Online Tool Verification Services
We verify the accuracy of online calculators and related
marketing material. Our work is guaranteed. We provide attestation letters
from a CPA, CFA, and securities lawyer.
Our math powers several regulatory tools. So, we are in a
unique position to help you. We can true-up your mutual fund, retirement,
cost, and 529 tools to the regulators. Think we can't, or that there's no
risk? Take our quick quiz and then decide.
mutual fund, savings, retirement, and RMD calculators are flawed. Errors
stem from a naïve understanding of complex issues like LOI, ROA, tax
accrual, tolling, and turnover impact. So,
proper methods are not applied to the tools.
We found and fixed these errors. Clients received a written report,
text and numeric revisions, and truing algorithms.
Inaccurate Mutual Fund
Cost Calculator: The A-share load was forgotten. Also, returns and expenses
were improperly calculated. The results for this share class were all
Inaccurate Share Class
Suitability Calculator: CDSCS were improperly tolled and the B-to-A and C-to-A
conversions were forgotten. The results for these shares were totally
Tool: This was just a basic future value applet that
did not properly compound return. In fact, nothing concerned future
savings, tax deferral, or tax deductions.
Minimum Distribution Tool: Text was incorrect, the wrong
IRS tables were used, and the 70 ½ adjustment was improperly handled.