Model portfolios (also known simply as 'models') allow you to easily invest and manage some or all of a client’s assets into one or multiple custom-created portfolios.
All non-model funds and positions are described as being 'Independent'. So a client account can be thought of as consisting of:
- a set of positions that can be managed independently of each other
- zero, one or more models each of which is managed as a unit.
The sum of positions across Independent and models therefore equals 100% of the market value of an account, although the sum may exceed 100% as leverage can be used.