The last time we wrote about Y Charts, the investment research and presentation software company, was when it added cryptocurrency pricing data to its platform, but since then the company has continued to grow, adding features, integrations and board members along the way.
On Oct. 18, the company announced its newest product enhancement, which allows its advisor users to compare model portfolios on its platform. The upgrade is free to existing subscribers of YCharts.
Sean Brown, CEO of YCharts, reported in an Oct. 8 interview that it now has more than 4,000 professional clients, mostly wealth advisory firms, and said the model portfolio upgrade was long desired by those users.
Among its recent business events was signing a partnership with Shirl Penney’s Dynasty Financial Partners, so “every breakaway that signs up with Dynasty, their research tool is YCharts,” said Brown.
“We develop our product roadmap for wealth advisors,” said Brown, reflected in two other recent developments.
The first is its integration into TD Ameritrade Institutional’s Veo platform; Brown hinted that another major custodial partnership may be announced soon.
Second, its users have told YCharts that they wanted a tool that would keep them abreast of developments in the market or with individual securities or companies in the screens they had created in YCharts. Thus the addition of custom email reports, which provides targeted information that advisor user previously indicated they were tracking on behalf of clients.
Forest, Not the Trees