Skip to main content

Assigning Targets & Rebalancer Workflow

Apply Targets to Accounts and Execute Trades with Advisor Control

Updated over 2 weeks ago

Assign a Target

Account-level targets are assigned automatically once created

Enterprise-level targets must be assigned, to do this:

  1. Navigate to the account page

  2. Click Quick Assign

  3. Select a Target from the drop down menu

  4. Click Assign Target

Confirmation Prompts

You will be asked:

  1. Assign target to this account?

  2. Turn rebalancing on?

    • Click Yes to confirm that SMArtX will monitor the account on a daily basis and notify you to review and rebalance when the account has drifted outside of the Target parameters.

    • Click No to not monitor or notify

  3. Rebalance this account now?

    • Click Yes to continue to the rebalancer so that you can submit the account to be rebalanced based on the assigned target.

    • Click No if you do not

What Happens Next

  • The account is linked to the Target

  • If rebalancing is enabled:

    • The account is monitored daily

    • Drift is flagged

    • It enters the Rebalancer queue

Rebalancer Workflow

  1. Open Rebalancer

  2. Select accounts

  3. Generate trades

  4. Review proposed trades

  5. Approve for execution

  6. Once you've selected Approve, you must go to the History Tab, refresh the page, to view Failed and Complete columns and the Result status.

    Important: If the Complete status has a number within the Failed column, there could be requests that have failed accounts within. Reach out to Client Support to help address this if needed.

⚠️ Important Rules⚠️

✩ Assigning a Target does not execute trades
✩ Trades only occur after advisor approval in the Rebalancer

⚠️ Removing a Target⚠️

  • Does not turn off rebalancing

  • Account may default to 100% cash if rebalancing remains on

Key Insight

✩✩ The Rebalancer is the final control layer before trades are executed ✩✩

Did this answer your question?