Professional Features: Customization, Asset Classes, & Account Allocations

Now that you  know the basics of inStream, we are going to take you through how to customize the software to your firms specifications and teach you some features that will allow you to test many more types of scenarios. 

How to Customize Everything

...from allocation and investment models, asset class assumptions, plan report templates, and all other default settings that you wish to change.  

Very simple, all you need to do is get acquainted with the Settings tab.  This is where you can create custom allocation/investment models, change your alert settings, and all your default plan settings.



Logging in as an Administrator:

The Settings tab has different options depending whether you are logged in as an Advisor or an Administrator.  If you are logged in as Administrator, you will have the ability to create and/or modify Asset Classes, customize the Plan Report Template, and all other firm-wide settings that you can control.

The Administrator role will also allow you to manage advisors working under your platform:  Purchase/Assign Seats,  Add/Delete Users, or  Create Advisor Teams



Custom Asset Classes

inStream's Asset Class wizard allows you to change the time period used for the Morningstar historical returns, modify existing Asset Class assumptions, and the option to create your own Asset Classes.

How to Create Your Own Asset Classes:

1. Login as Admininstrator > Go to Settings > Click on the Asset Classes sub-tab

2. Click Add/Delete Asset Classes


3. Select checkbox   Yes, I understand that changes made to asset class assumptions will affect my existing plans.

4. Click Next to go to Step 2 of 8 - Define Asset Classes: Click Add New Asset Class Category and/or Add New Asset Class (you will set the return and standard deviation in Step 5).

5. Skip Step 3 of 8 - Mapping to Morningstar Assets

6. Go to Step 4 of 7 - Mapping to Morningstar Index: Map the Asset Classes you have created (in Step 2 of 8) to a similar Morningstar indice.  To do this, click on the Asset Class on the left and map it by clicking a corresponding Morningstar Indice on the right. 

Make sure a time duration has also been chosen at the top of the screen:


7. Go to Step 5 of 7 - Define Expected Returns and Standard Deviation:  Set the Average Return and Standard Deviation for the new asset classes.  You can also modify existing asset classes returns and standard deviations as well.

8. Complete the rest of the wizard


Account Level Allocation

The Account Level Allocation feature allows you to apply a different allocation or investment model to each of your client's accounts (as opposed to Total allocation which is assigning one allocation/investment model to represent all accounts). 


Please note:  Allocation models using Custom Values will not be available to use with Account Level Allocation.

Click here to learn more about Account Level Allocation

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