— 12 MIN Updated
Best Investment Proposal Software for Financial Advisors (2026)
A sourced 2026 comparison of investment proposal software for financial advisors: Genesis Risk Monitor, StratiFi, Investipal, YCharts, Kwanti, Nitrogen, Orion, VRGL and Envestnet, with pricing where published.
Genesis Risk Monitor publishes this blog and develops one of the products discussed. Comparisons reflect the publisher's perspective. Confirm current features and pricing directly with each provider. Editorial policy
The best investment proposal software for financial advisors does more than produce an attractive PDF. It should help the firm move from a prospect’s portfolio to analysis, a comparison with the recommended approach, and a client-ready document, without rebuilding the same work in several systems.
This page is a software comparison of nine tools advisors meet when they shortlist proposal software. It does not explain how to analyze a prospect portfolio step by step or why document editability matters in depth. For those topics, see How to Analyze a Prospect Portfolio Before the First Proposal and Why Editable Investment Proposals Matter.
How We Evaluated
Disclosure: this article is published by Genesis Risk Monitor, which is one of the tools compared. Read it with that commercial perspective in mind.
On October 25 and 26, 2026, we read each vendor’s public product and pricing pages. Kwanti’s site could not be re-checked on those dates, so its entry uses our October 2, 2026 review. Every vendor statement below is limited to what those pages document, and each entry links to its source. We did not test the products while signed in, so “not stated” means the reviewed page does not say, not that the feature is missing.
We compared the tools on:
- Portfolio-data intake (statements, connections, uploads)
- Portfolio analysis and current-versus-proposed comparison
- Risk measures and risk profiling
- Proposal customization, branding and disclosures
- Export formats and editability
- Adjacent workflows (IPS, compliance, onboarding, billing)
- Whether pricing is published
Comparison Table
| Platform | Best for | Proposal output (as documented) | Published pricing |
|---|---|---|---|
| Genesis Risk Monitor | Solo advisors and small RIAs that want analysis, model comparison and an editable proposal in one workflow | Editable proposal exported to Word (DOCX) or PDF, with templates and firm branding on Pro. See a sample proposal | Pro $138.99/month, including 300 proposals |
| StratiFi | Firms that want risk questionnaires, a portfolio risk score, IPS e-signature and compliance in one platform | Branded templates with firm logos, colors and disclosures; shared templates and approval workflows. Format not stated | Annual plans from $5,995 |
| Investipal | Firms that want AI-assisted intake through onboarding and billing | Current-versus-proposed proposals with AI-drafted commentary and client-specific IPS. Format not stated | Not published |
| YCharts | Research-led teams that build proposals from YCharts data | Risk & Proposal Manager with 30+ drag-and-drop modules, firm branding and disclosures. Format not stated | Not published |
| Kwanti | Advisors who want focused portfolio analysis and branded reports | Branded reports alongside portfolio analysis and stress testing | Not asserted |
| Nitrogen | Practices built around a risk-tolerance conversation | Proposal and IPS report elements within the Risk Center | Risk Center $199/month |
| Orion Risk Intelligence | Firms on Orion Portfolio Accounting | Proposal generator and IPS solution | Not published |
| VRGL | Teams that start from prospect statements and want white-labeled output | White-labeled proposals and reports, with presentation design as an option | Not published |
| Envestnet | Advisors on the Envestnet wealth platform | Proposal document connected to financial plans, product research and account setup | Not published |
1. Genesis Risk Monitor
Best for: independent financial advisors and small RIA teams that want portfolio analysis, model comparison and proposal creation in one connected workflow.
Genesis Risk Monitor organizes the process as Analyze → Compare → Propose. Advisors review a client or prospect portfolio’s allocation, concentration, risk measures (including Value at Risk and Expected Shortfall), factor exposure and scenarios; compare it with a model they created; and carry the selected findings into an editable proposal.
The investment proposal software supports document-level editing, saved templates and firm branding. Proposals export to Word (DOCX), so the advisor can keep editing the narrative and disclosures, or to PDF for delivery. Proposal Builder is included on Pro at $138.99 a month with 300 proposals.
