Softwr

Accounting · head to head

Empower vs Karbon

Empower logo

Empower

Accounting

All your finances. One app.

From
On request
Rated
-
Full reviewWebsite
Karbon logo

Karbon

Accounting

Practice management for accounting firms

From
$59/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Empower specific advisory fees not published; Form ADV consultation required; Karbon monthly billing option only available for teams of 4 or more users
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Empower and Karbon actually diverge.

Attributes where Empower and Karbon differ
AttributeEmpowerKarbon
Starting priceOn request$59/month
Pricing modelquotesubscription
PlatformsWeb, Ios, AndroidWeb
Founded2009Unknown

Identical on both: free tier (No), user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Empower

  • Net worth tracking
  • Investment tracking
  • Retirement planner
  • Cash flow
  • 401k fee analyzer
  • Bank connections
  • Brokerage accounts
  • SOC 2

Only in Karbon

Nothing recorded that Empower does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Empower

  • Wealth trackingnot Karbon
  • Retirement planningnot Karbon
  • Investment analysisnot Karbon

Karbon

  • Automating client document collection for tax practice intakenot Empower
  • Tracking all client requests in workflows tied to jobsnot Empower
  • Aligning hours worked with billable time per engagementnot Empower
  • Automating period close by connecting practice management to accountingnot Empower
  • Streamlining client document submission and approval workflowsnot Empower

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Empower

  • Specific advisory fees not published; Form ADV consultation required
  • High minimum investment thresholds ($100,000 for Personal Strategy)
  • Detailed fee structure available only in Form ADV documents

Karbon

  • Monthly billing option only available for teams of 4 or more users
  • Team plan at $59/month per user minimum cost may be expensive for smaller practices
  • No seat license discounts published; scaling costs linearly with user count

Pricing, plan by plan

Empower

On request

No published plan breakdown. See the Empower review.

Karbon

$59/month
  • Team$59/month
    • Per-user pricing
    • Designed for small accounting firms
    • Minimum team size of 4 for monthly billing
  • Business$89/month
    • Per-user pricing
    • Workflow automation
    • Integrations for growing practices
  • Enterprise$null/mo
    • Custom pricing
    • Tailored for large accounting firms
    • Dedicated support

Which should you pick?

Choose Empower if

  • You need net worth tracking.
  • You work on Web, Ios, Android.
  • You also want investment tracking.
Empower review

Choose Karbon if

Nothing in the data separates Karbon from Empower on the points above - pick on price and on how each one feels to use.

Karbon review

Questions people ask

Is Empower or Karbon better?
Neither clearly leads. Empower starts at On request and Karbon at $59/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Empower or Karbon?
Empower starts at On request and Karbon at $59/month.
Does Empower or Karbon run on more platforms?
Empower runs on Web, Ios, Android. Karbon runs on Web.
What is Empower best used for?
Empower is most often used for wealth tracking, retirement planning, investment analysis. Of those, wealth tracking and retirement planning are not what Karbon is typically brought in for.
What can Empower do that Karbon cannot?
Empower covers Net worth tracking, Investment tracking, Retirement planner, Cash flow.

Answered from the vendors’ own pages

Empower: Does Empower have a minimum investment requirement?

Empower's advisory services require different minimums based on service level. Personal Strategy advisory requires a minimum of $100,000 in investable assets. Private Client services require $1,000,000 or more.

Source
Karbon: How much does Karbon cost?

Karbon pricing starts at $59 per user per month (Team plan, billed annually) or $79 per user per month (monthly billing for 4+ users). Business plan is $89/month annual or $99/month monthly. Enterprise pricing is custom.

Source
Empower: How are Empower's advisory fees calculated?

Advisory fees are calculated based on the amount of assets being managed under advice. Specific fee rates are not disclosed on the homepage.

Source
Karbon: Is there a discount for annual billing on Karbon?

Yes, Karbon offers annual billing at a discount compared to monthly. Team plan is $59/month annually versus $79/month monthly. Business plan is $89/month annually versus $99/month monthly.

Source
Empower: Is the high-yield cash account free?

Yes. Empower's high-yield cash account has no account fees and no minimum balance required.

Source
Karbon: What is the minimum user requirement for monthly billing on Karbon?

Karbon requires a minimum team size of 4 users to access monthly billing. Teams smaller than 4 must choose annual billing.

Source
Empower: Are there fees for stock and ETF trading?

Empower offers commission-free trading for stocks and ETFs with low fees.

Source
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