Hollis Bright Family SMA

SMA-2790 · Private Client Portfolio Operations (synthetic)

Blocked

1
Blocking: 1
Awaiting authorization: 0
Warnings carried

Strategy: US Large-Cap Direct Index
Mandate: v1.0
Model: 2026.03.1
Rebalance window: Mar 18, 2026 – Mar 20, 2026
Market value: $3,120,000
Projection: pv-1e541bf71f27

Supporting case. The custodian position file is beyond its freshness window; position-dependent controls are withheld. It is evaluated by the same engine as the flagship account, at one fixed point in time rather than as a stepped scenario.

Blocking

1 control blocks this rebalance

A hard stop or rebalance blocker that has not passed. Everything else can proceed in parallel.

DATA-FRESH-001FailRebalance blocker
Material source freshness
Due Mar 16, 2026, 18:00 UTC
Custodian position file (synthetic) is 2.8 d old against an illustrative 18-hour window, as of Mar 13, 2026, 18:00 UTC.
Owner
Data Steward
Client impact
No client impact yet. If the source is not refreshed before the window, the account misses this rebalance cycle.
Permitted resolution paths
- Request a fresh source snapshot
  Ask the source owner for a new file, ingest it, compare checksums, and re-run every control that reads the source.
Clearing this unblocks 4 controls: CASH-006, CONCENTRATION-007, MODEL-DEV-008, RECON-HOLD-002

Awaiting a named human

1 decision requires authorization

These do not block the work, but the rebalance cannot be released until an eligible role records a reasoned decision.

APPROVAL-010FailManual review required
Required human authorization
Due Mar 17, 2026, 06:00 UTC
Outstanding: Authorized release of the handoff package.
Owner
Compliance Officer
Client impact
No client impact. An internal authorization is outstanding.
Permitted resolution paths
- Record the outstanding authorizationPortfolio Manager approval
  Review the release package and record the approval with a reason. The approval binds to this exact projection.

Not evaluated

4 controls could not run

These controls are withheld rather than passed. Each names the dependency it is waiting on.

CASH-006Minimum cash and residual cash sufficiencyNot evaluated: The custodian position snapshot is beyond its illustrative freshness window, so position-dependent calculations are not trusted.
CONCENTRATION-007Post-trade single-name and sector concentrationNot evaluated: The custodian position snapshot is beyond its illustrative freshness window, so position-dependent calculations are not trusted.
MODEL-DEV-008Post-trade model deviationNot evaluated: The custodian position snapshot is beyond its illustrative freshness window, so position-dependent calculations are not trusted.
RECON-HOLD-002Holdings reconciliationNot evaluated: reconciliation requires both the custodian and internal accounting position snapshots to be inside their freshness windows.

Next actions

01Do Now
Request and ingest a fresh snapshot for every stale or missing material source.
Data Steward · unblocks 4
02Waiting
Resolve the open holdings difference by naming the authoritative record with a reason.
Data Steward · unblocks 3 · waiting on ACT-DATA-FRESH-001
03Waiting
Adjust the trade set so residual cash meets the mandate minimum.
Portfolio Manager · waiting on ACT-DATA-FRESH-001
04Waiting
Adjust the trade set so post-trade weights sit inside the mandate limits.
Portfolio Manager · waiting on ACT-DATA-FRESH-001
05Waiting
Confirm the residual model deviation is acceptable for release.
Portfolio Manager · waiting on ACT-DATA-FRESH-001
06Review
Record the outstanding authorization against this projection.
Portfolio Manager

Control summary

Pass: 3
Fail: 2
Unknown: 4
Not applicable: 3
Total controls evaluated: 8 of 12

Hollis Bright Family SMA

1 control blocks this rebalance

Material source freshness

1 decision requires authorization

Required human authorization

4 controls could not run

Hollis Bright Family SMA

1 control blocks this rebalance

Material source freshness

1 decision requires authorization

Required human authorization

4 controls could not run