Updating Private Wealth Indicator for a Group of Connections

Authorized operators can select groups of repsA rep is perhaps the most important contact connection in the intermediary business hierarchy. Each rep is an individual who sells funds and is affiliated with an office (and through the office, with a broker/dealer firm). Reps may also be referred to as "financial advisors." Possibly the most critical information you can track for reps are aliases, also known as trading IDs. Aliases are the IDs that associate transactions and assets with each rep. If you need to write queries or reports: The primary data for reps is stored in the Contact and Rep Profile tables. The Rep Alias table stores trading IDs associated with reps., partnershipsA partnership is a contact connection in the intermediary business hierarchy, though it is really a name for a group of reps working together to sell one or more products. A partnership, sometimes called a rep partnership, is treated as a special type of rep: this means that most of the tools for working with reps may be used to work with partnerships as well. Most views of transactions associated with an individual rep generally don't include transactions or parts of transactions that the rep may have cleared as part of a partnership. Instead, these kinds of trades are listed only for the rep partnership. Each member's portion of rep partnership sales data is always based on the percentages currently assigned to each member; no long-term historical information about percentages is maintained. SalesConnect does not store any calculated trade or asset values based on rep partnerships. If you need to write queries or reports: The primary data for partnerships is stored in the Contact, Rep Partnership, and Rep Profile tables. The Rep Alias table stores trading IDs associated with partnerships as well as reps., or teamsA team is a contact connection, though it is really a group of individuals working together to achieve a common sales goal; a team may include reps and rep partnerships from the office with which the team is associated, but it can also office contacts and non-producing reps who support team sales efforts., and then update the Private Wealth Indicator value for them as a batch process. (All selected connectionsConnections are entities; they're the different types of companies and individuals you may need to track. SalesConnect is set up to display information about the types of connections you care about, based on the roles to which you are assigned. will get the same value.) The Private Wealth Indicator indicates that a rep, partnership or team is a private wealth advisorPrivate wealth advisors deal with ultra-high net worth investors, so they deal with a very different set of funds and investors than the average rep does. The Private Wealth Indicator in SalesConnect provides an easy way to identify private wealth advisors..

1. Search for the reps, partnerships, or teams you want. See Searching for Connections for steps.
2. In the table listing connections, if you want to limit those included, select checkboxes for those you want. If you want to include all listed connections, don't select any checkboxes.
3. Select Edit Private Wealth Indicator in the Select a Group Operation dropdown list above the table.
4. Use the Edit Private Wealth Indicator page to select the value you want to set.
5. Select Save. A message confirms your request; you'll be alerted when the value for the group has been updated.