Brokerage Statement to Analysis In 30 Seconds

A brokerage statement is the periodic account report a custodian sends to show what a household owns and what happened in the account. It typically includes account registration, positions, quantities, market value, cash balances, cost basis, realized gains and losses, and recent transactions. Advisors use it to understand the current portfolio before building a recommendation.

Start with the account summary, then review the holdings table for positions, quantities, market value, allocation, and cost basis. After that, look at transactions, cash movement, realized gains and losses, and any account-level notes or restrictions. Investipal automates that reading process by identifying those sections and converting them into structured data advisors can analyze right away.

A brokerage statement is an account snapshot and activity report, while a 1099 is a tax form used to report dividends, interest, proceeds, or other taxable activity to the client and the IRS. Advisors often need both, but they serve different purposes. The statement scanner is built first for portfolio review and proposal prep, not as a replacement for tax filing workflows.

The scanner accepts PDFs, JPEGs, PNGs, and most common image formats. It works with digital PDFs from custodians as well as scanned or photographed documents. If a file can be uploaded, Investipal can process it.

Investipal's AI achieves 99% accuracy on standard brokerage statements. The system automatically validates ticker symbols against market data and flags any uncertainties for quick human review. Advisors always have the chance to verify and adjust before running analysis.

Investipal supports 100+ custodians including Schwab, Fidelity, Vanguard, TD Ameritrade, E*TRADE, Interactive Brokers, and more. The system handles taxable accounts, IRAs, 401(k)s, trusts, and even handwritten portfolio lists. If a custodian isn't recognized, the AI adapts to the format.

Yes. After extraction, a clean table of holdings with tickers, quantities, and cost basis is displayed. Advisors can add, remove, or adjust any position before running the analysis. This gives full control while still saving hours of manual entry.

All documents are encrypted in transit (TLS 1.3) and at rest (AES-256). Investipal is SOC 2 Type II certified and follows bank-level security protocols. Documents are processed in secure, isolated environments and can be automatically deleted after extraction based on firm retention policies.

Once holdings are extracted, Investipal automatically builds a comprehensive portfolio analysis including asset allocation, sector concentration, risk metrics (Sharpe ratio, standard deviation, beta), and performance attribution. Advisors can then compare to existing models, build proposals, or export to CSV.

Absolutely. Held-away asset aggregation is one of the primary use cases. When prospects bring brokerage statements from accounts at other custodians not yet managed, the automated scanner extracts data from those PDF statements instantly, providing visibility into the full financial picture so advisors can build comprehensive proposals.

Most statements process in 20-40 seconds depending on length and complexity. A typical onboarding with 3-4 accounts takes 2-3 minutes total, versus 2-3 hours of manual entry. Complex statements with 50+ holdings might take 60 seconds.