Advisor360 - Household Merge

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As part of the data cleanup process, user may have to merge households due to marriages, people moving in together, or duplicate households created.

  1. Determine which households need to be cleaned up.  (Ex. Duplicate households or separate household records that should be merged together, like husband and wife?)
  2. Identify primary or desired household that will retain all the data. (Ex. The one with more data stays so there is less moving from the other household.)
  3. Are all the accounts and insurance policies listed within the desired household?  Reports or searches can be run to look for missing accounts or policies, then link back into the correct households.
    • Practice360 Accounts Tab and Insurance Tab – click Household header to sort for unhouseholded contracts
    • To add or link a contract – Client360 Administration Profile Tab – under Household account click on +Add Accounts, select Accounts (securities related) or Policies (Insurance) and search with last name or contract number to add.
  4. Manually added policy cannot be moved and need to be re-entered on the desired household under Insurance tab.
  5. Look for stored documents under the eliminating household within Client360 Documents tab and may move them directly to the other household (by clicking the 3 dots next to document, select Move to a Different Household) or re-upload from local copy.
  6. Moving a Person record to another Household:  Contacts People Tab – Click on the person’s name, upper right hand corner click on 3 dots and Move to Another Household.
  7. Merging entire Contacts from one Household to another:  Contacts Overview Tab in the desired household, click on 3 dots located on upper right and select Merge Households.  This will move People, Activities, Connections and Addresses data from the other household into this household.  You may also remove or merge any duplicate People records.
  8. Planning Tab data needs to be re-entered manually in the desired household.
  9. Any groups created needs to be re-created in the desired household. (Administration Overview Tab)
  10. Household and statement name can be updated (Ex. Include both husband’s and wife’s names.) in Administration Profile Tab – click Edit next to Household Details.
  11. Investor360 login ID from the eliminating household needs to be deleted before being re-established in the desired household.  (Administration Investor360 Tab)
  12. Quarterly statement setting and Benchmarks groups need to be re-created in the desired household. (Administration Benchmarks or Quarterly Statements Tab)
  13. Review the desired household and make sure all data issues have been resolved, look for any client data that is still missing.
  14. Go back to original household and check each tab to ensure all account, policy, contact info, document, Investor360 ID have been moved or recreated in the desired HH.  Then delete household in Administration Profile Tab – click on Edit next to Household Details and hit delete.

 

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Details

Details

Article ID: 21607
Created
Mon 10/7/24 5:14 PM
Modified
Mon 10/7/24 5:14 PM