Simplify user experience by allowing end-investors to SSO directly into Schwab Alliance from Orion's client portal!
Smoothly transition from Orion's client portal to Schwab's end-investor portal with ease.
How to get there:Orion Connect > Client Portal > Charles Schwab Alliance Icon on left-hand panel > click “Launch Schwab Alliance” button > Follow further instructions from Schwab How to enable:Client Experience app > Settings > Integration > Schwab Alliance SSO > ON
Streamline Preparation for Client Meetings with Report Packages
This feature runs and compiles multiple reports into a unified package (PDF) with a single cover page and table of contents.
Decrease your prep time for client meetings with a few clicks from one screen instead of running multiple individual reports.
Build and save Report Packages for different types of clients and run them on demand.
The new Report Packages functionality provides a fast and easy way to run multiple reports for a single client as one unified PDF. You can even create and save Report Packages ahead of time for different types of clients and run them on demand!
All users that currently have Report Builder (RB3) editing rights will see a new Report Packages button in the Reporting app next to the “Create Report” button.
Users who do not currently have RB3 editing rights and Rep-level users will need the following Manage Users privilege enabled for them or their role to utilize Report Packages.
Eclipse Account Details and Portfolio Details Pages Updating to Popup Windows
To better align with Orion Connect and provide a more consistent user experience, we are updating the Account Details and Portfolio Details pages in Eclipse to display in popup windows.
As part of this change, the Account Details search in the left navigation menu of Eclipse will be removed. The “Looking for something” entry field in the header will remain as the universal search field in Eclipse.
The Account Details popup will be enabled in Eclipse beginning 11/13; the Portfolio Details page will be upgraded to a popup for all firms over the next few weeks.
How to get there: Eclipse > Accounts > Right-click an account > Select View or Edit Details
Mark Accounts as SMA En Masse with the Separately Managed Custom Import
Easily mark accounts as Separately Managed Accounts (SMAs) and create, update, and assign SMA Assets en masse. Separately Managed Accounts enable you to combine certain assets in an account and make it reflect as one asset in client reports and the client portal.
Note: The Firm Profile database entity option “Allow Separately Managed Accounts (SMA)” must be enabled for your database. Please reach out to the SME Reporting team if you need to have this turned on for your database.
Advisor-level users can create custom products and add new assets to accounts.
Representative-level users can only use an asset that already exists in an account as the SMA Asset.
Orion's revolutionary trading platform now offers automated money market securities allocation. Set up and manage value-added interest rate exposure opportunities for their clients’ accounts, via money market fund (MMF) holdings at the click of a button, without the hassle of manual trading.
The rebalancer automatically creates trade orders to buy or sell custodian-specific MMFs to a specified percentage of an investor’s overall portfolio cash allocation.
Enhanced Visibility for Additional Reps in the Payout Dashboard
Support reps - enjoy more visibility and transparency with your payables! Payout amounts associated with accounts where the Rep is assigned as an Additional Rep at the household level are now included in the Payout Dashboard grids in Advisory Fee Reports.
Immediately send query results to an FTP or SFTP after running the query!
Please Note: FTPs (File Transfer Protocol) and SFTPs (Secure File Transfer Protocol) are remote systems that you can transfer files to. To send results to an FTP or SFTP when running queries, you must provide Orion with the necessary information to establish the connection.
If you do not currently have an FTP or SFTP setup, you must work with an IT professional or your firm’s IT team to set one up.
How to enable: Manage Users > Actions > Query - FTP Results
How to get there: Orion Connect > Query app > right-click on a query > Run Query > Select SFTP as the Destination for the query’s results.
Not 1, but 2 new Sub-Reports to visually represent Projected Income!
Enhance the information shown in the existing Projected Income and Redemption table Sub-Report with two new Bar-Chart-based Sub-Reports.
Projected Income Bar Chart - Displays the projected income for all products.
Fixed Income and Redemption Bar Chart - Presents the income and redemption data for fixed-income products only.
