Rebalancing accouts and exporting trades

[Chandeleur]

Mark,
Hey. I was excited to see rebalancing and exporting trades improved/added in version 12. Just before version 11's release, I emailed you to suggest this capability. So, I'm glad to see this added for version 12. One thing though that is a major deal for me though is to simplify managing multiple accounts at once. It seems currently that if i want to rebalance and submit trades to the brokerage firm, I would have to do this account by account. That is too cumbersome. It would be nice to be able to assign a model/target allocation to each account. Then, one would be able to run a rebalance report or trade export for all accounts at once. Can you either recommend a work around for this issue or create the funcionality of assigning each account a model portfolio target to be able to generate trade exports in a more global manner? I am currently managing about 50 accounts?
Thanks,
Bryan

[Mark]

Hi Bryan,

Thanks for the feedback. I can see the benefit in making this more automated for many accounts. We'll give this some thought on the best way to incorporate this functionality. I can't really offer any work-around for now, other than doing 1 account at a time. That dialog does stay open between exports to make doing multiple accounts faster.

[Chandeleur]

Thanks for the reply, Mark. And, thank you for continually making the software better.

I think the functionality should be similar to the management fee functionality - a field in the portfolio properties. Then, like when completing management fee reports for entire master portfolio with sub-portfolios, one could run one report and trade export for a master portfolio and sub-portfolios. This is where most of the benefit of using model portfolios exists - in being able to quickly implement rebalancing of multiple portfolios based on a model.

Bryan

[Mark]

Hi Bryan,

Thanks for the feedback, I think you're right that it should be similar to the way you assign a management fee method.