by Krisan Marotta | Nov 15, 2011 | KBO, Reporting
Asset Classes describe your broadest investment category and should be the highest level of classification you use to describe portfolio composition and performance on client reports. Think of assets as the neighborhoods of your investment city. Asset Classes should...
by Krisan Marotta | Oct 27, 2011 | KBO, Random Musings
According to an analysis by Paladin Registry in July, 2011, when choosing their financial advisor, 57% use a subjective approach, 31% use an objective approach and 10% have no process. In his ByAllAccounts blog post How Investors Select Financial Advisors (October...
by Krisan Marotta | Oct 15, 2011 | KBO, SEC Audits
Mid-size RIAs may want to read the blog post by Chris Winn & Greg Brown from AdvisorAssist on the SEC to State Transition at the ByAllAccounts blog. Their post contains the critical dates for compliance and when to transition. In July 2010, President Obama signed...
by Krisan Marotta | Oct 5, 2011 | KBO, Reporting
September 2011 ended the worst quarter in terms of performance returns since I started working with PortfolioCenter in 1992. What PortfolioCenter reports could you send your clients to explain that while their portfolios are down, the drop does not necessarily...
by Krisan Marotta | Sep 23, 2011 | Cost Basis, KBO
Historically you may have used the trade lot matching method of “First in, First Out” or “Highest Cost” in order to produce the smallest possible capital gain or the largest possible capital loss when selling positions in client accounts. Trade...
