Wealth Management Reports

Transcription

1 Wealth Management Reports

2 Table of Contents Cover Page Portfolio Overview Policy Overview Historical Policy Overview Performance Overview Performance Summary Household Overview Fixed Income Overview Fixed Income Distribution Portfolio Appraisal Transaction Summary Realized Gains and Losses Disclaimer and Terms Professional Presentation, Clear Communication Today s wealth managers are challenged with strengthening existing client relationships and attracting new assets. That s why Advent offers a wide array of wealth management reports to enable you to communicate more effectively with your clients. Professional quality reports from Advent do more than show clients how their assets are performing. They are a primary point of client contact that allow you demonstrate your value. In a time when the advisory field can seem more crowded than ever, strong reporting can be a critical competitive differentiator. Put Performance in the Best Light Built on the industry-standard Microsoft SQL Server Reporting Services (SSRS) platform, Advent s wealth management reports are: Easy to use. Simply access them via the report menu in Advent Portfolio Exchange. Attractive and clear. Explanatory, color-coded graphs and charts help clients understand the how and why of investments and their performance. Customized. Reports can be branded with your firm name, logo and graphics. Comprehensive. Provide a full range of reports to tell your story. You work hard for results for your clients. Make them look their best.

3 Cover page Differentiate your firm with a look that allows you to stand apart from other firms. The cover page offers flexibility to display firm specific branding that includes a logo and graphics. Display a single account or all accounts in a portfolio or household. Quarterly Report Accounts EVAN CASE IRA xxxx Custodian EVAN CASE TRUST XXXX-4321 Custodian Copyright 2014 AdventSoftware, Inc. Inc. 1

4 Portfolio Overview The Portfolio Overview gives your clients insight into the key metrics of their portfolio. The Activity Summary displays the elements resulting in a portfolio s change in market value. The Portfolio Allocation section uses both a chart (pie, column or bar) and table format to depict diversification of the portfolio by either industry standard or custom classification. EVAN CASE PORTFOLS t b D US D ll D Accrued Interest 80,179 74,834 Net Contributions/Withdrawals 64, ,505 Realized Gains -49,524-79,635 Unrealized Gains 654,852 1,073,709 Income Received 100, ,907 Change in Accrued Interest -19,301-13,956 Accrued Interest 60,878 60,878 Gross of Fees September 30, The Change in Portfolio graphically represents cash flows and changes due to market appreciation and/or depreciation. U.S. Stock 5,328, Taxable Bond 4,045, International Stock 2,054, Municipal Bond 1,895, Alternatives 1,476, Money Market 732, /31/2011 6/30/ /31/2012 6/30/ /31/2013 6/30/ /31/2014 Copyright 2014 Advent Software, Inc. 2

5 Policy Overview The Policy Overview depicts current asset allocation vs. a target allocation. This report provides your clients with a clear understanding of how their investments are tracking to their target allocations. Actual Allocations and Target Allocations can be run against industry standard or custom classifications. Track portfolio alignment with investment policy or strategy and show where actual allocation varies from target. U.S. Stock 34.3 % 35.0 % -0.7 % 5,328,804 Taxable Bond 26.0 % 25.0 % 1.0 % 4,045,015 International Stock 13.2 % 10.0 % 3.2 % 2,054,134 Municipal Bond 12.2 % 10.0 % 2.2 % 1,895,367 Alternatives 9.5 % 10.0 % -0.5 % 1,476,180 Money Market 4.7 % 10.0 % -5.3 % 732,188 Copyright 2014 Advent Software, Inc. 3

6 Historical Policy Overview This powerful report identifies current asset allocation versus a target as well as illustrates allocation changes over time. Current Asset Allocation vs. Investment Policy illustrates where your current allocation varies from your target in both % and $ terms. 4 U.S. Stock 34.3 % 5,328, % 5,436, % -107,287 Taxable Bond 26.0 % 4,045, % 3,882, % 162,094 International Stock 13.2 % 2,054, % 1,553, % 500,965 Municipal Bond 12.2 % 1,895, % 1,553, % 342,198 Alternatives 9.5 % 1,476, % 1,553, % -76,989 Money Market 4.7 % 732, % 1,553, % -820,981 The Asset Allocation Over Time graph illustrates how allocation to different segments has changed over the life of the portfolio. 9/30/2011 7/31/2012 5/31/2013 3/31/2014 Copyright 2014 Advent Software, Inc. 4

