The tools include portfolio rebalancing, asset allocation analysis and model portfolio tools.
The addition means advisers can now actively monitor an individual client’s asset allocation, providing them with alerts to variances of both asset allocation and target model portfolios.
It also compares the client portfolio with previously established strategic or tactical benchmarks and is able to propose trades to the planner where appropriate to rebalance.
Macquarie head of product and proposition Adrian Nash says: “Feedback from our users is that too much time is spent by planners and their staff administering client portfolios. The ability to now control the timing and extent of the rebalance means that planners can produce bespoke outcomes for their clients, whilst maintaining an efficient operational business process.”