Domain Money Review [2024] 

According to the U.S. Bureau of Labor Statistics (BLS), the median financial advisor earns $95,390 a year. That can make them expensive to use.This is because many will charge their customers a recurring fee equal to 1% of customer assets per year, over a lifetime this can be $100,000s!

What if I said you could get a personalized plan from a qualified financial planner covering budgeting, cashflow analysis, life goals, investment allocation and tax efficiency for a flat fee from $2,500?

And what if I said that the plan would be delivered via a user-friendly app?

Well, you can get all of that – from a new app called Domain Money.

In this Domain Money review, I’ll help you decide whether it’s worth it for someone in your financial situation. 

What is Domain Money?

Domain Money is a financial planning platform & app that’s designed to be simple and easy. For a flat fee starting at $2,500, you can get a one-page financial plan to help you steer toward your long-term goals.

Your Domain Money one-page plan will cover:

• Investing
• Saving
• Tax-Efficiency
• Insurance
• Budgeting
• Retirement

So basically, you’ll get guidance for every aspect of your financial life – and all on a concise easy to read document.

has a team of qualified financial advisors who are also CERTIFIED FINANCIAL PLANNER™ professionals (or CFP® professionals for short). Their advisors are top quality having worked at household names such as Goldman Sachs or Morgan Stanley where you often need millions of dollars to be a customer, at Domain Moneys there’s no investment minimums so everyone has access to quality advice. 

You can meet with a member of the Domain Money team for a 30-minute complimentary no-obligation discussion to discuss life goals and see if you’d be a good fit. If you decide to proceed, you upload relevant documents via the app and the Domain Money team will build your financial model and strategize the best way for you to achieve your goals l then you’ll sit down for a 90-minute financial planning session with you so you feel confident about the next steps. That’s where you can ask any questions and make sure you understand the best way to build a bright financial future. You also have the option for multiple follow up calls and meetings to ensure the plan is working as intended.

The guidance from Domain Money is personalized, specific, and actionable. The advisors look carefully at your income, spending habits, and other financial activity. They also consider your stated goals and priorities. That allows them to tell you exactly what to do.

How Does Domain Money Work?

Enacting a financial plan from Domain Money is a 3-step process:

1. Book a free consultation. You’ll meet one of Domain Money’s CERTIFIED FINANCIAL PLANNER™ professionals and describe your financial goals. The CFPⓇ professional will then recommend one of Domain Money’s three financial plans.
2. Receive your financial plan. Domain money’s advisors will review your financial information and then produce an actionable plan with step-by-step instructions.
3. Act on the plan to achieve your financial goals. This step should be easy since the plans are packed with such specific advice.

During your free consultation, the Domain Money advisor will suggest one of three financial plans:

• One-Page Plan ($2,500 flat fee). This option comes with a concise tactical guide and a 90-minute financial planning session.
• Strategic Plan ($4,500 flat fee). With this plan, you can receive additional guidance on 3 financial areas like: cash flow, home affordability, or retirement. You’ll also get 2 meetings with an advisor.
• Comprehensive Plan ($7,500 flat fee). This 6-month program focuses on every aspect of your financial life and includes 4 meetings with an advisor. 

And what if you want even more guidance from Domain Money? 

Don’t worry – you can get it! 

For just $500, former clients can request an updated version of their financial plans. That’s great for when your circumstances or goals unexpectedly change.

And for $300, you can book a 1-hour coaching session. This option presents an affordable way to make sure you’re staying on track to meet your objectives. 

To start the process, just head to the official Domain Money website, type in your email address, and click “Free Consultation.” You could be just a few weeks away from whipping your finances into serious shape!

Is Domain Money Legit?

Domain Money is a totally legitimate company – which is why you can trust it with your financial future. 

Here’s some rock-solid evidence that Domain Money is legit:

• The company’s founder and CEO, Adam Dell, was previously a partner at Goldman Sachs.
• Each of the company’s financial advisors is a CERTIFIED FINANCIAL PLANNER™ professional, and they all have years of experience.
• The company’s investors include the actor Ashton Kutcher and Salesforce founder Marc Benioff.
• The company and its app use bank-grade security to ensure customer data is secure. 
• Domain Money was voted by Apple as one of the 24 best apps in 2024.

So, these aren’t sketchy developers trying to make a quick buck off gullible customers. They’re qualified professionals who understand the world of financial planning and want to make it easier for people to access their expertise.

Are you still not sure you want to take the plunge and pay for Domain Money? Then, you should at least find free ways to improve your personal finances. Start by reading this guide to “Which savings account will earn you the most money?” 

And if you’re looking for a low-tech, hands-on budgeting method, learn about cash envelope categories. And if you need to boost your savings fast, the 60/30/10 rule budget can help.

Is Domain Money Safe?

Using Domain Money is absolutely safe. I know it can seem strange to give a company access to delicate financial details, but with Domain Money, you really have nothing to worry about. 

They clearly state that they won’t sell your data to anyone, and you have every reason to believe them. After all, the company’s business model is based on maintaining the trust of clients, not profiting from people’s data.

Pros and Cons of Domain Money

Domain Money is definitely an exciting platform – but no company can provide everything that customers need. Here are Domain Money’s pros and cons to consider. 

