For most registered investment advisers that want one back-office system, Orion Advisor Solutions is the default pick, with Black Diamond close behind for reporting-led firms, and Wealthbox is the clear CRM pick at $65 per user per month. Only Wealthbox publishes a starting price on its official pricing page opened on 2026-11-12, while Orion, Black Diamond, eMoney, RightCapital, Advyzon, Tamarac and Nitrogen are all quote only. Planning splits into two clear paths: eMoney offers Plus for goals-based planning, Pro for cash flow planning and Premier for both, while RightCapital offers Basic, Premium and Platinum with the same step-up in depth.
RIA means Registered Investment Adviser, a firm registered with the United States Securities and Exchange Commission or a state regulator to give investment advice for a fee. The platforms in this list are built for those advisory firms, not for retail investors, and each one covers a different part of the firm: portfolio accounting, financial planning, risk, trading, or client records. Pick the core job first, then check the price model, the plan limits, and the contract term before you sign.
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Best ria platforms: comparison table
Swipe the table sideways on a phone to see every column.
| # | Name | Best for | Starting price | Free plan / trial | Link |
|---|---|---|---|---|---|
| 1 | Orion Advisor Solutions | RIAs needing portfolio accounting and billing | quote only | No | Visit |
| 2 | Black Diamond Wealth Platform | Reporting-led firms with complex households | quote only | No | Visit |
| 3 | eMoney Advisor | Firms that plan through goals and cash flow | quote only | Free trial | Visit |
| 4 | RightCapital | Advisors who want visual, modular planning | quote only | Free trial | Visit |
| 5 | Advyzon | Firms wanting one data foundation for all work | quote only | No | Visit |
| 6 | Envestnet Tamarac | RIAs built around trading and rebalancing | quote only | No | Visit |
| 7 | Nitrogen | Advisors who lead with client risk | quote only | No | Visit |
| 8 | Wealthbox | Small RIAs needing an advisor CRM | $65 per user/month | Free trial (14 days) | Visit |
The 8 best best ria platforms, in detail
Orion Advisor Solutions
Best for: RIAs needing portfolio accounting and billing
Orion Portfolio Accounting is the back-office engine of the Orion stack. It covers performance reporting, advisory fee billing, household-level data, direct-custodian reconciliation, household rebalancing and trading, a client portal, a mobile app, professional services for operations support, cloud data warehousing, and data services. Each module can be used on its own or as part of the Foundation, Essentials, or Advantage Stacks.
- Pricing is based on firm size, assets under management, and configuration, and Orion asks firms to contact it for a tailored quote and a demo.
- Redtail CRM has been part of Orion since its acquisition in 2022, so the CRM sits inside the same stack as the accounting engine.
- Choose Orion when the back office is the priority and you want accounting, billing, trading, planning, compliance, and CRM under one agreement.
- Choose a narrower tool when you only need planning or CRM, because the stack price will reflect the full bundle.
Pros
- Portfolio accounting, performance reporting and AUM fee billing in one engine
- overnight custodian reconciliation and household rebalancing
Cons
- No published price, so budgeting needs a written quote
- stacks bundle modules, so a small firm may buy more than it needs
Black Diamond Wealth Platform
Best for: Reporting-led firms with complex households
Black Diamond Wealth Platform, from SS&C, is built around portfolio management and reporting for wealth managers, financial advisors, and family offices. It covers data aggregation and accounting, portfolio management and reporting, trading and rebalancing, a client experience portal, billing, CRM, trust, retirement, and compliance tools. The client portal gives each household a configurable view of performance, projected income, allocations, activity, and documents.
- SS&C does not publish a standard price for Black Diamond, so a firm needs an itemised quote that covers software, implementation, conversion, integrat
- Choose Black Diamond when client reporting is the centre of the decision, especially for households with multiple entities, outside assets, and altern
- Choose a smaller all-in-one platform when your book is simple and a full wealth suite would add setup work without a matching gain.
Pros
- Cloud-native reporting and client portal with daily data reconciliation
- trading and rebalancing, billing, CRM and trust tools in one suite
Cons
- No published price, so cost needs a written quote
- breadth may be more than a solo practice needs to set up and run
eMoney Advisor
Best for: Firms that plan through goals and cash flow
eMoney Advisor, a Fidelity Investments company, sells planning in three packages. Plus focuses on simple, holistic goals-based planning. Pro supports comprehensive and advanced cash flow planning.
- Premier includes both goals-based and cash flow-based planning tools, along with the Premium Client Portal and mobile app.
- CoPlanner helps advisors build plans faster by analysing client facts and generating strategies for the advisor to review, refine, and decide on, and
- eMoney offers guided onboarding, live training, and data migration support, and its support team is available Monday through Friday, 8:00 a.m.
- to 8:00 p.m.
