by Krisan Marotta | Jun 10, 2014 | KBO, Reporting
In finance, yield is typically a measure of the amount of cash that a security produces for its owner. However, the term is often used to refer to different mathematical formulas in different situations. According to Investopedia, yield is: The income return on an...
by Krisan Marotta | Jun 3, 2014 | Cost Basis, KBO
Q.This week my client corrected the cost basis information for some mutual fund shares which were sold in her accounts during the last tax year. Will PortfolioCenter automatically receive the updated cost basis information (for shares which have already been sold)...
by Krisan Marotta | May 27, 2014 | KBO, Performance
You’ve probably seen the error “No matching trade found to cancel” when posting transactions in one of the PortfolioCenter interfaces. Typically, you’ll see this error when a broker is making a correction. In my experience Schwab is the most...
by Krisan Marotta | May 19, 2014 | KBO, Performance
PortfolioCenter provides two main performance calculations: Internal Rate of Return (IRR) and Time-Weighted Rate of Return (TWR). What’s the difference? IRR measures the overall growth of the portfolio. If your goal is to reach a $1 million by age 65, IRR...
by Krisan Marotta | May 12, 2014 | KBO, SEC Audits
The Securities and Exchange Commission intends to visit all advisors who have never been examined before 2015 ends. In addition to the list of documents you should collect, here are 5 ways to streamline your PortfolioCenter data so you’ll be ready. 1. Properly...
by Krisan Marotta | May 9, 2014 | KBO, Performance
How can there be a positive Dollar Gain (DG) and a negative Time Weighted Return (TWR)? Or vice versa? These “strange but true” returns occur more frequently than you might expect. First, remember that TWR measures the growth of the average dollar in a...
