Genworth Financial Wealth Management has introduced Genworth Portfolio Solutions, a streamlined approach to diversifying investments that financial advisors can set up for clients.

Genworth Portfolio Solutions taps into Genworth’s four asset allocation approaches, plus alternative investments, helping advisors match their clients’ portfolios with their risk tolerance and outlook.

While many investors diversify across asset classes such as stocks and bonds, this type of diversification has historically proven ineffective during pronounced market declines or times of volatility. The decisions surrounding asset allocation ultimately have an impact on portfolio performance. These decisions can be complex and risky, particularly when emotions are involved. GFWM designed GPS strategies to help advisors streamline the decision-making process with investors in an attempt to mitigate risk.

In contrast to solely relying on simple stock-and-bond diversification, GPS strategies incorporate a variety of asset allocation approaches, including strategic, tactical constrained, tactical unconstrained, and absolute return. Some of these asset allocation approaches aim to capture the tailwinds of rising markets and others seek to help protect portfolios from volatility and mitigate downside risk. GPS combines approaches to create a unified strategy that is positioned for both up and down markets.

GPS strategies can also be matched by an advisor to each client's investment objective, risk tolerance and the long-term market outlook to identify an investment mix suited to their individual goals. The minimum investment is $25,000.

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