Broadridge enhances fiduciary toolkit for financial advisors
14 October 2021 US
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Broadridge has announced the enhancement of its Fi360 Fiduciary Focus Toolkit for financial advisors, to meet environment, social and governance (ESG) demands.
The platform will now allow clients to leverage ESG rating data from OWL Analytics when evaluating investment decisions.
Through this enhancement, advisors can use the ESG scoring as standalone screening criteria or in conjunction with other metrics like returns, alpha or the Fi360 Fiduciary Score, allowing them to search for and monitor funds on pecuniary merit first and then overlay the ESG screening.
Investments are scored for overall ESG factors as well as the individual environmental, social and governance level so advisors can perform the analysis based on what is important to the client or retirement plan.
John Faustino, head of Broadridge’s fiduciary certification and training solutions, comments: “Interest in ESG investments is accelerating among US investors and they are looking to advisors and plan sponsors to provide the desired products to meet their financial and personal goals.
“It is a natural evolution of the Fiduciary Focus Toolkit to help advisors identify ESG exposures that align with sound fiduciary due diligence.”
The Fiduciary Focus Toolkit is a web-based software solution that provides analytical, management and reporting features for investment managers and enables advisors to implement a prudent investment process.
The platform will now allow clients to leverage ESG rating data from OWL Analytics when evaluating investment decisions.
Through this enhancement, advisors can use the ESG scoring as standalone screening criteria or in conjunction with other metrics like returns, alpha or the Fi360 Fiduciary Score, allowing them to search for and monitor funds on pecuniary merit first and then overlay the ESG screening.
Investments are scored for overall ESG factors as well as the individual environmental, social and governance level so advisors can perform the analysis based on what is important to the client or retirement plan.
John Faustino, head of Broadridge’s fiduciary certification and training solutions, comments: “Interest in ESG investments is accelerating among US investors and they are looking to advisors and plan sponsors to provide the desired products to meet their financial and personal goals.
“It is a natural evolution of the Fiduciary Focus Toolkit to help advisors identify ESG exposures that align with sound fiduciary due diligence.”
The Fiduciary Focus Toolkit is a web-based software solution that provides analytical, management and reporting features for investment managers and enables advisors to implement a prudent investment process.
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