Where it is the wrong choice: Genesis Risk Monitor has no risk-tolerance questionnaire, IPS e-signature, compliance monitoring, CRM, billing or trade execution. Firms that need those in the same platform should look at StratiFi, Investipal or Orion.
Source: Genesis Risk Monitor pricing, checked October 26, 2026.
2. StratiFi
Best for: firms that want risk alignment, proposals, investment policy statements and compliance in one platform.
StratiFi’s InvestIQ compares current portfolios with alternatives across asset allocation, risk, return, yield and expenses, with factor exposure and risk attribution. Proposals use customizable templates with firm logos, colors and disclosures, and teams can share templates and set approval workflows. The reviewed page does not state the export format. StratiFi publishes annual plans starting at $5,995.
For a detailed side-by-side, see Genesis Risk Monitor vs StratiFi.
Sources: StratiFi proposals, checked October 26, 2026; StratiFi pricing, checked October 25, 2026.
3. Investipal
Best for: firms that want one platform from statement intake to onboarding and billing.
Investipal extracts holdings and cost basis from PDF statements, builds portfolios from goals or risk, and creates current-versus-proposed proposals with AI-drafted commentary for advisor review. It also generates client-specific investment policy statements and covers onboarding and fee billing. Its risk pages document historical stress scenarios, concentration with fund look-through, and rebalancing strategies that generate trade recommendations. Pricing is not published.
Sources: Investipal and Investipal risk management, checked October 26, 2026.
4. YCharts
Best for: research-led advisory teams that want proposals built from the same research platform.
YCharts’ Risk & Proposal Manager compares a client’s current portfolio with the advisor’s recommended approach. Reports are assembled from more than 30 drag-and-drop modules and carry the firm’s logo, colors and custom disclosures, and Quick Extract reads uploaded prospect statements. YCharts lists Analyst, Presenter, Professional and Enterprise plans without published prices.
Sources: YCharts proposals and YCharts plans, checked October 26, 2026.
5. Kwanti
Best for: advisors who want a focused portfolio-analysis tool with branded reports.
Kwanti documents portfolio intake, portfolio analysis, performance, allocation, fees, stress testing and branded reports. It is a narrower analysis product than the platforms above, which suits advisors who already have other systems for IPS, onboarding and compliance.
Source: Kwanti product overview, checked October 2, 2026.
6. Nitrogen (formerly Riskalyze)
Best for: practices whose prospect process is built around a risk-tolerance conversation.
Nitrogen’s Risk Center scores client comfort with risk as a Risk Number from 1 to 99 and shows a 95% Historical Range for the portfolio. The Risk Center plan includes a risk tolerance questionnaire, statement capture, proposals, stress tests and IPS report elements, at $199 a month. Nitrogen sells other Centers separately or as a $495-a-month Complete Bundle.
For more options in this category, see our guide to Riskalyze (Nitrogen) alternatives.
Sources: Nitrogen Risk Center and Nitrogen pricing, checked October 26, 2026.
7. Orion Risk Intelligence
Best for: firms already using Orion Portfolio Accounting.
Orion Risk Intelligence assesses clients with a 3D Risk Profile (risk required, capacity and preference), runs more than 100 macroeconomic stress scenarios, and tracks allocation drift. It includes a proposal generator and an IPS solution, and holdings flow in from Orion Portfolio Accounting. Pricing is not published on the reviewed page.
Source: Orion Risk Intelligence, checked October 26, 2026.
8. VRGL
Best for: teams that start from prospect statements and want white-labeled output.
VRGL lists statement extraction, analytics, model comparison, a risk tolerance questionnaire, an account transition builder, and white-labeled proposals and reports, with presentation design as an advanced option. The reviewed page does not name specific risk measures or export formats, and pricing is through sales.
Source: VRGL for independent advisors, checked October 26, 2026.
9. Envestnet
Best for: advisors who build proposals inside the Envestnet wealth platform.
Envestnet’s proposal tool incorporates client risk, offers in-line product research while building models, and can start from a financial plan with pre-populated data. It also covers account restrictions, fee customization, signature gathering and deposit setup. The reviewed page does not state output formats or pricing.
