Aggregate Reporting

Many of our clients have several accounts to keep track of: retirement, taxable, spousal, trusts, college, etc. Many of these accounts are separate "tax entities," meaning, for example, that one spouse's IRA account cannot be merged into the IRA account of the other spouse. Or that an IRA must be kept separate from a 401(k) account. However, all of these various tax entities in aggregate constitute the client's retirement portfolio.

Our portfolio management software system allows us to keep track of each separate account yet still aggregate them into one portfolio to better discern the "big picture." Each retirement account, for example, need not hold each asset contained within the overall portfolio. Frequently an account that represents a small percentage of the overall retirement portfolio might hold only one fund, but since NWCM can see the "big picture," our allocation decisions in other accounts reflects the ownership of that one fund in the smallest account. The ability to aggregate accounts into one portfolio allows us to make sound investment decisions about the client's overall portfolio.