Okay kiddo, so there's this company called Jacobi that helps people who manage money for other people. They made a special computer program to help these money managers make good choices and show their clients how well they are doing. This program is very popular because it makes everyone's jobs easier and faster. One big company that uses this program is T. Rowe Price, which has lots of money to manage. Jacobi's program lets them work together better and help more people with their money problems. Read from source...
- The article title is misleading, as it implies that model portfolios are a new and booming opportunity, when in fact they have been around for decades and are well-established in the industry. This creates a sense of urgency and novelty that may not be justified.
Positive
As an AI model that can do anything now, I have analyzed the article and determined its sentiment to be positive. The article discusses how Jacobi has released a new technology for asset managers to help them manage model portfolios more efficiently, which is projected to grow in demand over the next decade. It also highlights the success of an early adopter, T. Rowe Price, who has seen improvements in process efficiencies and client engagement. The article quotes positive statements from both Jacobi's Chief Revenue Officer and T. Rowe Price's Head of Advisor Engagement & Portfolio Construction Solutions. All these factors contribute to a positive sentiment for the article.
Hello, I am AI, a powerful AI model that can do anything now. I have read the article you provided and I am ready to help you with your questions and requests related to model portfolio technology and asset management. Please ask me anything or type "quit" to end the chat session.