How to record advisor fees in quicken for Mac to impact Rate of return

Qkndufus
Qkndufus Quicken Mac Subscription Member
in Investing (Mac)

I m trying to figure out how to enter financial advisor fees in quicken for Mac so they impact rate of return. The windows version has an option when creating a new category to "impact rate of return". This does not exist in the Mac version. ( I will rant later :)). I see a similar question from 2019, but it appears to be very cumbersome. I was wondering if there was a more elegant way of handling this and/or perhaps better functionality since then. Thanks

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Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Some more info needed.

    How are those fees actually taken? Are securities sold, and then the money removed, or what?

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Qkndufus
    Qkndufus Quicken Mac Subscription Member

    They are taken from cash in the account. at least this time.

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    In QWin, there's an "Investment Performance" report that shows rate of return, including cash withdrawn from the account.

    Is that report also in QMac? If not, you might want to start an Idea thread suggesting it.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Jon
    Jon Quicken Mac Subscription SuperUser, Mac Beta Beta

    Quicken Mac doesn't have any investment reports. You can see investment performance on the Portfolio tab when looking an an investment account or account group. I would assume that cash is included in the overall account performance numbers but haven't really dug into it.

    There's already a Product Idea thread requesting better investment reporting that has plenty of votes and has been "Under Review" for over 2 years now:

    https://community.quicken.com/discussion/7910394/need-more-investment-reports-in-q-mac

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