Custom Allocation: setting allocation targets
This article will show you how to set allocation targets for your clients.
Selecting the client, account group, or account
From your advisor dashboard navigate to the client overview by searching for a client, then click the "Allocation" tab
Next, use the dropdown box to select either "all accounts", the name of an account group, or a specific account, which you want to apply a target to.
Then, click Adjust Allocation Targets on the right
Applying an allocation model
If you have set up an allocation model, you can apply this model to the selected client or account group by clicking the drop down box next to "allocation model".
After you apply the model, click "save" at the bottom.
Apply a custom target
To apply a custom target, specify the target allocation and tolerance for each asset class. The tolerance will determine when we send an alert, if the current allocation for the asset class drifts beyond its target.
There are also a couple of options for the custom target. The Portfolio Drift Tolerance will set a tolerance for the entire client or account group selected. To find out more about this measure, click here. The "default class tolerance" will override any existing tolerances, if you wanted the same tolerance across all asset classes.
After you complete your changes, click Save at the bottom. You will also have the option to create a model, based on this custom set of targets.