Pros
- Plus for goals-based planning, Pro for cash flow planning, Premier combines both
- Premium Client Portal and CoPlanner for faster plan creation
Cons
- No published price on the official products page
- Premium Client Portal is part of Premier, so the full portal experience needs the top package
RightCapital
Best for: Advisors who want visual, modular planning
RightCapital offers three tiers of financial planning subscriptions. Basic covers core planning modules, Snapshot, Blueprint, Cash Flow Maps, a client portal and mobile app, a secure Vault, lead generation, custom branding, integrations, and support, with 40 or more integrations listed. Premium adds account aggregation, budgeting, RightIntel, RightRisk, Tax Analyzer, RightExpress, and Iris, the AI planning agent.
- Platinum adds team collaboration, firm-level assumptions and models, and RightFlows workflow management.
- RightExpress, in Premium, helps advisors build a simplified plan for prospects using up to six RightCapital modules, with fast prospect data capture a
- Premium and Platinum subscribers can add assistant access for an additional monthly fee, and firms with 50 or more advisors are directed to the Enterp
- Choose RightCapital when you want visual plans that clients can follow, with a clear upgrade path from Basic to Platinum.
Pros
- Basic, Premium and Platinum tiers with clear step-ups
- Premium adds account aggregation, Tax Analyzer, RightIntel, RightRisk, RightExpress and Iris
Cons
- No price shown on the official pricing page opened on 2026-11-12
- all plans require an annual commitment for the first year
Advyzon
Best for: Firms wanting one data foundation for all work
Advyzon was founded in 2012 to build all-in-one technology for advisory firms, and its platform runs portfolio management, reporting, billing, CRM, secure document management, rebalancing, a client portal and mobile app, financial planning, goals-based investing, and Advyzon AI from a single data foundation. The enterprise version unifies billing, reporting, investment management, and CRM for aggregators, broker-dealers, banks, wirehouses, and global firms, with multi-currency support and cross-border compliance in the same system. Advyzon Investment Management adds managed portfolios, a model marketplace, and a Sphere platform of professionally managed models.
- Choose Advyzon when you want to replace several point tools with one system that shares the same data, and when billing rules and reporting templates
Pros
- Portfolio management, reporting, billing, CRM, document management and rebalancing on one data foundation
- multi-currency portfolios and cross-border compliance for enterprise use
Cons
- No published price, so cost needs a written quote
- enterprise breadth may be more than a small firm needs to set up and run
Envestnet Tamarac
Best for: RIAs built around trading and rebalancing
Envestnet Tamarac is an integrated portfolio management and reporting platform for independent registered investment advisers. It covers trading and rebalancing, performance reporting, a client portal, a proposal tool, unified managed accounts, and a CRM built on Microsoft Dynamics 365, with direct indexing, tax overlay, and custom models for tailored portfolios. Tamarac connects to Envestnet managed accounts and MoneyGuide, so firms already using those Envestnet tools can keep their planning and managed-account work close to the portfolio system.
- Report Studio, the newer reporting tool, is presented as taking advisors from data to client-ready reports in minutes, with AI assistance, consistent
- Choose Tamarac when trading, rebalancing, and reporting drive the firm, and when your team already relies on Envestnet managed accounts or MoneyGuide.
- Check the UMA contract point in writing before you sign, because it is a separate agreement on top of the core platform.
Pros
- Trading, rebalancing, reporting, CRM, client portal and UMAs in one RIA system
- Report Studio is presented as turning 30 to 60 minute reporting tasks into five minute workflows
Cons
- No published price, so cost needs a written quote
- bringing Envestnet UMAs into Tamarac needs a separate Unified Managed Accounts contract
Nitrogen
Best for: Advisors who lead with client risk
Nitrogen, formerly Riskalyze, is a growth platform for advisors that starts with risk. Its Risk Center covers a risk tolerance questionnaire, statement capture, proposals, lead generation, portfolio risk, stress tests, scenarios, heatmaps, 401k retirement plans, and an advisor marketing kit. The Complete Bundle adds the Research Center, Income Center, Tax Center, Legacy Center, and Insurance Center, while the Elite Bundle covers a narrower set of those centres.
- Nitrogen requires a minimum subscription term of one year, and month-to-month subscriptions are not available.
- Cancellation requests must be submitted more than 30 days before the renewal date, or the subscription may renew for another term.
- Data from inactive Nitrogen accounts is stored for 90 days, and after 90 days of inactivity all Risk Numbers, reports, and client data are permanently
- Choose Nitrogen when risk conversations open every client relationship and you want proposals, research, income, tax, and insurance work in one place.
Pros
- Risk Center with Risk Number questionnaire, statement capture, proposals, stress tests and scenarios
- Research, Income, Tax, Legacy and Insurance Centers in the Complete Bundle
Cons
- Minimum subscription term of one year, with no month-to-month option
- cancellation needs more than 30 days notice before renewal
Wealthbox
Best for: Small RIAs needing an advisor CRM
Wealthbox is a CRM built for financial advisors, and it is the only platform in this list with a published starting price on its official pricing page opened on 2026-11-12. Basic costs $65 per user per month and covers contact and household management, task management, 1 opportunity pipeline, calendar and meetings, and 2 GB file storage. Pro costs $85 per user per month and adds workflows and automations, two-way email sync, broadcast email, and 3 opportunity pipelines.
