FolioDynamix launches new version of its unified wealth management technology platform

FolioDynamix, a provider of web-based wealth management technology, has rolled out Version 7.3 of its wealth management platform.

FolioDynamix launches new version of its unified wealth management technology platform

FolioDynamix, a provider of web-based wealth management technology, has rolled out Version 7.3 of its wealth management platform.

The Version 7.3 release includes a series of new enhancements to deliver more granular performance reporting, empower advisors with more flexible trading and rebalancing tools, and enable advisors to more effectively manage unified managed household (UMH) accounts.

Updates to the FolioDynamix wealth management platform include:

A holistic unified managed household (UMH) view across all accounts that enables advisors to view and manage the aggregate holdings of a household, analyze the impact of portfolio changes, including possible tax consequences, and make informed trading decisions to best align the entire household portfolio to target objectives

Enhanced reporting and analysis that gives advisors deeper insight into asset class performance with support for nested reporting hierarchies, benchmark comparisons and realized and unrealized gain/loss breakdowns

Updates to FolioDynamix’ next-generation trading and rebalancing engine to provide advisors with greater flexibility on asset swaps, manual trades and sleeve-specific trading strategies; plus, improved sleeve management tools and the addition of GICs sectors to support additional levels of analysis necessary for fundamental portfolio managers.

FolioDynamix chairman and CEO Joseph Mrak said, “Thanks to our continued focus on innovation, FolioDynamix has become the go-to wealth management platform for firms seeking to capitalize on the next wave of industry growth and improve the efficiency and profitability of their wealth management business.

“FolioDynamix delivers best-in-class wealth management capabilities in a single unified, secure cloud-based technology platform that is completely configurable to the unique needs of each business.

“Greater efficiency, more innovative program offerings, stronger client relationships and faster acquisition of new clients are just a few of the benefits our clients have gained from the FolioDynamix wealth management platform. We expect Version 7.3 will deliver even greater value in the areas of efficiency, advisor productivity and overall portfolio reporting.”