Allen Prep vs Model ML
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Allen Prep
Prepare for finance certification exams with extensive question banks and detailed rationales. Practice with realistic scenarios, track your progress, and identify weak spots to optimize your study sessions.
- Exam-style questions
- Detailed rationales
- Global leaderboard
- Topic-by-topic breakdown
- Target weak spots
- Customizable study sessions
- Save and review questions
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Prepare for the CFA, FRM and FINRA Series 6, 7 and 63 exams with exam-style questions, detailed rationales, and a leaderboard that shows exactly where you stand. Allen Finance Exam Prep | Comp Review is built by Allen Resources, preparing candidates since 1993. Practice the way the exams test: with real-world scenarios and detailed answer choices, not one-word guesses. ALL YOUR FINANCE EXAMS IN ONE APP • CFA Level I, Level II and Level III: 7,000+ practice questions in Level I alone • FRM (Financial Risk Manager) • FINRA Series 6, Series 7 and Series 63 WHY CANDIDATES LOVE IT • Exam-style vignettes and long, realistic answer choices • In-depth rationale after every question, so you learn why an answer is right, not just what it is • See how other candidates did: tap the percentage on any question to see how often others answered it correctly • Global leaderboard: climb the Top 20 and track your own ranking • Instant results after every session: score, pace, average time per question and a topic-by-topic breakdown • Seen Least and Missed Most modes to target your weak spots fast • Flag and save questions to review later • Make it yours: choose 3, 4, 5 or all answer choices, set the question timer, and adjust the text size Every session shows you exactly where you are strong and where to focus next. Short on time? Study in quick sessions anywhere, on your phone. Allen Resources | Since 1993 Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. FRM® and Financial Risk Manager® are registered trademarks of the Global Association of Risk Professionals (GARP). FINRA® is a registered trademark of the Financial Industry Regulatory Authority. This app is not affiliated with or endorsed by CFA Institute, GARP or FINRA.
Model ML
This AI-powered finance agent assists investment banking, private equity, and advisory teams by generating client-ready pitchbooks, financial models, and memos. It connects to your data in real-time, learns your methodologies, and ensures enterprise-grade security.
- AI-powered finance agent
- Generate pitchbooks and financial models
- Connects to real-time data
- Learns user methodologies
- Enterprise-grade security
- Voice and text interaction
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Model ML is your Finance Agent wherever you are, whenever you need it. Made for investment banking, private equity, and advisory teams, it connects to your data in real time, works the way you do, and gets sharper with every deal. Produce client-ready pitchbooks, financial models, memos, and audits, right from your phone with Model ML. AN AI AGENT THAT WORKS LIKE YOU Teach your Agent how you work: your comp methodology, your LBO conventions, your memo style. Encoded once, applied every time. It remembers your business, your clients, and your last call, carried forward without being asked twice. Fully composable, governed, and customizable. CLIENT-READY DELIVERABLES Hand your Agent a target company and get back a 50+ page pitchbook in your house format. Build fully linked, multi-tab financial models where every cell is traceable to the source. Generate research memos, company primers, and sector overviews — structured, branded, and ready to circulate. Audit existing decks in a single click, reconciling every figure, chart title, and footnote against the source before the client ever sees them. CONNECTED TO ALL YOUR DATA Documents, data rooms, CRMs, and email — connected, retrieved, and cited. Your Agent reasons across CapIQ, FactSet, filings, and transcripts, with source material always on tap for valuation, due diligence, and deal work. Connect your internal systems and bespoke tools via MCP or API. PICK UP RIGHT WHERE YOU LEFT OFF Start your work in the mobile app and continue in the apps you already use. Same brain, same skills, same memory of last week's work. WHEREVER YOU ARE, YOUR AGENT IS TOO Talk to it and it talks back, in natural two-way voice conversation. Chat by text for quick back-and-forth on the go. Set triggers or email it, and finished work lands in your inbox. THE BEST MODEL FOR EVERY TASK A model-agnostic architecture routes every task to the best AI model for the job — and evolves as the ecosystem advances, so you're always working on the frontier. Build custom agents in Model ML which help you: ▶ Assemble pitchbooks in your house format ▶ Build linked, traceable financial models ▶ Draft research memos and company primers ▶ Audit decks for errors, contradictions, and formatting drift ▶ Automate repeatable deliverables with Custom Agents ▶ Work hands-free with voice, text, or email ▶ Bring your own data into every task, cited to the source ENTERPRISE-GRADE SECURITY Purpose-built for enterprise financial institutions, with the strongest standards of security and compliance built into our core. ISO 27001 and SOC 2 certified, GDPR compliant. Trusted by the world's leading financial institutions.
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Verdict
The clearest difference is in-app purchases: Model ML at none against Allen Prep's 10. Model ML also leads on ratings volume (5 vs 1). Allen Prep's advantage is iOS requirement (16.0 vs 18.0). On price, rating, update cadence and ads 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. Allen Prep sells 10 in-app purchases, starting at $0.99 per 7 days. Model ML asks for nothing beyond the download.
On the App Store both sit at effectively the same score — 5.0 for Allen Prep against 5.0 for Model ML. That said, the two scores are not equally well evidenced: Model ML has 5 ratings behind it against 1, so its average is the more settled of the two.
Allen Prep ships an update weekly, Model ML every 6 days. The most recent releases landed on November 7, 2026 and November 5, 2026 respectively.
| Parameter | Allen Prep | Model ML |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (1 ratings) | 5.0 (5 ratings) |
| Number of ratings | 1 | 5 — better |
| Update frequency | Weekly | Every 6 days — better |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Free with in-app purchases | Free — better |
| Devices | iPhone, iPad | iPhone, iPad |
| Requires iOS | 16.0 — better | 18.0 |
| Further details — not scored | ||
| Size | 88 MB | 40 MB |
| Age rating | 4+ | 4+ |
| Developer | Allen Resources, Inc. | Model ML |
Customer experience
Allen Prep
Model ML
In-app purchases
Allen Prep
- Unlimited Access7 Days trial$0.997 Days
- Comprehensive Review Access7 Days trial$6.957 Days
- Unlimited Access7 Days trial$9.997 Days
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- Comprehensive Review Access$13.957 Days
- Comprehensive Review Access7 Days trial$19.991 Month
- Comprehensive Review Access3 Days trial$29.991 Month
- Unlimited Access7 Days trial$29.991 Month
- Unlimited Access7 Days trial$59.993 Months
- Comprehensive Review Access7 Days trial$149.991 Year
- Comprehensive Review Access3 Days trial$299.001 Year
Model ML
No in-app purchases









