Advisory businesses that charge a fee for their services often need to show portfolio performance net of the advisory fees for client reporting and investment proposals to help stay compliant with the SEC Marketing Rule.

Users can specify advisory fees for any investments or portfolios in Report Lab by clicking on the “$” icon next to the investment/portfolio name at initial Report Lab Setup. The advisory fees can also be edited anytime in Global Configuration. Please note that Advisory Fees will be saved at the report level.

Can I input an advisory fee outside of Report Lab?

Currently, Venn only offers the inclusion of an advisory fee within the context of Report Lab. The intention of including advisory fees is to clearly represent the impact of fees when presenting performance information to external stakeholders.

Will adding an advisory fee impact the return of investments or portfolios outside of Report Lab?

Inputting an advisory fee on an investment or portfolio in Report Lab will not impact the return of those same investments or portfolios outside of Report Lab.

Can I input different advisory fees on the same portfolio?

The advisory fee is specific to the selected report, therefore the same investment or portfolio can have a different fee associated with it in a different report.

This document highlights certain aspects of this feature. As an overview, it does not discuss all material facts or assumptions. Please see Important Disclosure and Disclaimer Information.