Please note: You must have access to edit or create reports to use these sub-reports. Please reach out to your firm's Manage User admin for information on user roles and privileges.
How to get there: Orion Connect > Reporting > Reports > Click on the name of a report to edit it OR click on New Report to create a new custom report. In the right sidebar, click on the Sub-Reports tab (A), expand the Standard section > then (B) drag either sub-report onto your custom report to add it: Projected Income Bar Chart OR Fixed Income and Redemption Bar Chart
Process All Trade Orders* in Orion Trading (Eclipse) Faster Than Ever Before
Efficiently move orders on the Orders Grid with the new "Process All" functionality! Please note this is only available for Firm Admin roles.
How to get there:Eclipse > Trades > Orders > Actions > Process All (if the User's Role is a Firm Admin level Role and has "Process All" enabled) How to enable:Eclipse > Manage Users > Roles > Locate any Firm Admin Role/Create a New Firm Admin Role > Order Management > Enable "Process All"
Whether you’re utilizing a Multi Database or a Single import, exclude your import errors en masse. Say goodbye to excluding individual error rows one by one!
Prioritize your import needs and streamline error management. Proceed with applying your pertinent information by excluding the errors to review at a later time.
Enhanced flexibility! Excluding errors in bulk allows you to allocate dedicated time to review and resolve the errors at a later time allowing a more thorough analysis and resolution while prohibiting delays for the remaining information on the import.
Set a Default Cover Page for all your Custom Reports
Setting a cover page as the default for your database ensures all new custom reports automatically use it as their cover page.
When a report from another database is shared with you and it's set to use the default Cover Page, it will now use the default Cover Page from your database.
Set separate default Cover Pages for Portrait and Landscape layout reports. When a new report is created, it will automatically choose the default cover page that matches its layout.
How to Get There: Reporting App > Cover Pages. Select Edit on an existing custom cover page, or click on: New Cover Page. In the right sidebar, make sure you are in the General tab (1) and click on the checkbox next to Default Cover Page (2). Save your cover page: Actions > Save
New YTD Realized Gain/Loss Column Added to Portfolios Grid
Use the new “YTD gain/loss” column in the All Portfolios grid in Eclipse to know where you stand with realized gain/loss values across all your portfolios. This value is also shown within Portfolio Details.
Sleeve Setup: Allow Sleeve Changes to be Processed with a Pending Management Fee
On July 21st, logic for processing sleeves will be updated to allow sleeve changes when an account has a pending Management Fee.
Other pending transactions (ex. pending buy, pending sell, etc.) will still prevent sleeve changes from being processed, but you will be able to process sleeves with a pending Management to give you more flexibility.
Customize client communication! Better accommodate your client’s communication preferences at various levels and align the desired level of accessibility for different client groups.
Streamline client engagements! Use the new custom URLs and text fields to provide clients easy access to relevant resources and information, such as a calendar link, to create seamless communication and stronger client relationships.
Display additional representative information and improve team collaboration by customizing the title, email, and phone number of ‘Additional Reps’ to personalize service and communication.
Enhance your data visualization! Pie, donut, and bar charts give users more versatile visual tools when reviewing client data.
Different types of charts offer unique perspectives and highlight specific aspects of the portfolio, making it easy to interpret and analyze information.
How to Leverage:
Pie charts are excellent for illustrating the composition of a portfolio by displaying the percentage breakdown of various asset classes.
Donut charts provide additional information, such as comparing two different time periods or comparing the client's portfolio with a benchmark index.
Bar charts allow for easy comparisons and rankings. Quickly identify the best-performing and worst-performing sectors, allowing you to make informed decisions about rebalancing the portfolio, adjusting sector allocations, or discussing potential changes with the client.
How to get there:Orion Connect > Portfolio View > 3 dot menu > Settings > General > Chart Configuration > Chart Type
Report on and View Unassigned Groups of Accounts More Easily
Easily view Unassigned accounts within Orion Planning/Client Portal when Portfolio Groups are selected as the way accounts are displayed under Personal Finances.
