https://www.bondbuyer.com/news/jpmorgan-unveils-municipal-bond-ladder-toolBond Buyer
JPMorgan unveils muni bond ladder tool
By
Chip Barnett
Published
May 09 2019, 1:47pm EDT
More in
Financial planning Secondary bond market
JPMorgan Asset Management has launched Bond Ladder Illustrator, a tool which aims to help financial advisors create hypothetical municipal bond ladders using criteria such as tax rates, credit quality, maturity ranges and interest rate views.
“Using actual municipal bonds that have made it into J.P. Morgan's portfolios enables the tool's output to be more indicative of what a client would actually get if they choose to build a laddered portfolio with us," said Rick Taormina, Head of Tax Aware Strategies at J.P. Morgan Asset Management.
Bloomberg News
Built in partnership with Asset and Wealth Management's Intelligent Digital Solutions group, the tool lets advisors create hypothetical bond ladders based on actual municipal bonds that have gone through JPMorgan's extensive credit review process, rather than generic benchmark interest-rate curves.
Some of the features include a tax rate calculator, customizable portfolio assumptions based on client preferences, and a personalized, end-client ready report that includes key portfolio characteristics, estimated investment returns, income, cash flow and total return metrics.
___I wonder another firm have similar capabilities,,,
