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Yes, we do. Learn how to use SmartRisk in your financial planning practice by watching this recorded demonstration.
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Choose the subscription that's right for you at $49.99/per month or $599/per year.
Your SmartRisk subscription is intended for the sole use of one user, as outlined in our End User License Agreement (EULA). If you plan on utilizing our tools for multiple users you will want to have an enterprise-level EULA with us.
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SmartRisk uses a 99.5% expected tail loss (ETL) in a proprietary heavy-tail model. It generally takes the average of the worst 0.5% returns in the portfolio. These capture a broader spectrum of extreme market events more often than traditional models would, allowing advisors to manage risk and set expectations for clients to make rational decisions.
Downside risk can be mitigated by focusing on assets that are impacted less by market fluctuations. These equities will show lower volatility and won’t be influenced as much as other equities.
Portfolio risk and return refers to assets within your investment portfolio that don’t meet certain financial goals. This can take place for many reasons, including systematic risk factors such as economic growth or decline, interest rates, tax laws, and more.
SmartRisk utilizes an analytic model based on historic pricing. It does not provide predictive modeling or "expected return" modeling. Pricing information is updated after the close of the market each day. Returns will be calculated based on current information such as dividend yields and daily price changes. Potential capital gains or losses on stocks, bonds, and mutual funds cannot be predicted, thus an "expected return" can only be based on historic data and market expectations.
Every investment comes with inherent risk, and financial advisors need to be able to gauge investment risks in different economic scenarios. SmartRisk can help you move prospects to the planning process and motivate clients to make portfolio changes, keeping ahead of potentially costly investment mistakes. Income Insight tests retirement strategies to make sure they hold up even in the event of a down market, early death, or unexpected health issue.
Market stress should be the focus of any discussion about risk. Demonstrating the impact of market volatility with stress tests or a heavy-tailed model can prevent clients from making poor financial decisions out of fear. If they know how bad it could get, and have a strategy they feel confident in, they are less likely to make rash decisions.
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