Compare and Recommend a New Portfolio to Client
Step I: Add client's existing portfolio and your proposed portfolio
​
1. Add the new client. Enter client's view.
​
2. Using the "Add Accounts" button in Accounts -> Overview, add the client's existing investment account and save.
​
3. Click the "Copy Account" button at the bottom of the holdings table.​​​​​
4. You will be brought to the newly created copy of the client's account. You can rename it using the pencil icon, but you might wish to keep the word "copy" or use "proposed" to clearly identify it.
​
5. Click the Edit button at the bottom and modify the holdings and market values. Save.
​
6. Repeat if client has other investment accounts.
​
Note: the "Include in client's AUM" toggle on the copied accounts is automatically turned to OFF to avoid double-counting of client's assets.
​​​
Step II: Compare existing with proposed
​
7. Click "Analyze" at the top right of a single account's view or grouped accounts' view. (Use the "Group Accounts" function if you want to provide a holistic analysis of two or more accounts.) You will land on the Wealthscope Portfolio Scorecard.
​
8. To perform a comparison, click the Scale button on the left hand side of the Scorecard, and choose "Saved Account(s)". Select an account or a group of accounts. ​​​​​​​​​​​​​​​​
9. Click "Compare" and you will land on the Comparison view, with all the vital numbers and charts to support your recommendation. When you click "Print/PDF" at the bottom, you can choose to include or exclude the Wealthscope scores.​
With Wealthscope Scores
Without Wealthscope Scores
The Performance and Downside Risk scores are benchmarked to a portfolio's asset allocation. If you are comparing two portfolios that have very different asset allocations, exclude the Wealthscope scores.
Step III: Calculate trades required to transition
​
10. Return to client's existing account. In the top right, hover over the "More" button. Click "Reallocate". Choose the proposed account and click "Next". You will see a list of the Buy/Sell orders required.
​​​​​​​​​Questions? Contact us.