A routine, but important, aspect of your role as a financial adviser is regularly checking and balancing your client’s investments to match their desires and risk tolerance. For small clients, this can be a chore, but doable. For clients with tens of millions of pounds of assets under management, this can be like the (now defunct) Forth bridge repainting metaphor – it takes so long to do that by the time you finish you have to start again.
To combat this, many firms now use portfolio rebalancing software to automate or partially automate this, freeing advisors up for other tasks. So, what do portfolio rebalancing packages tend to offer, and what are some of the most popular solutions?
All of the top five market leading tools share a large number of features. The obvious starting point is automatic rebalancing, including the ability of an adviser to set tolerance … Read More