[dropcap style="0" size="3"]Q.[/dropcap] I love the look and easy setup of the new billing statement in Presentation Studio, but I still have a few clients who pay by check. Can I still run my bills through Presentation Studio? Or must I keep the … [Read more...]
Average Value Billing in PortfolioCenter
Currently PortfolioCenter offers two options for calculating management fees: billing on the entire value on the first day of the billing cycle or the entire value on the last day of the billing cycle. When PortfolioCenter 5.7 is released … [Read more...]
PortfolioCenter management fee allocation options
Setting up billing in PortfolioCenter requires several "policy" decisions. If you decide to deduct fees from your clients accounts, you need to decide whether to deduct the total fee for a client household from a single account OR deduct a … [Read more...]
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 … [Read more...]
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 … [Read more...]
