Tip of the Month
Householding
To help your clients enjoy the benefit of a lower fee rate, you may group (a.k.a. household) the assets of multiple accounts together to determine what price breaks to give each individual account in the group. This allows the total assets of all accounts in the group to be accumulated before the fee schedule is applied and therefore enables higher breakpoints for lower fees.
Accounts househeld together for billing are called a “billing group.” You can household an account during the proposal generation process. In the Fees step of the Proposal Guide, if the client has an existing billing household, you can attach the new proposal to it by selecting the existing Billing Group.
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Feature Spotlight
Product Compare in Research Center
Whether you are researching investment products or collecting data to show and explain to clients your investment selections, the product comparison feature in the Research Center can help you obtain the important and necessary information in a timely manner. It is easy to use and includes visually digestible charts and graphs.
Simply go to the Research tab, select the product(s) you want to compare, and click View Product Comparison from the Compare Products icon.
In the pop-up window, select the Benchmark and the Risk Statistics Time Period, and click Compare.
The product attributes to be compared will display in four separate tabs—Overview, Performance, Statistics, and Composition.
Overview
Here you can find the Quick Facts and a Correlation matrix chart of the compared products.
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Performance
The Performance tab includes the tables and charts of Annualized Returns, Performance vs Benchmark, Performance Details, Performance Growth of $100, Drawdown Analysis, and Performance Trends.
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