A protected sleeve prevents the trading or rebalancing of the positions within the sleeve. To move positions into a protected sleeve, use the following steps:

1. Use the Manage Clients Dashboard or Universal Search to locate and open the account profile that you need to adjust.
2. Scroll down to the Rebalancing and Cash Management widget for the account. Click Manage Account/Sleeve for the account.
3. In the Sleeves section, to the right of the Managed Portfolio line, select Holdings.
4. Scroll down past the data charts and click Move Positions.
5. The Source defaults to Managed Portfolio. Set the Target to Protected (New).
6. Select any position that should be put in the protected sleeve. Transaction defaults to the full position amount listed in the Source column. Adjust the Transaction amount if only part of the position should be protected.
7. Click Submit and then Approve.

When viewing the Manage Account/Sleeve details screen, the new protected sleeve appears below the Managed Portfolio row. The Move Positions function can be used to make any changes going forward as needed.