COLUMBUS, Ohio and NEW YORK, June 13, 2017 /PRNewswire/ — AI Insight, Inc. (AI Insight) and ActiveAllocator Holdings LLC (ActiveAllocator) announced today the formation of a joint venture to advance the thoughtful use of alternative investments by connecting financial advisors to the ActiveAllocator portal. The joint venture will provide AI Insight users, who benefit from rigorous product-level training in alternative investments including real estate, private equity and hedge funds, with access to ActiveAllocator’s proprietary asset allocation and portfolio optimization portal.
The ActiveAllocator portal allows financial advisors to objectively assess client portfolios and optimize expected portfolio return per unit of portfolio risk. ActiveAllocator also enables financial advisors to assess independently the impact of more than fifty asset subclasses on portfolio optimization. In just minutes, ActiveAllocator generates personalized, customized and optimized recommended portfolios.
Sherri Cooke, president and CEO of AI Insight, commented, “We are very excited to join with ActiveAllocator to provide AI Insight broker dealer and financial advisor clients with access to ActiveAllocator. AI Insight is dedicated to helping financial advisors make smarter decisions about alternative investments, values that are shared by ActiveAllocator.”
Sameer Jain and Brian Jones, co-founders of ActiveAllocator added, “We are honored to partner with AI Insight, the leader in alternative investment research, education and compliance documentation. Together, AI Insight and ActiveAllocator provide financial firms and advisors with the most comprehensive set of tools to intelligently integrate alternative investments in optimized client portfolios.”