Home / Comparisons / Empower vs Monarch
Empower vs Monarch (2026)
Price, free plan, features and SEC status side by side, from each company's own pages and the SEC database (verified 2026-10-26).
Empower
- Personal Dashboard: Free
- Personal Strategy (investment services, $100K–$249,999): 0.89%/yr
- Wealth management ($250K–$999,999): 0.89%/yr
- Private clients: 0.79% first $3M → 0.69% next $2M → 0.59% next $5M → 0.49% over $10M
Free plan: yes · Trial: n/a (dashboard is free)
Best for: Free net-worth and fee tracking
Our take: The free dashboard is excellent. The managed service at 0.89% costs more than most flat-fee AI options here.
Try EmpowerMonarch
- Core: $99.99/yr (≈$8.33/mo); $14.99 monthly
- Plus: $199.99/yr (≈$16.67/mo)
Free plan: no · Trial: 7 days, payment method required
Best for: Couples and households sharing a budget
Our take: One of the best budgeting apps. It isn't an AI adviser. Think of it as excellent tracking.
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Feature by feature
| Empower | Monarch | |
|---|---|---|
| Starts at | Free dashboard | $8.33/mo |
| Free plan | yes | no |
| Free trial | n/a (dashboard is free) | 7 days, payment method required |
| Budgeting | not listed | yes |
| Planning | yes | yes |
| Portfolio analysis | yes | yes |
| Manages money | yes | not listed |
| SEC-registered adviser | Yes, CRD 112058 | Not found in IAPD |
| AI feature | Automated portfolio management and a free tracking dashboard. No AI chatbot is listed on the pages we fetched | AI Assistant ('ask anything'), weekly summaries |
| Last verified | 2026-10-26 | 2026-10-26 |
Which should you pick?
- Empower is best for: Free net-worth and fee tracking.
- Monarch is best for: Couples and households sharing a budget.
These picks are our editorial opinion. The facts above link to their sources on each app's page.
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