PortfolioCenter Management Fee Deduction Options

PortfolioCenter Management Fee Deduction Options

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...
External Management Fees in PortfolioCenter

External Management Fees in PortfolioCenter

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...
7 Decisions about Billing in PortfolioCenter

7 Decisions about Billing in PortfolioCenter

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...