Riskalyze recently announced that the next generation Autopilot platform, including the Autopilot Partner Store and Risk Number® Models, is now live and available for advisors. The multi-custodial automated account platform allows advisors to build model portfolios, assign models to client accounts and automatically generate trades across multiple custodians to deliver both personalization and scalable automation. One-Click Fiduciary™ technology keeps accounts on track after that, surfacing the decision-making opportunities for advisors based on certain criteria.
As a follow-up to the initial announcement of Autopilot in February, Riskalyze is also unveiling Autopilot’s pricing model. Advisors interested in using Autopilot with the Risk Number Models exclusively can use the platform for free. This development puts the industry’s most advanced account automation technology at the fingertips of advisors without any additional cost to their practice, or to their clients. The Risk Number Models are 21 low-cost, tax-efficient models that advisors can customize with over 150 ETFs.
Advisors can also build their own portfolios from scratch or leverage research from the Autopilot Partner Store, using over 85,000 US stocks, ETFs and mutual funds. Pricing starts at 15 bps, and drops to 10 bps with a $5 million commitment. The Partner Store goes online today with partners like AlphaDroid, BlackRock, Cambria, CLS Investments, First Trust, LikeFolio, Longboard Asset Management, Morningstar Managed Portfolios, SEI Investments, and Swan Global Investments. Additional partners are expected to join in the coming months.
“Riskalyze replaced the pen and paper method of making investment choices, and now we’re eliminating the manual work of implementing those decisions. We’re on a mission to empower the world to invest fearlessly, and the Autopilot platform is all about equipping advisors to do just that,” said Aaron Klein, CEO at Riskalyze. “We couldn’t be more excited to deliver an automated account platform that ranges from affordable, to effectively free.”
To explore the new Autopilot technology, including Risk Number® Models, the Autopilot Partner Store and One-Click Fiduciary™ technology, visit www.riskalyze.com/autopilot.
Riskalyze is the company that invented the Risk Number®, which powers the company’s Risk Alignment Platform. The company helps advisors automate client accounts with Autopilot. Compliance teams to can spot issues, develop real-time visibility and navigate changing fiduciary rules with Compliance Cloud. Advisors, broker/dealers, RIAs, asset managers, custodians and clearing firms use Riskalyze better serve their clients.