San Francisco-based RIA Robertson Stephens is partnering with fintech compliance and risk analytics provider StratiFi Technologies to bring new technology to its financial advisors.
Robertson Stephens’ advisors will now have access to StratiFi’s PRISM Rating risk analytics within the firm’s investment solution.
"StratiFi allows our advisors to effectively aggregate risk across accounts and households to provide a robust framework for the investment discussion,” said Vikram Chugh, Robertson Stephens chief operating officer. “The digitization of the client risk assessment and the automation of the Investment Policy Statement create a highly impactful client experience. In addition, it helps Robertson Stephens substantially enhance overall portfolio oversight and supervision.”
The PRIS Rating uses StratiFi’s algorithms to analyze thousands of securities and quantify a portfolio’s correlation, volatility, tail and concentrated stock risk into easily communicated metrics, and offers actionable insights that assist advisors in mitigating risk.
The RIA says that the partnership will allow advisors to more effectively communicate about complex risk exposures with their clients in easily understood terms.
StratiFi’s risk scoring technology also purports to provide advisors a rolled-up score based on their book of business, giving them insight into the risks within their book of business.
"By adding the capacity to identify, define, manage, and communicate risks, StratiFi will help Robertson Stephens' wealth managers add more value to their client relationships while protecting and growing their practices,," said Akhil Lodha, co-founder and CEO of StratiFi, in released comments.
