Once created you can edit the model's description, add, and remove instruments from the model and update its target allocation percentages.
You cannot change the name or the type (static or dynamic).
What model edits are possible?
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What does Rebalance do?
Use Rebalance if the Actual Allocation amounts have become out of sync with your targets, or If you want to change the Target Allocations. When the rebalanced allocations are Saved, you “Create Rebalance Orders” to sell some instruments and buy others to achieve the updated Target Allocations. You can rebalance your models at any time. Once you rebalance, the Rebalance orders attempt to hit the new Target Allocations…
What is an imbalance?
An imbalance is a measure of how far an instrument's actual allocation differs from its target in a model. It is calculated as the absolute (always positive) difference between the actual % (the instrument's value as a share of the total investment by an account in the model) and the target % (the instrument's model allocation)…
How is a model created?
To get started, begin by creating a model on the Create Models page found in the Advisor Broker Portal under Menu > Trade > Models > Create Models. You can later invest a given portion of one or more clients’ funds to it. Every model is referenced by its name. This cannot be changed once set. The description can still be changed…
Why are Actual Allocations different from my targets?
Target Allocations are just that; targets that the system tries to hit. The Actual Allocations may differ slightly from the targets, and over time they may become significantly out of sync. You can Rebalance a model at any time to re-align the target allocations with actual allocations…