Performance Benchmarks: Assigning Benchmarks to Households

Performance Benchmarks: Assigning Benchmarks to Households

In addition to the three default Total Performance benchmarks that can appear globally in Performance reports, an advisor can designate an additional benchmark at the Household level for any individual Household.

Before begining, ensure that benchmarking capability is enabled and any benchmark that is to be assigned to one or more Households is already be defined.

Assigning a Household Benchmark

To assign a benchmark to a Household for performance reporting, first locate and open the Household using the Universal Search or the Manage Clients Dashboard.

With the Household detail open, navigate to Reports > Performance > Performance Charts.

  • The Benchmarks control defaults to Active for all Households, with a Household Benchmark default of “None”. The standard globally-defined benchmarks display.
  • The Household Benchmark control is located at top right of the graph, at the end of the list of displayed benchmarks.
  • To add a designated Benchmark just for this Household, select it from the Household Benchmark pulldown list. Once selected, it will display on the graphic and on the legend.

  • If the Benchmarks toggle is disabled, all benchmarks, including the household benchmark, are removed from the graph until re-enabled.
  • To remove a Household Benchmark, choose None from the Household Benchmark pulldown list.

Important Notes:

  • Any designated Household Benchmark will also appear on the Performance > Performance Details report.
  • If the designated Household benchmark duplicates any of the default Total Performance benchmarks that appear globally in Performance reports, it will be displayed only once.
  • Household benchmarks apply to all Clients and Accounts within the Household. They can only be controlled at the Household level.

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