Introduction to Accounts, Reporting Groups, Households, and Clients

Learn more about the differences between accounts, Households, reporting groups and clients – and see some common scenarios that leverage all group types.

Households

Households will group accounts, reporting groups and clients. An easy way to think of a Household is that the clients can view all of the associated accounts and reporting groups, and the clients generally share similar goals.

Accounts

Accounts refers to the financial account, such as John Abbey's IRA. Accounts are imported into Advisor View from your portfolio accounting system. An account should be included in the appropriate Household, billing, and reporting groups in order to leverage Advisor View’s full suite of features.

Reporting Groups

A reporting group is a collection of accounts. The accounts are combined to facilitate group level reporting and group level performance calculations. A group is a separate entity, apart from the accounts it contains. You can put as many accounts and groups in a reporting group as you wish.

Clients

Clients are unique contacts, such as a client's email address, that are used to control access to the client portal. These contacts specify the Households that the client will use when signing into the client portal. A client doesn't necessarily have to be an investor – a client can be anyone you want to have access to a portal, such as a CPA, lawyer, etc. A client can only be assigned to one Household.

Learn More About Linked Accounts

Use the Yodlee integration to aggregate held-away accounts to Tamarac. Learn more about types of linked aggregated accounts and how they behave in Tamarac.

Learn More About Notes on the Accounts Page

Notes in Advisor View allow you to add documentation to accounts that can be widely seen by other users who have permission to view those account

The Select All Check Box

Learn how to select, clear, and view the selection for some or all of the records.

Using Page Views

Page views allow you to customize what columns appear on a grid page. Learn how to use, create, edit, and share page views.

Using Working Lists

Learn more about creating and using working lists. Working lists are a list of accounts and/or groups you can create for any reason that don't require any common characteristics. These lists can then be used to filter pages throughout Advisor View.

Custom Fields for Accounts, Reporting Groups, Households, and Securities

Is there information you want to track in Advisor View, but there’s no existing field for that information? For example, maybe you want to track your client classification (bronze, gold and platinum). You can create custom fields for accounts, reporting groups, Households, and securities so that you won't be limited to only the available fields.