John Hancock Funds LLC, Boston, has enhanced its Web-based Portfolio Insight tool for financial advisers. Launched in mid-2009, the tool lets advisors do a comparative analysis of clients’ portfolio holdings, including 8,000 open-end mutual funds, as well as commodity and index exchange-traded funds, in a side by side format.
The tool offers a portfolio snapshot summary, along with performance analysis for the portfolio and each fund. The tool also boats portfolio analysis by sector and style, plus information on stock overlap among all holdings. Also available are economic and portfolio manager commentaries.
John Hancock says it that a print and electronic marketing campaign in support of the new features is planned for launch in October.
Separately, John Hancock Financial Network, Boston, has announced plans to launch Retirement Ready, a retirement income program to help JHFN financial professionals and advisors maximize sustainable retirement income for their clients and potentially minimize the risks clients face.
The program, which awaits FINRA approval, features an allocation tool (RSQ Analyzer) that determines clients’ optimal product mix and provides a quantitative measurement of the relative likelihood their portfolio will generate the income they desire for the rest of their lives.
The program also offers multi-media educational and training materials, an expense calculator, worksheets, promotional literature, and opportunities for advisors to create personalized client reports.
JHFN says it will be holding a series of training sessions covering the program for its network of independent firms in a variety of locations in October and November including Boston, San Francisco, Newark, Washington, D.C., Detroit and Orlando.