by Krisan Marotta | Feb 2, 2016 | Cost Basis, KBO
You receive this message from your broker with a list of accounts, dates and dividends: “Cost Basis Adjusted. No Action Required. The following accounts’ cost basis was adjusted due to an action such as return of capital.” The notice may say...
by Krisan Marotta | Jan 21, 2016 | Cost Basis, KBO
On January 19, 2015 ACE Limited (ACE) completed its acquisition Chubb Corporation (CB). Investors received 0.6019 of ACE common shares and $62.93 in cash per share of Chubb. The wrinkle in the entering this transaction in PortCenter is that ACE adopted the Chubb name...
by Krisan Marotta | Jan 19, 2016 | KBO, Tech Help
Q.I’m looking for a new host for my business website. Can you explain the difference between Shared Hosting, VPS Hosting and Dedicated Hosting? A. While this kind of technical support is outside my PortfolioCenter expertise, here’s the way I understand...
by Krisan Marotta | Dec 1, 2015 | Cost Basis, KBO
Since the 2008 legislation for cost basis reporting, many investment managers are considering no longer sending tax reports from PortfolioCenter to their clients. Since managers are NOT required to track cost basis under the new regulations, how do you decide whether...
by Krisan Marotta | Nov 30, 2015 | KBO, Performance
If you’re losing clients like you’ve never lost before, you may be part of a trend I’ve observed. I’ve seen more client drops among my managers in 2015 than in the last 5 years combined. Even my managers with a near perfect client retention...
by Krisan Marotta | Oct 26, 2015 | KBO, Tech Help
When attempting to login to PortfolioCenter, you may receive the error: “The database you are connecting to does not appear to be a valid PortfolioCenter database.” While the error looks intimidating, it is relatively simple to solve. Essentially, the...
