Best Practices

• 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 Security Level model name might be Conservative Equities - Accounts less than $100,000.