Kwanti Expands Platform Tax Analysis Offerings
Kwanti, a San Francisco portfolio analytics fintech company, has added tax portfolio analysis and advanced model tracking tools to its platform.
With the new “Tax Drag Analysis,” advisors can efficiently showcase the significant impact of inefficient tax management on portfolio returns—and help their clients gain a better understanding about how high expense ratios can affect their portfolio’s bottom line. Kwanti’s interface now includes fund expenses and tax drag under its “Expenses” tab.
The tax-drag analysis is available to both new and current users at no additional cost. The company offers a free 30-day trial to all other interested parties, with no software to install and all features available during the trial.
Kwanti has also introduced a feature called “Model Portfolio Tracking.” This allows users to add a model portfolio’s history of changes to achieve a more realistic illustration and performance calculation. Previously, the only way to edit a model’s history in Kwanti was through an import of data sorted into comma-separated values (or CSV), the formatting that allows data to be converted into such applications as Microsoft Excel or Google Sheets.
According to Kwanti, having a model portfolio’s history of changes is very important to advisors when they are making proposals to clients or prospects, since it gives clients a more accurate representation of how their portfolio has performed over time. A more comprehensive view of portfolio history keeps investors from making impulsive decisions amid short-term market movements.
Snappy Kraken Adds AI To Advisor Email Marketing
Snappy Kraken, a financial marketing technology company headquartered in Ormond Beach, Fla., has launched an artificial intelligence-powered email builder for financial advisors.
The technology turns pedestrian headlines into captivating ones, generates personalized and brand-consistent images and crafts impactful client calls to action.
The builder uses drag-and-drop tools. A “Magic Image” feature allows advisors to quickly generate unique images enhancing the visual appeal and personalization of their emails. A “Smart Headlines” tool transforms bland text into engaging phrases that fit advisors’ brands and voice. A “Smart Text” feature allows advisors to shape their thoughts into well-organized, summarized, simplified, expanded or revised prose. And a “Smart Button” feature encourages client participation.
Polen Partners With iMGP To Launch First ETF
Polen Capital, a global investment manager headquartered in Boca Raton, Fla., has partnered with iM Global Partner U.S., an international investment and business development platform based in El Segundo, Calif., to launch the first in a suite of exchange-traded funds (ETFs).
The fund is called the Polen Capital Global Growth ETF. Its ticker is PCGG, and the fund’s managers are Damon Ficklin and Bryan Power.
The fund seeks to achieve long-term capital growth through a concentrated portfolio of competitively advantaged businesses with sustainable, above-average earnings growth. It focuses on companies with high returns on capital and double-digit earnings growth, and holds these names over the long term with little portfolio turnover.
iMGP Funds will act as investment advisor and Polen serves as subadvisor. The Polen Capital Global Growth ETF will be available through iM Global Partner’s U.S. mutual fund and ETF platform, leveraging iMGP’s extensive relationships and tools for broader distribution.
With the addition of Polen as subadvisor, iMPG’s ETF platform expands to four firms sub-advising active ETFs on it.
To learn more about PCGG, please visit imgpfunds.com/pcgg.
FP Alpha Debuts Home And Auto Insurance Review Tool For Advisors
FP Alpha, a New York City-based financial services company for advisors, has launched a solution for the faster upload of client home and auto insurance documents for advisor review.
The P&C Snapshot allows advisors to more easily and more quickly review client policies for gaps or deficiencies in their current coverage. It also improves advisors’ communication with clients and prospects by helping advisors better guide discussions during a meeting, as well as produce something tangible the clients can review afterward.
The new offering, which went through a successful beta testing process, complements FP Alpha’s suite of advanced planning tools that include the Tax and Estate Planning Snapshots and Modules.
For more information, please visit fpalpha.com/p-c.
GeoWealth Partners With Halo To Offer Structured Notes Tool To RIAs
GeoWealth, a Chicago fintech company, has partnered with another Windy City company, Halo Investing, to offer customizable structured note portfolios as a component of unified managed accounts.
GeoWealth offers proprietary sub-accounting software that allows advisors to view, report and bill at the individual sleeve level, while Halo’s easy-to-use structured notes tool allows them to more efficiently deploy and manage structured note exposure in client portfolios and model programs as a sleeve in a UMA.