The FT Allocation software was designed to function as a robust, complementary tool to help advisors analyze portfolios and make decisions more quickly.

Below is a list of the current functionality of the FT Allocation software:

Analyze client households, including:

• Number of accounts
• Type of accounts
• Value of accounts
• Household portfolio targets
• Household portfolio values

Analyze client accounts, including:

• Type of accounts
• Balance of accounts
• Tax status of accounts
• Portfolio allocation within an account

Analyze client securities, including:

• Name and ticker of security
• Expense ratio (if applicable)
• Yield (if applicable)
• Value of security within an account
• Asset class of security

Trade client securities, including:

• Buying securities (in shares or dollars)
• Selling securities (in shares or dollars)
• Selling and replacing securities (in shares, dollars, or percentages)

And while this is the current functionality of the FT Allocation software, we are currently building out additional functionality that includes the ability to place lot-specific trades, harvest losses, and trade directly through a custodian from within the platform.

If there is additional functionality you would like to see, please submit a feature request here.

The short answer is yes.

The long answer is also yes, but instead of placing trades directly, you can export a pre-formatted Excel sheet that contains all of the trades you have made on FinTurk. Each custodian has a spot where you can upload your trades, and the FT Allocation software exports these files in a format designed exactly for the custodian. All you have to do is upload the file, validate the trades, and submit them through the custodian website.

Direct trading through FT Allocation is a feature that is currently in development