Built for your advisor.
Held by you.
RightCapital is excellent financial-planning software — but it's sold to advisors by the seat, and you can't buy it as a household. Formation is the picture you hold yourself — with a read-only seat for your advisor and CPA coming soon.
No charge today · Cancel in two clicks · Founding price $199/yr, locked for as long as you stay
What RightCapital does well
It's one of the most respected planning platforms in the advisor world — a top-3 tool by advisor market share and a repeat leader in advisor satisfaction (the 2024 Kitces Report). Deep retirement, tax, and Monte Carlo planning, a clean client portal, and a low price point for the firms that run it. If you're an advisor, it's a genuinely strong choice — and we'll say so.
Feature by feature
RightCapital
advisor software
Formation
one plan · $199/yr founding
RightCapital is sold per advisor seat (Basic $149.95 / Premium $209.95 / Platinum $254.95 per advisor per month) and is not available to consumers directly. Prices per rightcapital.com/pricing as of June 2026.
Independent signals
We'll give RightCapital its due.
RightCapital is advisor software with a small but strong review base — and a genuinely good reputation among planners. The honest contrast isn't quality; it's who the tool is for.
Among advisors, RightCapital is genuinely well-regarded — a top-tier planning platform with a real satisfaction track record. But it's a tool the advisor holds and drives; a household can't buy it, and it carries no legal-entity model, cross-custodian wash-sale engine, or per-number citations. Formation is built for the household to hold directly — and to make the advisor relationship better, not replace the advisor's software.
Top 3 advisor market share · 2024 T3 survey (wealthmanagement.com) · 4.6 / 5 13 reviews (G2) · Advisors only not sold to consumers (rightcapital.com)
The RightCapital question
Different seats at the same table.
RightCapital is the software your advisor drives on your behalf; you see the output through their portal. Formation is the opposite arrangement — you hold the whole household yourself, organized by entity and cited to the source, and your advisor or CPA gets a read-only seat (coming soon). It isn't a RightCapital replacement so much as the client side of the table RightCapital never built.
Common questions
Is Formation a good RightCapital 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 RightCapital so you can judge the fit for your own situation.
How much does Formation cost compared to RightCapital?
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 RightCapital.
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.
The household side of the planning table.
Hold your own picture — every custodian and entity, cited to the source — and give the professionals you trust a read-only seat (coming soon).
No charge today · Cancel in two clicks · Founding price $199/yr, locked for as long as you stay
Full pricing details