The Definition of Investments Has Been Standardized

We standardized the definition of investments to create a consistent experience between the Client Overview and Client Portal (Home and Investments pages). This change included updates to the values displayed by the Investments tiles.

The new definition of investments includes the following account types:

• Taxable
• Qualified Retirement
• Roth IRA
• HSA
• 529
• Annuities
• Deferred Compensation
• Cash (New to Client Portal Investments Tile and pages) 
• Stock Options (New to Client Portal Investments Tile and pages) 
• Life Insurance Cash Values (New to Client Portal Investments Tile and pages) 

In addition, to provide a more holistic view, both in- and out-of-estate assets are now included in Investments.

Note: While the total value of the Client Portal Investments tile already includes out-of-estate assets, this change will impact the total value within the Client Overview Investments tile within the advisor site and the shared background chart underlying both sites Investments tiles.

How will this impact my clients?

Clients with cash accounts, stock options, and life insurance with cash value accounts will see an increase as these accounts are included in their Investments tile.

Additionally, the Investments in the Accounts tile has been split into Taxable and Tax Advantaged and Life Insurance has been updated to Life Ins Cash Values.

These changes clarify the account types on the Client Homepage.

Note: If intra-day pricing is turned-on, there may be a difference between the Advisor and Client Site investment sections because intra-day pricing modifies the values being reported.

How can I communicate this change to my clients?

Use this guide to illustrate what’s changed to your clients.

If you have questions about this release, give us a call at 888-362-8482 or send us an email.