Interactive Brokers Upgrades PortfolioAnalyst with AI Reports and VAR Tools

Interactive Brokers enhances PortfolioAnalyst with new features, including Value at Risk reports, AI-driven commentary, and improved retirement planning tools for advisors and brokers.

Key Points: 

• PortfolioAnalyst now includes a VAR section in custom reports and a VAR widget on the dashboard for enhanced risk assessment.
• The new AI tool automatically generates monthly reports summarizing portfolio performance and relevant market news, saving time for advisors.
• Advisors can create and manage personalized retirement plans for clients and easily link and aggregate IBKR and external accounts within PortfolioAnalyst.

Interactive Brokers has introduced a series of upgrades to its PortfolioAnalyst platform, adding more powerful tools for financial advisors and brokers. One of the most significant enhancements is including a Value at Risk (VAR) section in custom reports and a VAR widget on the dashboard. These new features enable more detailed portfolio risk assessments.

Interactive Brokers Upgrades PortfolioAnalyst with AI Reports and VAR Tools

Another significant addition is the AI-powered Commentary Generator, which creates automated monthly reports. The tool summarizes portfolio performance and relevant market news, pulling data from Benzinga, Traders’ Insight, and the Fed’s Beige Book. By automating the research process, the AI saves advisors valuable time and streamlines the reporting process. Advisors can also download and edit reports before distribution.

PortfolioAnalyst has also made it easier for advisors to aggregate client data by allowing them to send email instructions for clients to link their external accounts to the platform. This feature enables a comprehensive view of both IBKR and external accounts in one place.

Lastly, Interactive Brokers has improved its Retirement Planning tool, now accessible through the Planning tab. Advisors and brokers can create, view, and edit personalized retirement plans for clients, with a search feature to efficiently manage multiple plans.

These updates reflect Interactive Brokers’ ongoing commitment to enhancing PortfolioAnalyst as a comprehensive solution for financial professionals.

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