Best Practices

1. Set a reasonable cooldown: this prevents excessive trading when markets are volatile. Thirty-one days is a common starting point.
2. Combine drift and calendar triggers carefully: any single met condition triggers a rebalance. Use thresholds that match your product's trading philosophy.
3. Monitor portfolios that need adjustments: act quickly when securities in your models become ineligible.
4. Add a small cash buffer: It's best to keep a small cash buffer in your portfolios to absorb market movements during rebalances. Twenty-five bps is a good starting point.
5. Handle COMPLETED_ADJUSTED rebalance runs: partial rebalances can happen. Review failed orders and skipped orders on each run and decide whether to continue, retry, or notify the customer.
6. Unsubscribe before portfolio changes at scale: if retiring a model, unsubscribe accounts first, then archive the portfolio.
7. Validate before subscribing: check for open orders and crypto positions in your onboarding flow to avoid API errors.

FAQ

Can one account subscribe to multiple portfolios?
The rebalancer supports exactly one account subscribed to one portfolio at a time. However, you can offer multiple portfolios by using sub-accounts.

How often can an account rebalance?
At most one run per trading day from automatic evaluation, plus any manual runs you trigger. Full rebalances are also limited by the portfolio's cooldown days.

What happens if I deposit cash between rebalances?
If invest cash is enabled and conditions are met, excess cash may be invested automatically. Otherwise, cash stays until a full rebalance is triggered.

Do rebalances trade during extended hours?
No, runs execute from 11:30 ET to 15:30 ET.

What happens on market early close days?
The runner execution window will be from 11:30 ET to 12:45 ET.

How long does it take for a deposit to be invested?
Invest cash runs are queued by the evaluator. This means that if an investor deposits funds at 14:00 ET; the funds might not be invested until the next trading day.

How can I withdraw funds from a managed account?

1. Unsubscribe the account from the their portfolio.
2. Execute a manual run with revised weights that frees up the desired amount of cash.
3. After the trade settles withdraw the funds.
4. Resubscribe the account to the portfolio.

What assets can I include?
Tradable, fractionable US equities. Crypto and fixed income are not supported.

Can I rebalance an account that is not subscribed to a portfolio?
Yes, you can create a manual rebalance for a one-off rebalance with weights entered at the time of the API call.

Any symbols or examples shown are for demonstration purposes only and do not constitute investment advice or a recommendation to buy or sell any security.