by Krisan Marotta | Feb 2, 2016 | Cost Basis
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 | Oct 8, 2015 | Performance
Q. We have a number of portfolios that hold a stock that awarded a dividend of $5.06 per share. The price of the stock at the time was $20.00 per share. On some reports in Schwab PortfolioCenter, it appears these clients have a large loss, when in fact they have an...
by Krisan Marotta | Dec 14, 2014 | Cost Basis
Most brokers download the correct income type into PortfolioCenter; normally, you should not need to change the income type. Here’s a simplified definition of the income types you typically see with equity and mutual fund positions. Dividend: This is the most...
by Krisan Marotta | Apr 17, 2014 | Reporting
Q.I ran a the Portfolio Performance Review for the last calendar year and the Income Report for the same year on the same portfolio. The total income on the performance report does not match the total income on the Income Report. What’s wrong with my data?...
by Krisan Marotta | Apr 11, 2014 | Reporting
Q.None of the Long Term Gains in a portfolio appear on the PortfolioCenter Income report. Am I doing something wrong? A.You are doing nothing wrong. Schwab Performance Technologies omits Long Term gains from the Income Report by design. When I called to ask why, the...
