Create a Portfolio Configuration

Prerequisites

 ✓   Create a portfolio account
Details

Before you can start configuring portfolios for your users, you must create portfolio accounts for them.


Overview

To set up a portfolio configuration for an account, you need to specify the portfolio allocation in which the user wants to invest. Specifying the portfolio allocation for an account means that the money in that account will be invested and managed according to the defined allocation. In this sense, the portfolio configuration defines the target state of the user's investment in this account.

INFO

Note that you can only configure portfolio investments for accounts of the type PORTFOLIO. Furthermore, one portfolio allocation can be used for many portfolio configurations, while one configuration can only have one allocation at a time.


   Configure a portfolio for a user

To configure a portfolio for a user, send the following request:

POST /portfolios/configurations

Example request

{
"account_id": "eb5ba93f-5dfe-4bf1-8571-4dadcaacc80c",
"allocation_id": "24c230eb-5d4f-4462-9af8-6612e7bd3afg"
}

This sample request configures a portfolio investment for an account. Essentially, the portfolio configuration establishes a link between the account and the allocation. The response returns the account_id for which the portfolio was configured, since the account represents the entity through which a user's portfolio investment is managed. You can use this ID to manage a user's portfolio configuration at a later time.

COMING SOON

We will soon provide you with the 'Setting up automated rebalancing' guide that shows how to additionally apply rebalancing strategies to a user's portfolio configuration.



Next steps