Feature Summary

*This feed supports history on initial activation. The adviser can also request history by using Netwealth's Wealth Exchange platform. 

Configuration Process

Navigate to Fund Level > Feeds > Feeds Console > + New > New Broker/Platform Feed

1. Enter the account information as per the statement:
   
   

   Field Name	Field Description	Example
   Account number	It is the Netwealth Investments account number. Format: 6 digits starting with "WRAP" - Please make sure to use the account number and not the client number mentioned in the Netwealth report.	Account Number: WRAP012345
   Product	Set to "Netwealth Investments"	Netwealth Investments

2. Ensure that you link existing holding accounts relating to this account under the Holding Accounts section by ticking each checkbox.

If all accounts are not linked, the system will create duplicate accounts for each existing holding that was not linked. The resulting duplication can be challenging to correct.

Transactions and Income related to holdings held within an SMA are included in the Netwealth data feed to Class. Netwealth allows flexibility in the selection of parcels to be sold even if held within an SMA. Class does not create separate holdings for each SMA and instead consolidates holdings within the same security to ensure the same level of flexibility can be applied when selecting how the parcels are to be sold.

Authority Process

Authority forms are no longer used as of 31/8/2024. Please follow the below process to activate the feed.

1. Email the adviser with the following template:
   

   Can you please set up the following accounts for the Class data feed:
   
   

   Account Name	Account Number / HIN
   ....................	...............................

   Please enable the feed by logging into Netwealth's Wealth Exchange platform.

   If the adviser is unsure of how to use Wealth Exchange they can review the embedded video on the website which provides a complete visual guide.

2. Get the adviser code from the adviser then setup and link the adviser to this feed.

   If the adviser code has not been entered, refer to How to enter Adviser Authorities in Class to add the adviser code.

3. Change the status of the feed to "Waiting on Provider".

Notes:
- Once the feed is enabled by the provider and you have configured and linked the adviser in Class you can expect the feed to activate within 10 business days.
- If the account has not made any trades or transactions the newly activated feed will not appear as active in your Class entity. You can cross-check against a Netwealth portfolio valuation report.
- Netwealth Investments supports Linked Transaction ID to assist with automatching.