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Overview
The Assets and Liabilities Home screen provides a consolidated view of your client’s financial position. It allows you to review all asset and liability records quickly, understand their structure, and ensure information is up to date before completing modelling or advice documentation.
Assets
The Assets section shows the client’s existing asset details and also allows you to add any newly required assets. Keeping this information complete and accurate helps ensure you can provide appropriate and tailored financial advice.
Access
You can access the Assets option from the Assets/Liabilities tab.
Existing Assets
You can search/filter the existing assets added in the Assets section using Codes or Descriptions.
Filter By Owner
You can filter the list of assets by ownership, allowing you to view items held by the client, partner, company, trust or a super fund/pension.
Hide Zero Amounts
Selecting the Hide Zero Amounts checkbox will remove any asset entries with a value of zero from the list.
Group SMA
The Group SMA feature in the Assets Screen allows you to consolidate underlying investments within a Separately Managed Account (SMA) into a single-line SMA or ungroup existing holdings.
Fund Compare
The Fund Compare feature in the Assets screen allows you to compare multiple Managed Funds.
Select the managed fund you want to compare, then choose Compare to proceed..
The results of the managed fund comparison will appear in a separate report.
📌 Note
Only managed funds are eligible for comparison, and other asset types cannot be included.
You can compare up to five managed funds at one time.
💡Tip
Access to the Adviser Research Centre (ARC) is required to view the Risk and Rating details within the Compare Report.
Export
You can export the Assets details in a spreadsheet using the Export feature.
Add
You can add Assets in AdviserLogic using the Assets Type option available under the Add button.
There are 9 Asset Types options available.
Australian Shares.
Managed Fund.
Bank Account.
Offset Account.
Investment Property.
Family Home.
Assets Fields
AdviserLogic displays asset information across 12 fieldss, each showing a different field of asset data.
Category | Shows the asset type associated with the recorded asset. |
Type | Displays the asset type selected from the Add menu when the asset was created. |
Description | Shows the name assigned to the asset when it was added. |
Units | Displays the number of units purchased for the asset. |
Unit Price | Shows the purchase price of each unit of the asset. |
Amount | Shows the total amount paid to purchase the asset. It is calculated as: Units * Unit Price = Amount |
Asset% | Shows the percentage weight allocated to the investment within the portfolio. |
Platform | Shows the name of the platform associated with the asset. |
Entity | Shows the name of the person or entity that owns the asset. |
Asset Report | It provides access to the basic-level Morningstar Research Report. |
Add Transaction | You can add Transactions to Assets using the three dots. |
💡Tip
You can sort the information in any column in ascending or descending order by selecting the column header, except Asset Report and Add Transaction.
Access to the Adviser Research Centre (ARC) is required to generate the comprehensive Morningstar Research Report from the Asset Report.
Liabilities
The Liabilities section displays the client’s existing debts and also allows you to record any new liabilities. Keeping this information accurate and up to date helps ensure you can provide appropriate and tailored financial advice.
Access
You can access the Liabilities option from the Assets/Liabilities tab.
Existing Liabilities
You can filter the liabilities listed in the Liabilities section by using fields such as description, owner, type, lender, structure, term, rate, or amount. You can also use the advanced search option by selecting the drop-down menu.
Hide Zero Amounts
Selecting the Hide Zero Amounts checkbox will remove any liability entries with a value of zero from the list.
Export
You can export the Liabilities details in a spreadsheet using the Export feature.
Add
You can add Liabilities in AdviserLogic using the Liability Type option available under the Add button.
There are 12 Liability Types options available.
Car Loan.
Margin Loan.
Investment Property Loan.
Mortgage.
Personal Load.
Credit Card.
HECS.
Other Investment Loan.
Home Equity Loan.
Line of Credit.
Business Loan.
Other.
Liabilities Fields
AdviserLogic displays Liabilities information across 10 fields, each showing a different field of liability data.
Description | Shows the name assigned to the liability when it was added. |
Owner | Shows the name of the person or entity that owns the liability. |
Type | Displays the liability type selected from the Add menu when the liability was created. |
Lender | Shows the name of the financial institution that provided the loan. |
Structure | Indicates whether the borrower is required to make principal and interest repayments or interest-only repayments. |
Term | Shows the duration of time over which the loan is scheduled to be repaid. |
Rate | Represents the interest percentage charged on the outstanding loan balance. |
Amount | Shows the remaining loan balance that is still required to be repaid. |
Notes | Shows the notes entered when adding the liability. |
💡Tip
You can reorder the liability information in any column by selecting the column header to sort the data.