Empower (Personal Capital)
Simplifi by Quicken
| Feature | Empower (Personal Capital) | Simplifi by Quicken |
|---|---|---|
| Pricing | Free / from $0.89/mo | From $71.88/mo |
| Free Plan | ✓ Yes | ✗ No |
| Rating | 4.3 / 5 | 4.1 / 5 |
| Best For | investors, high-net-worth-individuals, retirement-planners, wealth-builders | beginners, solo-budgeters, former-mint-users, investors |
| Founded | 2009 | 2020 |
| Net Worth Tracking | ✓ | ✗ |
| Investment Checkup | ✓ | ✗ |
| Retirement Planner | ✓ | ✗ |
| Fee Analyzer | ✓ | ✗ |
| Budgeting | ✓ | ✗ |
| Cash Flow | ✓ | ✗ |
| Wealth Management | ✓ | ✗ |
| Spending Plan | ✗ | ✓ |
| Bank Sync | ✗ | ✓ |
| Investment Tracking | ✗ | ✓ |
| Net Worth | ✗ | ✓ |
| Subscription Tracking | ✗ | ✓ |
| Savings Goals | ✗ | ✓ |
| Reports | ✗ | ✓ |
✓ Empower (Personal Capital) Pros
- Excellent free investment tracking and net worth dashboard
- Retirement planning calculator (Retirement Planner)
- Fee analyzer identifies hidden investment fees
- Comprehensive portfolio analysis tools
✗ Empower (Personal Capital) Cons
- Wealth management requires $100K minimum
- Sales calls after signing up for free tools
- Advisory fees higher than robo-advisors
✓ Simplifi by Quicken Pros
- Affordable at roughly half the price of YNAB
- Spending Plan feature is uniquely intuitive
- Investment tracking and net worth included
- Clean interface with low learning curve
✗ Simplifi by Quicken Cons
- No monthly billing option
- No separate user profiles for families
- US-only availability
The Verdict
Empower (Personal Capital) is built for investors and high net worth individuals, with a focus on net-worth-tracking and investment-checkup. Simplifi by Quicken targets beginners and solo budgeters and leads with spending-plan and bank-sync.
On pricing, Empower (Personal Capital) is the clear winner for budget-conscious users — starting at $0.89/mo compared to $71.88/mo for Simplifi by Quicken. That $70.99/mo difference adds up quickly for growing teams.
Empower (Personal Capital) has a free plan, which gives it a meaningful edge for individuals and small teams exploring their options. Simplifi by Quicken requires a paid subscription from day one.
Both tools are a solid fit for investors — in those cases, the decision often comes down to workflow style and how your team prefers to organize work.
This is a genuinely close comparison. If you can, sign up for both free trials (where available) and run a one-week test with your actual team tasks before deciding.
