by Krisan Marotta | Apr 26, 2012 | Billing
When billing a household group, you have two options for deducting your management fees. 1) Deduct the entire fee from one account in the group. For example, suppose Marvel Financial Planning client Carol Danvers has a taxable account, a variety of Roths, and an UGMA...
by Krisan Marotta | Apr 10, 2012 | Billing
Most of your clients probably prefer to have your management fees deducted from their accounts, but some clients may want to send you a check instead. If your management fee is paid outside of the client’s brokerage accounts, it will not be downloaded through...
by Krisan Marotta | Mar 26, 2012 | Billing
You can create customized client invoices in PortfolioCenter and calculate your management fee based on a percentage of the portfolio’s market value on a specific date. Before running your first set of invoices, there are six decisions you must make, in...
by Krisan Marotta | Jun 30, 2011 | Billing
The PortfolioCenter Billing Summary report is not a reliable tool to verify the accuracy of your client invoices. Review the actual invoices instead. First, format your invoices so they contain enough information to clearly explain how fees are calculated. (Your...
