NetWorth Advising Platform

NetWorth Advising Platform by NetWorth Services is a digital wealth management solution designed to help financial advisors, investment professionals, and wealth management firms deliver more informed investment and tax-planning services to their clients. Its core capabilities focus on investment cost basis analysis, portfolio management, tax reporting, and investment strategy evaluation. The platform helps advisors calculate and verify the adjusted cost basis of securities by accounting for corporate actions such as stock splits, mergers, spin-offs, and dividend reinvestments. Key features include portfolio analysis, tax-lot accounting, capital gains and losses calculations, wash sale detection, tax-loss harvesting, and investment sale planning. Advisors can evaluate different sale methods and simulate potential transactions to understand their possible tax implications before executing trades. Additional capabilities include estate and gift valuation, employee stock purchase plan analysis, historical security price research, dividend information, and internal rate of return (IRR) and return on investment (ROI) calculations. The platform supports detailed cost basis reports that can be exported in formats such as PDF and CSV, with relevant US tax reporting support, including IRS Form 8949 and Schedule D.