A Model is a collection of investments designed to serve as a benchmark for a specific investment strategy, risk tolerance, or financial goal. Firms typically have a predefined set of models that are ideal investment vehicles for their clients. However, a unique investment model may be created for individual high net worth clients. Models help determine if related Portfolios are in or out of compliance. We have added Models to the Wealth Management platform so you can more easily track related Asset Allocations, Portfolios, and IPS. 

Creating New Models

The main way to create a Model is to go to Elements Financial App > Model > New. From here, you enter the requested and required information about the Model. Model information is added into the CRM manually, or can be uploaded in bulk using Salesforce upload tools.

What's in a Model?

Details

• Information
  • Name
  • Model Code
  • Owner
  • Model Notes
• Target Weights
  • Alternatives Target Weight Low
  • Alternatives Target Weight High
  • Cash Target Weight Low
  • Cash Target Weight High
  • Equity Target Weight Low
  • Equity Target Weight High
  • Fixed Income Target Weight Low
  • Fixed Income Target Weight High
  • Other Target Weight Low
  • Other Target Weight High
• Asset Allocations
• Related
  • Portfolios
  • Request ('From' Model)
  • Requests ('To' Model)
  • IPS
• Notes & Files
• Chatter