Before you start
Use allocation review when you want to understand what your portfolio is made of. Allocation is useful only when the underlying records are correctly classified and valued. Start with the visible balance sheet, then use the Assets cockpit tab and Largest positions to connect percentages to real holdings.
Detailed steps
Start with visible assets and privacy status
Open Net Worth and check Assets plus the Held Away banner. Allocation percentages come from visible values. If private assets are excluded, allocation may understate crypto, metals, collectibles or other protected holdings.
Open the Assets cockpit tab
Use the Assets tab to see category weights and amounts. Read both the percentage and the value. A category can look small as a percentage but still be material in absolute money, especially in large portfolios.
Compare largest allocation with your real constraint
Use the overview readout to identify the largest allocation. Decide whether that concentration is intentional, acceptable or something to review. Capitelist shows the structure; you decide whether it fits your goals, risk tolerance and liquidity needs.
Open Largest positions to find the records behind the percentage
Percentages can hide the exact cause. Use Largest positions to see whether one property, one ETF, one fund or one private holding creates the category concentration. Open the record when value, ownership or classification needs confirmation.
Use Capital Review when allocation creates work
Open Capital Review when concentration, stale value, liquidity or currency exposure needs action. Use the review detail to read why the item triggered, which assets are affected and what the next step should be.
Field guide
The category used to group holdings, such as real estate, public markets or cash.
Fix classification before trusting percentages.Share of visible asset value in one class.
Read it with absolute value, not alone.The category with the highest weight.
Review whether it is intentional and supportable.Current value counted for each record.
Update stale or unsupported values before relying on allocation.Protected values that may be excluded.
Decide whether the review should include or exclude private assets.Records not yet assigned to a meaningful type.
Classify them before treating allocation as reliable.Decision queue for concentrations and data gaps.
Open it when allocation points to a real follow-up.Decision rules
What it adds
- Turns a list of holdings into a portfolio structure view.
- Highlights concentration risk before it becomes a planning assumption.
What it does not do
- Allocation is only as accurate as asset classification and current values.
- It does not decide whether a concentration is appropriate.
Common mistakes
What to check
- Resolve unclassified assets before trusting percentages.
- Review ownership percentage on large private or real assets.
Treating allocation as complete while Held Away is excluded.
Ignoring unclassified assets.
Assuming the largest category is automatically bad.
Changing category labels to make percentages look better.
Reviewing percentages without opening the largest positions.
Using old real estate or private investment values in allocation review.
Comparing allocation across portfolios with different scopes.
After you save
- Open the largest records and confirm value, currency, ownership and category.
- Resolve unclassified assets before presenting allocation to someone else.
- Open Capital Review when concentration needs follow-up.
- Open Investment Plan only when you have a real budget or allocation decision to test.
- Document why a concentration is intentional when it should remain.
- Repeat the review after major market, property, private valuation or import changes.