We created a brand new Batch Performance app, allowing you to run performance across your database for the groupings and time frames of your choosing.
For advisors that upload tax documents to the Client Portal, we understand you’re uploading more than just 1099s. For that reason, Orion has renamed the “1099 Tax Reports” document bucket to “Tax Reports.”
We added the ability to assign multiple contacts to an Orion Support case to allow for message notifications to be received by multiple users.
BILLING & COMPOSITES
In the Post Payment app, advisors can un-post a specific account fee without un-posting the entire batch. This functionality also works with a fee that was auto-posted.
Previously, the only way to add a dollar amount to a payout rate was to add a minimum fee. We’ve added the ability to allow advisors to create a payout rate for a flat dollar amount.
We added filter options to include RIA, Rep, Broker/Dealer, Sub-Advisor, Custodian, Management Style, Model, Client Category, Registration Type, and Business Line to assist with sorting.
- We’ve built a single-sign-on to MyRepChat. MyRepChat is an SMS texting platform for a BYOD environment. Features of the platform include:
- Text and group messaging
- Compliance features
- Message scheduling
- A digital assistant
- Ability to import contacts
- Auto-forwarding calls from a landline
And stay tuned — we’ll be building out additional integration features later this year.
We’ve enhanced our integration with Asset-Map to include an Insight Tile, so advisors can seamlessly access and edit their clients’ asset-maps within the Insight dashboard.
RECON & DASHBOARDS
We’ve made an enhancement to Insight, our client presentation tool. Advisors now have the ability to display household and account-level target allocations inside of the Target Allocation tile.
The unrealized and realized gain/loss tiles inside of Insight have been revamped. Advisors can now have more tax-driven data at their fingertips for client presentations.
We added product as a grouping option with our Performance, Holdings Detail, and Holdings Summary tiles in the Insight app. This enhancement allows you to drill down further and view performance at the product level within Insight.
We created a new estimated income tile inside of Insight. This now allows advisors to communicate with clients about the estimated annual income and yield.
Morningstar classifications across Orion Connect will automatically update, providing advisors with the most up-to-date information. No action is necessary.
We created Audited Date and Audited By columns for asset classes and asset categories to provide clearer and more actionable information in the Products and Prices App.
We added the following new columns to the Tax Center App: Account Created Date, Custodian, and Qualified.
We now give advisors the ability to “opt-in” to the local income override only if they want that override turned on.
We added the ability to mark records as “Reviewed” or “Not Reviewed” for users to see which tax lot audits they have already previously reviewed.
We added a realized and unrealized cost basis feed for Gemini. This allows Orion to report accurate cost basis information for Gemini accounts.
We added needed defaults to new products in order to improve the user experience for creating products in Account Composer.
Reports generated from Report Builder will now be included in the Archive tool of our compliance tool.
We added the ability to group by time on tables. Once selected, the frequency can be set to select the interval for time.
We added the ability to filter data on tables and charts. Single or multiple filters can be added to narrow the scope of the data returned on a report.
Advisors can now select alternate line shading on specific elements. When using a Static or Grouping table, the line shading can be enabled or disabled within the setting tab. This will cause the element to operate independent of the theme.
We added @tags for notes. The tags for Household Notes, Account Notes, and Trade Instructions can now be used on reports and cover pages.
We added a control for Unknown Cost Basis. This setting dictates how unknown cost is displayed on a report. Unchecking the option will omit any unknown cost—and show as “N/A.”
Advisors can now use a grouping table within a cover page.
We added the ability to suppress additional pages when using an Advance Grouping. If only one entity exists under the grouping, selecting this option will suppress the data for the Advanced Wrapper.
We added a “Yield on Cost” @tag, allowing you to show the annual dividend rate of security, divided by its average cost basis.
We added the ability to select how the Inception Date Range option looks at data. This control exists on any inception date range and selecting the option looks to the holding period—rather than just to the inception date.
We added the ability to use custom fields. Custom fields created at the Representative, Household, Registration, Account, and Product levels can now be used within reports.
Advisors can now group by tax status. Each option can be selected within a table and are as follows: Qualified, Product Taxability, and State/Federal Taxability. Qualified will look at the Account Type, whereas Product and State/Federal will look at the product level setting to determine the tax status.
We added a “Growth of” @tag. These tags can display performance for both the benchmark and the entity selected for growths of $1, $100, or $1,000.
We added an “Expense Ratio” @tag on a product and asset level, in addition to higher levels like account, household, model, etc.
Advisors can now group by Tax ID in a grouping table.
We added a State grouping for bonds. This value pulls for the state listed at the product level for each bond.
We added a spacer element. Say you’d like to have two elements side-by-side with a 1/2″ space between them, now you can do so.