NEW YORK, October 12, 2018 –
Powered by WisdomTree, the new tool serves as a resource for advisors with unique features including portfolio optimization, portfolio comparison, reporting, and stress testing.
AdvisorEngine, a financial experience company that provides a digital wealth management technology platform for financial advisors, today announced the addition of Portfolio Analysis Tool powered by WisdomTree. The availability of this tool comes as a free add-on for AdvisorEngine's wholly-owned subsidiary CRM Software Inc. known as Junxure. The tool serves as a resource for advisors to explore solutions in seeking to maximize returns while adjusting for a variety of key investing metrics, such as risk and fees.
One of the trademark components of this tool is the optimization engine that offers options for how advisors can adjust the portfolio allocation based on investing metrics, including income, performance, risk, risk-adjusted returns, and fees. In addition to the ETFs offered by WisdomTree, the tool helps advisors access insights into a broad array of U.S. listed mutual funds and ETFs – enabling advisors to explore diversified open architecture portfolios.
"The modern client expects more from their financial advisor. Our goal at AdvisorEngine is to arm advisors with the tools they need to reach the next level of client service," said AdvisorEngine CEO Rich Cancro. "The unique portfolio construction capabilities offered by the Portfolio Analysis Tool powered by WisdomTree are all packaged in a beautiful, intuitive interface – enabling advisors to add differentiating value to their client service and their overall business proposition."
Other features offered by the tool include:
- Portfolio Comparison: Advisors can compare two self-created portfolio allocations to assist in identifying which portfolio will potentially meet their clients' specific investment objectives.
- Reporting: Users can easily export white-labeled client-facing or advisor-facing reporting documents. The client-facing reports allow advisors to share select portfolio performance information, while the advisor-facing reports are more comprehensive, including all data from the portfolio analysis.
- Stress Testing: Advisors can conduct stress tests to address client concerns and compare hypothetical returns as a result of up-market or down-market conditions. To run these tests, advisors can utilize predetermined scenarios, like the financial crisis or the Federal rate hike, or they can also customize market conditions on the platform that could have an impact on the portfolio.
"Advisors deserve tools backed by data and research to upscale their business practice. We look forward to sharing this tool with the broad range of advisors that use Junxure," said WisdomTree Head of Client Solutions Thomas Skrobe.
The Portfolio Analysis Tool, available through the Junxure platform, was launched at the annual AdvisorEngine DRIVE Summit Oct. 10-12. In addition, the conference also hosted a discussion group of industry executives called the "CEO Studio" which focused on cultivating better advisor-client relationships through simplified communication channels and increased community engagement.
For more information about the Portfolio Analysis Tool or to inquire about how financial advisors can leverage the tool, please visit: https://www.advisorengine.com/