Asset allocation software

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Apr 28, 2006 10:12 am

Does anyone have any experience with any of the following; Allocation Master, Cheshire or ICE Advisory World?


Just looking for opinions on asset allocation software that's out there and what is considered to be among the best. Thanks.

Apr 28, 2006 8:00 pm

They all suck....I've seen a model that is fully invested in just two of the top

categories...based on relative strength and rebalanced every two weeks.



This model outperforms everything I've seen to date.



54% iShares Small-Cap Index (IWM) 01/30/06 5.47%

46% iShares Small-Cap Value (IJS) 02/27/06 4.79%



Good Luck



SKEE

Apr 28, 2006 9:17 pm

Are you looking for optimization software? Or, just something that will

run risk analysis and give you a suggested allocation?



If you are looking for a Monte Carlo sim, you can also go with

Morningstar Workstation - From what I've found, 'workstation' can allow

you to build portfolio models, conduct risk assessments, needs analysis

and monte carlo simulation on one platform. Optimization is not a part

of the platform unless you work at Ameriprise (choke!). Don't expect it to

be a financial planning program, and don't expect it to be an estate

planning program. But, as an allocation piece of software, it's excellent.



The ability to tie together managed account analysis, mutual fund

information, and stock holdings on one analytics package makes it a

strong performer for those looking for asset allocation information.



C



May 1, 2006 1:28 pm
skeedaddy:

They all suck....I've seen a model that is fully invested in just two of the top
categories...based on relative strength and rebalanced every two weeks.

This model outperforms everything I've seen to date.

54% iShares Small-Cap Index (IWM) 01/30/06 5.47%
46% iShares Small-Cap Value (IJS) 02/27/06 4.79%

Good Luck

SKEE



Do you just buy the two IShares inside a fee based account...?  I would think compliance would be all over you versus doing it in a transactional account (which would make you no money).