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...]
Understanding Billing in PortfolioCenter
It's so easy to set up billing in PortfolioCenter, you might be tempted to skip learning how and why it works. Yet, that understanding is crucial to ensuring that PortfolioCenter is calculating fees the way you intend it to bill. Here's everything … [Read more...]
How to verify sufficient cash to deduct management fees
[dropcap style="light"]Q. [/dropcap]We use PortfolioCenter billing to compute our management fees and the Management Fee Export to upload our fees to Schwab. That process is fairly quick and painless. But I spend hours each quarter trying to ensure … [Read more...]
How Expenses Affect Returns in PortfolioCenter
PortfolioCenter automatically calculates returns both before and after expenses. While the portfolio value is always reduced by the amount of an expense, you control how the reductions impact performance returns. Your choices affect your gross and … [Read more...]
PortfolioCenter Invoice does not match the Billing Summary?
[dropcap style="light"]Q. [/dropcap]While running my quarterly billing from PortfolioCenter, I found a problem I can't solve. The paper invoice created from PortfolioCenter shows the correct total fee for the household group and the proper breakdown … [Read more...]
