Tips
Learn how you can harness the power of your online portfolio accounting and performance reporting application to save time and uncover new opportunities to gather assets. Choose a topic below:

Client Registration
Core Value and Benchmark Report Explained
Daily Time-Weighted Rates of Return Explained
Gain/Loss By Investor Report Explained
How to Produce Batch Jobs
Generating Professional Referrals
Top Ten Features



Generating Professional Referrals

There are several creative ways for you to utilize your online portfolio accounting and performance reporting application to more efficiently manage your practice. When you introduce the power of information to other professionals in your area, you will generate an appreciation for the higher caliber of professional service that you can now offer and, as a by-product, you can expect to generate further referrals from within this community.

Reports For CPAs: Transaction History
One of the primary roles of your client's CPA is to complete their tax returns and file them in a timely manner. Providing this information at the critical "time of need" (e.g., when the CPA is completing tax returns), is a fundamental way in which you can help. You can provide transaction history for taxable periods by:

1. Logon to your Albridge Wealth Reporting application home page and click on the "Reports" link next to the client's name.

2. Under the "Portfolio" drop-down menu, select "Combined Account Portfolio." This portfolio includes all accounts and assets for your client in the system.

3. Under the "Reports" drop-down menu, select "Transactions By Investor."

4. Under the "Time Period" drop-down menu, select the desired time period. For example, select "Last Year" if you wish to provide a Transaction History for the normal April 15 tax filing. You may also generate Year-to-Date reports or Last Quarter periods for other requirements of the CPA.

5. Click the "Printer Friendly" button to generate an Adobe Acrobat PDF file that can be easily printed.

Another alternative would be to have the client provide their User Name and Password to their CPA or other financial professional. In this way, their CPA would be able to access their respective transaction history, as needed.

Reports For Attorneys: Value of Assets Within a Trust
Similar to CPAs, many law firms which act as Trustees have time-sensitive information needs. Much of this need is asset-based, i.e., the value of a Trust's holdings. The reason for this is that much of a Trustee's activities are predicated on the amount of assets within a Trust (e.g., distribution requests, estate planning, etc.). It is particularly frustrating for Trustees to get asset values in a consolidated manner for periods intermittent to statement dates, which are usually month-end.

Albridge puts the power to fulfill these requests at your fingertips:

1. Login to your Albridge Wealth Reporting application home page and click on the "Reports" link next to the client's name.

2. Under the "Portfolio" drop-down menu, select the appropriate custom portfolio that you previously created for the Trust account.

3. Under the "Reports" drop-down menu, select "Holdings By Investor."

4. Under the"Date" drop-down menu, select the desired "as of" date for which you want to provide the report. The index will always be the last updated period (e.g., yesterday's date).

5. Click the "Printer Friendly" button to generate an Adobe Acrobat PDF file that can be easily printed.

Your client can also, if desired, provide their user name and password to their attorney or other professional. In this way, the Trustee can access the client's transaction history on an as-needed basis.