New Version of ASI Portfolio Rebalancing Solution^SM Enables Cost-effective Delivery of More Intelligent, Holistic Advice

Enhancements to Industry Standard Portfolio Rebalancing Application Allow Advisors to Solve More Complex Rebalancing Problems

• 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 Accounts -- Enable a more holistic view of a household's accounts and allow advisors to incorporate held-away accounts into any rebalancing session. This also allows the advisor to combine accounts across multiple custodians and create a more realistic risk profile.
• Compare Analytics -- Allow a comparison of the pre-rebalanced to post-rebalanced portfolios at the account or household levels.
• Enhanced Diagnostics -- Provide advisors with the analysis they need to present the historical performance of portfolios and the securities that make up those portfolios, and understand the potential tax impact of trades.
• Cash Buffers at the Account Level -- Allow advisors to generate cash during rebalancing as either a fixed dollar amount or a percentage of the portfolio value. Using cash buffers, advisors can ensure that the account meets cash buffer constraints, resulting in a cash balance that can be used to meet future client liquidity needs. This enhances the application's existing feature of cash buffers as a global constraint.
• Style and Sector Overrides -- Allow the advisor to create and save custom exposures for particular products at the style and sector levels.
• Enhanced Integration with Trading Systems -- Allows the advisor to export their trade list to various file forms to import or pass to a trading system.
• Cash Investment or Cash Generation -- Enables the advisor to manage cash within an account with a full rebalance.

• Household Rebalancing to a Single or Multi-Model Framework allows advisors to rebalance accounts from the same household to a single household model or separate models for each household account. Advisors can then generate an investment proposal and trade list.
• Single Account Rebalancing lets advisors rebalance a single client account and generate the corresponding trade list to implement recommendations.
• Multiple Account Rebalancing enables the concurrent rebalancing of multiple client accounts (batch) to the same model portfolio and the ability to generate the corresponding master trade list.
• Locking Features allow advisors to exclude securities from being sold during rebalancing at the account or global levels. The locked items remain in the account and are included in diagnostic reports and the final proposal.
• Tolerance Bands identify when accounts drift away from the securities-based model, isolating the rebalancing process to just the securities that have drifted beyond advisor-set bands. Advisors can set standard tolerance bands to all the securities in a model or individually apply bands to each security, minimizing transactions from swings within the portfolio and automating the trade evaluation process.
• Rebalance Accounts with Multiple Security Types allows an advisor to leverage a single platform for supporting a wide-range of investment products such as mutual funds, stocks, bonds, exchange traded funds, separately managed accounts and variable annuity sub-accounts.
• Integration Capabilities allow full-integration with existing portfolio management systems.
• Advisor Customization allows advisors to configure the application to reflect an advisor's existing practice by creating and saving asset allocation targets and model portfolios.