Managing Nested Portfolios for Combined Net Worth Tracking

Nested portfolios enable efficient tracking and collaboration of multiple assets while maintaining privacy and control.

### Managing Nested Portfolios for Optimal Net Worth Tracking
* 📊 Nested portfolios enable the tracking of multiple portfolios separately while linking them for a **combined net worth overview**.
* 🔗 This structure allows for **collaboration and sharing specific portfolios** with chosen individuals, enhancing **privacy and control over asset visibility**.
* 🏢 For example, a portfolio tree can include a holding company and a subsidiary, allowing for **distinct net worth tracking** while maintaining **connections between them**.
* 👥 When working with an advisor, assets can be moved to a **dedicated advisor-managed portfolio**, ensuring the advisor has access **only to those assets**.
* 👶 Additionally, a trust portfolio can be created for a child, allowing for **view-only access** while still being part of the **main portfolio**.
* 💰 By linking personal and partner portfolios to a family portfolio, users can easily view their **combined net worth and assets** across all portfolios.
* 📈 The system also accommodates **ownership percentages in joint ventures**, ensuring **accurate financial reporting and cash flow tracking**.
* 🔄 Overall, the portfolio tree structure facilitates **organized management of assets**, enabling users to **adapt their portfolios based on ownership and collaboration needs**.

hi this is UMES, the co-founder of Kua. By now, we already know how to set up a portfolio in Kua, like for example, how to add assets, how to organize them into sheets and sections based on how you want to see them in your portfolio. Once you have added everything, how to go to the asset details, to see for example, this is a brokerage, so this is where you come to see the Holdings, your value history, your returns tab where you have your cash flow and IRR, and more flags for reporting. Once that's done, you have your dashboard where you can see the aggregated numbers, like net worth, assets, cash on hand, and your charts, and recap is where you go to see more reports on how your asset values changed over time, and fast forward where you can put a bunch of rules to your portfolio and see how things are going to change in the future. You can invite other users like your family members or assistants to collaborate on your Kua account in my

case I have shared my account with my partner. We both have our own portfolios in this account that we manage separately. Today, we are going to focus on how you can have multiple such portfolios based on ownership and entity and track their own net worth, and at the same time link them up to see their combined net worth. In Kua, we call them nested portfolios. Nested portfolios also give me granular access control of my portfolios. So, instead of sharing my account and giving access to all my portfolios, I can create a portfolio and share it with just one person for better collaboration and privacy. So, let's start with the example of having a business portfolio that I want to track separately. So, here I have created two portfolios called holding company and subsidiary because I want to track their net worth separately, but now in this case, I want the sub-assets in the subsidiary portfolio to be part of the holding company. So, let's see how I can link this portfolio, subsidiary portfolio, to the

holding company portfolio. So, I go to the holding company portfolio. So, see I have some assets here: Tesla, Apple, and some other assets. And if you go to subsidiary, you can see that I have some Amazon shares, Apple shares, and some other assets in subsidiary. Now I go back to holding company, and I click on ADD asset link another portfolio, and then hit on subsidiary. And I can link the subsidiary portfolio to this one. So, now my total assets of the holding company has gone up. Uh, and uh, if you go to recap, you can see that it now shows assets from the subsidiary portfolio in my net worth report. And now if you go to the portfolio tree, you can see all your portfolios at the root level. Uh, but you can see that subsidiary portfolio is linked to the holding company, and there is no restriction in how deep you can go. Subsidiary can have its own subsidiary, and so on. Okay, now let's take the example of another portfolio, which is a business that I run in partnership with a friend of mine, Joe, which also has some assets that I

track um separately for this business, but actually, this portfolio should be part of my holding company portfolio, so I would like to add that portfolio to this, so it got added. But like I told you, I run this business in partnership with my friend, so what I have to do is I have to go and enter my ownership as 50%. Hence, the value gets corrected. Now I'll enter the cash flow for this asset. So, on 1st Jan 2020, there was an initial capital investment of 1 million, and by 31st March 2024, the business has generated an income of $250,000. So, in plain English, I run a business in partnership with Joe. I track the balance sheet of that business in another portfolio in Kua along with Joe, which means half of the net worth of that portfolio should belong to my holding company. So, what I did was I linked that portfolio to my holding company portfolio, entered my ownership, and then the cash flow so that I can see an IRR. Now I know if my

