When creating custom model portfolios in the Models > Portfolios tab of the Advisor Portal, there are two different model type options that will determine how you would like to build out that portfolio. Holdings based models are built by adding individual holdings to the portfolio:
To create a model portfolio with individual holdings, use the model type dropdown menu to select "holdings based". The portfolio will default to 100% of the 'Other' asset class. Use the "Edit Holding" button on the right to input your specified holdings:
Use the drawer to enter ticker symbols, from Morningstar's database, along with their corresponding weighting. Values must equal 100% to save. When viewing the new portfolio within a client's plan, only the associated asset classes will be visible:
Model portfolios can be applied in several places within a client plan:
- When allocating a client's investments in the Profile > Net Worth tab
- When selecting a target portfolio in the Investment module
- When proposing a new asset allocation in the Retirement > Analysis > Action Items
For a quick video tutorial on creating holdings based model portfolios, click here.
