The Rebalance Portfolio strategy in AdviserLogic’s Digital Advice module lets you rebalance a client’s existing superannuation portfolio, including the ability to access and release super funds (via conditions for release) before realigning assets. This strategy helps ensure the client’s investment holdings match the desired outcomes and risk profile within advice scenarios

Please follow the step-by-step instructions below to prepare advice for the Rebalance Portfolio strategy.

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From the Digital Advice - Scenarios Screen select the Add Scenario icon.

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Select the client the advice is for, or select Joint to create advice for your client and partner. Select the type of advice (SoA or RoA), then Proceed To Scope.
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Select the Rebalance Portfolio strategy from the Strategy screen and Proceed.
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Select the relevant goals set and then Proceed.

The functionality of the Rebalance Portfolio strategy is identical for both Investment and Superannuation strategies.
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The Rebalance screen is divided into three sections.

Shows the clients' existing super funds or platform investments

Shows the underlying investments beneath each selected platform or super portfolio.

Shows how the different asset types are allocated within the selected portfolio in relation to their position in the advice: Existing, Recommended, or Strategic.

Rebalancing an investment portfolio, without adding funds to the portfolio, is achieved by selling funds from one or more underlying investments, you can do this by zeroing out the Proportion (%) column of the fund allocation and then clicking out of the field, the balance will show in Red under the transactions column.
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Once the funds have been freed, the Rebalance portfolio button will appear along with the remaining balance. Please note the balance must be completely allocated before you will be allowed to move on from the section.
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There are three ways to allocate the remaining Balance:

Use the Rebalance button to distribute the balance equally amongst the remaining funds funds.
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Alternatively, you can add either a Model Portfolio or SMA , or add individual funds from the drop-down or + Add Underlying Investments button.

To return to the original portfolio values, select the reset button from the bottom of the Underlying Investments section.
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To rebalance the entire portfolio amount select the Rebalance Total Amount toggle, which by default is always set to Off.
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The Asset allocation graph will reflect the new recommended allocations and how the investment types are allocated within the portfolio.
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The Yellow strategic bar will only show in your scenario if the client already has a Risk Profile associated with their account. This bar will compare the existing to the recommended and how this relates to the client's agreed risk appetite.
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Select Proceed to Research to compare your client's existing fund with a different platform by choosing the comparative fund from the drop-down under the new platform.
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The client's existing super fund will show in the first column, all subsequent funds will show to the right. The features are compared through a series of ticks.
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Similarly, once you proceed to the fee comparison screen. You may add a super fund by choosing the fund name, from the drop-down at the top of the empty columns, to compare the fees the investments would attract.

Jump to an ICR fee comparison of either all the clients' existing funds or the individual funds by selecting the option from the drop-down.

Proceed to the review screen, here, you will be able to make any last-minute adjustments to your recommendation by selecting the Pencil edit icon.

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Select the Proceed to Disclosure Fees button located at the bottom right of the screen. From there, you can add your fees and complete your advice.
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​After completing the advice, you may add any previously created cashflow modelling to the scenario by selecting the Link Cashflow option from the Scenario Tile. The cashflow tables will be drawn into the final advice document.
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