by Krisan Marotta | Dec 1, 2015 | Cost Basis
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 | 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 | May 9, 2014 | 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...
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...
