Briefcase introduces automated monthly reports to support detailed portfolio tracking

Briefcase, the Australian fintech transforming investment management with its direct indexing technology, has rolled out automated monthly reports to further enhance its performance tracking capabilities while providing insights for advisers to share with clients.

The monthly reports – which can be custom branded with advisers’ logos and chosen colour schemes – will complement Briefcase’s other reporting features, including daily portfolio tracking on the platform and detailed monthly multi-asset commentary.

Advisers will be able to download the reports on the first business day of the month to help clients visualise portfolio status and changes, including trades, top holdings and periodical investment performance.

Josh Persky, Founder and CEO of Briefcase, said the new feature was fast-tracked after a positive response from advisers in beta-testing mode.

“Traditionally, it can take weeks for detailed client-level reporting, but our philosophy is ‘investors deserve better’, so we prioritised this change after feedback from advisers,” Persky said.

“Advisers consistently want to do what’s best for their clients, and clear, timely communication of investment performance is absolutely essential,” Persky added.

When Briefcase users download their reports, they will also have access to frequently updated fact sheets, which offer new insights at the start of each month.

“Our investors and advisers will receive performance commentary almost immediately after the month ends to give them a clear picture of their portfolios’ positioning and to allow them to be agile if they need to be,” Persky said.

The Briefcase team has managed more than $50 billion at firms like BlackRock, BT, and Russell Investments.