7 Performance Overview The Performance Overview report gives you a comprehensive look at the portfolio performance at multiple time periods and compares them to relevant benchmarks. Choose the Performance History time period to display. D b US D ll U.S. Stock Taxable Bond International Stock Municipal Bond Alternatives Money Market Net of Fees The graph can reflect Time Weighted Return (TWR) or Growth of a Dollar. S&P 500 Total Return Barclays Agg. Bond Policy Benchmark Inception (September 30, 2011) to Date View a portfolio s TWR since inception for portfolios and benchmarks, as well as subperiod performance. 9/30/ /31/2011 3/31/2012 6/30/2012 9/30/ /31/2012 3/31/2013 6/30/2013 9/30/ /31/2013 3/31/2014 6/30/2014 9/30/ /31/2014 3/31/2015 Copyright 2014 Advent Software, Inc. 1 of 1 5

8 Performance Summary Investors will view the Performance Summary to identify securities, their current market value as well as any or all of MTD, QTD, YTD, Latest 1 Year, Latest 3 Years and Inception to Date performance. Choose to group securities by various classifications. Select the performance periods that are meaningful to you and your clients. Performance Summary Market Month Quarter Latest 1 Latest 3 Inception Value To Date To Date Year Years To Date EquityE D b US D ll R ti C APPLE INC COM 161, DODGE & COX FDS INTL STK FD 89, EQUITY MANAGER 1 1,800, EQUITY MANAGER 2 2,600, FORD MTR CO DEL COM PAR $ , GOOGLE INC CL A 118, ISHARES TR MSCI EAFE IDX 40, ISHARES TR MSCI EMERG MKT 119, TEMPLETON GLOBAL SMALLER COS CLASS C 1,805, VANGUARD INDEX FDS 500 PORTFOLIO 463, Equity 7,365, Fixed Income CALIFORNIA ST ECONOMIC RECOVERY 5.000% Due , GENERAL ELECTRIC CO 5.000% Due , SAN FRANCISCO CALIF CITY&CNTY UNI SCHDST 5.000% Due ,280, TIME WARNER COMPANIES INC 9.125% Due , UNITED STATES TREAS NTS 1.875% Due , UNITED STATES TREAS NTS 1.625% Due , UNITED STATES TREAS NTS 2.000% Due , Fixed Income 4,556, Gross of Fees Alternatives ALETHEIA MARKET NEUTRAL LP 792, DRAWBRIDGE DISTRESSED DEBT FUND 763, GOLDMAN SACHS PRIVATE EQUITY PRTRS LP 585, LEUTHOLD FDS INC GRIZZLY SHORT 17, POWERSHARES DB CMDTY IDX TRACK UNIT BEN INT 99, Alternatives 2,256, Total 14,178, Copyright 2014 Advent Software, Inc. Inc. 6

9 Household Overview View household membership and important consolidated metrics, including activity, allocation and performance, across multiple custodial accounts. Leverage Advent s strength in data aggregation to provide insight to your clients. Household Overview Allocations can be run against industry standard or custom classifications. Asset Class Allocation Portfolio Activity Summary Month To Date Quarter To Date Year To Date Inception To Date Beginning Market Value 14,985,532 14,679,395 13,230,803 10,125,000 Net Additions 100, ,354 1,163,354 2,763,354 Gain/Loss 501, ,992 1,248,026 2,871,494 Ending Market Value 15,581,688 15,581,688 15,581,688 15,581,688 Time Weighted Return Household Performance can be displayed for both the entire portfolio and the individual accounts. Performance Since Inception Household Performance Market Month Quarter Year Inception Portfolio Value To Date To Date To Date To Date 15,581, EVAN CASE IRA 1,295, EVAN CASE TRUST 14,285, /30/ /31/2011 3/31/2012 6/30/2012 9/30/ /31/2012 3/31/2013 6/30/2013 9/30/ /31/2013 3/31/2014 6/30/2014 9/30/ /31/2014 3/31/2015 Copyright Advent Software, Inc. Inc. 7

