Total Rebalance Expert Training Resources
These training materials and troubleshooting resources will help you gain confidence using TRX to monitor, manage, and rebalance client portfolios. Check out these videos and additional resources alongside your live meetings with a Customer Success Onboarding Specialist or revisit this page at any time for a quick refresher. We recommend you explore the resources from top-to-bottom, left-to-right.
Foundations
What is TRX?
Learn about the key purpose of Total Rebalance Expert, including key workflows and benefits to financial advisors. Learn how to apply the rebalancing logic to bring any out-of-balance clients back into alignment with their model.
Rebalancing with Asset Subclass Models
Review the powerful benefits of constructing model portfolios using asset subclasses.
Client vs. Account Level Rebalancing
Consider the strategic differences between rebalancing at the client or account level, and set up TRX accordingly.
Models and Buy Sets
Navigating TRX
Recognize where key information is easily accessible within TRX through this detailed tour.
TRX Quick Start Guide
Follow along with this helpful guide to log into TRX and configure the interface for your convenience.
Creating Classifications
Create custom classifications for your firm, using either security- or subclass-based classifications.
Create a Model
Learn how to create a model shell and add subclasses to a model and more.
Target vs. Tolerance
Review the key differences between target and tolerance when constructing a model.
Managing Fixed Income
Create a new fixed income subclass, assign holdings, and create a proxy security to use in buy sets.
Create and Manage Buy Sets
Instruct TRX on what security to buy more of when a subclass is underweight or money is available to invest.
Assign Models to Clients
Learn how to assign models to your clients, either individually or in bulk, as well as the account level.
Model Marketplace
Recognize the benefits of the Model Marketplace, including differences for security-level vs. asset subclass rebalancing.
TRX Key Terms and Definitions
Refer to this glossary for information on several of the most common terms used across TRX.
Rebalance Workflow
Complete the Rebalance Workflow
Learn how to apply the rebalancing logic to bring any out-of-balance clients back into alignment with their model.
Key Screens in the Workflows
Refer to this resource for key information and actions on key rebalancing screens.
Tactical Trader
Learn how to use this trade generating tool to create mass trades of a specific security across many accounts at once.
Schwab OpenView Gateway Set-up Instructions
Follow these instructions to send generated trade files to Schwab Advisor Center automatically.
Settings
Securities Settings
Review the most commonly used settings that affect an individual security.
Client Settings
Review the most commonly used settings for customizing rebalancing preferences at the client level
Account Settings
Review the most commonly used settings that take effect at the account level.
Global Settings
Review the most commonly used settings for applying preferences globally, across clients, accounts, and securities.
Enterprise Settings
Review the most commonly used settings that affect every user within your firm, such as user permissions, custodians, and more.
Advanced Features
Learn about location optimization, classifications, data maintenance, CGDA, fast transactions, history, and reporting.
TRX Settings Guide
Refer to this detailed guide on where to locate various settings and how to configure them.
TRX User Guide
Refer to this detailed guide for additional information spanning the entirety of TRX.
Troubleshooting
Data Error Codes
Refer to this resource to better understand potential data error codes you may encounter, and how to address them.
Trade Constraints Error
Refer to this resource to better understand potential trade constraint errors and how to address them.
TRX Frequently Asked Questions (FAQ)
Consult this guide for answers to some of the most common questions about TRX we hear from new users.
Troubleshooting Tips for TRX
Consider a series of key diagnostic troubleshooting questions that may help you resolve an issue with your rebalance.
Additional Resources
Householding in TRX
Rebalancing at the account level requires manual account splitting. This video addresses how to split and merge accounts.
TaxIDs in TRX
Advisors have a responsibility to ensure all accounts in a household share a unique TaxID to allow for wash sale monitoring.