This release continues our focus on two critical features; Client Monitoring Reports & Integrations.
In addition to a dynamic Table of Contents, three additional report sections have been added to the customizable Monitoring Reports! The Client Performance Summary and the two remaining Cost Report sections are now available.
Account level sync rules can now be set to save you time and ensure a complete plan lineup regardless of $0 balances or terminated funds.
New Monitoring Report Section – Client Performance Summary
This section calculates a client’s weighted performance and risk and compares it to other benchmarks. The performance is calculated using the current allocations and assumes you have held those allocations and rebalanced annually over the last 10 years. The benchmarks include; an automatically created peer group median benchmark and a blended benchmark that you can configure.
New Monitoring Report Sections: Annual Cost Summary/Annual Cost Breakdown
The entire Cost Report can now be included in a Monitoring Report. Having all necessary information in one document helps with organization and presentation during client meetings. These sections provide a high-level cost overview while showing, in a concise way, the individual parties receiving compensation.
New Feature – Table of Contents
Within a Research Report or Monitoring Report Template, a ‘Table of Contents’ can be included for quick reference to a specific section’s page number. In addition, the section names are hyperlinks so you can click on the section name and ‘jump’ to that specific page in the report. This feature is great when you are broadcasting the report to a TV, using a tablet or conducting an online meeting.
New Feature – Integration Provider Sync Rules
As integrations continue to be used more and more, we have added a sync rules section to help you account for two deficiencies that are present with certain integration partners.
- They are unable to send active plan options unless they have a balance. ($0 funds are excluded)
- They are unable to remove old plan options if there is still a balance remaining.
Currently, in order to account for these deficiencies, you have to update the client account holdings each time the account updates as each sync overwrites your prior changes. With this release, you can now set ‘include’ or ‘exclude’ rules and they will persist until you remove them from the account. The rules will be automatically applied every time the data sync takes place which will save you a ton of time.
Report Template Improvement – State of Affairs
As part of the State of Affairs monitoring report section, you can now choose to exclude the average expense ratio from the top metrics line if you desire.
Report Template Improvement – Holdings as of Date
As part of a custom research or monitoring report template, you can now choose to exclude the holdings as of date from the report if you desire.
- Ktrade (November)
- Lincoln Financial (November)
- Reliance Trust (November)
- TPPKC (November)