The search for technology to support model portfolio
management and portfolio construction services is increasing as
companies look to centralize and scale their model portfolio
management and compete in a rapidly growing market.
SAN
FRANCISCO, June 26, 2024 /PRNewswire/ -- The
utilization of model portfolios among financial advisors has
emerged as a transformative force, with staggering growth in model
portfolios projected to continue over the next decade. And with
good reason, they offer an efficient method for diversification,
risk management, and portfolio construction, with personalization
features to match the unique financial goals and risk tolerances of
clients.
Financial advisors are also increasingly turning to asset
managers for assistance in managing the model portfolios they build
and maintain for clients. Jacobi's model management
technology enables asset managers to scale the portfolio
construction services they offer financial professionals. The
technology enables a platform that can centralize performance and
risk analytics, integrate investment workflows, and produce
professional reports to share with clients.
An early adopter of Jacobi's model technology, leading asset
manager T. Rowe Price has seen
improved process efficiencies and enhanced engagement with
clients.
Chris Augelli, Head of Advisor
Engagement & Portfolio Construction Solutions at T.
Rowe Price, says:
"Jacobi's technology has enabled us to work faster and handle
the increasing demand for our portfolio construction services.
Having the team on one common platform through Jacobi has
facilitated collaboration in real-time, which has supported our
effectiveness in meeting clients' needs."
Tanya Bartolini, Chief Revenue
Officer at Jacobi, says:
"Our technology helps us partner with asset managers such as
T.Rowe Price to scale and
connect workflows, driving enormous efficiencies – and ultimately
increasing their market distribution."
About Jacobi
Jacobi Inc. is a global investment technology provider that
streamlines multi-asset investment processes and enables portfolio
design, analysis, and client engagement. Its unique "open
architecture" platform allows users to tailor the platform by
integrating their own code, models, data, analytics, and
applications.
Founded in 2014, Jacobi provides its technology to top-tier
investors across the globe, including some of 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 large global
asset management company known for investment excellence,
retirement leadership, and independent proprietary research, the
firm is built on a culture of integrity that puts client interests
first. Investors rely on the award-winning firm for its retirement
expertise and active management of equity, fixed income,
alternatives, and multi-asset investments. T. Rowe
Price manages $1.54 trillion in client assets as
of May 31, 2024, and it serves millions of clients
globally.
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SOURCE Jacobi Inc