Bivio Valuation not matching broker valuation

Dawn R Glessner on

Our January '07 valuation is off because the market price
from our broker (TDA) does not match the price per share
from bivio. How do we handle this situation?

Rip West on

Dawn,

Different data sources often have different results for market values as of a specific date. One is no more correct than the other. Is the difference significant? If not, I suggest that you ignore it. If the difference is significant, you might want to check with other sources, of which there are many on the internet. If, indeed, it does turn out that bivio is wrong, and you want to correct it, you will probably have to go to the trouble of making the security in question, an unlisted security and manually entering a market price.

Another thing to consider is how much difference does it actually make. The year end valuation is probably not used for anything that is going to throw your records off. If units have been awarded based the values as of the year end, it could make a difference, but probably not a material one.

Rip West
Saint Paul, MN

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