Calling traditional risk profiling inadequate, Morningstar Inc. has introduced two new risk measurement tools “to provide a more rigorous and manageable client profiling and investment planning process for firms and their advisers,” the company said in a release.
Starting next week, the company's new Portfolio Risk Score will be available on its Advisor Workstation. The Portfolio Risk Score is also available now on third-party platforms through Morningstar Enterprise Components, along with the company's new Risk Comfort Range.
Both tools will roll out across Morningstar’s other platforms over the remainder of 2021.
The Portfolio Risk Score measures a portfolio’s level of risk compared with Morningstar’s Target Allocation Index family and can be applied to client portfolios, model portfolios, proposed portfolios or individual managed investments, the company said in a release.
The Risk Comfort Range is a methodology “to align client expectations about the risk exposure of their portfolios based on their risk profile and investment objectives to an appropriate range of Morningstar Portfolio Risk Scores,” according to the release.
My employer was biased – and the judge and magistrate are being unfair says ex-employee
Global survey reveals tailwinds for active ETFs and alternative strategies, plus a turning point in cost-conscious investing.
InvestmentNews begins its inaugural search for the top wealth managers in the industry.
The market for municipal bonds is notorious for being opaque and filled with difficult to price securities.
Leaders at Five Eleven Partners and Johnson Investment Counsel speak out on the costs of consolidation, the pros and cons of PE, and how they're planning ahead for clients and advisors.
In an industry of broad solutions, firms like intelliflo prove 'you just need tools that play well together'
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies