Direct answer
What is a practical rebalancing checklist?
Before each rebalance: confirm the schedule and account, check that the connector is online, review drift and the target, generate the basket, wait for the checks to pass, review the tax-aware estimates and every planned sell, confirm the send, and log what happened.
Before you start
- Connector online and Gateway/TWS running
- Account and schedule confirmed
- Capital amount current
- Demo vs live clearly labelled
Review the plan
- Drift score and largest deltas
- Target weights unchanged
- Tax-aware review: estimated gains and losses
- Any position that looks wrong or missing
After the send
- Basket history shows the status
- Transmitted orders noted in the log
- Next rebalance date recorded
- Any fallback (09:35 ET) noted
Limits
- A checklist reduces mistakes; it cannot remove market risk.
- Logs are for your records, not for others to act on.
- Nothing in the checklist is personalized advice.
Common questions
Questions about this workflow
How long does a rebalance take?
Once the connector is online, generating and checking a basket takes under a minute. Your review time depends on how closely you want to look.
What should I log after a rebalance?
The date, account, capital, target weights, transmitted orders, and any notes about rejected or fallback orders. A simple spreadsheet works.