BlackRock Offers Retirement Income Planning Solution to LPL

The tool shows investors how much annual retirement income their portfolio will produce.

BlackRock is offering its iRetire retirement investment framework to LPL Financial advisers.

The tool shows how much annual income clients’ portfolio will produce—and how changing their retirement date, savings rate or asset allocation can improve that outcome. Advisers can also use iRetire insights, fueled by Aladdin risk analytics, to build various portfolio scenarios for clients to consider, based on their retirement income goals.

“We are pleased to help LPL advisers embrace what we believe is the future of wealth advisory—the combination of powerful financial insight coupled with innovative technology—to support investors as they strive to reach their retirement income goals,” says Frank Porcelli, chairman of BlackRock’s U.E. Wealth Advisory Business.