The Addepar platform has shared updates, research insights and client, partner and company developments.
In August, Addepar made their Help Center more accessible by “bringing it in-app and introduced group automation to simplify and streamline group management.”
Addepar released new research “on manager selection in private markets and introduced a risk management framework to address cash and liquidity needs during periods of market stress.”
Addepar is expanding their Community Meetups into Canada and bid farewell to their latest class of interns.
Analysis & Reporting: In-app Help
In-app help enables users “to search Addepar’s Help Center for guidance without leaving the page.” Access step-by-step guides and tutorials; tips and best practices; and definitions of core components like attributes, transaction types and more, all within an existing workflow. Users can also move and hide “the resource by hovering over the icon or through the global navigation.”
Now, users can automatically add or remove portfolios “from existing groups and create new groups as needed via Addepar’s new Group Automation tab.”
Group Automation rules can “use built-in or custom attributes to define which entities belong in the group – for example, a group to contain all accounts with more than $250k in cash. Groups can be set to automatically update on a recurring schedule; refreshing daily, weekly, monthly or quarterly.”
Addepar clients can “review the Release Notes for details on our latest product updates.”
In private markets, skillful manager selection is “critical to success, but an explosion in fund formation and declining performance persistence have made the process of sourcing, screening and selecting managers more complex than ever before.”
Marketplace Private Placements Director, Dan O’Donnell, CFA, recently published a white paper titled Manager Selection & The Paradox of Skill, “outlining how investors can increase their odds of accessing the managers poised to create alpha over the long term and buck the trend of declining persistence.”
For every investment, the central question is “how the return compares to the risk.”
Cash is often “considered a riskless asset, yet moments across history remind us that it’s not entirely risk-free.” As recently as the spring, the U.S. Treasury had “to guarantee uninsured regional bank deposits during bank runs.”
In this brief from Addepar Research, they introduce “a risk management framework with practical suggestions to help investors manage their cash and meet liquidity needs during periods of market stress.”
Addepar in Toronto: The team is pleased to host their first international Addepar Community Meetup in Toronto, Canada. You can join them at Vantage Venues on Tuesday, September 26th to hear from Addepar experts and discuss best practices with other users.
Clients on Navigator: Addepar product lead Rajiv Sharma recently sat down with the co-founders of Three Bridge Wealth Advisors, Brett Sharkey and Eric Thurber, in order “to discuss the origins of Addepar’s Navigator product, the meaningful impact it has had on the way wealth advisors manage their clients’ assets, and plans for the future of the product.”
Boston Community Meetup: The firm recently held their latest Community Meetup in Boston, MA, where they “hosted 30 of their clients and partners for roundtable discussions on industry trends and in-depth presentations from the Addepar R&D team on the future of the product.”
This month, they’re pleased “to welcome Aldrich Wealth LP, Clearstead and Kolinsky Wealth Management to Addepar.”
Addepar’s Internship Program, AddeU, is coming “to a close as they say goodbye to our 43 interns from across the globe.”
The 2023 cohort participated “in professional development and executive leadership sessions and social events, and developed projects to solve real business needs.”
As covered, Addepar is a software and data platform “that is purpose-built for professional wealth, investment and asset management firms to deliver outstanding results for their clients.”
They’re helping clients “unlock the power and possibility of more informed, data-driven investing and advice.”
Their platform was “created to empower investment managers to make data-driven and more confident investment decisions, and to clearly see how assets are performing and where they might be exposed.”
Most recently, they’ve expanded their capabilities “to include Navigator for scenario modeling and AdvisorPeak Trading & Rebalancing to address portfolio drift.”