamline financial management. It simplifies tasks such as invoicing, expense tracking, bank reconciliation, and financial reporting, making it easy for entrepreneurs to stay organized and on top of their finances.

Source: Zoho

Key Features:

• Create professional invoices, track payments, and manage overdue payments.
• Syncs with your bank accounts to automatically reconcile transactions.
• Detailed reports, including profit/ loss, balance sheets, and cash flow statements.

Benefits:

• Automates routine accounting tasks like invoicing and reconciliation.
• Helps you stay on top of your expenses and manage cash flow efficiently.
• Customizable financial reports help you make informed business decisions.

Limitations:

• Larger organizations may find it lacks the advanced features they need.
• Some users report a steeper learning curve when setting up advanced features.
• Doesn’t offer payroll management, which might require additional integration.

Use Case Example: Neha, a 40-year-old freelance consultant, was managing her finances manually, which made it difficult to keep track of expenses and issue invoices on time. After switching to Zoho Books, she was able to create customized invoices and automatically track her expenses. 

The bank reconciliation feature saved her hours of manual work, and the financial reporting tools gave her clear insights into her business performance. Thanks to Zoho Books, Neha now spends less time on bookkeeping and more time growing her business.

11. Expensify

Expensify is a cloud-based expense management software designed to streamline the process of tracking and reporting business expenses. It offers a user-friendly platform for employees and business owners to track receipts, submit expenses, and create reports with ease. Expensify simplifies expense approval workflows, making it a great solution for businesses looking to enhance efficiency and control over their financial data.

Source: Expensify

Key Features:

• Receipt scanning and automatic data extraction for quick expense logging.
• Integration with accounting software like QuickBooks and Xero for seamless financial tracking.
• Multi-level approval workflows for expense submissions.

Benefits:

• Automates receipt scanning, reducing manual data entry.
• Streamlines approval workflows, saving time and reducing errors.
• Offers integrations with major accounting platforms to sync data effortlessly.

Limitations:

• Some users report difficulty in setting up the approval workflows initially.
• Can become expensive for smaller businesses or freelancers with limited expense needs.
• Lacks advanced project management features, making it less suited for large-scale operations.

Use Case Example: Rajesh, a project manager at a growing tech firm, was struggling to keep track of the expenses incurred by his team while traveling for client meetings. Manual tracking and paperwork took up too much time. After adopting Expensify, Rajesh was able to quickly scan receipts and categorize expenses. 

The software automatically synced the data with his company’s accounting system, eliminating the need for manual entry. With Expensify’s approval workflows, Rajesh and his team could easily submit their expenses, which were quickly approved by finance. As a result, Rajesh saved hours each month on administrative tasks, allowing him to focus on his core responsibilities.

12. Mvelopes

Mvelopes is a budgeting tool based on the classic envelope method, which is designed to help individuals manage their finances by allocating specific amounts of money to different spending categories. With real-time transaction tracking and cloud synchronization, Mvelopes makes it easier to stick to your budget and achieve your financial goals.

Source: Mvelopes

Key Features:

• Automatically tracks your spending as it happens and updates your budget.
• Helps you set and monitor progress toward financial goals.
• Syncs across devices, so your budget and financial data are always up to date.

Benefits:

• Keeps your spending on track by using the envelope method.
• Helps you prioritize savings and debt reduction by setting clear financial goals.
• You can make informed decisions about your finances as you go.

Limitations:

• The envelope method may not suit those who prefer more traditional budgeting.
• Mvelopes requires a paid subscription for full access to all features.
• Some users find the interface less intuitive compared to other budgeting tools.

Use Case Example: Anjali, a 29-year-old graphic designer, had a hard time managing her finances with fluctuating monthly income. After trying Mvelopes, she set up envelopes for different categories like groceries, entertainment, and savings. The app tracked her transactions in real-time, helping her stay within budget. 

Mvelopes also allowed her to set specific financial goals, and within six months, she had saved enough for a vacation and reduced her credit card debt. The envelope method and cloud synchronization made budgeting simple and effective for her busy lifestyle.

Also Read: 10 Key Importance of Financial Planning Leads to Success in 2025!

Now that you’re familiar with the best financial planning tools out in the market, let’s look at some factors to consider when choosing the right software.

How to Choose the Best Financial Planner Tools? Key Factors

When selecting financial planner tools in 2025, prioritize software that offer advanced features and adaptability. You need tools that can handle real-time data and integrate effectively with other financial systems.

For example, Personal Capital provides real-time portfolio tracking and retirement planning, allowing users to monitor their investments and adjust strategies. Without such capabilities, traditional tools may fall short when it comes to managing dynamic, high-value portfolios or responding quickly to market changes. 

Similarly, tools like Mint that integrate with your bank and credit card accounts automatically track expenses and categorize spending. This immediate feedback allows you to make quick adjustments and avoid overspending, something manual tracking simply cannot achieve.

Here are some factors to consider when selecting the best financial planner tools:

• Performance: Opt for tools that provide fast processing, especially when dealing with complex financial data. For example, tools that offer AI-driven insights or real-time data analysis can help you make quicker, data-backed decisions.
• Scalability: With businesses and personal finances growing more interconnected, select tools that can scale with your needs. Look for platforms that can handle both small budgets and larger, more complex financial portfolios, and can adapt as your financial strategies evolve.
• Ease of Use: The financial tools you choose should not only be intuitive but also capable of streamlining processes like budget tracking or investment monitoring. Consider tools with user-friendly dashboards that can help you focus more on strategy than navigation.
• Cost: Evaluate the cost-benefit ratio, as some financial tools now offer flexible pricing models, including pay-per-use or subscription-based plans. In 2025, it’s important to invest in tools that offer scalability without unnecessary overhead costs.
• Integration Capabilities: Choose tools that allow easy integration with other systems or apps. In 2025, financial tools must support integrations with blockchain technologies, AI-based investment models, and cloud-based platforms to provide a seamless experience for managing personal finances or business portfolios.

These factors will ensure the financial planner tools you choose are not just relevant today, but will continue to meet your growing financial needs in the future.

Also Read: 5 New Data Analytics Roles that will Define the Future of Banking

Now that you know how to choose the right financial planner tools, the next step is to upskill yourself. Let’s explore how upGrad can help you advance in your financial management career.

Learn Financial Planning with upGrad! 

Top financial planners boost decision-making with AI, machine learning, and real-time data analytics, improving efficiency and gaining a competitive edge. This approach enables smarter, data-driven choices.

upGrad helps you adapt to this evolving market, with courses on financial management, AI tools, and investment strategies. This will equip you with the skills needed to excel as a financial planner! 

Here are some of the top upGrad’s advanced programs to help you gain job-ready expertise: 

• Financial Modelling & Analysis Certification Program
• Masters in International Accounting and Finance (Integrated with ACCA, UK)
• Business Analytics Certification Courses

upGrad also offers focused diplomas and certifications for fast-tracked upskilling in AI, data modeling, and market intelligence:

• Executive Diploma in Data Science & AI with IIIT-B
• Professional Certificate Program in AI and Data Science

If you're ready to take the next step in your career, connect with upGrad’s career counseling for personalized guidance. You can also visit a nearby upGrad center for hands-on training to enhance your skills and open up new career opportunities!

Enhance your expertise with our Popular MBA Courses. Explore the programs below to find your ideal fit.

Explore our Popular MBA Courses

Expand your knowledge with our Popular Articles Related to MBA. Browse the programs below to discover your ideal match.

Read Our Popular Articles Related to MBA

Reference Link:
https://www.researchandmarkets.com/reports/5806874/financial-planning-software-market-report