As an advisor, managing your clients' investment plans is a dynamic process that requires adjustments to align with changing goals and market conditions. This guide provides step-by-step instructions on how to edit an existing plan within our platform, ensuring that you can efficiently update investment strategies and assets as needed.
Step 1: Access the Plans Area of investGrade
Log In: Begin by logging into your account to access your main dashboard.
Navigate to Plans: Find and click on the "Plans" section, where all your managed investment plans are listed.
Step 2: Select the Plan to Edit
Choose the Plan: Browse through your list of investment plans and click on the name of the plan you wish to edit. This will take you to the plan's lineup view.
Step 3: Edit or Modify Plan
There are several ways that you can edit your plan lineup (annotated in screenshot)
A. Add Funds
This initiates the Add Fund flow. Within this flow, you may search for funds via a ticker symbol, secID, or its fund name.
1. Search for the fund you would like to add.
2. You will be presented with a list of funds returned that match your search input.
3. Select the fund to add (Note: You can not select multiple funds in this flow. To add multiple funds, before searching, click the 'By List' option).
4. Once the fund is selected, click 'Next' to progress to the 'Lineup Change Date' step.
Lineup Change Date
In this step, you can add the fund to your plan immediately by setting an effective date (A) up to 1-year in the past from present day or schedule the fund to be added to your plan by selecting the 'Propose date' option (B).
A. Effective Date
By setting an effective date, the fund will show up immediately in your lineup. You may choose an effective date up to 1-year in the past from present day.
You can not set a future effective date. If you need to use a future date, use the 'Propose Date' option to schedule the change.
B. Proposed Date (Schedule Lineup Change)
By proposing a lineup change date, it will schedule the fund to be added and will be shown as a 'Scheduled Lineup Change' and will not be visible in your plan lineup.
To view the scheduled lineup changes present on the plan, click on the 'Scheduled lineup changes' link underneath the plan name.
This will open a side panel from the right side of the screen with details of all past due, upcoming, and to be determined lineup changes.
Once the fund has been given an effective or proposed date of change, click 'Confirm' to finish.
Once Confirming the fund to be added, you will see a 'Summary' of your actions.
If you are finished adding funds to your plan, you may click 'Done'. If you would like to add more funds, click the 'Add More Fund(s)' button.
Add By List
If you already have a list of funds ready to add:
Click the 'By List' option
Copy the ticker symbols (or secID's) from your pre-existing list
Paste the list into the search field
The search will return any funds that are found in the investGrade System. If there are some funds that are not found, it will only return the funds that are available.
If your list of funds to add looks correct, click the 'Next' button to progress to the 'Lineup Change Date' step.
Lineup Change Date
In this step, you can add the list of funds to your plan immediately by setting an efftive date up to 1-year in the past from present day or schedule the list of funds to be added to your plan by selecting the 'Propose date' option (B).
A. Effective Date
By setting an effective date, the list of funds will show up immediately in your lineup. You may choose an effective date up to 1-year in the past from present day. You can not set a future effective date. If you need to use a future date, use the 'Propose Date' option to schedule the change.
B. Proposed Date (Schedule Lineup Change)
By proposing a lineup change date, it will schedule the list of funds to be added and will be shown as a 'Scheduled Lineup Change' and will not be visible in your plan lineup.
To view the scheduled lineup changes present on the plan, click on the 'Scheduled lineup changes' link underneath the plan name.
This will open a side panel from the right side of the screen with details of all past due, upcoming, and to be determined lineup changes.
Once the list of funds has been given an effective or proposed date of change, click 'Confirm' to finish.
If you are finished adding funds to your plan, you may click 'Done'. If you would like to add more funds, click the 'Add More Fund(s)' button.
Tips
Adding funds by list can help save you time.
With the Add Funds panel open, it can be helpful to open the 'Fund Research' page in a separate window. Here, you can search and filter so that you can easily copy and paste a ticker symbol (if present) or fund name into the Add Funds side panel.
B. Modify Funds
C. Remove Funds
To remove a fund from your plan, select the fund to be removed by checking the box to the left of the fund.
Once the fund(s) are selected, the 'Remove' option in the action bar will become enabled.
Click the 'Remove' button.
You will now see a 'Removal Date' panel slide from the right side of the screen. Here you may set an effective date for the removal, or propose a date for a future removal of fund(s).
If you set a future removal date, the fund will still be present in your plan until you set an effective date for the removal.
Once you have selected an option for removal. Click 'Confirm'.
You will see a 'Summary' of the funds that have been removed or scheduled for removal.
D. Edit Plan Detail Information
Navigate to the plan you would like to edit.
In the plan lineup, click the 'Edit' button in the top right.
An 'Edit Plan Details' panel will slide out from the right.
Edit Sponsor Details
Once a plan is created, you can not edit the Plan Sponsor, but you may add or edit any contacts listed on the plan.
Remove Plan
You have the ability to remove the plan listed from this panel.
Click the 'Remove Plan' drop down.
Input the 'Plan Removal Date' so that there is a historical record for when the plan was removed (allowable up to 1-year in the past)
If known, please select a 'Reason for Removal' from the drop down menu (optional).
Edit Plan Details
Edit Fiduciary Details
E. Update / Enter Assets
Navigate to the Plan Lineup
On the right side of each fund row, you will see an input that is available to edit.
Enter the asset value for each fund.
Once an asset value is entered for a fund, it will update the plans 'Total Assets' number in the top right of the plan.
Missing Assets
If a fund has been added to a plan and does not have an explicit value entered, the fund will not be reported on and will be considered a null or empty value.
This is notated by:
A highlighted fund row with a yellow bordered assets field in the plan lineup
Warning Icon w/ Assets Missing warning on the Plans list card
Conclusion
Editing an existing investment plan is a straightforward process designed to ensure you can adapt your investment strategies to meet your clients' evolving needs. By following these steps, you maintain the flexibility and responsiveness crucial to successful investment management.For further assistance or more detailed information on specific features, please visit our Help Center or contact our support team.