Specify product for fee portfolios

On a custodian, the product can be selected to be used when the system create fee portfolios on brokerages, the fee control account and fee portfolio on the financial services provider for the relevant custodian.

Go to the Custodian Card and view details

This setting will only have an effect on new fee portfolios created by the system after the product has been set on the custodian and fee portfolios created before the product has been set will remain in the product as originally setup.

If no product has been selected on the custodian, the product for the fee portfolios will be chosen automatically by the system from the custodian; it is either the first asset holder custodian product, or if that list is empty then the first owner custodian product.

Last Updated on 1 year ago by Debra Hart