CONCORD, Calif., April 6, 2016 /PRNewswire/ -- AssetMark, Inc., a leading provider of innovative investment and consulting solutions serving financial advisors, today announced the launch of PortfolioEngine, a sophisticated modeling tool that enables advisors to easily build, compare and test portfolio strategies to determine the impact that recommended investment selections could have on their clients' financial goals in times of market volatility and growth.
With PortfolioEngine advisors can:
- Compare investment portfolios in visually dynamic ways
- Stress-test portfolios to see how different investment strategies work together
- Simulate market conditions and select relevant benchmarks to aid conversations with investors about portfolio performance
Investor demands and changes in the financial services landscape are prompting a shift to more transparent communications around investment strategies and performance. PortfolioEngine is part of AssetMark's larger, long-term strategy to provide advisors with compelling technology that helps inform decisions in the portfolio construction process while supporting more constructive conversations with investors.
"The tool guides advisors step-by-step through the portfolio planning process to help them select the best mix of strategies for their clients," said Natalie Wolfsen, Chief Commercialization Officer at AssetMark. "PortfolioEngine translates existing portfolios into AssetMark's Investing Evolved framework, which is comprised of three essential strategies: Core Markets for broad market exposure, Tactical Strategies to limit loss or enhance returns pursuant to a client's risk tolerance, and Diversifying Strategies which represents bonds, bond alternatives and equity alternatives."
The technology behind PortfolioEngine lets advisors run goal and life planning analyses for investors and dynamically chart how different investment strategy allocations could impact client outcomes. "PortfolioEngine helps advisors manage their clients' expectations related to risk and return while customizing portfolios to better target client goals," said Matt Matrisian, SVP of Strategic Initiatives at AssetMark. "The technology we're delivering will be a point of differentiation for advisors. It can transform the way advisors do business."
About AssetMark, Inc.
AssetMark, Inc. is a leading independent provider of innovative investment and consulting solutions serving financial advisors. The firm provides investment, relationship and practice management solutions that advisors use to help clients achieve their investment objectives and life goals. AssetMark, Inc., including its Savos and Aris divisions, has approximately $28.5 billion in assets on its platform and a history of innovation spanning over 20 years. AssetMark is not affiliated with PortfolioEngine. For more information, visit www.assetmark.com and follow @AssetMark on Twitter.
Andrew Jarrell, Group Gordon
(212) 784 5721
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SOURCE AssetMark, Inc.