Introduction to YCharts
YCharts is a comprehensive platform designed to provide wealth management professionals with the necessary tools for delivering exceptional results to their clients. The platform has evolved into an all-in-one solution for investment research and client communication, focusing on creating software that elevates and supports clients' goals by offering easy-to-use tools, reliable and timely data, and industry-leading customer service.
November 2024 Updates
In November 2024, YCharts introduced several new features and enhancements. One of the key updates was the introduction of Nested Sharing capabilities, allowing Large RIAs and Independent Broker Dealers to share affiliate-specific models, dashboards, and reports with affiliate advisors. This facilitates a consistent proposal process across firms while maintaining autonomy for affiliate advisors. Additionally, asset managers and Outsourced Chief Investment Officers (OCIOs) can now provide bespoke solutions directly to advisors or firms using YCharts.
New Household Modules and Custom Security Upload
The November updates also included the addition of new Household Modules in the PDF Report Builder, providing enhanced household-level analysis. The modules offer a detailed breakdown of underlying accounts and visualize asset allocation across the household, offering a complete view of client investments. Moreover, YCharts introduced a Custom Security sFTP Upload feature, simplifying the creation and management of Custom Securities, such as alternative assets or international holdings, in a streamlined process.
Month- and Quarter-End Tearsheets
Another notable feature introduced in November was the ability to generate tearsheets reflecting performance and risk metrics as of the last month or quarter end. These standardized reports ensure consistent, accurate data for client discussions, providing a comprehensive view of historical performance.
Additional Updates from Previous Months
In addition to the November 2024 updates, YCharts has been consistently enhancing its platform with innovative features. For instance, the Quick Extract feature introduced in September 2024 simplifies importing prospect and client portfolio data, empowering wealth management professionals to focus on higher-value analysis work. The Interactive Analysis Tool from October 2024 offers a scenario-based experience to guide clients through investment scenarios, and the Passkeys for Login feature enhances security with biometric authentication.
Empowering Effective Client Engagements
YCharts' continuous updates and feature enhancements are designed to streamline operations, enhance analysis capabilities, and provide a secure and efficient platform for wealth management professionals. By empowering professionals with advanced tools, reliable data, and exceptional customer support, YCharts is committed to driving success for its clients and enabling them to deliver superior outcomes for their investors.