Setting up portfolios and sub-portfolios

[reddragon]

Just purchased software been through alot of tutorials during my sample period and actually set up two seporate subportfolios. These sub-portfolios however are not set up correctly for an advisor. In one of your tuturials you had a master Portfolio for the advisor Example, LamongeCapitalmanagement, then you had client subportfolios under and you can break it down further into subs if client has multiple accts. How do you create this master portfolio Lamonge Capital management and move the current client subportfolios under this master portfolio?

[Mark]

Hi reddragon,

You would do all of this in the Portfolio Editor window. In this window you can rename, move, copy, etc any sub-portfolio. So, if you want to rename your top-most "Master Portfolio" to "My Business Name", right mouse click on Master Portfolio and choose "Properties...". You can now change the name to whatever you want. To add client sub-portfolios beneath this, right mouse click on that sub-portfolio, and choose "New Sub-Portfolio...". You can create a sub-portfolio with any name you want. If you want to place some accounts in this just created sub-portfolio, drag/drop them. You drag from the right side, onto the parent of where you want it to be located on the left.

You may want to watch the "Portfolio Editor" tutorial, and/or read the online help on this window. It works a lot like Windows Explorer works in Windows for managing your folders.

[reddragon]

What do you mean by top most master portfolio. The only portfolios I had downloaded was two with .mm4 behind them. When I go file/open portfolio I get the open portfolio filename and bar. but when i go to View/Portfolio Editor it does not give me an option for the portfolio editor???

[Mark]

Hi reddragon,

In general you only want to use a single portfolio file (*.mm4). In a single portfolio file you can have as many sub-portfolios as you want, with as much hierarchy as you need. If you don't see a "View / Portfolio Editor" menu command, then this means you are probably already in the Portfolio Editor window. If you have your 2 accounts in 2 different portfolio files now, you can combine them by using copy/paste. Open up the first portfolio file, select your sub-portfolio, and do an "Edit / Copy". Open up the second portfolio file, or a new one, and do an "Edit / Paste". In general, you'd want your sub-portfolios organized something like this:

Code: Select all

- Master Portfolio
  - Account 1
  - Account 2

[reddragon]

Ok that makes sense, Thx