Rebalancing and Order Management
Configuring Smartleaf Account Profiles
Each portfolio on Smartleaf is associated with a client profile. The Client Profile is basically an electronic Investment Policy Statement (IPS). It reflects the preferences of the investor, the portfolio manager, and the firm. The Client Profile is ...
Account Requests in Smartleaf
In Smartleaf, requests are used to help accommodate client requests and mandates. A portfolio's requests are accessible from its portfolio workspace, by clicking on the Requests tab. Requests are grouped into the following categories: Buy or Sell ...
Configuring Smartleaf Filters
Smartleaf's filtering capabilities allow you to isolate portfolios that match any combination of over 60 filtering criteria, including profile settings, analysis metrics, and special trade recommendations. A filter only returns portfolios that match ...
Order Status Screen
The Order Status screen allows you to view the status of orders that were queued through the Smartleaf rebalancer. How you use this screen will depend on how your order processing is configured by your onboarding engineer. Order processing can be set ...
Setting a Minimum Cash Requirement
Firms utilizing the Smartleaf integration may manually set accounts to keep a certain amount or percentage of cash on hand for regular withdrawals or other purposes. Enabling Min Cash Navigate to Manage Clients > Rebalancing. Search for and open the ...
Misc Holds in Smartleaf
When reviewing accounts in Smartleaf you may see an account with a suspension status of Misc Hold. What Are Misc Holds? AdvisorEngine performs daily checks on account and position data integrity before passing any information to SmartLeaf. If any ...
Performing Ongoing Tax-Loss Harvesting
Firms utilizing the Smartleaf integration may manually set accounts to deliberately perform tax-loss harvesting throughout the year. Note: Ongoing Tax-Loss Harvesting is a premium Smartleaf integration feature. Contact AdvisorEngine Sales if you need ...
Setting an Annual Tax Budget
Firms utilizing the Smartleaf integration can set an annual tax budget on an account to prevent trades from generating taxes beyond the allowed amount. For each portfolio, users can specify the maximum amount of taxes (not capital gains) that should ...
Performing a Manual Buy or Sell
Firms utilizing the Smartleaf integration can create a specific buy or sell for an account. Requests to Buy or Sell Securities allow users to mandate that Smartleaf buy or sell specific amounts of specific securities as a part of its trade ...
Specified Trades: Creating Targeted Orders without Rebalancing
If a security in a model has been replaced and you wish to swap that security without rebalancing the entire account, firms utilizing the Smartleaf integration can use Specified Trades to accomplish this. Specified trades are a type of request that ...
Performing Forced Tax-Loss Harvesting
The Forced Tax-loss Harvesting feature allows you to force the sale of tax lots with losses to meet a specified dollar amount, and then preserve those losses until a specified date. Notes: When Forced Tax-Loss Harvesting is utilized, Smartleaf will ...
Defining a Transition Plan
A Transition Plan allow accounts to be transitioned out of existing portfolios into model portfolios over time, reducing the upfront tax burden to the client. The Transition Plan feature provides control over the turnover of a portfolio, where ...
Raising Cash for a Withdrawal Request
If an investor requests cash and there is not enough cash in the account to fulfill the request, the following steps can be used to raise cash through the Smartleaf integration. Navigate to Manage Clients > Rebalancing. Search for and select the ...