Vestwell has partnered with portfolio risk startup Riskalyze to create Riskalyze Retirement Solutions. The end to end digital 401k platform allows financial advisors to quantify a client's risk tolerance with Riskalyze's Risk Number, and onboard and service clients through Vestwell's retirement platform.
Riskaly“Through our joint platform, Riskalyze advisors will be able to create and manage retirement accounts quickly and painlessly, while meeting all compliance needs,” said Aaron Schumm, CEO at Vestwell. “We’re excited that advisors can begin using this offering from Riskalyze to provide clients with a comprehensive, risk-oriented 401(k) solution.” Other enhancements announced by Riskalyze as a whole include: Stats: Advisors are provided powerful portfolio metrics, including detailed statistical analysis, sector breakdowns, regional heat maps, diversification analysis and a powerful new way to visualize correlations. Fee Visibility: Advisors can model advisory fee schedules into portfolio analytics and long-term retirement mapping. Performance Reporting: Riskalyze offers deep integration with performance reporting solutions, with one-click access to client household performance reports generated. Advanced Lead Generation: Advisors can create multiple lead gen links and configure them with client-driven account opening capabilities compatible.ze