by Krisan Marotta | Jul 28, 2014 | Cost Basis, KBO
The “final” Internal Revenue Service (IRS) regulations on cost basis reporting for fixed income securities and options securities are phasing in between now and 2016. Here’s the bottom line: It’s going to be MORE difficult to keep cost basis...
by Krisan Marotta | Jul 24, 2014 | KBO, Outsourcing
If you’re starting your own practice, you may think outsourcing is a luxury you can’t afford. Actually, it’s a necessity. I enjoy working with managers who are those striking out on their own, because I bring so much value to the table. With 20+...
by Krisan Marotta | Jul 21, 2014 | KBO, Performance
Internal Rate of Return (IRR) is the single rate of return at which the beginning market value plus additions grows to equal the ending market value minus withdrawals. PortfolioCenter calculates IRR using an “iterative process”. Basically PortfolioCenter...
by Krisan Marotta | Jul 16, 2014 | Billing, KBO
Q.While running my quarterly billing from PortfolioCenter, I found a problem I can’t solve. The paper invoice created from PortfolioCenter shows the correct total fee for the household group and the proper breakdown of which accounts the fees are to be taken...
by Krisan Marotta | Jun 27, 2014 | Cost Basis, KBO
Since the increased federal regulation of 2008, PortfolioCenter users spend more time tracking and reconciling cost basis. If you are new to PortfolioCenter and confused about the terms, here’s a refresher course. The Internal Revenue Service not only requires...
by Krisan Marotta | Jun 20, 2014 | KBO, Reporting
Q. I’m not able to figure out why a yield does not show up on the Portfolio Statement for a particular Vanguard fund. The yield is about 4% and the report shows 0%. I checked the security data and have all the information in accurately. Can you help? A.Good...
