Borderfolio for Advisors

Borderfolio for Advisors is a web workspace for independent financial advisers, boutique wealth firms and advisers whose clients invest across borders. Advisers upload brokerage statements, review the positions and transactions extracted from them, and consolidate each client's accounts into one portfolio valued in the client's base currency, with time-weighted and money-weighted returns that separate market performance from the client's own contributions.

Its cross-border screens read fund domicile from the ISIN and estimate US dividend withholding at the client's treaty rate, US-situs estate exposure for non-resident clients, and the effect of a planned change of residence. A scenario compares the current portfolio with a proposed one, such as a US-domiciled ETF against an Irish UCITS equivalent, without changing actual holdings. Each figure states its source and assumptions, and the product does not make buy or sell recommendations.

Reviews are generated as PDF snapshots under the firm's name, with adviser commentary kept apart from the analysis, and a costs page prepares annual MiFID II costs and charges statements. Statements from 15 brokers, including Interactive Brokers, Schwab, Saxo, DEGIRO and Swissquote, are read by dedicated parsers; other statements go through an extraction model and are reviewed before confirmation. The service is run by Steffan Kharmaaiarvi as an individual entrepreneur registered in Tbilisi, Georgia, and shares its engines with the Borderfolio investor app. Plans are priced per firm, from $149 a month for one adviser.