business has been profitable compared to passive investing in an index. Let's go back to the portfolio tree, and now you can see that both my subsidiary and my real estate business with Joe are linked to the holding company. Okay, now let's take an example of an advisor-managed portfolio. So, let's say I have a few assets in my main portfolio that are managed by an adviser, and we want to collaborate on those assets, but I don't want the adviser to see the rest of my assets. So, what I have to do is I have to now move some assets from my main portfolio to another portfolio that I will specifically share with my adviser. To do that, I have to go to my main portfolio. I have a sheet where I've kept all the assets that are managed by my adviser. What I'll do is I'll move them to this new portfolio called advisor-managed, but what I'll do is I'll add, I will link that portfolio back to my main portfolio so that those assets are

still part of my main portfolio. Now, what I'll do is I'll go to the other portfolio called advisor managed, where I have all the assets managed by my adviser. I can now invite the adviser to this portfolio by entering his information and sending an invite so that we can collaborate on this portfolio with total privacy. See, now going back to the portfolio tree, I can see that my advisor managed portfolio is linked to my main portfolio called Clark. So, I've told you that my advisor managed portfolio is shared with my advisor fully to collaborate on that, but now I have another portfolio which says, which is called trust for my kid. This portfolio I want to share it with my kid only for viewing, not for collaboration, and also should be part of my main portfolio. So, that's what we are going to see next. So, I'll go to this portfolio called trust for kid, and I click on share and invite my kid, but only with view permission. And at the same time, I go to my main portfolio, maybe I'll create a

new sheet and then link that portfolio to my main portfolio so that those assets are also part of my main portfolio. Again, going back to the portfolio tree, you now have two portfolios linked to your main portfolio. Now what I want is to link the holding company also to my main portfolio. So I'll go here and click on the holding company, and it is linked. Now when we go to the portfolio tree, you can see that my holding company, which has two other portfolios linked to it, is also part of my main portfolio. Now here I have my own portfolio and my partner's portfolio, but for me to see our combined net worth, I have to link both these portfolios to a family portfolio, right? So that's what I'm going to do now. I am in the family portfolio. I'll first link my own portfolio, Clerk, and then I add my partner's portfolio, and that's when I get our combined assets and the combined net worth. If you go to recap, I can see all the assets across all my portfolios in one place. Now when I go back to the

portfolio tree. I can see the new structure of my portfolios. So, to summarize, nested portfolios allow me to have multiple portfolios that I want to track net worth separately, but at the same time link them up to see their combined network and combined reports across all the portfolios. It also allows me to share a particular portfolio with the people I want to collaborate with or maybe just for viewing purposes.

18 Nested Portfolios for combined net worth, unified reports and granular sharing

Kubera

Kua allows users to create nested portfolios for better tracking of net worth based on ownership and entity.

This feature provides granular access control, enabling users to share specific portfolios with others for collaboration and privacy.

The platform also offers tools to organize assets, view detailed information, and generate reports on asset value changes over time.

The holding company portfolio includes assets like Tesla and Apple, with a subsidiary portfolio also holding Amazon and Apple shares.

The subsidiary portfolio can be linked to the holding company, increasing the total assets and reflecting in the net worth report.

The portfolio tree shows all portfolios at the root level, with the option to create multiple layers of subsidiaries.

Managing Business Ownership and Cash Flow

The portfolio of the business is being added to the holding company portfolio, with a 50% ownership entered.

The business had an initial capital investment of $1 million and generated $250,000 in income by March 2024.

The portfolio is linked to the holding company to track net worth and calculate IRR.

Managing Multiple Portfolios: A Step-by-Step Guide

The user has a main portfolio and an advisor-managed portfolio, which is shared with the adviser for collaboration.

They also have a trust portfolio for their kid, shared only for viewing, and linked to the main portfolio.

Additionally, the user links a holding company and their own and partner's portfolios to a family portfolio, allowing them to see their combined assets and net worth.

Nested portfolios allow for separate tracking of net worth while providing a combined view and reports.

The structure enables collaboration by sharing specific portfolios with others.

Moving assets to a dedicated portfolio for an advisor's management ensures privacy while maintaining a link to the main portfolio.