Investment advisers can leverage the SmartVision Analytics solution from eVestment to have “smarter, more in-depth and more complete” client conversations.
The cloud-based solution gives advisers a richer picture of trends in the institutional investment world, eVestment says, including insights into the latest behaviors of pension funds, insurance companies, sovereign wealth funds and foundations.
In announcing the SmartVision launch, eVestment revealed that national broker/dealer LPL Financial will be the first company to incorporate SmartVision Analytics directly on a vendor platform. Even better for LPL advisers, SmartVision will be offered under the firm’s Vendor Affinity Program—giving them access to preferred pricing via a centralized repository of preapproved vendors.
eVestment says the insights delivered through SmartVision are critical because about half of the multi-trillion-dollar pool of investable cash around the world is controlled by institutional investors. Beyond the sheer size of the market, institutional investors are looked to as trendsetters in terms of asset allocation strategy, investment vehicle selection and various other factors.
SmartVision Analytics is powered by eVestment data on more than 70,000 active investment vehicles including mutual funds, hedge funds and private equity strategies. “With this wealth of data in an easy-to-use tool, SmartVision provides a real-time view into the investment options institutions are reviewing and considering,” the firm adds.
Victor Fetter, LPL Financial managing director and chief information officer, says the firm looks forward to using SmartVision.
“We recognize that technology is a major contributor to creating increased efficiency and driving greater productivity in our clients’ businesses,” Fetter says.
SmartVision Analytics is available to North American financial advisers through enterprise-wide or individual subscriptions. More information is here.