Practice360° delivers your practice, right at your fingertips. Manage workflow from one powerful dashboard, run reports, streamline operations, and use insights to make data-driven decisions. Here's how.

Fine-Tune Your Service Model with Client Segmentation Groups

• Choose your criteria. Set up groups at the account, household, or people level that match specific criteria. By doing so, you can segment your clients, households, and accounts in ways that allow you to service them more efficiently.

  • Static groups, whether specific households, clients, or accounts (e.g., all clients who own Google), let you see the same list every time.

  • Smart (or dynamic) groups filter data and automatically apply your criteria (e.g., all "A" clients with account values above a certain threshold) every time you perform a function for any given group.

• Use your groups. Use your static and smart groups for everything from running reports and placing trades to performing mail merges.

Scale Investment Management with Rebalancing and Bulk Trading

• Build your own models. With Practice360° Models, you can create model portfolios from scratch, a template, a model, or an account’s holdings—and assign numerous households or accounts to each one. You'll also be able to establish drift tolerances (at the position level), lock positions, set up equivalencies, create blended models, and view cash buffers—all with ease.

• Point, click, rebalance. Streamline your investment management process, making time-consuming tasks (e.g., preparing and placing bulk trades) as easy as point-and-click. You can rebalance all the accounts assigned to a model across your entire book of business.

• Get straight-through processing. Integrated with Client360° Trading, Practice360° Trading tools enable straight-through processing of multiple trades across groups, models, households, and accounts.

Streamline Operations Across Your Business

• Track business and set alerts. Monitor everything we’re working on for you in real-time, 24/7, across more than 400 different types of work with our case workflow tool. Our alerting system lets you specify who in your office should be notified about certain time-sensitive tasks. You can feel confident knowing that the right people receive instant, advance notification of relevant events and changes in your practice and in client accounts.

• Run management reports. Global practice reporting capabilities give you the flexibility to create an almost infinite number of customizable management reports on everything from client revenues to asset allocation and performance. Run them across your entire client base or any subset.

• View business analytics. Compare your business with Commonwealth firms of a similar size (or the entire community) using intelligent analytics. Analyze data about asset allocation, holdings, the number and size of households, or even compensation to make more informed decisions about your business.

Have you ever wished for a holistic dashboard view of your client households? Look no further. With a single sign-on granting access across the entire platform, you can view everything you need all in one place.

Powerful “Not Just Portfolio” Reporting, Built In

• Choose what to show. A custom reporting engine gives you the power and flexibility to organize and share portfolio, performance, planning data, and asset allocation according to what matters to each client.

• Choose how to show it. Use default templates for quick and easy output of the report bundles you need. Or take advantage of nearly infinite customization capabilities, including custom benchmarks, to create reports that drive the most meaningful client conversations.

• View outside accounts. When using the account aggregator inside the client portal, reports show clients a single, aggregated view of all their assets (from 401(k)s to credit cards) regardless of where they’re held.

• Establish 1-Click Reviews®. Bundle any combination of predefined reports and customized templates to generate tailored client review packets, instantly saving you hours of prep time. It can even be customized to display your firm logo on the cover page.

Your Personalized Dashboard

• Build the view you want. You and your staff can customize your own dashboards. This gives you instant access to specific information and operations you need (e.g., CRM information, performance, and balances) to manage households, clients, and accounts. Your dashboard travels with you from desktop to tablet, with widgets that automatically arrange themselves to provide you with a layout optimized for each device.

• Take action. Work on an array of tasks—opening accounts, executing trades, moving money, rebalancing accounts, and logging notes—all without leaving the dashboard.

Plan, Model, Trade, and More

• Have better financial planning conversations. Client360° Planning lets you effortlessly show clients how they're progressing toward their goals, from retirement to education to other milestones, with account values updating automatically. Plus, WealthGuide® lets you organize financial discussions and decisions, showing clients all the work you do for them and the depth and breadth of services you provide.

• Create client-approved proposals. Manage existing relationships or impress prospective clients in minutes, not hours. Our proposal tool is integrated with Client360° Goals and Practice360°® Models for easier data entry and navigation.

• Streamline model management. With Client360° Models, easily assign and manage models for specific households, including the ability to set cash buffers, lock positions, and rebalance accounts. One click brings you to Practice360° Models, where you can take action at the practice-wide level.

• Trade with ease. Quickly and easily make trades for an account or group of accounts in Client360° Trading. Access intraday balances, holdings, and real-time quotes, as well as perform a range of actions, from locking a position to liquidating all holdings in an account, with just a few clicks.

• Go paperless. Upload all your documents with drag-and-drop ease and move to a truly paperless office. The web-based system meets SEC and FINRA guidelines and provides unlimited storage space. You can shred virtually all paper files, and exchange documents with clients and business relationships via a secure online client portal.

With Investor360° desktop and mobile apps, clients can access a comprehensive view of their assets, see statements and confirms, store important documents, manage paperless preferences, exchange secure messages with you, and take advantage of integration with Quicken, TurboTax, TaxAct, and H&R Block to simplify tax filing.

And, when you enable our account aggregation tool, clients can add outside accounts, such as 401(k)s and mortgages, for a truly all-inclusive view of their net worth.

COMMunity Link is your home base for all things practice related. Access your 360° suite, visit popular apps (like Morningstar and RightCapital), and launch financial calculators. You can even check your CRM calendar and get the latest news from Commonwealth.

Your COMMunity Link Business Dashboard

• See what’s important. With more than 40 widgets to choose from, you and your staff can build your own homepage dashboards. You might include a snapshot of your business, including production, a breakdown of assets, and custom business goals, while staff might like instant access to the forms they use most often.

• Get ahead of tasks. For example, run a week’s worth of review report bundles across multiple clients at once with the 1-Click Review widget. Our system intelligently “sees” which clients have an upcoming review in CRM and runs your custom reports with a single click.

Mobile Apps

• Take your business on the go. With an Apple and Android app for you and another for clients, you can stay connected to your business and your data even when you’re on the go. Confirm balance transfers, receive alerts, review your compensation, exchange texts or secure messages with clients, and more.

• Trade from your phone. The app’s trading menu gives you remote access to everything you need to place trades and view all your processed orders.

• Deposit checks remotely. Snap a picture of your client’s check, select the account you want it deposited to, and view the status of the deposit, all from your smartphone.