Orion Advisor Solutions

August 2020 Software Update: Full Release Notes

The August 2020 software update from Orion introduces enhancements across Prospect, Plan, Invest, and Achieve pillars, including new automated client engagement campaigns and Glia chat support in Market*r; reorganized personal information and business sale features in Orion Planning; consolidation and customization options in the Client Portal with MoneyGuide and Riskalyze integrations; and improved usability in Eclipse with an expandable tactical tools grid.

In a busy summer full of mergers, new portals, and reimagined homescreens, the team at Orion has built a number of new updates into the technology suite. These release notes are mapped to the four pillars of the advisor-client relationship: Prospect, Plan, Invest, Achieve.

Prospect

Market*r

New Campaign Topics

  • Client Engagement: Automated campaigns on popular client communication topics.
  • Retirement Seminar: Customizable PowerPoint presentations, pre and post-event communications, and other assets for workshops.

Glia Chat Support

Glia chat support is now enabled in the Market*r platform for quick connection to platform experts.

Plan

Orion Planning

  • Filing State & Filing Status Moved: Now found in the Personal Information tab instead of Taxes.
  • Trusts Moved: Trusts input moved to Personal Information Page for more efficient account addition.
  • Business Sale Enhancements: Show proceeds from sales over multiple years and net worth impact.
  • Tracking Activity When a Client Views a Document: Now tracks when a client opens a document in the User Activity Page.

Client Portal

  • The One Portal Project: Consolidation of two client portals into one for a comprehensive client experience.
  • Client Portal Redirect: Toggle to redirect clients from the legacy portal to the new portal using the same credentials.
  • Portfolio Groups in Client Portal: Clients can now view accounts organized by Portfolio Groups.
  • Ability to Choose Client Landing Page: Set the default landing page for clients at the client, firm, or advisor level.
  • MoneyGuide Integration: Integration for the new client portal, allowing clients to access MoneyGuide plan details.
  • Riskalyze Integration: Improved integration to pull in Riskalyze Models, client Risk Score, and Portfolio Recommendation Score.

Invest

Eclipse

  • New “Expand” Option in Tactical Tools Grid: Expand the tactical tools grid for easier editing.
  • Improved Team Model Imports: Import team assignments and use Team ID column in model import.
  • Remove Disabled Restricted Plan Trades: Ignore zero quantity restricted plan trades on the orders grid.
  • Allow Negative Cash in Tactical Rebalancer: Option to allow accounts to go negative or keep existing cash during rebalance.
  • Group Portfolios by Team in Zip Folder: Export trade analysis reports grouped by Primary Team Name.
  • Accrued Interest Value Added: Trade based on accrued interest in Eclipse.

Communities

  • Retrieve Billing Reports: Strategists can retrieve billing recon reports from the application.
  • New Communities Strategist: Fidelity Institutional: Fidelity Institutional strategies and SMAs are now available, including:
    • Fidelity Sector Equity Business Cycle (I) Model Portfolio
    • Fidelity Multi-Asset Business Cycle (I) Model Portfolio
    • Fidelity Bond Income (I) Model Portfolio
    • Fidelity Target Allocation 20/80 (I) Model Portfolio
    • Fidelity Target Allocation 40/60 (I) Model Portfolio
    • Fidelity Target Allocation 60/40 (I) Model Portfolio
    • Fidelity Target Allocation 70/30 (I) Model Portfolio
    • Fidelity Target Allocation 85/15 (I) Model Portfolio
    • Fidelity Advisor Women's Leadership SMA
    • Single Ticker - Fidelity Select Gold Portfolio (FSAGX)

Achieve

  • New Orion Connect Home Page Dashboard: Redesigned homepage available to all Orion firms on August 31st.

Billing and Composites

  • Create an “@” Tag for Related Households: Tag related households for billing aggregation.
  • Change Logic of Recurring Start Date: Recurring adjustments can now be prorated if the start date is during the billing cycle.

Recon and Dashboards

  • Turn Held-Away Assets Into Billable Assets with FeeX: Manage and trade held-away accounts as billable assets.

Integrations

  • Enhanced eMoney Data Export: Option to include new, unfunded accounts in eMoney exports.

Reporting

  • Allocation as a Data Source: Use allocation as a data source in report builder for more accurate visuals.

Compliance

  • Add Custom Licenses to a Profile: Add custom licenses to team profiles in the Inform Tool.