Run a report on accounts that are unassigned to a specific Portfolio Group.
How to get there, view Unassigned accounts:Orion Connect > Orion Planning > Personal Finances > Select “Unassigned” (Under Investment when Portfolio Groups are turned on) How to get there, Portfolio Group setting:Orion Connect > Client Experience > Portfolio > Managed Account Grouping, Portfolio Groups
Provide Your Clients an Even More Tailored Protect, Live, Dream Experience
Clients can enjoy new advanced customization and personalization options, allowing them to strengthen the connection between the mental and emotional accounting of their assets and financial goals. The highlights of this enhancement include:
Ability to customize the number of buckets (between 2-4), and the names and descriptions of the buckets on the PLD results page. This empowers clients to organize their assets to best suit their financial goals and enhances their sense of ownership and understanding by using labels that align with their specific investment strategy or personal preferences.
Option to personalize the summary headline and supporting text on the results page. This creates a more meaningful and engaging experience by enabling clients to add context and descriptions that resonate with their unique financial situation.
Advanced drag-and-drop functionality that provides a seamless and interactive way for clients to manage and organize their portfolios.
Enhancements to the "Also Reverse Linked Transaction" Feature
Keep your accounts in balance by ensuring offsets are reversed when necessary, even when related transactions don't have the same date or trading expenses aren't the same amount. Example - Your reverse a Buy of a ticker. Checking this box also reverses the associated Sell if the trans link code is used.
Ensure accuracy by reversing the correct transaction sets from AIP Activity Type. Example - A capital call with a source of client direct is entered into AIP. If you reverse the Buy transaction in Portfolio Audit, checking this box also reverses the associated Client Contribution and Sell of Cash transactions.
Please Note: This feature is automatically enabled as default. to remove this feature, reach out to the SME Data Reconciliation team and request to disable the "recon_portfolioaudit_reverseoffets_218408" feature flag.
How to get there:Orion Connect > Portfolio Audit > Choose a Client, Registration, Account, or Asset > Navigate to Transaction Activity > Right-Click on a transaction > Status: Reversed > Check the box "Also Reverse Linked Transaction" > Save
Help Your Client Visualize Their Protect, Live, Dream Planning Goals With New Integrated PDF Sub-Report
Connect your client's emotions to tangible, personal goals by adding the new Protect, Live, Dream (PLD) sub-report to your custom reports.
This is a great option for clients not utilizing the client portal because it brings the same Orion Planning information into their report PDFs.
Simply drag and drop the “Orion Planning Protect, Live, Dream” sub-report into your custom report after you set up PLD in a client’s financial plan. No additional setup or configuration is needed.
How to get there: Orion Connect > Reporting > Create a New Custom Report > or Edit Existing > Open the Sub-Reports tab in the right sidebar (the icon with three horizontal lines) > Expand the Integrations section > Drag and Drop onto your report: Orion Planning, Protect, Live, Dream Knowledge Article: Protect, Live, Dream in Orion Planning
Set Aside Cash Custom Import is Now Available in Eclipse
Add set aside cash en masse to your accounts in no time! Easily download and complete the set-aside cash import template to validate and apply the data.
Need to undo an import? No worries, simply right-click and select Override Data.
How to get there:Orion Connect > Eclipse > Roles > Enable "Custom Imports" privilege under Data Import & "Administrator" or "Advisor" under Custom Imports > Refresh your page and see Custom Imports in the left-hand navigation menu Knowledge Article: How-To and Overview: Custom Imports in Orion Trading (Eclipse)
Easily Identify Portfolios that have Model Substitutions on the Portfolios Grid
Quickly view which portfolios have model substitutions assigned to them in the Portfolios grid for easy troubleshooting.
Use Case: A portfolio’s rebalance produces unexpected results compared to other rebalanced portfolios in the same model. Quickly view if the portfolio in question has a model substitution directly in the grid.
Tip: View portfolios that have substitutions at the model level.
How to get there: Orion Connect > Eclipse > Portfolios > All Portfolios > Columns > Has Substitute