Yes, advisers can set up an unlimited number of model portfolios. There are a number of features available inside model portfolios, some of these are:
- Adviser branded portfolios
- Versioning - This is version control for your model portfolios. It will make it easier for you to see which client is invested in each model and to keep track of who has recently rebalanced. When you make changes to a model portfolio a new version is created and the previous version becomes closed to new business.
- Active edit - the ability to switch a single fund without triggering a rebalance
- Align to Target - This selectable option naturally rebalances your model portfolios whenever money flows in or out of a model portfolio. It does this by prioritising purchases in underweight assets and sales of overweight assets, reducing unnecessary trades in future and helping to reduce risk by ensuring your clients’ portfolios stay aligned to your original asset allocation.
- Enhanced auto-rebalancing options
- And finally the ability to have more than one investment strategy in each wrapper, which we are calling mix and match.
Clients’ accounts can be linked to a portfolio and rebalanced or switched in bulkwithin minutes