Electronic trading major Interactive Brokers has updated PortfolioAnalyst, enhancing the Retirement Planning tool.

Advisors and Brokers can now access the Retirement Planner tool within the Planning tab.

With this release, advisors and brokers can create curated retirement plans for each of their clients. Each plan may be viewed, edited, and deleted all within the same view. For advisors and brokers with many clients, PortfolioAnalyst offer the ability to easily search the created retirement plans so that servicing clients on the fly is a breeze.

Interactive Brokers started 2024 by introducing a new tab with PortfolioAnalyst called Planning. The Planning tab will be the home for current and new planning tools IBKR clients may use to plan the various aspects of their financial journey. The existing ‘Allocation Goals’ tool will be moved underneath the Planning tab.

Interactive Brokers also introduced a brand new exciting tool called the Retirement Planner which will help users better understand their Retirement Outlook.