The Schwab/Kwanti integration was enhanced to take into account historical transactions. With the knowledge of transactions, Kwanti now calculates and displays the Schwab accounts actual performance.
To view your Schwab accounts and their history, select Import->Schwab in the Kwanti application.
How much history is available?
Account history start from the date you activate the Schwab/Kwanti link and accumulates onward. In some cases, we are able to retrieve earlier transactions to ‘fill up’ the history ($150 fee applies per master account – please contact firstname.lastname@example.org)
How are returns calculated ?
Returns are calculated using TWR (Time-Weighted Return) method and are net of fees (this assumes that fees are transacted from the account – you can verify this is the case by selecting the Performance->Log tab in the application).
How about the Schwab/TD merger?
We are working closely with technical teams at Schwab and TD Ameritrade to ensure smooth transition. According to Schwab, the merging of accounts is planned to take place in the second half of 2023.