Summary:
Custom Portfolio Creation: The Model Portfolio Centre in Timeline Planning allows advisors to create and save custom portfolio allocations as templates.
Easy Access and Management: Advisors can access the centre through their account, enabling them to create, edit, or delete custom models.
Diverse Portfolio Types: It includes Custom models, SLI models, and Evidence-based models, catering to different user needs.
Portfolio Customization Options: Advisors can create portfolios using Timeline's asset classes or real fund holdings, with options for rebalancing strategies.
Efficient Portfolio Assignment: Model portfolios can be easily assigned to assets within the platform, streamlining the asset allocation process.
Introduction:
The Model Portfolio Centre in Timeline Planning is a powerful tool designed to enhance the asset allocation process for financial advisors. It provides a streamlined and efficient way to create, manage, and assign custom portfolio allocations, ensuring that advisors can tailor investment strategies to meet their clients' specific needs.
Accessing the Model Portfolio Centre:
Advisors can navigate to their accounts and select the Model Portfolio Centre option to access the Model Portfolio Center. This platform section offers a user-friendly interface for managing various types of model portfolios.
Types of Model Portfolios:
Custom Models: Advisor-created portfolios can be added, edited, or deleted as needed.
SLI Models: Similar to Custom models, specifically including Secure Lifetime Income.
Evidence-Based Models: Pre-set models based on Timeline's research are available only to Timeline portfolio users and are not editable.
Creating and Managing Model Portfolios:
Advisors can create custom model portfolios by selecting the 'Create new portfolio' option. They have the flexibility to build their strategy using Timeline's asset classes or by inputting actual fund holdings. The platform facilitates mapping funds to corresponding asset classes and allows users to choose their preferred rebalancing strategy.
Assigning Model Portfolios to Assets:
Advisors can add a new asset under the Settings/Asset section to assign a model portfolio and select the desired model portfolio from the saved templates.
This feature makes it easy to apply predefined asset allocations to different portfolios, enhancing the efficiency of the portfolio management process.
Conclusion
The Model Portfolio Centre in Timeline Planning is an invaluable tool for financial advisors, offering a high degree of customization and ease of use in managing asset allocations. By leveraging this feature, advisors can ensure that their clients' portfolios are aligned with their investment goals and risk profiles, ultimately leading to more effective and personalized financial planning.