Automatically aggregate all your clients’ asset classes and financial information in one place. NetWorth Platform is designed to support the universe of asset classes, which includes alternative investments, insurance, real estate, commodities, as well as conventional stocks and bonds.
Customized Client Reporting
Net Worth Reporting
Back Office Document Management
API & Integration
Robust Data Modeling
Flexible Portfolio Metrics
Cost Basis Engine
Tax Lot Harvesting
Designed using sophisticated APIs, the modular configuration of NetWorth’s digital advising platform allows us to provide flexible and scalable intelligent solutions that are capable of meeting the demands of the changing landscape of today’s advisory firms.
Alternatives Investments can present excellent retirement income and diversified investment opportunities for your clients. Superior yields and increased sustainable long-term investment returns have propelled this asset class to a more prominent role in the investment industry.
HOW NETWORTH COMMUNICATES
Customized integration into any existing back-office platform to calculate cost basis
Front-office desktop application providing professionals with quick cost basis calculations, historical corporate action information, security pricing, and date of death and gift valuations.
Powered by the Netbasis engine, NetWorth’s portfolio management tool allows investors to run “What If” and tax lot relief scenarios for tax optimization.
HIGH-VOLUME COST BASIS RECONSTRUCTION
Netbasis will reconstruct and verify cost basis information for ACATs or historical positions with missing or questionable cost basis information
WASH SALE BATCH SERVICE
Millions of client records are subject to missing cross-account trade detection as well as erroneous deferral assignments to complicated trades. Netbasis Batch is a cost effective solution to high-volume wash sale data detection/verification.
API MODULAR SERVICE
FinTech businesses can leverage NetWorth’s best-of-breed API library of modularized features and functionalities, through a seamless connection that can be integrated into their product or service solutions.
Quickly and effortlessly verify the accuracy of your clients’ 8949 Form prior to filing.
Adjust inaccurate cost basis for “covered” and “noncovered” securities reported on the 1099-B.
Save your clients from IRS penalties and fines for inaccurate cost basis reporting.