Products

ASI Portfolio Rebalancing Solution^®

Streamline and Automate the Portfolio Rebalancing Process

ASI Portfolio Rebalancing Solution is the only enterprise-level rebalancing application that can scale to thousands of advisors via a single platform.

Available to around 10,000 advisors nationwide through major financial institutions such as TD Ameritrade Institutional and Charles Schwab, ASI Portfolio Rebalancing Solution streamlines rebalancing for a significant reduction in processing time.

Developed Based on Feedback from Thousands of Advisors

First introduced in 2005, ASI Portfolio Rebalancing Solution was created when, based on feedback from its advisor clients, a major broker/dealer recognized the inadequacies of traditional portfolio rebalancing tools such as Excel spreadsheets and word documents.

Advisor Software listened to the broker/dealer’s call for a tool to automate manual rebalancing processes – one that could scale to the organization’s 2800 advisors.  The answer was ASI Portfolio Rebalancing Solution.

Key Functionality:
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Portfolio Analysis:

• Use target asset allocations or model portfolios as a baseline for rebalancing customized client portfolios.
• Analyze the client's current asset allocation and portfolio using a wide variety of institutional-caliber diagnostic tools such as style and industry sector exposure analysis, security overlap analysis, efficient frontier analysis, fixed income analysis, historical performance analysis, risk/return analysis, annual returns analysis and Monte Carlo simulation.
• Review individual accounts or all accounts at the aggregate level.
• Compare rebalanced portfolios against previous asset allocation.

Advisor Preferences:

• Advisor Customization: Create and save asset allocation targets, investment universes and model portfolios. Create custom advisor level constraints such as cash buffers, locks, style and sector overrides.
• Cash Buffers: Create a cash buffer as a global or account level constraint used during rebalancing. Buffers may be either a fixed dollar amount or a percentage of the portfolio value.
• Locking Enhancements: Identify global and account level locks for future rebalancing sessions. Automatically exclude locked securities from rebalancing while maintaining the ability to modify locks during the session.
• Tolerance Bands on Model Portfolios: Create securities-based models with upper and lower tolerance bands that are unique for each security. Trades will only be created for positions outside of the bands, minimizing the number of transactions during each rebalancing session.
• Equivalencies: Leverage a unique algorithm that eliminates the need for transactions and associated fees on securities that are equivalent to one another.
• Restricted Securities: Prevent certain securities from being purchased on an account basis or globally.
• Held-Away Assets: Upload holdings data for accounts held with multiple custodians and incorporate these held-away assets into the rebalancing process. All analytics combine custodian and held-away assets, allowing for a comprehensive presentation of clients' assets. Transactions generated by rebalancing with held-away assets are available in PDF.
• Style and Sector Overrides: Create and save custom asset allocation assignments for investment styles and sectors.
• Cash Only Rebalancing: Indicate the need to withdraw or invest additional cash into an account during a rebalancing session, influencing the trade list and account cash balance resulting from rebalancing.
• Cash Investment or Cash Generation: Enables the advisor to manage cash within an account with a full rebalance.
• Tax Aware Rebalancing: Identify potential tax exposure with a diagnostic view for identifying gains or losses associated with specific lots.
• Comprehensive Reporting Features: Generate a number of reports that cover a range of data including:
• Custom report logo
• Client Information
• Trade List By Account
• Current vs. Proposed Analytics
• Risk Profile
• Asset Allocation
• Monte Carlo Simulation
• Efficient Frontier
• Style Exposure
• Sector Exposure
• Security Overlap
• Historical Performance
• Risk/Return
• Annual Returns
• Historical Risk and Return Charts
• Investment Policy Statement
• Glossary
• Disclosures

Asset Allocation:

• Widest Investment Product Coverage: Wide investment product coverage allows for rebalancing accounts with multiple securities types in a single application. Investment product coverage includes:
• Mutual Funds
• Stocks
• Bonds
• ETFs
• SMAs
• ADRs
• Variable Annuities

Rebalance Portfolio:

Select From a Number of Multiple Rebalancing Modes

• Household Rebalancing: Rebalance one or more accounts from the same household to an asset allocation or model portfolio target. Generate a household proposal report and trade list.
• Multiple Model Rebalancing: Rebalance individual accounts in a household against different models and generate a household proposal report and trade list.
• Batch Processing: Simultaneously rebalance up to 1000 client accounts to the same model portfolio and generate the corresponding master trade list.
• Single Account: Rebalance a single client account and generate the corresponding proposal report and trade list to implement the recommendations.

Trade List:

• Supports Real-Time and Same Day Pricing: ASI Portfolio Rebalancing Solution is the only solution of its kind that supports near real-time or same-day prices on positions.

Integration with External Systems:

• Fully Integrates with Existing Systems: ASI Portfolio Rebalancing Solution can fully integrate with a wide range of back-office applications including:
  • Accounting systems
  • Trading platforms
  • Portfolio management systems

Additional Features:

• Web-based Platform: Eliminate ongoing technology maintenance support costs and resource requirements.
• Flexible Hosting Options: Host the solution at your location or take advantage of Advisor Software's remote hosting capabilities.
• Account Level and Household Analysis: View all products within a household or single account as a single portfolio.

Organizations can find out more about licensing ASI Portfolio Rebalancing Solution by contacting ASI Sales at 925.299.7782 or asi_sales@advisorsoftware.com.