Nova vs Monarch.
Monarch is an established all-in-one personal finance app. Its Plus plan adds business-entity tracking for pass-through owners. Checked against Monarch's own pages on November 4, 2026. Not documented means we found no statement on those pages, not that the product lacks the feature.
| Feature | Nova | Monarch | Source |
|---|---|---|---|
| Price | $150 a year, or $15 a month | Core $99.99/year or $14.99/month. Plus $199/year. | monarch.com/about, monarch.com/blog/monarch-plus |
| Free trial | 14 days | 7-day free trial, including a 7-day Plus trial. | monarch.com/about, monarch.com/blog/monarch-plus |
| LLC or rental property tracked apart from personal | Included in the one plan. Entities can own other entities at any percentage, and value rolls up through every layer. | Plus: track an LLC, side hustle or rental property alongside personal finances, with a filter per business entity. | monarch.com/blog/monarch-plus |
| Business reporting | Entity-level value rolls up into one net worth. | Plus: per-entity P&L reporting and a Schedule C export, designed for sole proprietors, single-member LLCs, freelancers and rental owners. | monarch.com/blog/monarch-plus |
| Per-entity balance sheet and ownership percentages | Entities can own other entities at any percentage, and value rolls up through every layer. | Not documented | No statement found |
| Auto-valued assets | Real estate (RentCast or ATTOM), vehicles, crypto, precious-metals spot pricing and trading cards. | Home values from Zillow and vehicle values from VinAudit. | monarch.com/about, monarch.com/features/tracking |
| Manual assets | Manual real estate, watches and art. | Not documented | No statement found |
| Forecasting and assistant | A rules engine ranks specific moves by impact and shows the numbers behind each one. | Plus Forecasting models life events on a timeline. An AI Assistant answers questions about your finances. | monarch.com/blog/monarch-plus, monarch.com/about |
| Reasoning panel for every suggestion | Each suggestion has a "Show math" panel with inputs, steps and a confidence range. | Not documented | No statement found |
| Confidence ranges on illiquid assets | A low/high band is stored next to each automated valuation. | Not documented | No statement found |
| Gains and tax features | Includes a tax-loss-harvest rule, a tax-window-close rule and lot-level positions. | Plus Gains & Losses compares holdings with what you originally paid. Tax-loss-harvesting guidance: not documented. | monarch.com/blog/monarch-plus |
| Sharing | A read-only advisor role. | Collaborate with a partner or professional at no extra cost. | monarch.com |
| Currencies | Converts non-USD accounts to USD at reference rates. | Not documented | No statement found |
| Native mobile apps | A web app with a PWA manifest. No native iOS or Android app. | Web, iPhone, iPad and Android. | monarch.com/about |
| Years in market | Launched in 2026. | Founded in 2018; more than 1 million members (March 2026). | monarch.com/about |
Where Monarch is stronger
Monarch has native iOS and Android apps, has been around since 2018 and reports more than 1 million members. It also has an AI Assistant and a Plus Forecasting tool, and its Core plan ($99.99 a year) costs less than Nova's $150. Nova launched in 2026 and is a web app.
Where Nova differs
Monarch Plus tracks an LLC or rental property through a per-entity filter, P&L reports and a Schedule C export. Nova models entities as separate owners that can own each other at any percentage, and shows the math behind every suggestion. Monarch's pages don't say whether entities get their own balance sheet or ownership percentage, so those cells read Not documented.
See the full comparison with Copilot and Empower, or Nova vs Kubera.
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