Nick Defenthaler, CFP®, RICP®’s Post

Partners’ Capital Account Statement is a financial document typically used in the context of a partnership, including those involved in Private Equity (PE) or other investment funds. The statement provides a detailed breakdown of each partner's capital account, showing their initial contributions, allocations of profits and losses, withdrawals, and any other changes to their capital balance. Here are the key components of a Partners Capital Account Statement in the context of a private equity fund: Partner's Name: The name of the partner for whom the statement is prepared. Beginning Capital Balance: This represents the partner's capital balance at the beginning of the period in question. It typically includes their initial investment and any other contributions. Capital Contributions: Any additional capital contributions made by the partner during the period, such as a commitment to invest in the fund. Allocations: Partners in a private equity fund typically have a predetermined allocation of profits and losses as outlined in the partnership agreement. The statement will show how these allocations are distributed to each partner. This could include preferred returns, carried interest, or other profit-sharing arrangements. Income and Expenses: Any income or expenses attributable to the partner's interest in the fund, including fees, interest, and other sources of income, will be listed here. Gains and Losses: If there were realized gains or losses on investments during the period, these will be reflected in the statement. Withdrawals and Distributions: Any withdrawals or distributions made to the partner during the period, whether for profit-sharing or a return of their capital, will be recorded in this section. Ending Capital Balance: This represents the partner's capital balance at the end of the period after all the changes listed above. Capital Account Adjustments: In some cases, there may be specific adjustments or events that affect a partner's capital account, such as transfers of interests, tax-related adjustments, or capital call obligations. These will be listed separately. Notes or Additional Information: Partners Capital Account Statements may include additional notes or explanations to provide context and clarify any unusual transactions or changes. These statements are importantfor both the fund managers and the individual partners, as they providetransparency into the financial performance and capital balances of eachpartner in the fund. This information helps partners track their investments,assess their returns, and fulfill tax reporting obligations. Additionally, ithelps fund managers ensure that they are meeting their obligations to allocateprofits and losses in accordance with the partnership agreement. #privateequity

Unlock Your Path to Financial Freedom with Horvat Capital's Holistic Services! Are you tired of trying to figure out how to achieve financial independence? The journey to wealth can feel overwhelming, with countless questions swirling in your mind: How should I invest my money? Should I invest in property? Should I invest in stocks? Should I start a business? What business could I start? At Horvat Capital, we understand the frustration and uncertainty that often accompany the pursuit of financial success. That's why we're here to offer you a clear path forward, regardless of your background, education, or current circumstances. Whether you're a recent graduate, a seasoned professional, or somewhere in between, we have the expertise and resources to guide you to riches. At Horvat Capital, we have the clear answers and blueprint to guide you on your journey to financial freedom through real estate and private business investments. With our holistic service, including strategy development, acquisition facilitation, and financing solution, you can rest assured that you'll be taken care of every step of the way. We understand the complexities of wealth-building, and we're here to simplify the process for you. Let us help you unlock your path to financial freedom. Contact us today to learn more about our services and how we can assist you in achieving your financial goals. Don't wait any longer to secure your financial future. Contact us now to get started on your journey to financial independence! www.horvatcapital.com

As SYKON Capital marks six months since our launch as an independent advisory firm, we find ourselves reflecting on this significant milestone with a deep sense of gratitude and excitement. Recently, we came across an insightful article by Tony Robbins, which posed seven critical questions that clients should ask financial advisors. This article resonated with us profoundly because, six months ago, we may not have answered these questions with the confidence we possess today. However, today’s message is not only about the questions from that article. It is about establishing what SYKON Capital truly means to us and our clients. Our firm is the culmination of decades of industry experience and a steadfast belief that the traditional financial system needs a revolutionary change. At SYKON Capital, we are committed to redefining wealth management, investment advice, and financial planning, and we firmly believe that quality financial advice should be accessible to everyone, regardless of their asset level. In the past six months, SYKON Capital has achieved remarkable growth. We have developed one of the most technologically advanced platforms in the industry, offering a suite of services that far exceeded our initial expectations. The industry's evolving landscape and our drive for consistent innovation has allowed us to break free from the traditional, profit-driven focus of much of Wall Street, and instead has better aligned our firm with what we truly enjoy – delivering genuine, client-centric advice that can make a difference for our clients and their families. Our mission is to redefine wealth management, shifting the focus from selling products to offering authentic and valuable advice. This journey is not simply about our firm, but rather involves each of you. Your continued trust and support are the cornerstones of our success. As you visit our website, you'll notice our slogan: "Inspired by You, Influenced by Experience." This encapsulates our ethos – our commitment to creating an unparalleled experience for you, our clients. When we hear feedback that working with us is refreshingly unique and exactly what you were looking for, it fuels our passion and determination to innovate and deliver even more. Every morning, we wake up driven by this mission. This journey with SYKON Capital has been the most fulfilling professional experience of our lives. Link to the full article: https://lnkd.in/eT2QGBny We also want to thank so many or our partners who have made this platform possible: tru Independence, Lumiant, DNA Behavior, Advyzon  , Levitate, Pontera, Envestnet | MoneyGuide, Elements, Profit.co, Andes Wealth Technologies, Income Lab #inspiredbyyou #livingyourbestlife #team #family #innovation Stephen Ruvituso Joseph Castiglie, CFA®Shawn Teufel, Todd Stankiewicz, ChFC®, CFP®, CMT®, Julie Ackerman

Here at Holland Capital Management, we measure success on an after-tax, risk-adjusted basis. Click below to learn more about what we do differently👇

Here at Holland Capital Management, we measure success on an after-tax, risk-adjusted basis. Click below to learn more about what we do differently👇

While financial planning always involves investing, it goes far beyond just building an investment portfolio and selecting investments expected to outperform their peers. Read our latest article for effective financial planning strategies.

Balanced advantage funds have been talked about a lot in recent times. What role should they play in your portfolio and which funds are we recommending - find out here. https://lnkd.in/dcs46YQ5

Balanced advantage funds have been talked about a lot in recent times. What role should they play in your portfolio and which funds are we recommending - find out here. https://lnkd.in/dcs46YQ5

Looking to take control of your finances and secure a brighter financial future? Consider the benefits of using a Fund Planner! 📊💡 From optimizing investments to creating strategic savings plans, Fund Planning offers numerous advantages for personal finance management. 🌟💸 🔍 Understanding: Gain insights into your financial situation and make informed decisions. 🔄 Optimization: Maximize returns on investments and minimize unnecessary expenses. 📈 Growth: Build wealth over time through strategic allocation and diversification. 💼 Organization: Streamline your finances and stay on top of your financial goals. Ready to unlock the full potential of your finances? Start Fund Planning today! 💪💼 #FinancialFreedom #SmartInvesting #PlanAhead Take charge of your financial destiny! Contact us to learn more about our Fund Planning services and embark on your journey towards financial success. #TakeControl #SecureFuture

When did you last review how you are invested within your pension or investment holding? Does the fund selection still suit your needs and objectives? Has performance been inline with what you had expected, or at least on par with risk aligned peers? If you haven’t reviewed your investment and pension holdings within the last 12 months then get in touch to arrange an initial conversation at no cost to you. ☎️ 01745 585474 📧 info@ascentfp.co.uk 💻 www.ascentfp.co.uk #financialreview #investmentreview #financialplanning