Here, you will find powerful analytics to help you better manage your investment portfolios and retirement plans. Below is a step-by-step guide to get you started:
Getting Started with Portfolio Analytics
The Portfolio Analytics menu is circled in the screenshot above. It separates features into three groups: Accounts, Portfolios, and Planning.
SEE / ADD INVESTMENT ACCOUNT INFORMATION
Your investment account data is automatically retrieved and populated in Portfolio Analytics.
You can also manually enter your investment account information (holdings and quantity of shares) from other institutions that you may have. From the landing page:
View Accounts >> Enter your accounts (upper right)
ANALYZE YOUR INVESTMENTS
To receive your Portfolio Scorecard, click an account to view, and then click the Analyze button in the upper right. You can analyze an individual account, a specific group of accounts, or all of your accounts together in Accounts Overview.
Your will be taken to an Overview page and see an overall grade as well as a grade for each of 5 important dimensions: Performance, Downside, Income, Fees, and Diversification. Analytics are based on the current composition of your portfolio, so as to assess how sound your existing portfolio is. That means we use the same holdings and the same weights in the analysis.
(Note that this application does not have access to your past transactions and deposits / withdrawals.)
Your portfolio is analyzed against a benchmark that is automatically selected based on the closest equity-to-fixed income ratio of your portfolio e.g., 70% equity 30% fixed income. This benchmark serves as a reference point in scoring the Performance and the Downside dimensions in the scorecard. If your portfolio is just matching the benchmark, rather than outperforming it, it will receive a passing mark of 65%. Note also the following:
The analysis time frame in the scorecard is the longest common history of the holdings in an account, based on the inception/IPO dates of the holdings.
The historical returns in the Performance tab are calculated using each security's historical monthly returns, maintaining the same portfolio weights throughout.
Fees in our analysis refer to fund fees, i.e., Management Expense Ratio (MER), which may include a trailing commission for your advisor, depending on the share class. Your transaction fees are not included.
TEST A PORTFOLIO IDEA
Now that you have seen how your current portfolios fare with the Portfolio Scorecard, you may wish to try our portfolio builders. You can test different portfolio ideas prior to actually investing, and see how they score. Navigate to:
Portfolios >> Create new
You may also save your portfolio to revisit later, or for use in other features. Here is a quick animation that shows how to save a portfolio.
SET PLANNING GOALS
Create a comprehensive and intuitive Retirement Blueprint for yourself or include a spouse. The portfolios you have created and saved can be used to model your financial goals.
Planning >> Retirement blueprint
Gauge your retirement spending needs and back out the target wealth required by the time you retire. Then, calculate how much you will need to save each month to meet your goals.
Already know how much you want to spend per year after you retire? Navigate to:
Planning >> Target wealth
Calculate the target wealth you would need to accumulate by your retirement age given your expected annual spending during retirement.
To meet specific a savings target, navigate to:
Planning >> Target saving
Determine the necessary monthly savings required to meet any future financial goal (think children’s education, purchasing a home, retirement savings, etc.).
Now that you have a handle on the main features, you are all set to try out the rest!
For a detailed description of all features, please download our Knowledge Base PDF.
For any inquiries, please contact us at firstname.lastname@example.org.