10 Fixed Income Over view The Fixed Income Overview shows key information for the fixed income assets in the portfolio. With full fixed income functionality, Advent allows you to calculate and report on these investments. Weighted Averages presents metrics specific to the fixed income portion of the portfolio. Weighted Averages Average Yield 2.63 Average Maturity 7.14 Average Coupon 4.69 Average Duration 4.75 Average S&P AA- Average Moody A1 Average Fitch Not Rated Fixed Income Allocation by Type Fixed Income Overview The Fixed Income Totals and Fixed Income Allocations by Type display summary information for this portion of your portfolio. Fixed Income Totals Par Value 4,719,020 Market Value 5,116,304 Total Cost 4,363,319 Net Gain/Loss 752,985 Annual Income 217,364 Accrued Interest 60,878 Bond Type Market Value % Fixed Income % Portfolio Corporate Notes and Bonds 1,421, % 9.1% U.S. Treasury Inflation Indexed 1,859, % 11.9% U.S. Municipal Notes and Bonds 1,895, % 12.2% Fixed Income Total 5,177, % 33.2% Copyright 2014 Advent Software, Inc. Inc. 8

11 Fixed Income Distribution The Fixed Income Distribution report includes the option to display the portfolio s distribution by maturity, coupon, duration or ratings. For each of the four quadrants choose to display data in either table, pie or bar chart form. Distribution by Maturity % Bond Avg. Avg. Avg. Maturity Number Market Value Holdings Yield Coupon Duration 1 Yr - 3 Yrs 4 2,056, % % Yrs - 5 Yrs 1 614, % % Yrs - 7 Yrs 1 604, % % Yrs - 10 Yrs 1 1,280, % % 6.9 Over 10 Yrs 1 620, % % 10.3 Distribution by Maturity Fixed Income Distribution Distribution by S&P Rating % Bond Avg. Avg. Avg. S&P Rating Number Market Value Holdings Yield Coupon Duration AAA 4 3,140, % % 5.0 AA , % % 2.0 A , % % 1.4 BBB 1 474, % % 1.8 BB 1 620, % % 10.3 Distribution by S&P Rating Copyright 2014 Advent Software, Inc. Inc. 9

12 Portfolio Appraisal The Portfolio Appraisal shows your clients all holdings in an account by individual tax lot or position. Information can include quantity, cost, market value, percent of portfolio and yield or unrealized gain and loss. Securities can be grouped by investment type. Show holdings as of trade or settle date. Show holdings by individual tax lot or the position level. Portfolio Appraisal Unit Total Market Pct. Unrealized Quantity Symbol Security Cost Cost Price Value Assets Gain/Loss Common Stock 500 aapl APPLE INC COM , , ,305 10,000 f FORD MTR CO DEL COM PAR $ , , , goog GOOGLE INC CL A , , , efa ISHARES TR MSCI EAFE IDX , , ,246 2,500 eem ISHARES TR MSCI EMERG MKT , , ,105 3,600 dbc POWERSHARES DB CMDTY IDX TRACK UNIT BEN INT , , , , ,838 Mutual Funds (USD) 2, dodfx DODGE & COX FDS INTL STK FD , , ,725 5, grzzx LEUTHOLD FDS INC GRIZZLY SHORT , , , , tesgx TEMPLETON GLOBAL SMALLER COS CLASS C ,406, ,805, ,000 4, vfin.x VANGUARD INDEX FDS 500 PORTFOLIO , , ,950 2,004,930 2,375, ,175 Corporate Notes and Bonds 400, AK5 300, ay9 500, BU1 U.S. Treasury Inflation Indexed 595, bd1 572, dh0 550, ET3 U.S. Municipal Notes and Bonds 600, jat8 1,200, TCH8 TIME WARNER COMPANIES INC 9.125% Due , , ,031 GENERAL ELECTRIC CO 5.000% Due , , ,474 GEORGIA PAC CORP 8.875% Due , ,931 Accrued Interest 28, ,638 1,421, ,488 UNITED STATES TREAS NTS 1.875% Due , , ,190 UNITED STATES TREAS NTS 1.625% Due , , ,786 UNITED STATES TREAS NTS 2.000% Due , , ,317 Accrued Interest 14, ,728,820 1,859, ,659 CALIFORNIA ST ECONOMIC RECOVERY 5.000% Due SAN FRANCISCO CALIF CITY&CNTY UNI SCHDST 5.000% Due , , , ,287, ,277, ,516 Copyright 2014 AdventSoftware, Inc. Inc. 10

13 Portfolio Appraisal (Continued) Portfolio Appraisal Unit Total Market Pct. Unrealized Quantity Symbol Security Cost Cost Price Value Assets Gain/Loss Managed Accounts (USD) Accrued Interest 17, ,910,862 1,895, ,162 1,440,000 eqtymgr1 EQUITY MANAGER ,654, ,800, ,000 2,000,000 eqtymgr2 EQUITY MANAGER ,100, ,600, ,000 Hedge Funds (USD) Private Equity (USD) Cash Accounts 3,754,000 4,400, , ,000 aletheia ALETHEIA MARKET NEUTRAL LP , , ,300 48,000 drawdd DRAWBRIDGE DISTRESSED DEBT FUND , , ,400 1,497,500 1,555, ,700 1,500,000 gspriv GOLDMAN SACHS PRIVATE EQUITY PRTRS LP , , , , , ,500 cash Cash Account 782, , , , Total Portfolio 13,446,612 15,581, ,074,198 Copyright 2014 Advent Software, Inc. Inc. 11

14 Transaction Summary The Transaction Summary Report displays all of the account transactions maintained by Advent giving you an independent record apart from your custodian. Select which transaction types to display from a variety of choices. Call Contribution Dividends Expenses Interest Maturities Purchase Puts Return of Capital Principal Payments Sales Withdrawals At a glance clients can review what has been purchased and sold within their account. Purchases Trade Date Settle Date Quantity Symbol Security Unit Price Amount 3/31/2014 4/6/2014 1,000 bks BARNES & NOBLE INC COM ,620 4/1/2014 4/1/ ,000 eqtymgr1 Equity Manager ,000 7/1/2014 7/7/ ,000 f FORD MTR CO DEL COM PAR $ ,800 11/1/ /2/ , ET3 UNITED STATES TREAS NTS , % Due /1/ /4/ , ay9 GENERAL ELECTRIC CO , % Due /11/ /11/2014 1,000,000 eqtymgr2 Equity Manager ,100,000 Total Purchases 2,996,836 Sales Transaction Summary December 31, Trade Date Settle Date Quantity Symbol Security Unit Cost Total Cost Unit Price Proceeds Gain/Loss 4/30/2014 5/5/ bks BARNES & NOBLE INC COM , , /31/2014 8/4/ bks BARNES & NOBLE INC COM , ,500 1,690 10/29/ /29/ , z76 ARKANSAS ST , ,720-31, % Due /29/ /3/ , ag4 CALIFORNIA ST (CALLABLE ANNUALLY) , , % Due /29/ /3/ , HD2 VIRGINIA ST , ,000-46, % Due /29/ /3/ , HD2 VIRGINIA ST , ,000 16, % Due Total Sales 2,514,806 2,453,219-61,587 Copyright 2014 Advent Software, Inc. Inc. 12

15 Transaction Summary (Continued) Transaction Summary December 31, Dividends Ex-Date Pay-Date Symbol Security Amount 6/23/2014 6/29/2014 eem ISHARES TR MSCI EMERG MKT 654 6/23/2014 6/29/2014 efa ISHARES TR MSCI EAFE IDX /21/ /30/2014 efa ISHARES TR MSCI EAFE IDX /21/ /30/2014 eem ISHARES TR MSCI EMERG MKT /29/2014 1/5/2015 eem ISHARES TR MSCI EMERG MKT 63 Total Dividends 2,593 Contributions Trade Date Settle Date Quantity Symbol Security Unit Price Amount 4/15/2014 4/15/2014 cash Cash Account 500,000 6/1/2014 6/1/2014 cash Cash Account 100,000 8/31/2014 8/31/2014 divacc Dividend Accrual (usd) 0 9/30/2014 9/30/ , tesgx TEMPLETON GLOBAL SMALLER COS CLASS C ,500 10/31/ /31/2014 cash Cash Account 50,000 10/31/ /31/2014 cash Cash Account 50,000 Total Contributions 1,025,500 Withdrawals Trade Date Settle Date Quantity Symbol Security Unit Price Amount 9/30/2014 9/30/ ,000 eqtymgr1 Equity Manager ,500 Total Withdrawals 12,500 Copyright 2014 Advent Software, Inc. Inc. 13

