Interactive Brokers Adds Model Portfolio Functionality to PortfolioAnalyst

Electronic trading firm Interactive Brokers has introduced new features to its PortfolioAnalyst platform, including tools designed to support financial advisors in managing client portfolios.

The update allows advisors to create Model Portfolios, enabling them to standardize investment strategies across multiple client accounts. According to the company, the feature is intended to help advisors streamline portfolio management and apply consistent allocation frameworks.

In addition, advisors can now run reports for these models directly from the PortfolioAnalyst Dashboard, alongside the existing Reports tab. The reporting interface has also been updated with a redesigned sample reports page. The page now includes more granular sample options and improved organization, grouping reports by content type such as performance, activity, and asset allocation.

The updated report samples also incorporate newly added report sections, offering advisors additional examples of how portfolio data can be presented and analyzed.

Alongside these changes, the platform now includes a Tax Planner tool for advisors. The feature is designed to help estimate potential tax obligations related to client investment activities. Advisors can select specific investment accounts to include in the calculation and incorporate taxable income sources outside the investment portfolio.

The tool also allows users to adjust applicable tax rates in order to generate customized estimates. It then provides a view of total estimated taxes and the combined income sources that may be subject to taxation.