San Francisco 19 January 2023 – Principal Asset ManagementSM has partnered with Jacobi Inc., a global investment technology provider, to scale its fintech-enabled model portfolio offering powered by multi-asset risk analytics and market-leading client engagement technology.

With a strong focus on digital transformation, Principal® is empowering advisors with analytics and tools, enabling them to ultimately better serve their end clients. Jacobi’s Cloud-native technology will provide Principal with a configurable platform enabling more meaningful analysis of portfolios by delivering bespoke, forward-looking and historical analytics in a fully integrated visual environment. Storytelling is central to the investment process and Jacobi’s storyboard and reporting technology supports an in-depth analysis of risk and return within a portfolio and the process of communicating its impact on portfolio objectives.

Mike Casciano, Head of Model Strategy at Principal Asset Management, says: “Working with Jacobi to create proprietary multi-asset risk analytics will make it easier for advisors to understand how model portfolios will behave in different market conditions. We are excited to offer advisers access to bespoke, forward-looking and historical analytics.”

Tony Mackenzie, Chief Executive Officer at Jacobi, says: “It is very pleasing to work with such a well-regarded asset manager. This partnership with Principal will help them deliver superior analytics and engagement tools to its investment teams and advisors and, ultimately, better outcomes for the end client. Unsurprisingly, there is strong demand for our technology owing to the increased need for investment firms to scale and connect investment processes and increase the quality of engagement with clients. Jacobi has a global footprint and a strong pipeline – with more new business wins to announce later in the year.”