In a recent article in Financial Planning Magazine online, journalist Donna Mitchell outlined the many cost basis reporting challenges that still remain for most institutions and financial advisors. Donna attended an executive breakfast roundtable last week at the Harvard Club NYC sponsored by Scivantage, of Jersey City, N.J., which provides web-based, front and middle-office solutions for financial institutions, and Celent, a NY-based research and technology consulting firm. The event offered an update on the state of the industry and highlighted how different institution types have managed to adapt to the new cost basis rules to date.
Read the full article here.
You can download a copy of the Celent research report here.