Go to: PM&R Help Menu
Overview
Rebalance Types & Objectives
Field Definitions
- Filter the List of Rebalances
- Run a Rebalance
- View Proposed Orders (Rebalance Results)
- Create a Rebalance
- View or Edit a Rebalance
- Delete Rebalances
- Share a Rebalance
- View the Process Log for a Rebalance
When you create and then run a rebalance, it generates a list of orders proposed to bring the portfolio (client, group, accounts, or household) back into alignment with the model. Find all rebalances created and/or run either by you or by other members of your firm on the Saved Rebalances window. Filter the list of rebalances and choose one to run, edit, or process its proposed orders.
The following columns help you to determine the rebalance status and possible next steps:
Status
Complete
Rebalance completed processing; proposed orders are available to view but remain listed in PM&R. (View Proposed Orders)
Fail
Rebalance failed; no orders were generated. To address, edit the rebalance by reviewing its on-screen error messages. (View or Edit a Rebalance)
Pre-Start or Start or Suspended
Rebalance is currently in progress. Continue to monitor the status of this rebalance. To refresh the window, above the table, select the Refresh (circular) icon.
-- (Double Dashes)
Rebalance was saved but was not run. (Run a Rebalance)
Orders Sent to Unsent Orders List Date
Date and Time
The date and time indicate when the proposed orders for the rebalance were sent to the Wealthscape Orders Unsent window. (Search for Unsent Orders)
-- (Double Dashes)
The proposed orders for the rebalance have not been sent to Orders Unsent. (View Proposed Orders)
By default, rebalances list in order by edit date, newest to oldest. You can choose another column to sort the list.
Note
If you did not create a rebalance, you may only view its proposed orders – you cannot edit or send the orders.
To filter the list of rebalances
Select Rebalances > Saved Rebalances.
From Filter By, choose an option.
For most options:
- Several filters are available to clarify results.
- Partial entries are allowed of at least one character or digit.
- Results include matches that "start" with your entry.
| Option | Action |
|---|---|
| Rebalance Name | Enter the rebalance name. |
| Created By | Enter the last name of the user who created the rebalance. |
| Edited By | Enter the last name of the user who most recently edited the rebalance. |
| Edit Date | Choose a date to locate rebalances last edited on that date. The default is the current day's date. |
| Client | Enter a client relationship name to locate rebalances run for a specific client. |
| Group | Enter a group name to locate rebalances run for a specific group. |
| Account | Enter an account number to locate rebalances run for a specific account. |
| Model | Enter a model name to locate rebalances run using that model. |
| Target | Choose the target of the rebalance based on what was selected during the rebalance setup:
Client Group Account Model |
| Rebalance Type | Select the rebalance type:
Standard Household (If entitled) |
| Created By ID | Enter the ID of the user who created the rebalance. |
Select Display.
- Matching results display in the table.
- To reset fields, select Rebalance Name, clear field, and select Display.
Go to:
Run a Rebalance
View Proposed Orders
View or Edit a Rebalance
Delete Rebalances
Share a Rebalance
View the Process Log for a Rebalance
Choose a rebalance to run. This is helpful if you saved a rebalance but have not yet run the rebalance.
There is no limitation to the number of times you may run a rebalance. If you already ran the rebalance, but want to run it again, orders generated by the new rebalance will overwrite orders generated by the last rebalance. Also, orders generated by the new rebalance are based on the latest conditions such as account balances, model assignment, restrictions, and prices.
Note
You can run a rebalance created by another user only if you are authorized to access the rebalance target (account) and the model used in the rebalance.
To run a rebalance
Select the check box to the left of the rebalance to run (do not select the Name link).
Select Run Rebalance.
- If you selected Liquidate, all tradeable Fidelity positions will be sold.
Go to: View Rebalance Results
View the orders proposed to bring the portfolio back into alignment with the assigned model. In addition to proposed orders, find details on the Rebalance Results window that explain the outcome of the rebalance:
You may also edit a listed order or create blocks and allocations from the listed orders. When satisfied with the results of the rebalance, your next step is to send the proposed orders to the Wealthscape Orders Unsent window where you can complete your review before sending the orders to the market.
