Electronic trading major Interactive Brokers has enhanced its PortfolioAnalyst solution.

Advisors now have the ability to create Model Portfolios which they may use to simplify and standardize investing for their clients. Interactive Brokers have added the ability for Advisors to quickly run reports for models right from the Dashboard in addition to the Reports tab.

The company has also refreshed its sample reports page with more granular sample options and improved organization, including categories by content type (performance, activity, allocation, etc.) for more straightforward navigation, and the updated samples include newly added report sections.

Tax Planner is now available for Advisors to help them estimate taxes for their client account activities. This tool allows Advisors to choose the desired investment accounts to include, and utilizes taxable income sources outside of their investment accounts. They may customize the various tax rates used to determine a client’s tax estimate, and view their total estimated tax and combined income sources subject to taxation.