Family Office vs Monarch

We make Family Office. Every fact about another app here comes from its own public pages, linked below and dated; where those pages do not say, the cell is blank. Family Office's column comes from its own code.

Who Monarch suits

Monarch is a budgeting and net worth app for households in the US and Canada, made to share with a partner or a professional; Monarch Plus adds forecasting and business tracking.

Side by side

Feature	Family Office (ours)	Monarch
US tax	Federal and state income tax (51 regimes, one per state and DC), capital gains and dividends with the net investment income tax, 85 percent of Social Security taxed (the statutory maximum) and IRMAA on Medicare premiums, year by year in the plan, and federal estate tax on the estate it leaves	Plus forecasting uses adjustable flat defaults: 15% on investment gains and 20% income tax in retirement
Canadian tax	Federal and provincial income tax (13 regimes, one per province and territory), capital gains at the inclusion rate, dividends with the gross-up and credit, the OAS recovery tax and RRIF minimum withdrawals, year by year in the plan, and the tax at death on RRSP, RRIF, LIRA and LIF balances
Other countries	122 tax regimes in 34 countries; a move from one to another in the plan on Premium and up	US and Canada; prices billed in USD
Monte Carlo	The chance of success on every plan, the Free plan included; the paths and the fan chart on Gold and Platinum
Companies and trusts	On Platinum: any number of companies, sole traders, partnerships or trusts, beside the household	Plus: a sole proprietorship, single-member LLC or rental, each with its own profit and loss
Property	Homes and rentals with their mortgages, purchases and sales: 1 on Free, 3 on Premium, no limit on Gold and Platinum	Real estate in net worth; Plus forecasts life events such as buying a home
Pensions	UK: SIPP, ISA, Lifetime ISA, Junior ISA and State Pension. US: 401(k), IRA, Roth IRA, 529 and Social Security. Canada: RRSP, RRIF, TFSA, FHSA, RESP, CPP and OAS. Other pension income as an annuity.
Bank links	Through Plaid (United States and Canada): 2 on Premium, 10 on Gold and Platinum	Yes, through Plaid, Finicity, MX and Spinwheel
Free plan	Yes, with no card and no time limit: up to 8 items, one taxpayer and a projection of 5 periods. The paid plans start with 14 days free, card needed. The calculators are free, with no account.	None listed; the first week is free
Price	$15 to $59 a month (£12 to £49, CA$20 to CA$79); a year costs the price of 10 months	$14.99 a month or $99.99 a year; Monarch Plus $199 a year
Where data is kept	Amazon Web Services in London (eu-west-2); bank links (Plaid), payments (Stripe) and maps (Google) through US providers; e-mail through Google Workspace; see the privacy policy for the full list
Export	The whole plan as a file you can import again, on every plan; the report printed to PDF on the paid plans; budget transactions as CSV

A blank cell: Monarch's public pages did not say.

When Monarch is the better choice

You live in the US or Canada and want budgeting first: transactions, budgets and spending from your linked accounts.
You run a sole proprietorship, a single-member LLC or a rental and want each one's profit and loss (Monarch Plus).
You want a forecast built from the income, spending and balances already pulled in from your accounts (Monarch Plus).

When Family Office is the better choice

You want US tax worked out in the plan: each state's own income tax brackets, the net investment income tax year by year, and federal estate tax on the estate the plan leaves.
You want Canadian tax worked out in the plan: federal and provincial income tax, the dividend gross-up and credit, the OAS recovery tax and RRIF minimums year by year, and the tax at death on RRSP, RRIF, LIRA and LIF balances.
Your life spans more than one country: 122 tax regimes in 34 countries, and a move from one to another in the plan (Premium and up).

Sources

Facts about other apps checked on 2026-11-10. Prices and features change: each app's own page is the reference.

Other comparisons

Try Family Office