Products March 5, 2015

Investment Software Addresses Fiduciary Liability

New software from The E‐Valuator LLC provides Web‐based investment management support to mitigate fiduciary liability through customizable risk tolerance and reporting settings.
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The new E‐Valuator tool helps advisers structure and manage investment portfolios that factor in clients’ unique preferences on portfolio risk and duration of under-performance.

The tool can be customized for a range of clients, including individual investors, foundations, retirement plan investment committees and endowments, the firm says. Advisers can choose multiple time frames (one year through 10 years) for investment analytics.

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Another component of the tool determines the parameters of acceptable and unacceptable tolerance standards, and then documents these standards into the investment policy automatically. The E‐Valuator’s automated delivery emails client reports monthly, quarterly, semi‐annually or annually.

Morningstar Inc. provides the mutual fund and exchange‐traded fund (ETF) data that powers the E‐Valuator, giving advisers access to more than 35 data points—including Modern Portfolio Theory data points, expense ratio information, 12b‐1 fees and more—for investment screening. In addition, The E‐Valuator’s reports seek to organize data into highly visual and comprehensible reports.

More information about the software is available at www.e‐valuator.com or by calling 855‐870‐EVAL.

Deals & People March 5, 2015

Towers Watson Opens Investment Office With Three Hires

Jim Neill, Michael Dudkowski and Michael Patalsky join professional services firm Towers Watson from Wilshire Associates.
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They are tasked with providing investment services including risk assessment, strategic asset allocation, investment manager research and selection, and outsourced chief investment officer (OCIO) services.

Neill has 20 years of investment experience serving as an equity trader, portfolio manager and, most recently, a managing director in Wilshire’s investment consulting division. As a director at Towers Watson, Neill is responsible for helping to develop the OCIO and traditional consulting businesses. He earned his MBA from the Katz School of Business at the University of Pittsburgh and is a CFA charter holder.

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Dudkowski serves as a senior investment consultant at Towers Watson and will work with both OCIO and traditional consulting clients and prospects. He earned his MBA from the Mendoza College of Business at the University of Notre Dame and in 2004 joined Wilshire Associates, where he worked as managing director in the firm’s investment consulting division. He also has experience serving as director for research and fixed-income marketing at Federated Investors Inc. and as principal in the portfolio strategies research group at First Union Corporation, now Wells Fargo.

A senior investment consultant and CFA charter holder, Patalsky will work with both OCIO and traditional consulting clients and prospects. He has nine years experience working at Wilshire, where he held the position of managing director in the firm’s investment consulting division. Additionally, he worked on the plan sponsor side in the benefits investment and financing group of PPG Industries Inc. Patalsky earned his MBA from the Tepper School of Business at Carnegie Mellon University.

“We are delighted to open an investment office in Pittsburgh, and these hires are an indication of our ambition to continue to grow market share. We welcome Jim and the two Michaels, and look forward to benefiting from their significant combined experience,” says Steve Carlson, U.S. head of investment at Towers Watson. “We expect to continue hiring as general demand grows in all areas of our investment business.”

 

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