The partnership has announced the launch of PSN Structured Managed Asset Rating Tool (SMART). SMART offers a method for analyzing a variety of managed assets such as separately managed accounts and mutual funds, according to a news release.
The duo developed the proprietary scoring technique to provide an environment closely related to a rating framework. This is done through offering financial advisors a more complete picture of ratings on a broad set of factors, instead of providing a single rating on an investment product.
SMART can be delivered in ASCII files, macro-equipped spreadsheets to facilitate screening and plotting, or through the Web. The first two delivery mechanisms are currently being offered, while the Web-based platform is expected to be available in the third quarter.
More information can be found at Effron PSN’s Web site: http://www.effron-psn.com .