iRebal : research

"Top re-balancing-software vendors duke it out for new customers"

David Janowski Investor News, March 10 2008

"Last month, to expand its market beyond top-tier financial advisers, ThinkTech Inc. (TD Ameritrade) lowered the prices of its iRebal re-balancing software, long considered the Rolls Royce of the segment."

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"Triumphant technology "

Dave Drucker October 2007

iRebal described as one of three industry’s Killer Apps. Two kinds of technology tend to impact advisors. The first is the "killer app"- that one application that solves a problem so big that it, alone, accounts for measurable and sizable gains in the advisor's practice. Killer apps can be costly and labor-intensive to implement, but once advisors understand their potential they willingly take on the task.

Killer App No. 2: iRebal
Traditionally the rebalancing process has been one of the greatest inefficiencies in the practices of advisors who not only do financial planning but also manage their clients' investments.

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"Rebalancing Act"

Joel Bruckenstein Financial Planning, May 1 2006

A comparison of iRebal vs. Tamarac and e Allocator

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"Back to the future: The Continuing Evolution of the Financial Advisory Business"

Sharon J. Weinberg, Mark P. Hurley, Michele L. Caro and others JP Morgan Asset Management, July 2005

Rebalancing portfolios is an essential part of managing a client’s assets. Asset allocations within a portfolio regularly shift with the ebb and flow of the markets and clients also often need to either withdraw or invest cash. iRebal is a good example of a new technology company with a product that significantly improves the efficiency of larger industry participants.

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"Money For Nothing"

Bob Veres Inside Information Monthly Article, Nov 2005

Every once in a great while, somebody offers us a breakthrough concept that changes the way we look at the management of investment portfolios. Now I think we can add one more to this elite group, courtesy of Gobind Daryanani.

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iRebal : in the press

"Opportunistic Rebalancing; A New Paradigm for Wealth Managers"

Gobind Daryanani January 2008, Journal of Financial Planning

This paper introduces the concept of tolerance bands and range rebalancing to tolerance bands. This, coupled with look frequently, trade less is shown to provide 30 bps extra benefit over annual rebalancing. Bob Veres referred to this paper as one of the best in the last decade.

"...I recommend that you turn quickly to two very good articles, one on rebalancing that may be one of the top articles of the decade … this article is groundbreaking, important, imaginative and (perhaps most important) offers a way to generate excess returns with no increase in portfolio risk..."
- Bob Veres News Letter January 2008

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"Look Often and Rebalance Less Produces Better Returns, Says Journal Article"

Heather Almand

A summary article on opportunistic rebalancing

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"Weights and Bands"

Jim Picerno Wealth Manager Magazine, June 2007

In search of optimal rebalancing strategies, a researcher discusses his findings. A brief description of rebalancing methodologies

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Research on Asset Location

"Asset Location: A generic Framework for Maximizing After-Tax Wealth"

Gobind Daryanani and Chris Cordaro Journal of Financial Planning, January 2005

This article describes the difference method for establishing asset location between tax-deferred and taxable accounts.

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