- Premier costs $119 per user per month and adds customisable dashboards, 5 workspaces, and 10 GB file storage.
- Enterprise is custom priced and adds enterprise single sign-on, a dedicated account manager, unlimited workspaces, and priority enterprise support.
- A 14-day free trial is offered on Basic, Pro, and Premier.
- For a firm with 5 users, Basic costs $3,900 per year, Pro costs $5,100 per year, and Premier costs $7,140 per year at the listed monthly prices.
Pros
- Basic at $65 per user per month with contacts, households, tasks, calendar and 2 GB file storage
- Pro adds workflows, two-way email sync and broadcast email
Cons
- Basic allows only 1 opportunity pipeline and 2 GB file storage
- AI Notetaker is an add-on, not included in any plan
How we chose
We chose platforms that serve registered investment advisers as a core audience, with a live official site and a real product for portfolio work, planning, risk, trading, or CRM. Prices and plan limits in this article come from official vendor pricing pages and product pages opened on 2026-11-12. Where a vendor showed no price on the page we opened, we wrote quote only instead of repeating a third-party figure. We did not test any tool hands-on.
Which platform fits your firm
| Firm need | Pick | Key number from this article |
|---|---|---|
| Full back office for a growing RIA | Orion Advisor Solutions | 3 stacks: Foundation, Essentials, Advantage |
| Reporting-led firm with complex households | Black Diamond Wealth Platform | Quote only; no published price |
| Planning only, goals-based or cash flow | eMoney Advisor or RightCapital | RightCapital: 40 or more integrations; RightExpress uses up to 6 modules |
| Risk-led client conversations | Nitrogen | 1 year minimum term; 30 days cancellation notice; 90 days data retention |
| One system for portfolio, billing, CRM and reporting | Advyzon or Envestnet Tamarac | Tamarac Report Studio: 30 to 60 minute tasks presented as five minute workflows |
| Advisor CRM for a small team | Wealthbox | Basic $65, Pro $85, Premier $119 per user per month; 5 users on Basic costs $3,900 per year |
Frequently asked questions
What does RIA mean in best ria platforms?
RIA means Registered Investment Adviser, a firm registered with the United States Securities and Exchange Commission or a state regulator to give investment advice for a fee. The platforms in this list are built for those advisory firms, with portfolio, planning, risk, trading, and CRM tools, rather than for retail investors who manage their own accounts.
How much do RIA platforms cost?
Wealthbox is the only platform in this list with a published starting price, at $65 per user per month for Basic, $85 for Pro, and $119 for Premier. Orion, Black Diamond, eMoney, RightCapital, Advyzon, Tamarac, and Nitrogen are all quote only on the official pages opened on 2026-11-12, so ask each vendor for a written quote before you budget.
Which RIA platform is best for a small firm?
Wealthbox is the best fit for a small firm that needs a CRM first, at $65 per user per month with a 14-day free trial. RightCapital is a strong fit for planning-led small firms, and Advyzon is a strong fit for small firms that want portfolio, billing, CRM, and reporting in one system, though both of those need a quote.
Which RIA platform is best for financial planning only?
eMoney Premier is the best fit when a firm needs both goals-based and cash flow planning in one platform, with the Premium Client Portal included. RightCapital Premium is the best fit when a firm wants visual planning with account aggregation, Tax Analyzer, RightIntel, RightRisk, RightExpress, and Iris in one tier.
Can I switch RIA platforms later?
Yes, but plan the move before the contract ends. Check the term, the cancellation notice, data export, and conversion fees in writing. Nitrogen needs more than 30 days notice before renewal and deletes client data 90 days after an account becomes inactive, so export reports and client records before the account closes.
Do any RIA platforms offer a free trial?
Yes. Wealthbox offers a 14-day free trial on Basic, Pro, and Premier. eMoney and RightCapital also offer a free trial, though their prices are quote only. Orion, Black Diamond, Advyzon, Tamarac, and Nitrogen do not list a free plan or a free trial on the pages opened for this article.
Sources
- https://orion.com/
- https://orion.com/advisor-tech/portfolio-accounting
- https://sscblackdiamond.com/
- https://emoneyadvisor.com/
- https://emoneyadvisor.com/Products/
- https://www.rightcapital.com/
- https://www.rightcapital.com/pricing
- https://www.advyzon.com/
- https://www.advyzon.com/enterprise-solutions/
- https://www.envestnet.com/tamarac
- https://nitrogenwealth.com/
- https://nitrogenwealth.com/pricing
- https://www.wealthbox.com/
- https://www.wealthbox.com/pricing/
Prices and features were read on each company’s own website in November 2026. They change often, so confirm the current offer on the official site before you sign up or buy.