Andes’ patent-pending Threat Tolerance Check permits purchasers to choose the chance and return tradeoff in a visible and intuitive vogue, and the outcome maps on to one of many advisory agency’s fashions. A standard threat questionnaire is used to cross validate the outcome to make it much more defensible.
Behavioral threat is one other essential side of the general threat image, and Andes offers a simple approach for advisors to make use of behavioral finance systematically. “Combining the consumer’s behavioral profile with the funding threat profile, it offers us an much more in-depth view of our purchasers. This has opened up one other stage of dialog we are actually having, resulting in a lot better and deeper relationships,” mentioned Lloyd Easters, Chief Funding Officer at INVST, a $800 million RIA.
Threat administration is a thread that runs by way of Andes’ increasing WealthTech platform, together with a portfolio visualizer that provides real-time threat monitoring referred to as deep analytics, and a state-of-the-art Funding Coverage Assertion (IPS) generator.
Andes’ deep analytics and visualization assist advisors successfully inform their long-term story throughout market turmoil. Business thought chief Bob Veres mentioned, “it’s an ongoing instrument to spur dialogs and supply explanations within the face of maximum market situations.” It is a vital innovation for the wealth administration trade, as acknowledged by the nomination within the Portfolio Analytics class.
Wealth administration is present process drastic adjustments; Andes Wealth Applied sciences is an important catalyst on this transformation to convey readability, enhance transparency and strengthen belief.
About Andes Wealth Applied sciences
Andes Wealth Applied sciences is the primary firm to mix behavioral finance with threat visualization to supply a brand new technique to ship wealth administration companies. Impressed by Dr. Andrew Lo from MIT and his Adaptive Markets Idea, Andes Wealth offers advisors with a complete and strong consumer onboarding and communication expertise resolution. Helen Yang, CFA, founder and CEO of Andes Wealth Applied sciences, shared the distinguished Harry Markowitz Award with Dr. Lo in 2011.
To be taught extra, go to https://andeswealth.com.
SOURCE Andes Wealth Applied sciences