Rebalancer Dashboard Insights

Advisors now have the ability to quickly see why a client account or portfolio triggered a Monitor exception. Whether asset classes are out of tolerance or accounts are short of cash, users can now view more detailed information as they decide whether or not to take action on their client's behalf.

Reporting Flexibility

We have launched additional benchmarking capabilities, alternative investment reporting flexibility, and more. Advisors should contact their Client Representative to turn on these exciting new features. Areas where Reporting Flexibility features have been introduced or enhanced include Client View (enhanced), Client Experience Portal (new), Advisory Reports: Alternative Investments (enhanced), Client Reports: Performance Reporting (enhanced).

Session Analysis for Rebalancer

Search and view all the trades for a given session holistically. Within the experience, advisors can also choose to add a trade as well as make any edits to quantity, price, or value for existing trades.

Business Intelligence Gains Fixed Income and Alternatives Reporting

Review fixed income and alternatives reporting for non-relationship related portfolios within the Advisor Reports area of the Business Intelligence application. With the upcoming retirement of the legacy Portfolio View application, Business Intelligence is the new home for insights into portfolio exceptions not part of a relationship.

Insurance Dashboard Within Client View

Here advisors can launch straight into exploring commission-free solutions and leverage a range of resources that make it easy to implement insurance as part of their clients' financial plans. The space also displays a relationship-specific account list of selected policies detailing the carrier, current market value, tax status, and more so they can analyze the information in the context of a client’s entire financial life.

Additional Rebalancer Advancements

Trades can now be added from directly within the Trade Blotter page for increased efficiency. Plus, more robust trade warnings, the option to restrict trading based on classification data, and insights into the last time a client was rebalanced have also been added.

Upgrade to Client View Portfolio

Highlights include upgraded reporting content with more extensive data options and performance optimization along with settings management customization for Firm Administrators that extends all the way down to the card level. In addition, holistic relationship level visualizations and filtering for custom-defined relationship, portfolio, account, asset, and holding tags/groups will be added later this year.

DocuSign^® Integration

Document-signing workflows are now available. The integration incorporates client reminders through the To-Do-List, automatic envelope and recipient creation, advisor notifications upon completion, Vault storage, and more.

Rebalancer Advancements

A number of noteworthy advancements to Rebalancer were made. Including:

• Summary tab editing
• Cash buffer tolerance bands
• Price refreshing during the trade review process
• And more

eMoney Single-Sign-On

Seamless access between Black Diamond and eMoney is now possible thanks to bi-directional single-sign-on for both advisors and their clients.

Mutual Fund Trading Expansion

Within Rebalancer, Fidelity is now supported for mutual fund trading.

Home Space Added to Client View

Home is a dashboard providing a well-rounded relationship snapshot and connection to where firms need to go using their choice of configurable widgets. Along with pertinent insights from across Client View, Home also features Rebalancer and Billing specifics and will launch users directly into client-related workflows.

Relationship Setup and Maintenance

We’ve streamlined how firms can set up and manage relationships. Clients can now ensure a firm user’s relationship access coincides with their account access using an automated sync. In addition, all firms using the daily feed with the Redtail CRM integration now have access to the relationship and contact sync.

Integration with the Advent Insurance Marketplace Powered by DPL

From the Connections menu, clients can use single-sign-on to launch directly into the marketplace.  

Accounts Receivable

The Accounts Receivable system is designed to identify fees billed against those which have been received to provide current and outstanding revenue information. The functionality is also designed to work with the use of Billing Accounts, Pay by Invoice Accounts, as well as with Fee Attribution. This is now available as an optional feature and can be activated upon request.

Rebalancer Trading Enhancements

Specific tax lots can now be selected during sales transactions. Firms now have the ability to override an account's tax lot disposition method by directly indicating which tax lots should be disposed for a given asset's sale transaction. Firms can quickly identify the lots that are being disposed for a sale transaction on the Trade Tab within the Trade Order of a specific client by selecting the arrow next to each sales transaction.

Client User Management Improvements

Firms can bulk invite, or re-invite, their clients to the portal and gain visibility into their usage through the improved Client User page within your Client Experience application.

Shared To-Do List

Advisors are able to create tasks for clients to view within their Client Experience portal, eliminating the need to send extra communications for tasks like document signing.

To-Do List Features:

• Create, Assign, Update and Monitor for Advisors in Client View
• Monitor and complete tasks for Client Users in Client Experience in web and mobile
• Notifications
• Reminders
• Attachments
• Comments