JP Morgan launches online adviser portal

On Thursday, JP Morgan Asset Management released a new online portal for advisers to compare and stress-test their portfolios based on a range of scenarios.

The online adviser portal will feature a digital portfolio analysis tool (dPI) that will enable advisers to run instant, on demand analytics, 24/7, to test the efficacy of their clients’ portfolios and stress test it before making any changes.

The dPI accesses a database of over 8,000 Australian investments and is able to produce results and reports for clients. It will allow advisers to run and compare a portfolio’s performance against their own standards and expectations.

Mark Carlile, head of wholesale, Australia and New Zealand for JP Morgan, said this program will allow advisers to give their clients more reliable advice as they can better assess the potential outcomes and risks of their investments.

“We’ve canvassed advisers to understand the types of tools and insights that would give them an edge and support them in their discussions with their clients. Our adviser portal, and in particular dPI, allows advisers to compare multiple portfolios and more importantly, stress test these portfolios across a variety of scenarios – for example, different equity markets or rate environments,” Mr Carlile said.

He said that the better insight about their portfolio’s potential will result in more meaningful discussions with their clients about any risks and what they can realistically achieve.

“This tool is currently available to advisers across US and we made a decision to launch the tool in Australia because of our fundamental belief that we are here to serve our clients,” Mr Carlile said.

The portal will provide advisers access to premium content, such as Eye on the Market and Long-Term Capital Market Assumptions, and the ability to create their own guide to the market deck.

Mr Carlile added, “Our size and scale allows us to be innovative in the ways we support advisers and we are excited to be offering this to advisers at no-cost – this is our commitment as a leading global active asset manager.”