Settings can be assigned at the client, group, or account level. The Setting Assignments dialog allows you to change multiple settings without having to open each client, group, or account individually. The setting assignments for each level only affect that level, so where you want to see the setting reflected will determine whether you change the client, group, or account level settings.
This feature is available from the top menu in Office under Tools, Settings, and then Setting Assignments.
Some settings are available for all three levels while others are specific to certain levels. You will determine which level you are applying the setting to by determining which level you will be using. Review the information available for each group of settings.
Report Setting
Tax Lot Method
Transaction Setting
Fee Methodology
Management Fee Setting
Fee Methodology
Primary Benchmark
Secondary Benchmark
Tertiary Benchmark
Target Asset Allocation
Model Portfolio
Use Acct Level Model Portfolio for Rebalance
Fee Allocation Acct(s)
Use Acct Level Fee Allocation Flag
Default View
Effects of Applying a Setting at the Client Level
If a setting is applied at the client level, then the setting will be used for client level reporting and other client level activities. Also, the setting will apply to all of the accounts under that client, as long as "Use Client Default Setting" is applied at the account level. If a different setting is selected at the account level, then that setting will be the one used for that account. Any new accounts, by default, will assume the settings applied at the client level.
Note: When generating the Client Return Summary and Client Position Summary reports, they will pull from the client settings.
Report Setting
Management Fee Setting
Fee Methodology
Primary Benchmark
Secondary Benchmark
Tertiary Benchmark
Target Asset Allocation
Model Portfolio
Use Acct Level Model Portfolio for Rebalance
Fee Allocation on Acct(s)
Use Acct Level Fee Allocation Flag
Effects of Applying a Setting at the Group Level
If a setting is applied at the group level, then the setting will be used for group level reporting and other group level activities. If a different setting is selected at the account level, then that setting will be the one used for that account.
Report Setting
Tax Lot Method
Transaction Setting
Management Fee Setting
Primary Benchmark
Secondary Benchmark
Tertiary Benchmark
Target Asset Allocation
Model Portfolio
Fee Allocation Acct(s)
Include Management Fee Flag
Exclude from Client Aggregate Report
Unmanaged Asset
Investment Objective
Risk Tolerance
Time Horizon
Discretionary Acct
Third Party Managed
Related Person/Proprietary
Default View
Acct Type
Display as a Line Item
Asset Class
Sector
Industry
Effects of Applying a Setting at the Account Level
Account settings will always win over a client setting. Leave "Use Client Default" selected to pull from the client setting. You would use account level assignments if accounts under a client should have different settings.
See Also