Wealthtech Addepar Introduces New Tools, Data and Access to Insights as Financial Market Shifts Continue

In February, Addepar gained additional insight into the latest market moves in their Investor Sentiment Index and Q4 2022 Secondary Market Pricing Scorecard.

Addepar is debuting a new portfolio search bar in Analysis and Reporting and “offering Addepar users access to the Global Industry Classification Standard (GICS).”

Addepar also shared updates about new product integrations.

The firm recently “introduced a new search bar to improve the search experience in Analysis and Reporting.” This feature makes it easier “to find portfolios, groups and contacts within the platform.” The search bar “includes shortcuts and filters, and it allows users to see partial matches in search results.”

Additionally, the option “to create entities is now adjacent to the search bar, optimizing screen space and providing a single place to add entities, transactions and more.”

Global Industry Classification Standard (GICS)

As noted in a blog post, the GICS methodology is widely accepted “as an industry analysis framework for investment research, portfolio management and asset allocation.”

GICS supports the trend in sector-based investing, “allowing market participants to easily examine and compare the sector and industry makeup of nearly any portfolio or market worldwide.”

The addition of GICS data provides new ways “to leverage Addepar’s flexibility to examine equity portfolio data from every angle.”

Users can use GICS to:

  • Capture and assess the impact of global, regional or local industry trends on portfolios
  • Compare and report on industry sector exposures versus peers
  • Analyze sector and industry contributions to portfolio performance
  • Enhance client reporting

GICS is “a four-tiered, hierarchical industry classification system that is based on a company’s principal business activity.”

Addepar clients can “review the Release Notes for details on our latest product updates.”

As mentioned in the update, the Addepar Investor Sentiment Index is “a transactions-based index of high- and ultra-high-net-worth (U/HNW) investor sentiment derived from U.S. equity transactions captured on the Addepar platform.”

January’s key observations include:

  • Headline sentiment was slightly bullish at 0.6
  • Net trading activity was near historic lows, with investors staying on the sidelines as markets rallied
  • Investors rotated into communication services and consumer cyclicals while rotating out of technology

As clarified in the update, Marketplace is “a digital investment platform built for Addepar clients that offer a professionally curated menu of investment opportunities and solutions across private markets.”

Their private company desk recently “released the latest Secondary Market Scorecard, which highlights what our team saw in Q4 2022 and heading into 2023.”

According to the report, the secondary market seems “to have found a bit of footing with more generally accepted clearing prices for certain issuers.”

Compared to the majority of 2022, in recent months, the desk “has seen active sellers adopt more realistic price expectations ranging from 25% to 75%+ discounts in some cases.

They’ve similarly noticed a parallel uptick in investors interested in selectively deploying capital into compelling opportunities at these levels.”

Marketplace is “offered through Addepar’s affiliate broker-dealer, Acervus Securities, member FINRA/SIPC.”



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