AssetView Advantages over Monarch Money
The Key Difference
AssetView
AssetView is focused on investing and portfolio management. AssetView is your balance sheet, investment income, and performance dashboard with support for transactions and calculation of multiple-on-money, cash and date based internal-rates-of-return, and yield.
Monarch Money
Focused on home budgeting.
| Feature / Dimension | AssetView | Monarch Money |
|---|---|---|
| Privacy & Data Control | ✅ Yes, your personal investment data is yours; it isn't shared or sold ✅ Your credentials aren't stored ✅ You choose if you want to share your portfolio with a family member, friend, or advisor | ✅ Subscription model; does not sell your personal data |
| Cost | Essential edition is free | Moderate (typically $99.99/year, with a monthly option) |
| Accessibility | Individuals + offices | Individuals |
| Asset Class Coverage | ✅ Full coverage; Public + Private (alternatives, real estate, crypto, etc.) | 🔻 Partial coverage |
| Entity & Relationship Mapping | ✅ Yes - trusts, entities, beneficiaries | ❌ No mappings |
| Transaction-Level Intelligence and Analytics | ✅ Yes - IRR, multiples, cost basis, projections, cash flows | 🔻 Focused on checking accounts; not investments |
| Detailed Planning | ✅ Yes (liquidity, tax, projected lifetime wealth; rules-based and transactional) | 🔻 Home budget planning excels; not focused on investment planning |
| Flexible Dashboards/Workflows | ✅ Yes - flexible dashboard plus layouts | 🔻 Customizable dashboard widgets, but less flexible workflow and layouts |
| Customize with Apps | ✅ Yes - AssetView App Store | ❌ No |
| Ease of Adoption | ✅ Easy individual adoption | ✅ Easy consumer onboarding; designed for home budgeting |
| Free Trial | ✅ 30 days | ✅ 14 days |
| Free Edition Available | ✅ Yes, sign up for Essential Edition that is free | ❌ Not available |