Copilot vs Formation

Beautiful budgeting.
Built for one balance sheet.

Copilot is a gorgeous, AI-assisted budgeting and net-worth app. Formation is for households whose money spans many custodians, legal entities, and a CPA — where budgeting is the easy part.

No charge today · Cancel in two clicks · Founding price $199/yr, locked for as long as you stay

What Copilot does well

Best-in-class design, fast AI transaction categorization, and a genuinely delightful app experience. For personal budgeting and net-worth tracking on a phone, it's hard to beat.

Feature by feature

Copilot

Copilot Money

Formation

one plan · $199/yr founding

Budgeting & spending
Net worth & account aggregation
Investment tracking
Legal-entity model — trust · LLC · joint
Cross-custodian wash-sale-aware TLH
Every number cited to its source
K-1 / partnership ingestion
Equity comp — RSU/ISO/ESPP, AMT
Multi-state tax exposure
Forecasting / Monte Carlo
Platform
Price
$13/mo · $95/yr
$199/yr founding · $349/yr list

Copilot features and prices per copilot.money / public sources as of June 2026.

The shipped feature, captured live from the demo's sample household.

Independent signals

We'll give Copilot its due.

Ratings cluster high across the category — Copilot's distinction is design, and its platform. We'll say both plainly.

Copilot earns its design reputation — it's genuinely the best-looking budgeting app around, and Apple-only. But beautiful budgeting on one balance sheet is a different problem than a household across many custodians and entities, where the numbers need citations and the trust needs to know it owns the LLC.

4.8 ★ Apple App Store · 29K ratings (App Store) · $13/mo or $95/yr (copilot.money) · iOS / Mac no Android app (App Store)

The Copilot question

Polish for the picture you can already see.

Copilot makes a single balance sheet beautiful. It doesn't model the trust that owns the LLC, reconcile a sale at one broker against a buy at another, or hand your CPA a cited, entity-organized brief. When your money outgrows one screen, you need depth — not just more polish.

Common questions

Is Formation a good Copilot alternative?

Formation is built for households whose finances have outgrown a single-login tool: money spread across many custodians, more than one legal entity (trusts, LLCs, S-Corps), equity compensation, K-1s, and multi-state tax — unified in one view, organized by the entity that owns each account, with every number traced back to its source. The feature-by-feature table above lays out where Formation differs from Copilot so you can judge the fit for your own situation.

How much does Formation cost compared to Copilot?

Formation is one plan with full access — $29.99/month or $349/year list, and founding members lock $17.99/month or $199/year for as long as they stay subscribed. Every subscription starts with a 7-day free trial; there is no free tier and no percentage-of-assets (AUM) fee. The pricing row in the comparison table above shows how that lines up against Copilot.

Can Formation handle trusts, LLCs, equity compensation, and K-1s?

Yes. Formation models every account by the legal entity that owns it (personal, joint, trust, LLC, S-Corp), tracks RSUs, ISOs, NSOs, and ESPP with alternative-minimum-tax awareness, ingests Schedule K-1s from PDF, and runs cross-custodian, wash-sale-aware tax-loss harvesting across all your brokers at once. AURA, Formation's education-only AI, explains and analyzes these numbers but never gives personalized advice, places trades, or moves money.

When budgeting is the easy part.

Bring every custodian and entity into one cited view — and keep the polish.

No charge today · Cancel in two clicks · Founding price $199/yr, locked for as long as you stay

Full pricing details

Formation Money provides financial planning software and educational content, not personalized investment, legal, or tax advice. Formation Money is not a registered investment adviser. For personalized guidance, work with your own CPA or a licensed financial adviser.

How we compute and cite every number →

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