“It can be as simple as—let me show you how your portfolio has performed in relation to an index. From an asset management standpoint, it can show a client’s funds or model portfolios compared to alternative investment opportunities.”

What Kind Of Analytics And insights Can YCharts Provide?

Advisors can find prices for stocks, ETFs, and mutual funds fairly easily. Beyond that, you would be hard-pressed to find additional data, let alone be able to aggregate the data for analysis. Something Anjargolian and his founding partner decided to do from day one was to get the data, mix and match them, combine them, and create three layers of data analysis:

Data aggregation with mirroring so advisors can access it

4,000 continuous calculations on top of the aggregated data

Pre-built screens and pages for visualizing the data in the form of charts and tables

“A picture is worth 1,000 words. If you, the user, want to derive your own insights, and you want to derive that by seeing how a couple things chart together or laying them together in tables and seeing some side-by-side, some comparable analyses, you’ve got some easy tools to do your own analytics to derive some insights,” said Brown.

One of YCharts’s strongest assets is that it can correlate any data point. Eplett describes one side of the use cases as tracking economic indicators to see which ones are lagging. These lagging indicators can provide insights into market cycles and can help advisors prepare portfolios better or tactically shift away from particular assets. Additionally, when advisors sit down with their clients in person or send them email updates, insights into market fluctuations go deeper than just “investments are up by x%.” – Brown

“With YCharts, advisors can show clients how they have an eye on the economy, and that doesn’t just mean what the market did last quarter, and whether your investments are up 5% or 6%. It’s, ‘Hey, here’s what we’re seeing as far as trends in home values or home ownership, and here’s some trends in where debt is moving, and how student loan debt is actually overcoming credit card debt as something that we’re thinking about.’” – Eplett

Engineering Methodology And Technology Stack