Fidelity Institutional has added a digital tool that it says can help wealth managers quickly review and compare investment strategies — Fidelity Portfolio Quick Check, which about 300 firms have been trying out since early this year.
The portfolio tool lets wealth managers do scenario planning and analyze investments, as well as their performance, fees and risks. With it, advisors can efficiently "discover new opportunities to improve investment strategies and demonstrate the benefits of actively managing investments to their clients," according to the firm.
The news comes about three months after Fidelity Institutional rolled out major updates to its technology offerings, including enhancements to its Wealthscape advisor tech platform and a tool that gives advisors insight into their wealth firms' digital strategies and adoption.
