ModernAdvisor vs Insurance Compass
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
ModernAdvisor
This app helps Canadians build and manage diversified investment portfolios for various financial goals like retirement or education savings. It offers convenient tracking, plan adjustments, advisor chat, and fund transfers. Securities are protected by the Canadian Investor Protection Fund.
- Portfolio performance tracking
- Investment plan adjustments
- Advisor chat
- Fund transfers
- View holdings and transactions
- Diversified portfolio management
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ModernAdvisor is one of Canada’s leading online investment services. Whether you are saving for a rainy day, building your retirement nest egg, or saving for your child’s education ModernAdvisor can build and manage a diversified portfolio to help you reach your goals. ModernAdvisor costs only a fraction of traditional investment options and is available in all Canadian provinces. With ModernAdvisor’s app you can: - Track your portfolio’s performance anytime, anywhere - Make changes to your investment plan - Contact and chat with our advisors - Transfer funds between your bank and ModernAdvisor - View your portfolio holdings and transactions Account Security Modern Advisor Canada Inc. is registered with provincial securities commissions in all Canadian provinces. Securities in your account are covered under the Canadian Investor Protection Fund up to $1,000,000 through our brokerage partners, Credential Qtrade Securities Inc. and CI Investment Services Inc. See www.cipf.ca for more details.
Insurance Compass
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Insurance Compass is a free, advisor-focused app designed to simplify the complex world of insurance. Whether you're an experienced advisor or just starting out, Insurance Compass gives you access to a powerful suite of calculators, guides, and business coaching tools—all in one place. Key Features: A full suite of calculators: final tax, marginal tax, probate fees, net worth, mortgage, inflation, and more Reference tools: Tax Talk Guide, Wills & Estates Law Guide, Underwriting Rating Guides Direct access to Advisor Talk podcast episodes and YouTube videos Access to curated content and insights to support your business Available in English and French (coming soon) Insurance Compass is more than a toolkit—it’s a mobile resource designed to support advisors with practical tools and timely insights, helping you deliver more value to your clients every day.
Screenshots
Verdict
The clearest difference is update cadence: Insurance Compass at every 3 weeks against ModernAdvisor's every 10 months. On price, ads, in-app purchases and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
ModernAdvisor ships an update every 10 months, Insurance Compass every 3 weeks. The most recent releases landed on November 2, 2026 and October 30, 2026 respectively.
| Parameter | ModernAdvisor | Insurance Compass |
|---|---|---|
| Price | Free | Free |
| Positive reviews | 50.0% of reviews | — |
| Update frequency | Every 10 months | Every 3 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.1 | 15.1 |
| Further details — not scored | ||
| Size | 26 MB | 370 MB |
| Age rating | 4+ | 4+ |
| Developer | Modern Advisor Canada Inc. | PPI Management Inc |
In-app purchases
ModernAdvisor
No in-app purchases
Insurance Compass
No in-app purchases
Questions
Is ModernAdvisor free?
Is Insurance Compass free?
Do ModernAdvisor or Insurance Compass have ads?
Which is updated more often, ModernAdvisor or Insurance Compass?
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