Range manages your money for you.
Formation puts the controls in your hands.
Range is an ambitious AI-plus-human wealth manager for high earners — dedicated CFPs, active investment management, tax and equity-comp planning, all for a flat annual fee instead of a percentage of assets. But Range's model is to be your adviser and manage your money. Formation's is the opposite: an independent, cited intelligence layer, driven by its proprietary AI (AURA), that reads your real accounts across every custodian, never takes custody, and puts a professional-grade picture in your own hands — so a self-directed household can run its own money and still hand its CPA an organized, cited pack at tax time.
No charge today · Cancel in two clicks · Founding price $199/yr, locked for as long as you stay
What Range does well
Range bundles what most tools don't: a dedicated CFP, active portfolio management, and tax, estate, and equity-comp planning — under a flat fee rather than an AUM percentage, which is genuinely fairer than the 1%-of-assets norm for households with real balances. If you want a team to take the wheel and manage your money for you, Range is one of the most modern ways to do it, and we'll say so.
Feature by feature
Range
AI + human wealth management
Formation
one plan · $199/yr founding
Range is a registered investment adviser offering flat-fee (non-AUM) wealth management; membership tiers and prices per range.com public sources as of 2026 and subject to change — verify current pricing at range.com. Formation is not an RIA and does not manage money.
Independent signals
We'll give Range its due.
Range and Formation solve adjacent problems from opposite directions, so we compare models, not star ratings.
Range is a real, modern take on wealth management — a flat-fee alternative to the 1%-of-assets adviser, with AI and human CFPs. But it is a registered investment adviser whose model is to manage your money on its own platform. Formation is the opposite by design: not an RIA, no custody, no personalized advice — an education-only intelligence layer that reads every custodian, models the entity structure, and cites every number, so a self-directed household can manage its own wealth and keep its own CPA.
Flat fee membership · not AUM (range.com) · AI + CFP adviser-led, managed money (range.com) · You delegate Range holds the wheel (Range)
The Range question
Delegate the wheel, or hold it yourself?
Range's answer is to manage your money and be your adviser; Formation's is to hand you a cited, entity-aware picture and let you drive. Range invests on its own platform; Formation reads your real accounts across every custodian and gives you a trade list you run yourself, with every number sourced, computed, or estimated so you can check it. One model takes custody and advises. The other keeps you in control — which is exactly what a capable, self-directed household with a trust, a K-1 pile, and a CPA at tax time actually wants.
Common questions
Is Formation a good Range 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 Range so you can judge the fit for your own situation.
How much does Formation cost compared to Range?
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 Range.
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.
Keep control. Add the intelligence.
See your whole household — every custodian and entity, cited to the source — and run your own money, with the professionals you already trust looped in when it counts.
No charge today · Cancel in two clicks · Founding price $199/yr, locked for as long as you stay
Full pricing detailsCompare Formation to other tools