★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Tool comparison edition
Tool Comparison
Orion Advisor Tech vs Portfolio123
Orion Advisor Tech
Best for advisor operations and risk metrics
From $275/mo
Portfolio123
Best for screeners and data visualizations
Free • From $25/mo
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The verdict
The bottom line
Orion Advisor Tech and Portfolio123 cover a lot of the same ground (5 shared categories, including APIs & data feeds, broker connectors, and education), so for the basics you won't go far wrong with either. Portfolio123 simply does more: 19 categories to Orion Advisor Tech's 13, including screeners, data visualizations, and quant. Orion Advisor Tech counters by keeping things simpler.
Key differences at a glance
- Mobile app
- Orion Advisor Tech
- Free plan
- Portfolio123
- Cheaper paid plan
- Portfolio123$25/mo vs $275/mo
- Broader coverage
- Portfolio12319 vs 13 categories
- Desktop app
- Portfolio123
- Real-time data
- Portfolio123
Choose
Orion Advisor Tech if…
- You do a lot of your research from your phone
- You care about advisor operations, risk metrics, and scenario & stress tests, things Portfolio123 doesn't offer
Choose
Portfolio123 if…
- Delayed quotes won't cut it; you need real-time data
- You'd rather start free and only pay if you outgrow it
- You want the cheaper way in: plans start at $25/mo instead of $275/mo
- You care about screeners, data visualizations, and quant, things Orion Advisor Tech doesn't offer
Comparison snapshot
| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | From $275/mo | Free • From $25/mo |
Free tier | No | Yes |
Free trial | — | — |
Plan limits | Risk Intelligence Standalone: pricing model: Per user, per month | Free Screener & Backtesting Access: duration days: 30 |
| Platforms & access | ||
Web app | Yes | Yes |
Desktop app | No | Yes |
Mobile app | Yes | No |
API access | Yes | Yes |
Broker sync | Yes | Yes |
Integrations | Redtail CRM, Salesforce +6 more | Interactive Brokers and Tradier |
| Audience & fit | ||
Experience level | Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | Financial Advisors, RIAs / Wealth Firms +3 more | Retail Traders, Pro Retail +5 more |
Categories covered | 13 | 19 |
Regions | North America | North America, Europe |
| Data & capabilities | ||
Data quality | 5 signals: Latency: End of Day, Granularity: EOD +3 more | 5 signals: Latency: Real-time and End of Day, Granularity: EOD +3 more |
Data partners | Morningstar and ICE Data Services | 4 partners: FactSet, S&P Global Market Intelligence +2 more |
Capabilities | 23 signals: Stress tests: Rates, FX, EquityCrash, and Commodities, Monte Carlo +21 more | 6 signals: Custom formulas, Ranking backtests +4 more |
Security | 6 signals: SOC2, ISO27001 +4 more | — |
| Try it | Visit Orion Advisor Tech | Visit Portfolio123 |
Standout features
What Orion Advisor Tech does best
- Most-in-one advisor tech platform for RIAs that unifies portfolio accounting, trading, Redtail CRM, compliance, risk analytics, planning, client portal, and advisor portal under Orion Advisor Solutions.
- Denali AI brings data, workflows and insights across CRM, planning, portfolio management, reporting and risk into a unified intelligence layer for advisory firms.
- Portfolio accounting engine positioned as the #1 portfolio accounting solution by market share among advisors, with integrated billing, configurable client reporting, trading, professional services, cloud data warehousing, and data services.
- Trading (Eclipse) delivers tax-intelligent trading at scale with household-level rebalancing, asset location optimization, daily tax-loss harvesting, sleeves for separate trading/reporting/billing, advanced cash monitoring, block trading, and multi-custodian trade file/FIX connectivity.
- Orion Risk Intelligence provides next-generation risk analytics: 100+ regression-based macro stress test scenarios, portfolio and business risk dashboards, asset-drift tracking, proposal and IPS workflows, and firm-level KPI tracking, fueled by Morningstar data.
What Portfolio123 does best
- Web‑based quant research terminal for building multifactor ranking systems, stock/ETF screens, and complete rules‑based strategies with no programming, powered by point‑in‑time FactSet data and marketed as free of survivorship and look‑ahead bias.
- Supports realistic simulations and backtests over roughly 20 years of history for US, Canadian, and European equities, with custom universes, separate buy/sell rules, position sizing, hedging, and “Book of Strategies” to combine and analyze correlated systems.
- Stock & ETF coverage uses fundamentals, estimates, corporate actions, plus industry/sector classification, with “over 15,000 current US, Canadian, and European stocks” and many more historical issues.
- AI Factor lets users train machine‑learning predictors for expected returns and plug the predictions into ranking systems, strategy simulations and asset-level analysis, with no-code model evaluation, blocked K-fold cross validation, lift charts and model/portfolio statistics.
- Homepage currently advertises 30 days of free screener and backtesting access with no credit card required, in addition to the free Manage module.
