The reports show clients how their portfolio is performing against benchmarks, what is driving their portfolio’s performance and how much risk they have taken. A portfolio view broken out by asset class enables them to make additional comparisons, so they can see how well they are doing compared to the market and change allocations accordingly.
“Given the challenges of today’s investing landscape, people don’t always know what to make of their portfolio fluctuations,” said Andy Gill, executive vice president for Schwab.
“It’s natural to want to know, ‘How am I doing?’,” Gill continued. “Providing clients with more information about both how and why their portfolios behave will help them become more successful investors, whether they make the changes on their own or with support from Schwab.”
