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Allocation Model Name
When creating a new Allocation model, Allocation Model Name allows you to enter a unique name for the Allocation model. Use a name that's meaningful to you and others in your firm.
The following best practices will help you name allocation models:
Choose a consistent naming convention that works with your overall strategy and other model names.
Avoid extra words like model or company branding words in model names to make differentiating your various models easier.
Use defining model characteristics like these when naming a model:
Risk tolerance (aggressive, moderate, conservative, etc.)
Investment type (equity, fixed income, etc.)
Target percentages for investment types (80/20, 70/20/10, etc.)
Account size (less than $100,000, etc.)
A version number if multiple versions of a model exist
An example model name might be Aggressive 80/20 Equities - $1 Million +. This shows the risk tolerance, strategy, investment type, and account size of this model at a glance.
For more information on creating an Allocation model, see Create, Edit, and Delete Allocation Models.
For more information on basic model concepts, see Learn More About Models.