16 Realized Gains and Losses Realized Gains and Losses provides a listing of transactions, cost, proceeds, and associated gains or losses categorized by holding period. Quickly identify the securities sold and the associated short and long term gains generated. See a portfolio s total gains and losses for a taxable year or any time frame chosen. Realized Gains and Losses EVAN CASE December 31, Amort. or Gain Or Loss Open Date Close Date Quantity Symbol Security Cost Basis Accretion Proceeds Short Term Long Term 3/31/2014 4/30/ bks BARNES & NOBLE INC COM 10,810 10, /31/2014 7/31/ bks BARNES & NOBLE INC COM 10,810 12,500 1,690 10/1/ /29/ , z76 ARKANSAS ST 626, ,720-10, % Due /1/ /29/ , ag4 CALIFORNIA ST (CALLABLE 600, , ANNUALLY) 3.625% Due /1/ /29/ , HD2 VIRGINIA ST 634, ,000-34, % Due /1/ /29/ , HD2 VIRGINIA ST 631, ,000 26, % Due Total Gains 1,690 26,132 December 31, Total Losses ,036 Total 2,514,806 2,453, ,904 Total Realized Gain/Loss -18,025 Copyright 2014 AdventSoftware, Inc. Inc. 14

17 Disclaimer and Terms The disclaimer page offers flexibility to display firm specific disclaimers and supplemental information. Provide terms and definitions to clients. Include supplemental information to support report detail. Disclaimer & Terms 1. Sample 8 Investments claims compliance with the Global Investment Performance Standards (GIPS ) and has prepared and presented this report in compliance with the GIPS standards. Sample 8 Investments has been independently verified for the period from 1 April 1996 through 31 December Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm s policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. The Large-Cap SMA Composite has been examined for the period from 1 January 2006 through 31 December The verification and performance examination reports are available upon request. 2. Sample 8 Investments is an independent investment adviser registered under the Investment Advisers Act of 1940, was founded in March 1996, and manages global large-cap equity, fixed income, and balanced strategies. 3. Beginning 1 January 2006, the composite includes only wrap fee (SMA) portfolios benchmarked to the XYZ Index. Performance results prior to 2006 are based on the Large-Cap Institutional Composite returns. 4. The Large-Cap SMA Composite is comprised of portfolios invested in U.S. equities which have a market capitalization greater than $5 billion. 5. The composite was created in February A list of composite descriptions is available upon request. 6. All returns are expressed in U.S. dollars. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. 7. The XYZ Index returns are provided to represent the investment environment existing during the time periods shown. For comparison purposes, the index is fully invested and includes the reinvestment of income. The returns for the index do not include any trading costs, management fees, or other costs. Index returns have been taken from published sources. 8. Pure gross returns, presented below as supplemental information, from 2006 through 2014 do not reflect the deduction of any trading costs, fees, or expenses and are presented for comparison purposes only. Pure gross returns prior to 2006 reflect the deduction of trading costs. The SMA fee includes all charges for trading costs, portfolio management, custody, and other administrative fees. Net returns are calculated by subtracting the highest applicable SMA fee (2.50% on an annual basis, or 0.21% monthly) on a monthly basis from the pure gross composite monthly return. The standard fee schedule in effect is as follows: 2.50% on total assets. 9. The dispersion is measured by the equal-weighted standard deviation of annual returns of those portfolios that are included in the composite for the full year. 10. At 31 December 2014, the three-year annualized ex-post standard deviation of the composite and the benchmark are 12.3% and 13.2%, respectively. 11. Past performance is not an indicator of future results. Copyright 2014 Advent Software, Inc. Inc. 15

18 ADVENT SOFTWARE, INC. [HQ] 600 Townsend Street 5th Floor San Francisco, CA [NY] 1114 Avenue of the Americas 33rd Floor New York, NY [HK] The Entertainment Building 31st Floor Suite Queens Rd, Central Hong Kong [UK] Charing Cross Road London WC2H 0EW Copyright 2014 Advent Software, Inc. All rights reserved. REPSSRS1114 Advent, the Advent and logo composite, and Advent Software are registered trademarks of Advent Software, Inc. All other products or services mentioned herein are trademarks of their respective companies. Information subject to change without notice. Printed on recycled paper.