As companies seek to centralize and scale model portfolio management and compete in a rapidly growing market, the search for technology to support model portfolio management and portfolio construction services is on the rise.
San Francisco, June 26, 2024 /CNW/ — Financial advisors’ use of model portfolios has emerged as a force for change, with the phenomenal growth of model portfolios predicted to continue over the next decade. And for good reason: Model Portfolios offer an efficient way to diversify, manage risk and construct portfolios with personalization capabilities that match clients’ unique financial goals and risk tolerance.
Financial advisors are also increasingly turning to asset management firms for help managing the model portfolios they build and maintain for their clients. Jacobi’s model management technology enables asset management firms to expand the portfolio construction services they offer to financial professionals. The technology provides a platform that centralizes performance and risk analysis, integrates investment workflows, and creates professional reports to share with clients.
One of the major asset management companies that was an early adopter of Jacobi’s modeling techniques was T. Rowe Price Process efficiency has improved and customer engagement has been enhanced.
Chris AugeriHead of Advisor Engagement and Portfolio Construction Solutions at T Company. Rowe Price, To tell:
“Jacobi’s technology has helped us speed up our work and keep up with the increased demand for portfolio construction services. Having our team on one common platform through Jacobi has facilitated real-time collaboration, allowing us to respond to our client’s needs more effectively.”
Tanya BartoliniChief Revenue Officer at Jacobisays:
“Our technology helps us partner with asset managers like T.Rowe Price It extends and connects workflows to realize significant efficiencies and ultimately increase reach to the market.”
About Jacobi
Jacobi Inc. is a global investment technology provider that streamlines the multi-asset investment process and enables portfolio design, analysis, and client engagement. Its unique “open architecture” platform allows users to customize the platform by integrating their own code, models, data, analytics, and applications.
Founded in 2014, Jacobi provides technology to leading investors around the world, including the world’s leading asset and wealth managers, pension funds, asset owners and investment consultants.
About T. Rowe Price
Founded in 1937, T. Rowe Price helps people around the world achieve their long-term investment goals. As a leading global asset management firm known for investment excellence, retirement leadership and independent, proprietary research, we are founded on a culture of integrity that puts our clients’ interests first. Investors trust the award-winning firm for its retirement expertise and active management of equity, fixed income, alternative and multi-asset investments. T. Rowe Price manages $1.54 trillion in client assets as of May 31, 2024, serving millions of clients around the world.
To download multimedia, view original content:https://www.prnewswire.com/news-releases/jacobi-releases-model-portfolio-tech-to-help-investment-firms-capitalize-on-booming-opportunity-302180965.html
SOURCE Jacobi Inc
To download multimedia, view the original content: http://www.newswire.ca/en/releases/archive/June2024/26/c8484.html
