Best AI for AdvisorsDisclosure: Some links on this page may be affiliate links, which means we may earn a commission at no extra cost to you. Listings are independent and sponsored placements are always labeled. Learn more.
Income Lab vs RightCapital
Short answer: Income Lab is best for advisors whose clients mostly ask retirement income, roth conversion and social security questions; RightCapital is best for advisors who want intuitive planning tools. On price, Income Lab is From $199/mo ($1,990/yr annual) and RightCapital is From $149.95/advisor/mo (as of October 23, 2026). Book demos of both and test them on your real workflow.
| Income Lab | RightCapital | |
|---|---|---|
| What it is | Retirement income planning software for advisors with spending guardrails, tax planning and Penny, an AI paraplanner. | Financial planning software focused on ease of use and client engagement. |
| Best for | Advisors whose clients mostly ask retirement income, Roth conversion and Social Security questions | Advisors who want intuitive planning tools |
| Category | Financial planning software | Financial planning software |
| Free option | 14-day free trial of Pro (credit card required). | 14-day trial offered. |
| Starting price | From $199/mo ($1,990/yr annual) | From $149.95/advisor/mo |
| Key capabilities |
|
|
| Skip it if | You need full cash-flow planning for complex businesses and estates in one enterprise platform. | You need month-to-month software for a short project. |
| Details | Income Lab overview | RightCapital overview |
About Income Lab
Income Lab says its platform covers retirement income planning with spending guardrails and stress testing, Roth conversion and tax-aware withdrawal planning, Social Security claiming analysis and broader planning such as college funding. Its Pro plan adds Penny, an AI paraplanner that can build a plan from meeting notes or old plans, analyze an uploaded 1040 and search a whole book of clients for opportunities such as Roth windows and IRMAA thresholds, with a Verify button to audit the math. It lists CRM sync with Redtail, Wealthbox and Salesforce and says it is SOC 2 Type II.
Check before choosing Income Lab
- Penny and the AI tools require Pro
- The trial needs a credit card and auto-converts to Pro
- Decide whether it replaces or sits alongside your current planning software
About RightCapital
RightCapital offers planning tools for modern advisors, with an emphasis on communicating plans clearly to clients and helping firms scale.
Check before choosing RightCapital
- First year requires an annual commitment
- Assistants cost extra
- Compare Premium vs Platinum features you'll actually use
Get one practical AI-for-advisors email a week
Weekly: the newest AI tools for advisors, in 3 minutes.
New AI tools for advisors, what changed, and practical ways to use them. One email a week; unsubscribe anytime.
Confirms on our beehiiv page. Free, no spam, unsubscribe anytime. What you'll get
FAQ
Income Lab vs RightCapital: which is better for financial advisors?
Income Lab is best for advisors whose clients mostly ask retirement income, roth conversion and social security questions; RightCapital is best for advisors who want intuitive planning tools. On price, Income Lab is From $199/mo ($1,990/yr annual) and RightCapital is From $149.95/advisor/mo (as of October 23, 2026). Book demos of both and test them on your real workflow.
What is the difference between Income Lab and RightCapital?
Income Lab: Retirement income planning software for advisors with spending guardrails, tax planning and Penny, an AI paraplanner. RightCapital: Financial planning software focused on ease of use and client engagement.
Is Income Lab or RightCapital cheaper?
On price, Income Lab is From $199/mo ($1,990/yr annual) and RightCapital is From $149.95/advisor/mo (as of October 23, 2026).