Let us manage the data, so you can manage the money.

Let us manage the data, so you can manage the money!

Will outsourcing PortfolioCenter work for you?

If you are reading this, you’re probably tired of hiring and training yet another person on PortfolioCenter.  Or you've run out of time to handle the program yourself.  Or you're starting your own practice and need to offload some of the necessary … [Read More...]

4 Transactions you should never post without checking

Some transactions are suspect and should be checked before posting regardless of which broker sends them.  If you are unsure, block the transaction and call Tech Support for more information. Photo used under Flickr Creative Commons. … [Read More...]

What to do when PortfolioCenter fails to omit an intra-group transfer

One of my intra-group transfers is not being omitted on a PortfolioCenter performance report.  In this portfolio, $991 was transferred from one account in the group to another account in the group.  I believe my settings are correct.  Yet, that $991 … [Read More...]

How to handle a double income reclassification

If you keep cost basis in PortfolioCenter reconciled to your broker, February means income reclassifications. Due to complicated IRS rules and regulations, fund companies may need to adjust dividends already paid when they close their books at the … [Read More...]

Billing Client Accounts to the Client’s Greatest Benefit

The complexity and progressive nature of our tax system offers a host of different types of savings accounts which are all taxed differently. Because they are all treated differently, investment managers can bring clients greater savings by carefully … [Read More...]

How to answer ADV Item 5F using PortfolioCenter

Most managers spend March updating and filing their Form ADV with the SEC.  It's due by March 31 with the prior year's information. Wondering how to get the information out of PortfolioCenter?  Here's one example. Item 5 Information About … [Read More...]

How to install PortfolioCenter

Installing PortfolioCenter is fairly straightforward, but what if your client database is not called "PortfolioCenter"?  Perhaps you're merging businesses with another manager or you outsource PortfolioCenter and your database is called something … [Read More...]

PortfolioCenter outsourcing for investment managers since 1992.