Lowes Financial Management has opened up its in-house structured product portfolio monitoring system to advisers in a bid to widen their appeal.
Through the firm’s spin off, StructuredProductReview.com, advisers can use the SP-Perspective software for free as part of the company’s push to create a comprehensive research service for the asset class.
The software tracks a portfolio of products, alerting the adviser of approaching strike levels, maturities and creditworthiness changes for counterparties.
StructuredProductReview.com founder Ian Lowes says the service fills the gap left by platforms’ lack of engagement.
The software can be combined with a subscription service, to be launched in January, that will offer information on every structured product issued in the past six years.
“When used to its full potential SP-Perspective will help advisers improve their client service by planning for forthcoming maturities and keeping track of their clients’ structured product investments like never before,” Lowes says.
“This is a one of its kind service that offers the ability for portfolio management of structured products.”
Thomas & Thomas managing director Darren Lloyd Thomas says while there are some providers that offer quality structured products, there is a lack of information that makes advising on them difficult.