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BlackRock coaxes financial advisers with free portfolio assessment tool

The world's largest asset manager wants to sell more funds to individual investors

BlackRock coaxes financial advisers with free portfolio assessment tool

The world’s largest asset manager hopes to sell more investment products to Main Street with one of the oldest strategies in business: the freebie.

BlackRock is coaxing financial advisers to upload their client holdings to a complementary BlackRock website that tests how those portfolios perform under different economic scenarios and compare them to peers. About 20,000 financial advisers have used the “BlackRock Advisor Center” tool since October.

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