The Compliance WealthAlerts Overview displays all the categories of WealthAlerts that are enabled for your firm and provides functionality to turn alerts on or off for your Advisors. 

Navigation

• A Firm Manager with the Compliance tab enabled
  • Click the Compliance tab → then click the WealthAlerts button in the submenu

Types of WealthAlerts

• An Aggregation Issue Alert is generated when the held-away accounts (401k, bank accounts, etc.) added by their clients on CircleBlack Investor need their clients' attention.

• A Drift Alert is generated when an account's security allocations are outside the threshold of the model's security allocations. Each advisor has a drift threshold they can customize. 

• A Large Contribution/Withdrawal Alert is triggered when contribution or withdrawal transactions above a specified threshold are identified across all accounts in an Advisor's book of business.

• A Risk Too High/Low (Nitrogen) Alert is generated when a Household's Target Risk Number is outside the "Risk Threshold Range" of the Household's Actual Risk Number. The Risk threshold is +/- 10. The minimum threshold value that can be entered is 1 and the maximum threshold value that can be entered is 100.

• A Risk Too High/Low (Totum) Alert is generated when a Household's Target Risk Score is outside the "Risk Threshold Range" of the Household's Actual Risk Score. The Risk threshold is +/- 10. The minimum threshold value that can be entered is 1 and the maximum threshold value that can be entered is 100.