Getting Started
AssetView is a secure and private tool that enables you to make superior investing decisions across all asset classes, financial relationships, and time horizons.
Things to Know
- AssetView is installed as an application.
- AssetView requires an Internet connection.
- Updates to AssetView are implemented automatically when you close and then re-open the application. If you are in the application when an update is released, you will be notified in the application and you may choose whether you update the application at that moment, or if not, AssetView will automatically update when you close and re-open the application.
- AssetView is optimized for wide-screen display.
Quick Start Guide
- Security: Create your AssetView account; you may either set a user name and password or you may use one of the other authentication methods. Set your Passphrase, a set of characters you designate that is required to open your portfolios. As an emergency recovery method for you if you lose your credentials, AssetView automatically generates and provides to you a mnemonic (i.e. a series of random words). Please store your credentials securely and store your mnemonic in a secure location. Without either your credentials or your mnemonic, your Personal Investment Data is protected by encryption and is therefore inaccessible.
- Initial Portfolio: AssetView will automatically create your initial Portfolio which you may name.
- Sources: Add Sources to connect your brokerage accounts to AssetView.
- Accounts: Add Accounts (e.g. for partnerships) other than those created automatically when adding some Sources.
- Account Attributes: Assign Attributes to your Accounts.
- Assets: Add Assets other than those created by adding a Source.
- Asset Attributes: Assign Attributes to your Assets.
- Transactions: Add Transactions.
Key Terms
Return % (XIRR)
AssetView's Return % uses XIRR, a time-based, cashflow-based calculation of extended internal rate of return, to measure performance and compare returns across disparate accounts, assets, and asset classes. XIRR stands for extended internal rate of return. AssetView refers to the XIRR calculation as a vXIRR (virtual XIRR) in cases where a reasoned assumption is made for the liquidation value of an asset with open positions (e.g. the liquidation share price is set at the share price of the most recently booked transaction on the asset).
MoM
AssetView uses MoM, multiple on money, to measure investment performance and compare returns across disparate assets and asset classes. The calculation is: (position value plus distributions)/contributions. The result is a ratio showing how many dollars you have based on each $1 invested. A reasoned assumption is made for the liquidation value of an asset with open positions (e.g. the liquidation share price is set at the share price of the most recently booked transaction on the asset). For an asset, the MoM calculation only includes movements of capital in and out of the asset. For an account, the MoM calculation only includes movements of capital in and out of the account.
Profit Potential
AssetView uses a Profit Potential figure to measure performance and compare returns across disparate accounts, assets, and asset classes. The figure is a combination of realized gains, unrealized gains, and income. The unrealized gain is based on asset liquidation at either a market value (if known) or a liquidation value that AssetView employs from a recent transaction. In AssetView, Profit Potential = Realized Capital Gains + Income + Unrealized Capital Gains.
Videos
See our quick start video guides below or visit our video guide library to see all of our video guides.