Congratulations! You're making fantastic progress.
This step, Step 4: Net Worth, is where all the fun happens. Here you will learn how to link bank accounts, investment accounts, and other client assets. Taken together, the items added here will populate the left-hand menu in the Client's Profile.
Bank Accounts

Select the type of account and indicate the balance. This will be a static number — only linked accounts have the ability to remain up-to-date. Bank accounts are usually projected as cash, but some settings allow bank accounts to be grouped with taxable investment accounts. Click here to learn more about cash management settings. Bank accounts can be owned by the client, co-client, joint, or trust owned.
Credit Cards

If you are a Premium or Platinum subscriber, you or your clients can use the Yodlee aggregation to link bank accounts and credit cards.
Investment Accounts
There are three ways to enter investment accounts into a financial plan. In each data entry method, the asset allocation for accounts can be adjusted as needed. The asset allocation for each account will be used to project an annual rate of return and standard deviation used in the Monte Carlo analysis.
The account type, and owner, play an important role in determining how the funds are treated in future cash flow projections.
Account Integration

Once accounts are linked through integration, users can view or adjust the asset allocation pie chart by clicking the green "based on holdings / asset class" link to the right of "Asset allocation".
There are three options for determining the asset allocation for integrated accounts:
- Based on holdings / asset class: In this scenario, RightCapital will calculate the asset allocation based on the holdings that are linked to the account.
- Customized: Allows the user to specify the asset allocation by entering percentages for each asset class. In this scenario, the linked holdings are used to assign the current dollar value, while the customized asset allocation will be used to assign the growth and standard deviation used in the Monte Carlo analysis. When choosing a "customized" asset allocation, the default breakdown is 100% ‘Other’. In order to apply the customized asset allocation, users must click "save" on the bottom right. The current total must equal 100% in order to save the information.
- *Based on model portfolio: Allows the user to choose any model portfolio available to them. If this option is chosen, the allocation for the account will be set to the asset allocation of the selected portfolio. In this scenario, the linked holdings are used to assign a current dollar value, while the model portfolio is used to assign the account growth and standard deviation in the Monte Carlo analysis.
There are seven default model portfolios included in RightCapital. Additional portfolios can be imported through the Riskalyze integration or added manually in the Advisor Portal > Models > Portfolios area.
Account Aggregation
Once accounts are linked through aggregation, users can view or adjust the asset allocation pie chart by clicking the green "based on holdings / asset class" link to the right of "Asset allocation".
There are three options for determining the asset allocation for aggregated accounts:
- Based on holdings / asset class: In this scenario, RightCapital will calculate the asset allocation based on the holdings or asset classes that are linked to the account.
- Customized: Allows the user to specify the asset allocation by entering percentages for each asset class. In this scenario, the linked holdings are used to assign the current dollar value, while the customized asset allocation will be used to assign the growth and standard deviation used in the Monte Carlo analysis. When choosing a "customized" asset allocation, the default breakdown is 100% ‘Other’. In order to apply the customized asset allocation, users must click "save" on the bottom right. The current total must equal 100% in order to save the information.
- Based on model portfolio: Allows the user to choose any model portfolio available to them. If this option is chosen, the asset allocation for the account will be set to the asset allocation of the selected portfolio. In this scenario, the linked holdings are used to assign a current dollar value, while the model portfolio is used to assign the account growth and standard deviation in the Monte Carlo analysis.
There are seven default model portfolios included in RightCapital. Additional portfolios can be imported through the Riskalyze integration or added manually in the Advisor Portal > Models > Portfolios area.
Adding Accounts Manually

- When selecting the "Enter holdings / asset classes" method, there are two ways of indicating the account’s value:
- Use Add Holding to enter specific tickers for stocks or mutual funds — in which case Morningstar data will be used to update price information on a daily basis.
- Use Add Asset Class to provide a broad allocation mix — either Equity/Fixed Income or broken out using Morningstar asset classes.
Once holdings and asset classes are entered into an account, users can view or adjust the asset allocation pie chart by clicking the green "based on holdings / asset class" link to the right of "Asset allocation".
There are three options for determining the asset allocation for manual accounts using the "Enter holdings / asset classes" method:
- Based on holdings / asset class: Only available when the Entry method is set to “Enter holdings / asset class”. In this case, RightCapital will calculate the asset allocation based on the holdings or asset classes that are entered or linked to the account.
- Customized: Allows the user to specify the asset allocation by entering percentages for each asset class. In this scenario, the entered holdings and asset classes will be used to assign the current dollar value, while the customized asset allocation will be used to assign the growth and standard deviation used in the Monte Carlo analysis. When choosing a "customized" asset allocation, the default breakdown is 100% ‘Other’. In order to apply the customized asset allocation, users must click "save" on the bottom right. The current total must equal 100% in order to save the information.
- Based on model portfolio:* Allows the user to select any model portfolio available to them. If this option is chosen, the asset allocation for the account will be set to the asset allocation of the selected portfolio. In this scenario, the entered holdings and asset classes will be used to assign the current dollar value, while the model portfolio will be used to assign the growth and standard deviation used in the Monte Carlo analysis.
There are seven default model portfolios included in RightCapital. Additional portfolios can be imported through the Riskalyze integration or added manually in the Advisor Portal > Models > Portfolios area.
- When selecting "Enter total balance" method, users can simply enter the total account balance and then edit the asset allocation by clicking the green "customized" link next to "Asset allocation". There are two options for assigning allocation in the dropdown menu for the "Enter total balance" method.
- Customized: Allows the user to specify the asset allocation by entering the percentages of each asset class. This is the default value when entering a new manual investment account with the "Enter total balance" method. The default asset allocation is 100% 'Other'. This means if a user enters a new investment account but does not update the asset allocation percentages, the account will display as 100% 'Other'. In order to apply the customized asset allocation, users must click "save" on the bottom right. The current total must equal 100% in order to save the information.
- Based on model portfolio: Allows the user to select any model portfolio available to them. If this option is chosen, the asset allocation for the account will be set to the asset allocation of the portfolio selected in the dropdown menu.
There are seven default model portfolios included in RightCapital. Additional portfolios can be imported through the Riskalyze integration or added manually in the Advisor Portal > Models > Portfolios area.
Loans
If you are a Premium or Platinum subscriber, you or your clients can use the Yodlee aggregation to link their loans.
For more information on how to enter specific loans, see the Loan Details page.

Property

The net sale proceeds are calculated as the sale price minus any outstanding loan balance and any expenses. Net proceeds will be included in that year's cash flow. If the client setting uses Traditional Cash Flow, any positive cash flow generated will be invested in the taxable account based on the current or proposed asset allocation.
Insurance

Other Assets

For many details entered into a client's Net Worth, users can decide whether the assets are included in the retirement projections or not.

RightCapital is a powerful tool that empowers you to do financial advising just right. Many types of assets may be included in a client's Net Worth. Learn how to add other types of assets here.