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Model Portfolios in AdviserLogic allow you to define a collection of investments that can be applied consistently across client portfolios. These are often used to group preferred investments, such as ETFs or SMAs, that your practice regularly uses.

Model Portfolios are particularly useful when an SMA is not available in the Morningstar ecosystem, or when dealing with private or custom investment options.

Using Model Portfolios helps streamline your advice process and ensures consistency in asset allocation. Once created, Model Portfolios can be used in Digital Advice scenarios and directly within the Portfolio tab of a client record.

AdviserLogic also supports Custom Products, which may be more suitable in certain situations.

Use Custom Product when simplicity and high-level grouping is the goal. Use Model Portfolio when you need transparency, granular control, and detailed fee analysis.

To access the Model Portfolio setup area, navigate to Tools > Administrative Tools > Product Setup > Model Portfolios

This will open the Model Portfolios screen, where any existing portfolios for your Practice will be displayed.

To create a new Model Portfolio, select the Add button located at the top right of the Model Portfolio section. Then, scroll to the bottom of the screen and enter your desired portfolio name in the Portfolio Name field. Once entered, click Save to create the portfolio.

After saving, a new section titled Portfolio Investment List will appear beneath the list of existing portfolios. This is where you can begin adding investments to your new Model Portfolio.

To add investments to the portfolio, hover over the Add button in the new section and choose an investment type from the drop-down list. You can choose from:

To add an Australian Share, hover over the Add button on the right side of the Portfolio Investment List section, then select Australian Shares from the dropdown list.

A new window will open displaying the Australian Shares selection screen. Start typing the ASX code in the ASX field, or the company name in the Description field. A list of matching results will appear below.

Select the desired share by clicking on it. Then, enter the percentage you wish to allocate to that investment in the corresponding Percentage field.

Clicking Advanced Options opens the Choose Securities window.

This tool allows you to search and select ASX-listed securities using either:

After entering your search criteria, click Search. A list of matching securities will be displayed, including their ASX Code, GICS classification, and Security Description.

Select the appropriate security from the results list to add it to the portfolio. This method is helpful if you need to confirm the security classification or differentiate between similar listings before adding them.

Once selected, the security will be added to the Portfolio Investment List. You can then enter the percentage allocation and save the entry.

Add as many shares as needed. Once done, Save to add the shares to your Model Portfolio.

To add a Managed Fund, hover over the Add button on the right side of the Portfolio Investment List section, then select Managed Fund from the dropdown list.

A new window will open displaying the Managed Fund selection screen. Start typing the APIR code in the APIR field, or the fund name in the Description field. A list of matching results will appear below.

Select the desired managed fund by clicking on it. Then, enter the percentage you wish to allocate to that investment in the corresponding Percentage field.

Once selected, the fund will be added to the Portfolio Investment List. You can continue adding more managed funds if needed.

Once you're done, click Save to add the managed funds to your Model Portfolio.

To add a Bank Deposit (such as a cash account) to your Model Portfolio, hover over the Add button on the right side of the Portfolio Investment List section, then select Bank Deposit from the dropdown list.

A pop-up window will appear with two fields:

Once you've entered the required information, click Save to add the bank deposit to your Model Portfolio.

The entry will then appear in the Portfolio Investment List alongside your other assets.

To add a Custom Product to your Model Portfolio, hover over the Add button on the right side of the Portfolio Investment List section, then select Custom Product from the dropdown list.

In the pop-up window that appears:

Once both fields are filled out, click Save. The custom product will then appear in your Portfolio Investment List alongside the other investments.

Once you have added all your investments, select Save. Your Model Portfolio is now ready to be selected in Digital Advice investment scenarios.

Your Model Portfolio is now ready to be selected in Digital Advice investment scenarios.

After creating a Model Portfolio, you can manage it by Duplicating, Editing, Renaming, or Deleting it. These functions help you keep your portfolio allocations up to date as your investment preferences change.

To manage your Model Portfolios, return to the Tools > Administrative Tools > Product Setup > Model Portfolios screen.

To rename a portfolio, select it from the list and type a new name into the Portfolio Name field, then Save.

To duplicate an existing Model Portfolio, first select it from the Model Portfolios screen. Then click Save As.

In the pop-up window, enter a new name for the portfolio and select Save. This will create a new version of the portfolio with the same investment allocations and structure.

You can then make any necessary changes by editing the new Model Portfolio without affecting the original.

There are several ways to modify an existing Model Portfolio:

To remove an investment, click the red cross (✖) next to the relevant row.

To edit an allocation, click directly on the percentage figure in the Portfolio Investment List, enter the new percentage, and press Enter to save.

To add a new investment, select the portfolio from the list, then click Add and choose the asset type.

