Plan Release Notes
Financial Planning is among the key value drivers of the modern financial advisor. Yet too many of us want to be exhaustive in our planning approach, and just end up exhausting our clients instead. Your goal should be to have a plan for everyone you work with, to earn more wallet share and help your clients strive for financial independence.
With the Orion Planning Platform, you can engage investors with a modern and collaborative goals-led financial planning experience to enable the delivery of holistic advice.
You can now load sleeved portfolios into the tactical tool and review the allocations of each model assigned to a sleeve. Selecting an account will update the model information displayed. Future releases will include the portfolio level target to individual models. Please reach out to the trading service team if you would like to turn this functionality on.
The journal only rebalance will move cash between sleeves, but will not create any trades or create any journals on positions.The purpose of this is to bring sleeves back into tolerance, but avoid creating trades.This way individuals can manually raise cash or spend cash in the individual sleeves on their own time.
We have renamed the tactical rebalance to focused rebalance. It can also now be accessed inside the rebalancer itself as one of the rebalancer types. In addition to this enhanced experience, we have added two new protection logics for cash. One to only use cash from sell trades, and another that will require using the proceeds from sells (meaning any sell trades is evenly balanced with buys, even if buys are going over target).
We have added the database prefix to custodians in Eclipse for our clients who have multiple Orion Connect databases. This will allow you to easily distinguish between the different custodians created with the daily import.
Orion will no longer assign “sleeve strategies” to registrations, but will rather assign “sleeve strategy aggregates”. Every sleeve strategy will automatically create a sleeve strategy aggregate with the same name and 100% weighting. This will allow for the same process for all clients, and all current users will be automatically updated from the strategy to strategy aggregate without being impacted.
We have added the ability to see a holding’s post trade percentage (of the account value) to the Eclipse Orders grid.