PLEASANT HILL, Calif. AssetMark Investment Services is offering eWealthmanager, a turnkey Internet service that lets investment advisers operate a Web-based advisory practice without having to develop or maintain it.
Through eWealthmanager, investment advisers can provide clients with real-time access to such information as their portfolio asset allocation, portfolio performance, transaction history, and ledger details.
Clients can also get background on model portfolios as well as market commentaries from portfolio strategists and private-account managers.
eWealthmanager went into operation Tuesday. AssetMark will bundle it with the two consulting services for mutual fund wrap accounts and separately managed accounts that it provides to investment advisers.
One thousand financial advisers use the company to administer 10,000 portfolios, with $1.6 billion of assets.