To delete a Model Portfolio, select the portfolio you want to remove from the list, click Delete to permanently remove it from the system

When you select Delete, you will receive a confirmation prompt before the Model Portfolio is permanently removed. This step is designed to prevent accidental deletion.

Once all investments have been added and the percentage allocations total 100%, the system will automatically calculate the individual investment amounts.

These amounts are derived from the total dollar value assigned to the Model Portfolio in the Digital Advice screens, distributing the value proportionally based on your set allocations.

Once your Model Portfolio is created and saved, you can apply it directly within the Digital Advice module, both in the Research screens and the Scenario screens.

This allows you to quickly recommend a consistent investment strategy without manually selecting individual investments each time.

In the Digital Advice Tools Fee Research screens, Model Portfolios can be selected when comparing and researching super or investment options, helping to assess how your preferred asset mix performs relative to alternatives.

From a client record, navigate to Digital Advice > Advice Tools > Platform Fees/Super Fees

Add the comparison amount in the top left of the screen.

Add the Platforms for comparison.

The Add Underlying Investments or Model Portfolio window will open, from here you can select the previously created Model Portfolio from the Portfolio/SMA field in the middle of the window.

When a Model Portfolio is selected, the values will be applied to the entire Comparison Amount. This amount is editable and will be shown as the Recommended amount for each investment, calculated based on the percentages defined in your Model Portfolio allocation. These values appear under the (%) column, allowing you to review and adjust the recommendations as needed.
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Selecting Add will apply the model portfolio to your fee comparison.

In the Digital Advice Scenario screens, Model Portfolios can be selected when comparing and researching super or investment options, helping to assess how your preferred asset mix performs relative to alternatives. The system will then distribute the investment value automatically, based on the percentage allocations you’ve set up in the Model Portfolio.

From a client record, navigate to Digital Advice > Scenarios > Add New Scenario > Select Strategies

You can choose the previously created Model Portfolio from the Model Portfolio/SMA dropdown.

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When a Model Portfolio is selected, the values will be applied to the entire Recommended amount if the Rebalance Total Available Amount toggle is switched on. This amount will be shown as the Recommended amount column for each investment, calculated based on the percentages defined in your Model Portfolio allocation. These values appear under the (%) column, allowing you to review and adjust the recommendations as needed.

Selecting Add will apply the model portfolio values to the scenario, automatically selling any pre-existing values.

Selecting Save will apply the Model Portfolio to the strategy and the Asset Allocation screen will now reflect the Model Portfolio.

This simplifies the modelling process, ensures consistency in advice, and supports accurate calculation of fees, returns, and projections.

Use this guide to resolve common issues when creating, managing, or applying Model Portfolios in AdviserLogic.

Cause: You may not have the correct access level.
​Solution: Only users with Administrative Tools access can view and manage Model Portfolios. Contact your Practice Administrator to request access.

Cause: The total percentage of all investments exceeds 100%.
​Solution: Check the Portfolio Investment List and ensure all allocations add up to exactly 100%. If they exceed this, a warning will appear and the portfolio will not save.

Cause: The Custom Product hasn’t been created yet.
​Solution: You must first create the Custom Product via Tools > Administrative Tools > Product Setup > Custom Products before you can add it to a Model Portfolio.

Cause: The Comparison Amount or Recommended Amount in Digital Advice hasn’t been set or edited.
​Solution: In the Digital Advice screen, confirm the Comparison Amount or toggle on Rebalance Total Available Amount. The system will use this total to calculate dollar allocations based on your Model Portfolio’s percentages.

Cause: The Delete function was used and confirmed.
​Solution: Unfortunately, deleted Model Portfolios cannot be recovered. You will need to recreate it manually. Consider using Save As to duplicate portfolios in the future before making major edits.

Cause: Percentages in the Digital Advice screens are driven by the Model Portfolio setup.
​Solution: To update these values, go back to the Model Portfolio setup screen, adjust the allocations, and save. Return to the scenario to reapply the portfolio if needed.

Cause: The total allocation is less than 100%.
​Solution: The system assigns the unallocated portion as a placeholder cash account. You can either allocate the remaining percentage to other investments or leave it as cash, depending on your strategy.

Cause: Edits to a Model Portfolio don’t retroactively update applied scenarios.
​Solution: After editing a portfolio, reapply it to the scenario by selecting it again. This will pull through the updated structure.

Cause: The portfolio may not have been saved correctly or is missing required investment data.
​Solution: Double-check that the Model Portfolio was saved with at least one investment and valid percentage allocations. Revisit the setup screen and confirm.

Cause: Likely due to exceeding 100% without noticing, which prevents saving.
​Solution: Carefully monitor the total allocation percentage before clicking Save. Use the system’s greyed-out cash line to track the remaining percentage.

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If your issue isn't listed here or you're still having trouble, contact AdviserLogic Support for further assistance.