Portfolio Review Tools

22 replies [Last post]
jwcopper's picture
Offline
Joined: 2008-05-13

What comprehensive portfolio review and comparison/recommendation tool are you using, what do you like, dislike, why did you decide to use it vs. something else.

laurenbsc's picture
Offline
Joined: 2008-02-01

gs xray... love it.  beautiful reports. I prefer it over morning star due to ease of use.

intrigued's picture
Offline
Joined: 2007-05-27

GS Xray? Haven't heard of that one, do you have a website link?

now_indy's picture
Offline
Joined: 2006-07-28

Sell some Goldman Sachs funds, and your GS internal will give you access to it for free. It's pretty nice.

B24's picture
B24
Offline
Joined: 2008-07-08

Not sure what version of Morningstar you are referring to, but the one I use (through Jones) is almost identical to GS I X-Ray (which I used to use), except that it has more reporting functionality than GS, and not the silly limit on the number of reports you can save like the GS version.  But the info comes from Morningstar.

Squash's picture
Offline
Joined: 2008-08-08

The GS Xray is the same as morningstar xray, GS paid Morningstar so that it could offer a so called "advantage" for using GS funds(I think it was for EDJ reps, before they got the morningstar system they use(which is still a partial to the whole morningstar system))

peacock's picture
Offline
Joined: 2004-12-09

Do you really want to use a tool that has a mutual fund company logo on it?  Talk about conflict of interest.

Squash's picture
Offline
Joined: 2008-08-08

What do you use Peacock? Not bashing just curious

Squash1's picture
Offline
Joined: 2008-11-19

Anyone using a portfolio review tool, that can encompass UITs, Alternative Investments, etc..

Hank Moody's picture
Offline
Joined: 2008-11-10

You guys aren't kidding, are you? How the hell do you expect people to make emotional decisions when you bombard them with intellectual material? 

Morphius's picture
Offline
Joined: 2007-07-21

Hank Moody wrote:You guys aren't kidding, are you? How the hell do you expect people to make emotional decisions when you bombard them with intellectual material? 
You're in rare form today, Bobby!   

theironhorse's picture
Offline
Joined: 2007-03-03

one thing is for sure, if you use morningstar reports you will definitely set yourself apart from the competition.  clients LOVE them!

MinimumVariance's picture
Offline
Joined: 2008-08-20

It really matters how many colors you can use. I always carry at least 6 different colored pens

mrclutch's picture
Offline
Joined: 2006-09-23

We just went live with a system called Investigo.  Performance reporting was one of the main reasons we chose them and they were recommended by our clearing firm.  It seems pretty good so far, but does anyone have any experience with them?

dedub01's picture
Offline
Joined: 2006-02-10

Goldman Sachs XRay is going away June, 2009. I subscribe to Morninstar, but their reports are not as nice as GS. What else are people using that is as polished as GS?

slimpickens's picture
Offline
Joined: 2009-03-20

GS Xray is morningstar, they pay for it so reps don't have to(or for those at Jones who couldn't(before they all got it))

dedub01's picture
Offline
Joined: 2006-02-10

Slimp,Sorry. I didn't explain myself well enough. Yes, I know GS Xray is fundamentally Morningstar's Xray. That's not what I was getting at. I think most would agree with me that GS' Xray produced a superior .PDF report, suitable for showing a client. While the data is in Morningstar's Xray, the output is pretty bad - it just looks like printed web pages.So, to rephrase my original poorly worded question: What else are people using that has the data of a Morningstar Xray and the usability of a GS Xray?Thanks in advance.

Squash1's picture
Offline
Joined: 2008-11-19

I can't put all my assets in morningstar, so I only use it for fund snapshots to show expenses and manager tenure... Morningstar is terrible their fund rating is completely backwards, their 2-3 star funds are just as good as their 5 star funds... Always looking backwards..

Philo Kvetch's picture
Offline
Joined: 2005-05-17

Get an LPL Rep to show you their portfolio tool. It's surprisingly good.

B24's picture
B24
Offline
Joined: 2008-07-08

dedub01 wrote:Slimp,Sorry. I didn't explain myself well enough. Yes, I know GS Xray is fundamentally Morningstar's Xray. That's not what I was getting at. I think most would agree with me that GS' Xray produced a superior .PDF report, suitable for showing a client. While the data is in Morningstar's Xray, the output is pretty bad - it just looks like printed web pages.So, to rephrase my original poorly worded question: What else are people using that has the data of a Morningstar Xray and the usability of a GS Xray?Thanks in advance.
 
Not true if you are using the paid-for Morningstar site.  It is identical to the one GS had.  I know this because currently we have access to both GS and the straight MS tool - they are nearly identical (GS goes away soon).  You are probably referring to the online "web" version, correct?  The one you can use for free at their website?  Not the same.
 
And the new MS tool we got is better because we don't have the silly GS logo on the front anymore, we have our own firm's name.

N.D.'s picture
Offline
Joined: 2009-07-13

I had a client ask me today what websites are the best for showing his son some of the basics about screening funds, doing tech and fundamental analysis, and most importantly to him, portfolio reviews. His son attends middle school and has a strong desire to join the "biz" one day. So my question would be...
 
What websites are good for beginners or youths in these regards? He asked specifically about websites that allows you to input various portfolios by their individual holdings. We use Morningstar Advisor Workstation. My client thought it would be a little much at first for his son. Does anyone know of a simple version of Morningstar that is preferably free or close to it?
 
(I would list the websites that I have already shown him but i don't want to appear to be pushing them i.e. screener sites are a dime a dozen, analysis sites are not difficult to find but a good portfolio review and breakdown is not. I guess good and cheap don't go hand in hand.)
 
Thanks in advance for your help on these concerns.

DeBolt's picture
Offline
Joined: 2009-07-12

Just give him your login and password. By the time he gets to high school he will be a pro.

N.D.'s picture
Offline
Joined: 2009-07-13

Yeah right. I told him about the calculators on Bloomberg and he liked the one for asset allocations. He called me Friday morning and asked if there was a program that you could enter investments and the program would put the tickers or cusips in the correct "pie pieces" and instantly recalculate. The program we have requires the portfolio to be entered all at once and then a review will be generated. I told him to design a program like that and I would be the first to use it. I think it would really help to show clients how different investments could potentially affect their portfolio without printing a "with" and "without" Morningstar report.

Please or Register to post comments.

Industry Newsletters
Careers Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×