Data & access details
| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsMutual FundsClosed-End FundsBondsOptionsFundsOther | StocksETFsClosed-End Funds |
Experience | IntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Financial AdvisorsRIAs / Wealth FirmsFamily OfficesAsset ManagersInstitutional Investors | Retail TradersPro RetailInstitutional InvestorsAnalystsQuants/DevelopersFinancial AdvisorsStudents/Researchers |
Regions | North America | North AmericaEurope |
Coverage details | Countries: USIdentifiers: Ticker | Countries: US and CAIdentifiers: Ticker |
| Data | ||
Data freshness | End of Day | Real-timeEnd of Day |
Data granularity | EOD | EOD |
Pricing sources | Vendor | Not specified |
Data partners | MorningstarICE Data Services | FactSetS&P Global Market IntelligenceICE Data ServicesFRED |
| Access & integrations | ||
API protocols | REST | REST |
API auth & delivery | Auth: APIKeyWebhooksDocs | Auth: APIKeySDKs: PythonDocs |
Import methods | CSVCustodianManual | BrokerOAuthCSV |
Integrations | Redtail CRMSalesforceMoneyGuideProeMoneyNitrogenFidelitySchwabPershing | Interactive BrokersTradier |
Export formats | ExcelPDF | CSVJSON |
| Plans & trust | ||
Security & compliance | SOC2ISO27001Data residency: USStatus pageEncryption at restEncryption in transit | Not specified |
Capability signals | Stress tests: Rates, FX, EquityCrash, and CommoditiesMonte CarloBroker syncTax lotsRebalancingHouseholdingAlternatives supportDrift monitoring+15 more | Custom formulasRanking backtestsUniverse builderBroker syncRebalancingCorrelation |
Vendor & support | Orion Advisor Solutions, Inc.Country: USFounded 1999 | Portfolio123Support: Forum |
Green tags are exclusive to that tool in this comparison.
Pricing breakdown
$275/mo
Starting price
Plans & pricing
- pricing model: Per user, per month
$25/mo
Lower starting price
Plans & pricing
- duration days: 30
Coverage overlap
Shared categories
5Where the two tools cover the same ground.
Orion Advisor Tech strengths
8What you only get with Orion Advisor Tech.
Portfolio123 strengths
14Community category leaders
Vote sentiment comparison
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Frequently Asked Questions
What's the difference between Orion Advisor Tech and Portfolio123?
Orion Advisor Tech leans toward advisor operations, risk metrics, and scenario & stress tests, while Portfolio123 puts more weight on screeners, data visualizations, and quant. They overlap in 5 categories, so for most people it comes down to workflow preference and price.
Is Orion Advisor Tech or Portfolio123 free to use?
Portfolio123 has a free tier, so you can get started without paying anything. Orion Advisor Tech is paid-only. If budget matters, start with Portfolio123 and see how far it takes you before opening your wallet.
Which is better for beginners: Orion Advisor Tech or Portfolio123?
Portfolio123 is the friendlier place to start; its interface takes less getting used to. Both work fine once you're past the basics.
Can I use Orion Advisor Tech or Portfolio123 on my phone?
Orion Advisor Tech lists a dedicated mobile app, so it travels better. Portfolio123 doesn't list a dedicated mobile app; its documented access is web, API, and desktop.
Do Orion Advisor Tech and Portfolio123 have APIs?
Yes, both offer API access, so developers and quants can pull data programmatically or wire up their own integrations.
Should I choose Orion Advisor Tech or Portfolio123?
It depends on what you're after. Pick Orion Advisor Tech if advisor operations and risk metrics matter to you; go with Portfolio123 if you'd rather have screeners and data visualizations. And if you only need the basics both share, let price decide.
What asset classes do Orion Advisor Tech and Portfolio123 cover?
Both cover stocks, ETFs, and closed-end funds. Orion Advisor Tech also handles mutual funds, bonds, and options.
Does Orion Advisor Tech or Portfolio123 have real-time data?
Portfolio123 offers real-time data, which matters if you trade actively. Orion Advisor Tech runs on delayed or end-of-day data, which is perfectly fine for longer-term investors who don't live and die by the tick.
Which covers international markets: Orion Advisor Tech or Portfolio123?
Portfolio123 has documented international coverage (North America and Europe), so it's the safer bet if you hold non-US stocks. Orion Advisor Tech is more region-specific, mainly North America.
Can I export data from Orion Advisor Tech and Portfolio123?
Yes, both export to spreadsheets (Orion Advisor Tech: Excel; Portfolio123: CSV), which is handy if you like running your own numbers.
Can Orion Advisor Tech or Portfolio123 connect to my broker?
Yes, both connect to brokers, so your portfolio syncs automatically instead of you keying in every trade.
Which has a better stock screener: Orion Advisor Tech or Portfolio123?
Portfolio123 has a stock screener for surfacing ideas; Orion Advisor Tech doesn't, and focuses its energy elsewhere.
Can I track my portfolio with Orion Advisor Tech or Portfolio123?
Portfolio123 handles portfolio tracking. Orion Advisor Tech is really a research tool; you'd track your portfolio elsewhere.
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Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.