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PortfolioCenter Quarter End Checklist

PortfolioCenter Quarter End Checklist

Does it take too much time to finish your quarter reports because small problems slow you down?  You can be ready for quarter end by performing some quick basic checks the week before the quarter ends.  Running through the checklist below -- before the quarter ends, ...

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How to delete billing history in PortfolioCenter

How to delete billing history in PortfolioCenter

PortfolioCenter 5.10 offers some nice new billing features.  My favorite: You can now globally clean up the billing history! I've been asking for this ability for a long time because it's easy to get the billing history out of sync with the actual management fees....

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Only 20% of advisors avoid active management strategies

Only 20% of advisors avoid active management strategies

When fund managers actively trade a stock fund it produces lower returns than if they trade less than 15% each year. In “What Is The Relationship Between Turnover Rate and Returns?” we learned that having a turnover rate under 15% might be worth as much as 2.21%. It...

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Managerial lessons from game mastering

Managerial lessons from game mastering

Games can teach us a lot about life. They simplify our goals and provide us with limited enough options that we can thoroughly analyze different strategies of achieving those goals. Each game has associated skills that are useful elsewhere – I despised math classes...

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SEC Audit: Beware having client passwords

SEC Audit: Beware having client passwords

One manager here in Virginia recently enjoyed a surprise SEC Audit.  When the examiner learned she had client user ids and passwords (so that she could access their 401k plans to retrieve statements for manual entry), the examiner had her log on to each account.  He...

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Does the NYSE closure affect PortfolioCenter?

Does the NYSE closure affect PortfolioCenter?

On July 8, 2015, trading on the New York Stock Exchange (NYSE) was temporarily halted for a few hours as the result of “an internal technical issue” that was “not the result of a cyber breach.”  Does that affect PortfolioCenter?...

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