'... be able to cut a portion of the welded assembly...'
Sounds to me like a perfect use of Derived part.
Create your assembly (weldment), then create new part, using the derived weldment as your base. You should be able to iPart this, and move your cutplane anywhere you like.
Todd
Todd
Product Design Collection (Inventor Pro, 3DSMax, HSMWorks)
Fusion 360 / Fusion Team