Account & Data Readiness
Validate tax lots before starting; missing lots block analysis.
Ensure all securities are priced; unpriced assets stop the process.
Confirm account type eligibility; SMA-only and Manager-Traded Sleeves are not supported; Bonds and Options must be excluded (reach out to Client Services to help protect these assets).
Target & Allocation Management
Confirm target weights reach 100% before running analysis.
Verify the correct target is assigned; otherwise, defaults to cash.
Understand firm feature flags (e.g., “Help Me Find Models,” “View Targets”).
Tax Budget & Risk Controls
Set conservative budgets for first-time clients or uncertain tolerance.
Run scenarios with different budgets to illustrate trade-offs.
Scheduler & Execution
Check Scheduler status; if off, liquidations won’t run automatically.
Use Tax Impact Report when Scheduler is off to guide manual liquidations.
Scheduler opens at 10:00 AM ET. Runs after 3:00 PM ET are best-efforts; trades after market close go next business day.
Verify sufficient cash to cover expected trades.
Monitor for market value swings that may alter liquidation order.
Move positions manually to speed up slow transitions.