Edmonton father-son duo launch PlanDIY to help lower-income Albertans make financial plans

Advertisement 1 This advertisement has not loaded yet, but your article continues below. Breadcrumb Trail Links HomeNewsLocal News Edmonton father-son duo launch PlanDIY to help lower-income Albertans make financial plans 'We built this to be applicable to 90 per cent of the population' Author of the article: By Ramin Ostad Published Sep 24, 2026 2 minute read Join the conversation Corey Faulkner (Left) and Dave Faulkner (Right) flank colleague Rheanna Height. Corey and Dave are the father-son duo behind PlanDIY, a free financial planning app for lower-income Albertans. PHOTO BY SUPPLIED /Daniel To Article content An Edmonton-based father-and-son team hopes to make personal financial planning less intimidating with the launch of their new app, PlanDIY. Article content The app is the brainchild of FP Advisors founder Dave Falkner and his son Corey Faulkner, a retirement estate planner, who launched the app ahead of Financial Planning Month in October. They describe it as a “free, do‑it‑yourself financial planning application that enables Canadians to take control of their financial futures, without fees, adviser meetings, or sharing sensitive personal information.” Article content Article content Article content “One of the gaps in this industry is providing (financial planning support) to individuals with lower levels of income, or who don’t fit a traditional model, who aren’t willing to work with an adviser, or maybe not ready for working with an adviser,” said Corey. “So there’s this massive amount of people in Canada that go underserved.” Article content Headline News Get the latest headlines, breaking news and columns. Sign Up By signing up you consent to receive the above newsletter from Postmedia Network Inc. Interested in more newsletters? Browse here. Article content To help bridge that gap, the Faulkners use a combination of mathematical models, non-invasive qualitative information taken from users, and AI interpretation, and output a financial plan that the user can complete on their own without needing to book a consultation. Article content “We built this to be applicable to 90 per cent of the population,” Dave said. “What we created covers basically from the time you are kicked out of your parents’ home until … their primary focus of ‘I want to save for a house, and I don’t think I can afford it, and I have some credit card debt.’ PlanDIY will adapt to that profile and will advise that young person on what they need to…