Moving Trades

Moving a trade changes its assignment from one repA 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. or partnershipA 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. to another. This may also move the trade to another officeAn office is a connection in the intermediary business hierarchy, an organization subordinate to a broker/dealer firm. Offices are also sometimes referred to as "branches'; institutional firms have branches in SalesConnect. An office is affiliated with a single broker/dealer firm, and may have one or more reps directly affiliated with it. An office may have associated office contacts, as well. Possibly the most critical information you can track for offices are aliases, also known as trading IDs. Aliases are the IDs that associate transactions with each office. If you need to write queries or reports: The primary data for offices is stored in the Office table. Information about office trading IDs is stored in the Office Alias table. and firmA broker/dealer firm (or broker dealer or broker-dealer) is a connection associated with intermediary business, typically a top-level organization in this hierarchy. Broker/dealer firms are also sometimes referred to as just "firms" or "brokers" or "dealers" or "financial institutions." Each broker/dealer firm may have one or more offices affiliated with it, and through these offices, reps may also be affiliated with it. A broker/dealer firm may have associated firm contacts, as well. Possibly the most critical information you can track for broker/dealer firms are aliases, also known as trading IDs. Aliases are the IDs that associate transactions with each broker/dealer firm. If you need to write queries or reports: The primary data for broker/dealer firms is stored in the Firm table. The Firm Alias table stores trading IDs associated with broker/dealer firms..

Moving a Single Trade

On the Trade Detail page for a trade that you want to move, select Move. The Move Trades page is shown.

You can display a Trade Detail by selecting a link for a trade on the Trades tab of many detail pages in SalesConnect or by selecting a link for a trade in trade search or queryA query is a special type of saved search for connections or other data in SalesConnect, created with a SalesConnect query tool rather than a standard search page. When you create a query, you select query criteria based on familiar field names from the interface; the criteria you specify are transformed behind the scenes into the appropriate SQL statements. results. See Searching for Trades for help with that task.
In the Destination section, select the rep or partnership to whom the trade should be moved.
1. Select for the Rep field.
2. In the Rep AliasAn alias is a trading ID for a intermediary connection (broker/dealer firm, office and/or rep or rep partnership). An office alias must be associated with a single, specific firm-level trading ID. A rep alias must be associated with a single, specific firm trading ID and a single, specific office trading ID. Each tracked trade is linked to a single specific set of aliases; most trades will be associated with a firm, office and rep alias, but some may be associated only with a firm and/or office alias, if the trades were not resolved to the rep level. If you need to write queries or reports: The primary data for aliases is stored in the Firm Alias, Office Alias, and Rep Alias tables. Drill popup, enter search criteriaIn a query, a criterion is a single point of comparison. For instance, one criterion in a query might be reps in the state of Michigan. Query and search criteria are based on properties in the primary SalesConnect objects associated with the type of connection or other record which the query or search finds., and then select Search.
3. Select for the connectionConnections 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. and alias you want. Details for the selected connection and alias are shown in the Destination section of the Move Trades page.
If appropriate, select Reassign Trading Aliases in the Options section. If checked, the alias now on the trade to be moved will be reassigned to the rep to whom the trade is being moved, when this change is completed. If not checked, the alias will remain assigned to its current rep or partnership.

To maintain an accurate alias history, any alias that is reassigned is first deleted from the rep or partnership to which it's currently assigned. Then it's added as a new alias for the rep or partnership to which the trade is being moved.
Select a Territory Reassignment Option option; this determines which rep or partnership territory assignmentsOnce a set of territories within a particular territory category version has been made current in SalesConnect, those territories will be assigned to appropriate connections (offices, reps, rep partnerships, teams, and even plan sponsors, if appropriate). Territory assignments are based on the criteria in the territory category definitions, on firm applicability, and on whether an entity is locked or not. In SalesConnect, territory locks always override systematic territory assignments. Firm associations can be set at the territory definition level; separately, territory categories can be set to be applicable to particular firms. These settings are very different from each other, but both firm associations and territory category applicability affect territory assignments for entities. will be used to set the territoryIn a territory category, you can define as many named territories as you need to identify sales responsibilities. Territories are often divided geographically, and can include whole countries, states or provinces, or even ZIP/postal code ranges. Other criteria can be included for each territory, such as firm association or channel/subchannel definitions. If needed, you can filter offices, reps, partnerships, and teams to which a territory will apply by their firm association alone. Each territory can have one or more operators assigned to it; after territory assignments are set, permissions can be set to control the level of access each operator has to data (such as viewing or editing), based on his or her territory assignments. assignments for the trade being moved.
Select Move. The trade is listed as business associated with the alias for the rep or partnership to which it was moved, as well as for the office and firm with which that rep or partnership is associated. Based on your choices, the trade's territory assignments may also have been changed, and the original alias associated with the trade may have been reassigned.

Moving Several Trades

You can move several trades for a single rep or partnership or as a result of a search.

In a table listing trades (such as search results or a tab on a detail page), select the trade or trades which you want to move:
- If you want to limit those included, select checkboxes for those you want.
- If you want to include all listed trades, don't select any checkboxes.
Select Trade Reassign from the Select a Group Operation dropdown list above the table.
On the displayed Move Trades page, confirm the trades listed in the Trades to Move table. If these are not the correct trades, select a different group.
In the Destination section, select the rep or partnership to whom the trades should be moved.
1. Select for the Rep field.
2. In the Rep Alias Drill popup, enter search criteria, and then select Search.
3. Select for the connection and alias you want. Details for the selected connection and alias are shown in the Destination section of the Move Trades page.
If appropriate, select Reassign Trading Aliases in the Options section. If checked, the aliases now on the trades to be moved will be reassigned to the rep to whom the trades are being moved, when this change is completed. If not checked, these aliases will remain assigned to their current rep or partnership.

To maintain an accurate alias history, any alias that is reassigned is first deleted from the rep or partnership to which it's currently assigned. Then it's added as a new alias for the rep or partnership to which trades are being moved.
Select a Territory Reassignment Option option; this determines which rep or partnership territory assignments will be used to set the territory assignments for the trades being moved.
Select Move. A message confirms your request; when the operation is complete, you'll be alerted. Once the operation completes, the moved trades are now listed as business associated with the selected alias for the rep or partnership to which they were moved, as well as for the office and firm with which that rep or partnership is associated. Based on your choices, the trades' territory assignments may also have been changed, and the original aliases associated with the trades may have been reassigned.