A young couple reading a Domain Money review together.

Domain Money Review [2024] 

Some of the links in this post are from our sponsors, and we might earn a commission if you click on one.

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. 

Also, the advice doesn’t come from a robot. Domain Money has a team of qualified financial advisors who are also Certified Financial Planners (CFPs). 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 are the Domain Money team will spend hours building up your financial picture and working out the best way for you to achieve your goals, prepare your plan, and then 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.

Domain Money gives members a one-page financial plan with actionable goals to simplify achieving financial success. 
A one-page plan from Domain Money tells you exactly how to reach your financial goals. 
Source: Domain Money

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 planners and describe your financial goals. The CFP 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 and a month of unlimited phone calls and emails 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!

Domain Money’s financial advisors are all also Certified Financial Planners (CFPs). 
Domain Money’s advisors are real experts with qualifications and years of experience. 
Source: Domain Money

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 (CFP), and they all have years of experience.
  • The company’s investors include the actor Ashton Kutcher and Salesforce founder Marc Benioff.
  • The company and it’s 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?” 

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 the Apple App Store.

One user left a 5-star Domain Money review praising the company for inventing “a new way to invest.” 

A positive Domain Money review from a customer who really likes the investing options on the platform. 
In a 5-star review, a customer praises Domain Money as an excellent alternative to traditional investing platforms.
Source: Apple

Another client called Domain Money “a complete game changer.” The platform resolved financial issues that had once seemed intimidating.

A five-star Domain Money review from someone who loves being able to talk directly to a Certified Financial Planner. 
A user praises the “unreal service and quality” of Domain Money.
Source: Apple

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

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 some Domain Money reviews that focus on the app’s user experience.

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

A positive Domain Money review from a customer who had an excellent customer service experience. 
In a 5-star Domain Money app review, someone praises the company’s “unbelievable customer service.” 
Source: Apple

In another 5-star Domain Money app review, someone called the platform “very user-friendly.”

A five-star Domain Money review from a member who finds the Domain Money app very easy to use. 
A Domain Money user praises the user-friendliness of the app.
Source: Apple

Another user noted that the app is missing some potentially useful features, including an option to categorize transactions. And yet, this semi-negative feedback was included in a 5-star Domain Money app review – so it’s safe to say the customer was still satisfied with their experience!

A great Domain Money review from someone who loves the app, but wishes it had a few more features. 
In a 5-star Domain Money review, a user suggests adding more features.
Source: Apple

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. 

A person on Reddit asking others for their Domain Money reviews. 
Someone starts a Reddit thread asking for a Domain Money review.
Source: Reddit

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.”

A person on Reddit sharing their honest Domain Money review. 
In a positive Domain Money review, a Redditor says their advisor is kind and knowledgeable.
Source: Reddit

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:

  • $250K 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.

Commonly Asked Questions About Domain Money

What are Alternatives to Domain Money?

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

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 Certified Financial Planners 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.