The second quarter of the year coincides with the start of spring and offers an opportunity to take a “spring cleaning” approach to your clients’ portfolios. Proactively engaging with your clients to reaffirm or update the strategy you have in place can set the stage for a productive rest of the year and serve as a valuable connection point for your relationships.

In the past, these conversations may have leveraged market updates, like those from Envestnet Institute and BlackRock Investment Institute. While this information is valuable, the process of analyzing and applying the concepts to individual portfolios can be time-consuming. BlackRock’s 360° Evaluator, a tool that provides a comprehensive analysis of portfolios in just minutes, can be used in tandem with your own research and insights to create efficiencies and serve as a great starting point for conversations with your clients.

Powered by Aladdin®, BlackRock’s proprietary risk engine, you can upload your client’s portfolio and quickly get a view into risk, cost, and performance, connecting adjustments with their potential impacts. Here’s a quick overview of how it works in five simple steps:

  1. Upload a client’s portfolio (or choose a saved portfolio or one of BlackRock’s provided models).
  2. Analyze the portfolio from multiple angles and get a risk assessment, the underlying fundamental factors driving the risk, as well as regional and sector exposures.
  3. Stress test the portfolio against market event scenarios that matter most to your clients to help them more tangibly understand how the portfolio might react.
  4. Quickly and easily compare portfolios side-by-side – for example, compare your suggested portfolio with a prospect’s existing portfolio – to highlight the potential impact of your recommendations.
  5. Download reports to foster important conversations with your clients about their goals and opportunities.

360° Evaluator takes a look at today’s market environment and the current state of a portfolio and helps identify potential areas of risk exposure. While outcomes are never certain, this offers you an approach in addition to the typical returns-based or historical view of a portfolio. With straightforward client-friendly reports, the tool makes it easy to capture and interpret the findings and understand how a portfolio is aligned to intended client outcomes.

Sharing the information with clients or prospects can help make the case for changes and show your value by highlighting the potential impact your guidance could have on their outcomes. Leveraging Advisor Center and Envestnet’s model management tools can help you further put your insights into action.

360° Evaluator is available for Envestnet users who subscribe to BlackRock’s Advisor Center, along with other BlackRock tools like Scenario Tester and Tax Estimator. To learn more about how you can leverage our platform to provide unified advice for your clients, contact the Envestnet sales team at 855-769-0806.

The information, analysis and opinions expressed herein are for informational purposes only and do not necessarily reflect the views of Envestnet. These views reflect the judgment of the author as of the date of writing and are subject to change at any time without notice. Nothing contained in this piece is intended to constitute legal, tax, accounting, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.

Tools on BlackRock’s Advisor Center are offered exclusively for financial professionals. Certain tools allow for the generation of client reports.

IMPORTANT: The projections or other information generated by certain Advisor Center tools regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

Through a holding company subsidiary, BlackRock, Inc. (“BlackRock”) owns a non-controlling interest in Envestnet’s parent company, Envestnet, Inc. (NYSE: ENV).

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