Custom Models

Build Custom Models

Custom models allow you to create models with your own unique take. Click into the Models section of your dashboard and select Create Custom Model to view the portfolios. If you do not have this ability, please ask your account Firm Admin about adding this permission to your profile. 

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Choose a Model Type

You will see a list of options on how you can build models from within your dashboard. You can build models in 3 ways:

  • Individual security level
  • Overall asset class level
  • Basic asset allocation

Let's review below what is meant by each type.

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Security Model

Using this model type allows you to build models based on individual securities and holdings. Depending on your subscription level, you may be limited to selecting securities from our partner funds which include BlackRock, Frost InvestmentsETF SecuritiesDirexion, Marsico, Aberdeen, Nationwide, Pimco, and WisdomTree. To unlock the securities universe, use the upgrade request within the dashboard to have access to over 85,000 stocks and mutual funds. 

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Once you have selected the securities, you decide the name of the model, the risk tolerance level, tax status, the drift between low tolerance and high tolerance, and the overall percentage total of each security. 

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Once you have a model completed and saved, it will be added to your firms collection where you can view it, see what accounts are assigned to a model, assign models on the individual account levels and/or modify models.

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To learn more on each one of these actions, please refer to the individual articles covering each one.

Class Model

Using this model type allows you to build models containing securities and holdings grouped by asset class. You will see the broad asset classes labeled. When you press the expander next to the broad asset class you will the ability to add holdings like in the below image. 

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Depending on your subscription level, you may be limited to selecting securities/holding from our partner funds which include BlackRock, Frost InvestmentsETF SecuritiesDirexion, Marsico, Aberdeen, Nationwide, Pimco, and WisdomTree, like in the below picture. To unlock the securities/holding universe, use the upgrade request to have access to over 85,000 stocks and mutual funds.

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Once you have selected the securities within a broad asset class, you decide the name of the model, the risk tolerance level, tax status, the drift between low tolerance and high tolerance, and the overall percentage total of each security/holding. 

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Once you have a model completed and saved, it will be added to your firms collection where you can view it, see what accounts are assigned to a model, assign models on the individual account levels and/or modify models.

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To learn more on each one of these actions, please refer to the individual articles covering each one.

Basic Model

Using this model type allows you to build models based off broad asset classes and not securities and holdings. This model type is good for advisors who do not plan on using either the partners funds or the security/holding universe or the trading and rebalancing features. The basic model type allows you to represent your portfolios with a model based off the broad asset classes. While the actual securities are not be shown in your model, your clients and prospects can still understand the overall asset allocation makeup for your portfolio. You just won't be able to trade or rebalance the portfolio in your dashboard. Your clients and prospects can also still use the open and transfer feature.

All you do to make a basic model is name your model, choose the risk tolerance level, tax status, decide the drift between low tolerance and high tolerance for each asset class, and the overall percentage of each asset class for the portfolio as the below image shows

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Once you have a model completed and saved, it will be added to your firms collection where you can view it, see what accounts are assigned to a models, assign it on the individual account levels and/or modify the model.

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To learn more on each one of these actions, please refer to the individual articles covering each one.

 

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