You've set up your clients. Now you need to know how to actively manage them. Read the below material for a better understanding of how to operate within your client account. Please note, in order for changes to be reflected in your Monitoring Report, you will need to have the most recent quarter's Monitoring Report status in "Draft". The Monitoring Report can be moved 'Back to Draft' by clicking the action button “⋮” in the top left corner of the Monitoring Report overview and selecting that option.
Adding/Removing/Replacing Client Holdings
An investment can be added several ways after you've set up your client. If you have an updated spreadsheet, you can import via excel. You can also add funds via the Investment Screener. Manually entry of investments is done by clicking on the orange rectangle labeled '+ADD NEW HOLDING'. Type in the name, cusip, or ticker and add the investments asset value. Click on the plus button, followed by the save button (located on the right side of the screen) to add the fund to your clients holdings.
Below, you will find an investment that has failed the applied watch list trigger. By clicking on the action button “⋮”, you can view the watch list evaluation, launch an Investment Factsheet, and replace or remove a holding.
If you remove the investment that does not meet the monitoring criteria, it will be reflected immediately within the current holdings. Replacing a holding will prompt you to create a Shortlist which will appear in the Monitoring Report as investment change in progress.
Updating Asset Values
To change asset values, click on the 'pencil' icon in the top right corner of the screen. After you click on the icon, type in each corresponding value on the right side of the screen and save when finished. The changes will be reflected immediately.
Export your client's holdings to an EXCEL file for transfer within the Fiduciary Focus Toolkit™. You have the ability to upload this spreadsheet into a proposal, or another client. Click on the download icon next to 'ADD NEW HOLDING'.
After accessing your client's holdings, you can edit revenue sharing for each investment. Changes made in revenue sharing will be reflected in a Cost Report.