Source: Envestnet proposal tool, checked October 26, 2026.
Choosing by Firm Size
- Solo advisors and small RIAs (1 to 10 advisors): published monthly pricing and a short setup matter most. Genesis Risk Monitor and Nitrogen publish monthly prices; choose Genesis Risk Monitor for quantitative analysis and editable Word proposals, or Nitrogen for a risk-score conversation.
- Growing teams standardizing their process: shared templates, approval workflows and IPS documents become important. StratiFi, Investipal and YCharts document those team features.
- Enterprise firms and broker-dealer platforms: governance and integration with the firm’s existing platform usually decide it. Envestnet, Orion and VRGL’s enterprise offering are built for that setting.
If You’re Affiliated With a Broker-Dealer
Advisors affiliated with a broker-dealer, such as Cambridge, Osaic, Kestra or Raymond James, usually work inside a technology stack the home office already provides. A proposal you hand to a client is also a communication your firm supervises.
Before you add a third-party proposal tool:
- Check whether your broker-dealer keeps a list of approved or reviewed vendors, and how to request a review for a tool that is not on it.
- Ask whether proposals created outside firm-provided systems need compliance review before delivery, and which disclosures must appear.
- Confirm what client data can leave firm systems, and whether a read-only broker connection or a manual upload is acceptable.
- Prefer editable output. A DOCX export lets you add required disclosures and firm language without rebuilding the document.
A separate analysis-to-proposal tool can sit next to firm-provided systems as the place where you prepare the portfolio evidence, while the firm’s own tools remain the system of record. Genesis Risk Monitor does not claim approval by any broker-dealer, so confirm with your home office before using it, or any tool in this list, with clients.
Final Thoughts
Proposal software should reduce duplicate work without reducing the advisor’s control over the client narrative. The strongest option is the one that fits the firm’s actual prospect process, keeps the analysis consistent, and produces a document the advisor can confidently review, customize and present.
Before purchasing, verify current plans, integrations, exports and feature availability directly with each provider. To see what a Genesis Risk Monitor proposal and risk report look like, view the sample proposal and risk report.
Disclaimer: This article is for informational purposes only. Product capabilities and pricing may change. Verify current information directly with each provider.
Frequently asked questions
What is the best investment proposal software for financial advisors?
There is no single best tool. Solo advisors and small RIAs that want analysis and an editable proposal in one place often look at Genesis Risk Monitor or Nitrogen, which publish monthly prices. Firms that need risk questionnaires, IPS e-signature or compliance monitoring look at StratiFi, Investipal or Orion. Enterprise and broker-dealer platforms often use Envestnet or VRGL.
What should advisors compare in proposal software?
Compare portfolio-data intake, analysis depth, current-versus-proposed comparison, document editability, branding, export formats, compliance controls, published pricing, and how well the software fits the firm's prospect workflow.
Why does editable export matter?
Editable export, such as a Word (DOCX) file, lets the advisor refine commentary, structure, disclosures and firm-specific content after the proposal is generated, instead of being limited to a fixed PDF.
Which proposal tools publish their pricing?
As checked on October 26, 2026: Genesis Risk Monitor (Pro at $138.99 a month), StratiFi (annual plans from $5,995) and Nitrogen (Risk Center at $199 a month) publish prices. YCharts, Investipal, Orion, VRGL and Envestnet ask advisors to contact sales.
Can broker-dealer-affiliated advisors use third-party proposal software?
Often, but it depends on the broker-dealer. Check whether the tool needs home-office review, which disclosures proposals must carry, and what client data may leave firm systems before using it with clients.
Sources
- Genesis Risk Monitor pricing · Checked
- StratiFi: create investment proposals · Checked
- StratiFi pricing · Checked
- Investipal · Checked
- Investipal risk management · Checked
- YCharts proposals · Checked
- YCharts plans · Checked
- Kwanti product overview · Checked
- Nitrogen Risk Center · Checked
- Nitrogen pricing · Checked
- Orion Risk Intelligence · Checked
- VRGL for independent advisors · Checked
- Envestnet proposal tool · Checked
