The RightBRIDGE Investment Wizard uses the RightBRIDGE engine to determine the relevance of specific managed investment products for a client’s goals and objectives.
The Investment Wizard Validation Process
Step 1: Select Program
In the validation track the user clicks the “Validate proposed portfolio” button and then uses a drop-down menu to select the investment program and allocation model.
Step 2: Questionnaire
The Investment Wizard questionnaire will prompt the user to answer questions about the client and their preferences and objectives for the investment account.
Step 3: On Screen Validation Output
The selected product and its validation result is displayed to the user. ReasonText™ explaining why the program scored the way that it did is provided. Depending upon the best interest scoring result, validation output can be shown as green, yellow or red
Compliance Validation Check
The Investment Wizard performs validation checks at the mutual fund level as well as the overall portfolio level. The system creates a table showing the mutual fund comparison. The table identifies the selected mutual fund and includes similar products that represent Reasonably Available Alternatives.
The portfolio validation check is performed before the selected products can be finalized. The system will notify the user if: