The CEO of FintekNews is a longtime trader and hedge fund guy and one thing that really bugs him is the plethora of unimaginative, vanilla investing platforms out there. No creativity, low yield, nothing special, says he. Enter Capitect, a new platform for advisors that will give wealth managers significantly more room to model customized, client-specific portfolios. In fact, if you visit their site, the five individuals listed all have engineering backgrounds. No flashy sales and marketing types up there just yet, but we think this level of customization is just what the doctor ordered.
“Capitect, a technology platform for financial advisors, rolled out new tools Wednesday that it says will enable investment managers to personalize and tend to every client portfolio.
The platform’s new Portfolio Architect and Rebalance Architect tools enable advisors to construct, using their strategies, a unique portfolio for each client and then automatically rebalance each one within set parameters.
Edwin Choi, the co-founder and CEO of Capitect, said advisors can now model an entire tree of asset classes and sub-asset classes which he dubbed the “infinite drill down.” As an example, an advisor wouldn’t be stuck choosing a model portfolio with an allocation to U.S. equities; they would be able to choose between U.S. small cap and large cap companies.
Advisors then create customizable “sliders” to define scenarios and factors specific to each client, but they can still rebalance investments across all of the client portfolios. They also maintain control and can review or override trades before submitting them to their custodian with just a few clicks, the company said…”
Full Story at Wealthmanagement.com