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June 2022 - What's New in Advisor View

Contents

Performance Reporting

Review Top and Bottom Performers on the Performance Attribution PDF Report

Compliance Reporting

New Data Features to Help You Prepare for Future 13F Compliance Reporting Capabilities

Find Accounts by Compliance-Related Fields With New Saved Search Filters

Find Data For Search Improvements Help You Find Sleeve Accounts

Billing

New Custodian Column on the Billing Statement PDF Report

Platform Improvements & Performance Enhancements

Learn More - Watch the Release Video

 

Performance Reporting

Review Top and Bottom Performers on the Performance Attribution PDF Report

When managing clients' portfolios, you want to know how each position contributes to the overall return. Did a given security or category drag down the returns for the portfolio as a whole? Conversely, did some positions hit above their weight to contribute significantly to positive returns? Last release, we made it easier to see attribution in the dynamic Position Performance report. This release, we add another performance evaluation tool to your toolbox: the new Performance Attribution PDF Dashboard section.

Use the Performance Attribution dashboard section to create a summary of the top or bottom positions for an account or group, ranked by average weight, contribution, or return. Add a total row to the report, a unique feature that shows the cumulative impact of the listed positions or categories.

This new section helps to answer questions such as these: 

Example

You are examining the performance of a client's portfolio and want to see how much the best and worst performing positions in that portfolio affect overall performance. You create a PDF template that includes a few versions of the Performance Attribution report to rank securities in both descending and ascending order: 

You examine the highest and lowest performing securities by return. This helps you answer important questions about your strategy: 

,

For more information, see Performance Attribution Report.

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Compliance Reporting

New Data Features to Help You Prepare for Future 13F Compliance Reporting Capabilities

Note

The bulk report and security settings described below will not be available on release night but will be available in coming weeks.

In a previous release, we let you know about a new compliance reporting feature to help you complete ADV reporting required by the SEC. As we add features to help you with compliance reporting, we're pleased to announce new features that contribute to a future 13F compliance report. You can use these features to prepare for the full reporting functionality coming in the future.

Here are the available 13F reporting features coming soon: 

Bulk Reports for 13F Security Fields

You will be able to use the 13F Security Mapping bulk report to audit 13F security data in bulk. This lets you monitor 13F-related securities information and can help you audit the information.

Keep in mind that Tamarac will only store this security data for the trailing eight quarters, and this bulk report will reflect that time frame.

13F Tab on Security Settings

The new bulk report will allow you to view a data set of security information related to 13F, but you'll also be able to view this information visually on a new 13F tab, available on the settings panel for individual securities. These data points will come directly from the SEC, giving you additional peace of mind as to their accuracy.

These are the data points available on this tab: 

Existing Account Settings

In a past release, we added these account-level settings that will be used in future 13F compliance reporting: 

As you prepare for future 13F reporting capabilities, you can also use these settings to prepare your accounts for 13F reporting.

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Find Accounts by Compliance-Related Fields With New Saved Search Filters

In the previous release, we introduced an ADV compliance report and, in this release, we expanded your ability to find accounts based on some ADV report-related settings.

Use the following search filters to find the accounts based on these ADV fields: 

In addition, you can use following search filters to find 13F-related fields in accounts and Households: 

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Find Data For Search Improvements Help You Find Sleeve Accounts

With this release, we're adding to updates made in the April 2022 release to make it even easier to tell similar accounts, groups, sleeve accounts apart in the Find Data For search tool. We also adjusted the look and feel of the search.

You’ll see these changes:

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Billing

New Custodian Column on the Billing Statement PDF Report

When clients have many accounts, many will identify them by custodian, like “my Fidelity brokerage account.” On billing statements, it’s particularly important for clients to clearly understand how each accounts is being billed.

To help you create transparency and trust, we're adding a Custodian column to the Billing PDF report. This column displays the custodian for the account or group and can be useful in differentiating accounts with different custodians.

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Platform Improvements & Performance Enhancements

Part of our ongoing effort to improve the speed and reliability of the Tamarac Platform includes a number of enhancements under the hood. This table highlights improvement made since our last release: 

Improvement Made Type of Improvement
Under-the-hood improvements to the Find Data For search tool may speed searches by as much as 70%. Search

 

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Learn More - Watch the Release Video

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