Keynote presentation at Fearless Week showcases Intelligent Tax Optimization, Automated Tax Loss Harvesting, all-new portfolio analytics, and expanded coverage of structured notes(Riskalyze)
At the company’s Fearless Week keynote, Riskalyze announced powerful new tax intelligence capabilities for its advisor trading platform, leapfrogging the status quo of legacy rebalancing tools, and showcased groundbreaking new portfolio analytics as a part of Riskalyze Elite, as well as expanded coverage for structured notes on the platform.
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The natively-digital Fearless Week event has brought together thousands of the industry’s leading financial advisors, as well as more than 80 entrepreneurs, builders, innovators, investors, technologists and leaders as speakers and panelists.
Riskalyze CEO Aaron Klein kicked off the keynote with a six-step guide on how advisors can keep their clients fearless during this “risk-first decade” and then turned to demonstrations of these pivotal enhancements to the platform. Notable among today’s presentation included:
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- New Investor Sentiment Data: Riskalyze Chairman Lori Hardwick presented new research from data in Riskalyze that demonstrated client psychology in 2020, its correlation to market performance, and the relationship between plan confidence and market sentiment.
- New Portfolio Analytics Tools: Riskalyze gave a tour of the recently-announced new Detailed Portfolio Stats in Riskalyze Elite and demonstrated the delivery of Risk Alpha to clients with all-new printed reports. Advisors also now have the ability to attach additional pages to PDF reports for Form CRS delivery or other customizations.
- Intelligent Tax Optimization: Demonstrated live for the first time, Riskalyze’s proprietary trading optimization engine now allows advisors to easily set a capital gains budget for a client. The technology runs millions of scenarios to determine precisely how many shares of each tax lot to get the client as close to their Risk Number® target as possible, while staying under budget.
- Automated Tax Loss Harvesting: Riskalyze previewed its groundbreaking ability to completely automate the loss harvesting process for advisors. Unlike legacy rebalancing tools whose multi-step processes include the advisor telling the computer which securities might need to be harvested, Riskalyze’s automated solution analyzes millions of holdings every day for opportunities to harvest losses. Advisors can easily customize thresholds and set up replacement securities for Risk Number® ranges within the portfolio.
In addition, Riskalyze now automatically manages parallel positions and facilitates switchback rebalancing after the 31-day wash sale window ends. Advisors can either do an immediate switchback, or can allow the technology to automatically move the client toward target over time while maximizing tax efficiency. - Coverage of Structured Products: Riskalyze today announced a major expansion of structured notes coverage through a new partnership with Halo Investing. Not only will advisors be able to analyze tens of thousands of structured notes in Riskalyze, they’ll also experience a seamless “single sign on” experience between Riskalyze and Halo.
“We’re thrilled to partner with Riskalyze and play such a prominent role in this year’s Fearless Week,” said Biju Kulathakal, CEO at Halo Investing. “Structured notes are on the rise, and we believe they are a great product to help mitigate volatility for advisors using Riskalyze to manage risk.”
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