Import from Fidelity

Note: If you have already downloaded your Fidelity files and initialized positions, go to Step 3.

STEP 1: DOWNLOAD FILES FROM FIDELITY ADVISOR CHANNEL

Download data from Fidelity Advisor Channel by choosing Interface, then Profiler, then Daily Download. Select either Centerpiece, dbCams or TechFi (Centerpiece is preferred) as the data format. (The Morningstar format includes only current positions.)

 

STEP 2: INITIALIZE POSITIONS

What is initializing of positions? Since you cannot export your client’s entire transaction history which can span several years, you need a starting point. When you initialize, we look at the earliest available position file, find out the balances in all the holdings and enter a BUY transaction of that balance on the date of the position file.

  1. Open Morningstar Office. On the top menu bar, click Import. The Import area opens in separate window.

  2. In the Interface Name column, check the box to the left of Fidelity Advisor Channel - transactions. On the Action Shortcuts tool bar, click Initialize Positions. The Fidelity Advisor Channel - transactions Initialize dialog opens.

  3. In the File Name box, click the magnifying glass icon to locate and select the folder on your computer where you have saved all the exported files.

  4. Click Get earliest date.

  5. Click Initialize. The Import blotters open.

  6. In the left column, click the blotter types to review the information.

  7. Click Post To Account. The information posts and clients and transactions are created. You have now initialized your positions and you will not have to repeat this step with Ameritrade imports.

STEP 3: IMPORT

Here are the steps for the regular Fidelity Advisor Channel - transactions import.

  1. Open Morningstar Office. On the top menu bar, click Import. The Import area opens in separate window.

  2. In the Interface Name column, double-click Fidelity Advisor Channel - transactions. The Fidelity Advisor Channel - transactions dialog box opens.

  3. In the File Name box, click the magnifying glass icon to locate and select the folder on your computer where you have saved all the exported files.

  4. In the Start Date box, enter the date after the initialize date (this date should appear as the default option). For example, if you initialized on 6/12/2006, enter 6/13/2006.

  5. In the End Date box, enter any date. For example, if you want to bring in a week’s worth of data at a time, enter a date a week after the start date.

  6. Once you enter the End Date, the import dialog will display which files are available for import within the specified date range.

  7. Click OK. The Import blotters appear and you can review the data.

  8. Click on Reconcile if you would like to check to make sure your positions and transactions match up with the custodian data.

  9. Click Post to Accounts.

Note: Do not duplicate the dates. For example, if you selected an end date of 7/13/2006, the next import should start on 7/14/2006. If you re-use the same date, you will get duplicate transactions in your accounts.