In most investment relationships, there are typically three parties involved: the investor, the advisor, and the money manager. AssetLock is the first to help connect all three of them, to communicate and to ultimately help protect your assets, in what we call the "Triangle of Trust":
You sit down with an AssetLock Equipped Advisor to customize your AssetLock % for your different investment accounts. This is one of the great benefits of AssetLock, because not every investor has the same risk tolerance. Once it is up and running, you are given a secured password for you to log in whenever you want to see the status of how your accounts are doing. Be on the lookout for alerts when your accounts reach new all-time highs. See FAQs for further clarification.
Your AssetLock Equipped Advisor is in daily communication on the status on your accounts that you have decided to have monitored. Why is this important? Because as you are living your daily life, your advisor knows exactly what your maximum downside limit is and has a plan in place to help ensure your added peace of mind. AssetLock's constant communication helps build the bridge of trust, because you have the knowledge and transparency you deserve as an investor. See FAQs for further clarification.
We think this is truly a first! The money managers who make up your portfolio know your risk tolerance based upon the AssetLock % you have selected. So in the event an AssetLock Value is reached, they can execute the plan put in place between you and your financial advisor. See FAQs for further clarification.
AssetLock® is tracking software used to monitor the performance of a client’s portfolio, and to predetermine the amount of downside the client is willing to tolerate. It is NOT an actual stop order and will NOT automatically sell the individual securities in the portfolio. Therefore, the AssetLock® value is a reference point to encourage a conversation between the advisor/firm and the client to determine if the client’s portfolio should remain unchanged, reset the AssetLock® percentage by reallocating to a different risk profile, liquidate part or all of their portfolio or opt out of AssetLock®.