To view proposed orders
Select the check box to the left of the rebalance (do not select the Name link).
Select View Orders.
Go to: View Rebalance Results
Edit a rebalance to address an on-screen error message, to modify the rebalance more to your liking, or to finish creating a rebalance you started. You cannot edit a rebalance that you did not create.
To edit a rebalance, one of the following must be true:
- You are the user who created the rebalance.
- You are a PM&R administrator at your firm.
To edit a rebalance
Select the check box to the left of the rebalance to edit (do not select the Name link).
Select View/Edit.
Go to: Edit a Rebalance
Delete one or more rebalance when they are no longer needed or used by your firm. As a best practice, check with the members of your firm before deleting a rebalance.
To delete a rebalance, one of the following must be true:
- You are the user who created the rebalance.
- You are a PM&R administrator at your firm.
To delete rebalances
Select the check boxes of one or more rebalances to delete (do not select the Name link).
- Delete up to 100 rebalances at one time.
Select Delete.
- A message prompts you to confirm your action.
Select Delete Rebalance(s).
If entitled, share a rebalance you created with other users at your firm.
Note
When a rebalance is shared, the Shared column displays Shared but only to those the rebalance is being shared. The creator of the rebalance and your firm administrator continue to see the Shared column display Unshared.
To share a rebalance
Select the check box to the left of the rebalance to share (do not select the Name link).
Select Share.
Go to: Share a Rebalance
Choose the data to display on the Saved Rebalances window by adding, removing, and arranging columns. These settings are specific to your ID and are saved when you sign out.
- Columns that display "required" cannot be removed but can be arranged.
Above the table, select the Customize (gear) icon.
To add a column, from the Available Columns list:
- Select the column name.
- Select Add.
To remove a column, from the Selected Columns list:
- Select the column name.
- Select Remove.
Removing a column simply removes it from the display. It does not delete the column contents.
To change the order of a column, from the Selected Columns list:
- Select the column name.
- Select Move Up or Move Down.
Where applicable, a field might display the following:
-- (Double dashes) Data does not exist.
| Field | Definition |
|---|---|
| Access | If entitled, indicates the ability by other users at your firm to run the rebalance: Public
Private
|
| Account # | The account number associated with the rebalance, if applicable. |
| Account Source | The custodian of the account: Fidelity Brokerage
|
| Created By | The name of the user who created the rebalance, in last name, first name format. |
| Created By ID | The ID of the user who created the rebalance. |
| Creation Date | The date and time the rebalance was created. |
| Custom Short Name | The user-defined short name for the account. |
| Edit Date | The date and time the rebalance was last ran, if applicable. |
| Edited By | The name of the user who last ran the rebalance, if applicable, in last name, first name format. |
| FBSI Short Name | For brokerage accounts only, this is the Fidelity-defined short name for the account. |
| Group/Client | The client or group name included in the rebalance, if applicable. |
| Model | The name of the model used in the rebalance, if applicable. |
| Name | The user-defined name of the rebalance as entered by the creator/editor. |
| Orders sent to the Unsent Orders List Date | The date and time that orders generated as a result of the rebalance were sent to the Orders Unsent window. |
| Primary Account Owner | The name of the primary account holder of the account, in last name, first name format. |
| Rebalance Run Date | The date and time the rebalance was last attempted. |
| Rebalance To | The rebalance objective: Target
|
| Rebalance Type | The rebalance type: Standard
|
| Shared | If entitled, indicates whether the rebalance is Shared or Unshared (not shared) with other users at your firm. |
| Status | The status of the most recent attempt to run the rebalance. The Rebalance Run Date column shows the date and time the most recent rebalance was run. Fail
Pre-Start or Start
Complete
-- (Double dashes)
|
| Target | The target of the rebalance such as an account number, client name, model name, or group name. |
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