AssetMark, a provider of investment and consulting solutions, is updating PortfolioEngine, its portfolio modeling tool, AssetMark announced Tuesday.
The enhancements will allow advisors to create portfolios that are more in line with clients’ financial goals. The new features also allow advisors to use visual modeling analytics to educate investors about making investment decisions, AssetMark said.
The new tools allow advisors to move, change and compare portfolio information to create a dashboard that encourages client conversations and educates investors on the ways in which recommended investment selections are designed to help them achieve their financial objectives.
New analytics allow advisors to make more informed portfolio decisions and visually convey to clients how different allocations, market conditions and risk expectations could impact recommended investment outcomes.
The tools also allow advisors to model clients’ savings or retirement goals to illustrate how various investments, market scenarios, contributions and distributions may impact their long-term goals.