Full View Allocation Pie Chart Splitting Assets by Holding Period Instead of Type
Here’s a summary of the main issues and potential solutions discussed:
- Main Problem: The user is frustrated that Full View/emoney advisor automatically separates “short term” assets into their own category, making it difficult to view a holistic asset allocation that includes bonds and stocks.
- Potential Solutions Discussed:
- Allowing users to manually categorize asset classes to their preferred types (e.g., bonds, stocks).
- Implementing a toggle switch to group assets by either holding period or asset type.
- Adding a checkbox option to ignore holding periods when grouping asset classes in visual representations like pie charts.
Here’s the full thread
Is there a way to get Full View/emoney advisor to stop separating “short term” assets into their own bucket? It’s not useful for a bond fund and a stock fund I happen to have held for less than 12 months to be counted as “short term” instead of as bonds and stocks respectively when trying to get a holistic gestalt view of one’s asset allocation across all accounts.
I can see no way to manually correct this, either. If I could “teach” emoney advisor that I want a certain position to be considered a bond, stock, “other,” etc. like I can manually teach it to consider certain credit card transactions as certain spend categories that would be a decent workaround, but that doesn’t seem to be possible.
Thanks for stopping by, @berthius. We’re happy to provide insight into Full View to clarify things.
Generally, asset classes are automatically assigned in Full View, and clients cannot make adjustments to these allocations. However, we can certainly pass along your suggestion to allow customers to manually categorize asset classes to the appropriate team.
We appreciate your feedback, as it helps us understand what’s most important to our customers when using our tools.
Let us know if you think of anything else!
Thanks. Manually categorizing asset classes is one viable solution, but having a toggle switch between grouping them automatically as either “Holding Period” (i.e. short term vs long term) or “Asset Type” (i.e. stock, bond, commodity, cash equivalent, et al.) would be another. Both solutions could be implemented; they’re not mutually exclusive. Spitballing here…even a checkbox to “ignore holding period when grouping asset classes in pie chart” would be a step in the right direction.
We appreciate you following up with us with specific feedback, @berthius! I’ve passed along your comments to our development team on your behalf. 🟢
Hmm. Colour me cynical, but isn’t Fidelity’s development team a bit powerless to change this particular issue since Full View is just EmoneyAdvisor bolted on to Fidelity’s web interface? It seems to me that EmoneyAdvisor would need to implement the changes on their end and then push them to their implementation of their product for Fidelity.
Great question! So that you know, eMoney Advisor is owned by Fidelity Investments. Rest assured, your feedback is going to the teams that can implement changes.
If you have any further questions, please let us know. 🟢