Projecting readiness…
SMA-2048 · Private Client Portfolio Operations (synthetic)
A refreshed custodian file arrives and the holdings difference is resolved by naming an authoritative record with a reason. Position-dependent controls now evaluate and the work queue reorders itself.
The proposed Cedar Point Energy buy still conflicts with a verified client restriction.
Blocking
A hard stop or rebalance blocker that has not passed. Everything else can proceed in parallel.
Proposed buy of CDRP (Cedar Point Energy Corp), 3,464 shares / $220,830, conflicts with RSTR-001: "Exclude Cedar Point Energy Corp from all sleeves of this account." (effective 2025-11-01, source Client IPS v4 (synthetic), section 6.2, exclusion schedule).
Permitted resolution paths
Compare model deviation, cash, concentration, and projected tax impact before and after, then obtain a portfolio-manager approval with a recorded reason.
Route the restriction to the client partner with the exact instruction, source, and effective date. The rebalance stays blocked until the change is approved.
1 selected lot has no usable unit cost: PLMS LOT-PLMS-3.
Permitted resolution paths
Ask the tax-lot ledger owner for a snapshot containing the missing basis, ingest it, then re-select lots and recompute the projected tax impact.
Choose replacement lots that carry confirmed basis and recompute the projected realized result.
Awaiting a named human
These do not block the work, but the rebalance cannot be released until an eligible role records a reasoned decision.
MRDN: a recorded purchase (TXN-101) is 21 days from the proposed trade date against a -$2,793 realized loss.
Permitted resolution paths
Inspect the matching synthetic transaction, the source coverage boundary, and the timing, then record a reasoned review decision.
Outstanding: Authorized release of the handoff package.
Permitted resolution paths
Review the release package and record the approval with a reason. The approval binds to this exact projection.
Not evaluated
These controls are withheld rather than passed. Each names the dependency it is waiting on.
Non-blocking
Visible, deliberate, and preserved through release. A warning is not cleared by approving the handoff.
TLGR: 1 share difference ($58) is inside tolerance and is carried on the record rather than cleared.
Permitted resolution paths
Compare the custodian and internal lines side by side, choose an explicitly authorized correction path, and record the reason. The difference stays on the timeline after resolution.