Pros

• Your plan will be ready within a month. Some other financial planners let the process drag on for ages. 
• The plans are designed as actionable roadmaps. That makes them easy to follow, even if you’re not well-versed in personal finance. 
• There are 3 levels of plans available. After talking things over during your free consultation, you can pay for the services you need – and nothing more.

Cons

• Even the cheapest plan costs $2,500. That puts the service out of reach for some potential customers. 
• Domain Money is a new company. It’s definitely 100% legit, but it doesn’t have decades of institutional clout behind it. The newness also makes it hard to find reliable user reviews.
• There’s no monthly payment option. While the flat-fee model simplifies things, it’s also a bit limiting. You have to pay upfront whether you want to or not.  

Domain Money Reviews

As a new company, Domain Money doesn’t have a lot of online reviews just yet. But the users who have shared their opinions are generally thrilled with the service!

Let’s see what people are saying about Domain Money on Google.

One user left a 5-star Domain Money review praising the company for “great financial advice.”

I’d usually share some negative reviews to show where users have complaints. But here’s the thing: I couldn’t any legit negative Domain Money reviews!

Does that mean the Domain Money app is perfect? Of course not. I’m sure some bad reviews will pop up eventually.

But it’s definitely a good sign that the platform’s getting so much positive attention!

Domain Money App Reviews

Now, let’s look at a Domain Money review that focuses on the app’s user experience.

One person said they appreciated how customer service chats are integrated into the app. 

Domain Money Reviews Reddit

I found a Reddit thread with someone asking whether Domain Money is legit. They specifically wanted to know if anyone had any experience with the platform. 

Someone responded with a positive Domain Money app review. They said their advisor was “super nice, approachable, and knowledgeable.” They also called the app “smooth and really easy to use.”

Domain Money Reviews BBB

I couldn’t find a page for Domain Money on the Better Business Bureau (BBB) website. I’m guessing that’s because the company is still so new.

I’ll keep my eyes peeled for Domain Money reviews from the BBB. In the meantime, you can at least be confident that Domain Money is legit. 

Is Domain Money Worth It?

Here’s the verdict of this Domain Money review: The Domain Money platform is definitely worth it – but only for certain people. 

As incredible as the advice offered by Domain Money can be, it’s far from free. Even the cheapest plan costs $2,500. 

So, if you’ve only got a few thousand dollars saved away, you’re better off using less expensive resources to improve your finances. You can start by reading this guide to 5% interest savings accounts, and then consider using Bright Money to tame your credit card debt. Learn more with this Bright Money review. 

When I think of the ideal Domain Money client, I imagine someone like this:

• $100K combined household income or above
• Age Range: 30s – 40s
• US-based

If you’re in that situation, then Domain Money could have a major impact on your financial situation while costing just a fraction of your annual earrings. 

Think about it: The advice from your Domain Money plan could help you pay less in taxes, earn more from investments, and make major purchases at the optimal time. All those savings and earnings will almost certainly add up to more than $2,500.

If you want to start investing but aren’t sure where to begin, check out our guide to investing for beginners.

Commonly Asked Questions About Domain Money

What are Alternatives to Domain Money?

Here are some financial platforms that are similar to Domain Money:

• Public (read this full Public review to learn more)
• Money Pickle (read this full Money Pickle review)
• M1 Finance
• Acorns
• Magnifi
• SoFi Invest

If you need help fixing your credit, check out our comparison of Credit Saint vs Lexington Law, or see if working with the best tradeline companies could be the right credit repair solution for you. 

Meanwhile, learn how to budget for non recurring expenses so you can be prepared for unexpected costs going forward. 

And to learn which budgeting app could best help you manage your finances and boost your savings, check out these comparisons of Rocket Money vs the competition:

• Rocket Money vs YNAB
• Rocket Money vs Simplifi
• Rocket Money vs Copilot

If you’re looking for a low-tech, hands-on budgeting method, learn about cash envelope categories. And if you need to boost your savings fast, the 60/30/10 rule budget can help.

Then use a net worth tracker to see how your new financial strategies are paying off. 

If you’re curious to learn how AI can help you manage your portfolio, check out our Streetbeat review.

And if you’d like to learn about wine and whisky as alternative investments, check out our Vint vs Vinovest comparison.

Is Domain Money a Scam?

Domain Money is far from a scam. It’s a legitimate company with headquarters in New York, and its advisors are all licensed CFPⓇs professionals with years of experience. 

What is The Catch With Domain Money?

The only real “catch” with Domain Money is that you have to pay for the service upfront, and the cheapest option is $2,500. Some customers will appreciate the simplicity of that model, but it could be tough if you’d rather start with a smaller payment. 

Domain Money Discounts / Domain Money Coupons / Domain Money Deals? 

I couldn’t find any Domain Money discounts, coupons, or special deals. If any come along, I’ll be sure to update them here.

What is The Interest Rate for Domain Money?

There’s no specific interest rate associated with Domain Money. Why? Because Domain Money is a financial planning platform, not a bank. The app’s expert advisors will suggest various accounts and investments based on your goals, and so the interest rates will depend on those suggestions.