TRX FAQ
Q: How do I know if TRX is the right solution for me?
A: If you answer “yes” to the following questions, TRX is THE ideal tool for you:
- Are you a Registered Investment Advisor?
- Do you use Schwab’s PortfolioCenter® software, or if not, would you consider implementing it in order to gain the advantage of using TRX?
- Do you manage clients’ investments based on Modern Portfolio Theory (asset allocation)?
- Do you primarily use mutual funds?
- Do you use consistent models (allocations and funds)?
- Do you rebalance periodically?
- Are you interested in...
- Tax loss harvesting?
- Tax aware investing?
- Location optimization?
Q: Will TRX work if I use multiple custodians?
A: Yes! TRX allows you to have different “preferred” funds depending on custodian. TRX will even work with your clients’ outside accounts –
like 401(k)s and annuities!
Q: I use models for asset allocation, but some of my clients hold positions that they owned before I started managing their portfolios. Will TRX work for situations like this?
A: Yes! TRX gives you the option to ignore unmanaged accounts or unmanaged positions (that is, TRX will not consider these when rebalancing). TRX also allows you to classify “legacy” positions within the allocations, giving you the choice of gradually selling out or keeping the holding.
Q: My firm has $100 million under management. Will TRX be appropriate for us?
A: Yes! TRX is affordable and simple to use – while offering all of the advanced strategies to benefit your clients and your practice!
Q: My firm has $300 million under management. Will TRX be appropriate for us?
A: Yes! TRX allows for simultaneous users and multiple levels of review. It provides quality control, consistency and efficiency to enable your firm to grow even more!
