Investment Performance Report - deducting management fees

mrs121 Unconfirmed, Member ✭✭
Unless this has changed recently, it seems that when creating a report for Investment Performance, the withdrawal of 'management fees' from financial advisor service does not accurately portray the fact that the client paid that and did not receive it - it appears as if it was a withdrawal of funds (Xout) and makes the investment performance appear better than actually is. In order to 'fix' that you have to show the fees as "margin interest" so that it will not just show as an outflow to client in performance. That works OK but maybe there could be another "action" option in investment register to show management fee paid.
1 votes

Implemented · Last Updated


  • Jim_Harman
    Jim_Harman SuperUser ✭✭✭✭✭
    Try recording the fee as a MiscExp and specify a security in the transaction
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  • mrs121
    mrs121 Unconfirmed, Member ✭✭
    MiscExp does not work right if not specifying a security. I tried with a security entered now from your suggestion and that seems to be OK - BUT the management fee is for a brokerage account of multiple securities --adding any security gives an inaccurate picture for the security performance.
  • Quicken Anja
    Quicken Anja Moderator mod

    Hello All,

    This idea seems to have fallen stagnant and due to the age of the request and lack of user votes/comments, will be archived within the next 7 business days.

    If you would like to see this idea kept alive and considered for possible future implementation in Quicken, be sure to add your vote and a comment explaining how this idea would be beneficial for you.

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    Quicken Community Support Team

    -Quicken Anja
  • Jim_Harman
    Jim_Harman SuperUser ✭✭✭✭✭
    edited March 2021
    This is already implemented with the "Affects investment performance" option for Categories.

    The Help for this feature is very unclear however. 
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  • q_lurker
    q_lurker SuperUser ✭✭✭✭✭
    This is the related idea
    dealing with the labeling and completeness.