The following table provides a summary of Captools/net features by product level. While we’ve attempted to identify most major features, some may be omitted, either intentionally (lesser significance) or inadvertently (our apologies), and some may be subject to future implementation. Captools Co. reserves the right to modify feature sets and their implementation level at our discretion.
| Captools/net Features by license level (subject to change/correction) | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| General | |||||||
| Desktop PC Independent of Server | No | Yes | Yes | Yes | Yes | Yes | Yes |
| User Levels (Admin + up to 4 user levels) | Admin only | 2 Levels | 2 Levels | 2 Levels | 3 Levels | 4 Levels | 5 Levels |
| User-Level Permission Controls | n/a | Yes | Yes | Yes | Yes | Yes | Yes |
| Windows style interface for data viewing & editing | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Extensive data filtering, sorting & subtotaling capabilities | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Extensive user interface customization capabilities | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Web Browser interface for reporting and admin functions | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Custodian/Clearing Firm Data Import Interfaces (see note #1) | Yes (~12) | Yes(~30) | Yes(~45+) | Yes(~45+) | Yes(~30) | Yes(~45+) | Yes(~45+) |
| Securities Price/Fundamental Data Interfaces (see note #2) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Customizable Data Import and Export Templates (all tables) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Software Support (subject to licensing terms) | |||||||
| Named contact person(s) phone and email support (Captools Co. hours, note #3) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Privacy-protected data extracts for analysis by Captools Co. | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Built-in screen shot email capability | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| User initiated remote diagnostics option | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Client Detail | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Clients by Rep ID | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Family Grouping | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Client Grouping | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Primary, Work, & “Other” Addressing | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Primary, Work, & “Other” Phone, Fax, Email | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Report E-mail, Faxing options & client password | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Client customizable tax rate classification | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Relation/Beneficiary Information Records | No | Yes | Yes | Yes | Yes | Yes | Yes |
| PDF Acro-Form Fill with PDF template tool | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Client Data “Privacy” option (obscures SS#, etc. on display screen) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Account Detail | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Grouping categories (for sorting/grouping, max #) | 2 | 3 | 5 | 6 | 3 | 5 | 6 |
| Benchmark Indices assignable at account level | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minimum Cash & Tax W/H specifications | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Discretionary Specification | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Sales & Income Proceeds & Security Delivery specification | No | No | Yes | Yes | Yes | Yes | Yes |
| Fee Exclusion Option (by $ amount) | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Sub-accounts for custodian account numbers | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Account Note Records | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Portfolio Functionality | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Over 70 transaction codes (supports virtually all security types) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Tax Support (see below for detail) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Computation and accrual of bond interest income | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Automated Amortization of bond premiums/discounts | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Sub-account detail tracking/reporting | No | No | Yes | Yes | No | Yes | Yes |
| Unsettled Shares/Amount tracking/reporting | No | No | Yes | Yes | No | Yes | Yes |
| Portfolio leverage/margin interest tracking/reporting | No | No | Yes | Yes | No | Yes | Yes |
| Short vs. Long detail tracking/reporting | No | No | Yes | Yes | No | Yes | Yes |
| Computation and accrual of dividend income | No | No | Yes | Yes | No | Yes | Yes |
| Computation of accrued income on cash and cash equivalents for ROI | No | No | Yes | Yes | No | Yes | Yes |
| Transaction level strategy tracking/reporting | No | No | No | Yes | No | No | Yes |
| Cash/Margin sub-account tracking/reporting | No | No | No | Yes | No | No | Yes |
| Computation of account credit/debit interest | No | No | No | Yes | No | No | Yes |
| Principal & Interest tracking/reporting for Trust Accounting | No | No | No | Yes | No | No | Yes |
| Futures Contract tracking/reporting | No | No | No | Yes | No | No | Yes |
| Multi-currency portfolio option (extra cost) | optional | optional | optional | optional | optional | optional | optional |
| Currency trading support with multi-currency option (above) | No | No | Yes | Yes | No | Yes | Yes |
| Investment Tax Detail | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Five tax lot methods (Fifo,Lifo,Avg,Avg2,Specific lot) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Automatic and manual tax lot assignment options | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Estimated tax computations to support after tax ROI | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| User-specifiable tax rates at local, state, federal level | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| User-specifiable security and portfolio specific tax rate factors | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Wash sale computations (identical security cases) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minimum IRA withdrawal computation | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Income Reporting by category | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Reporting (see example reports) | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Highly Customizable Reports | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Configurable Headers & Footers (including logos/disclaimers) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Configurable report embedded body text | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Extensive font, color and style controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Extensive report table layout controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Large selection of configurable report charts | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Built-in, easy to use report customization interface | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Available optional third party report customization interface | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Report Templates (# of “Standard Reports”, see Note #4) | 60+ | 60+ | 90+ | 90+ | 60+ | 90+ | 90+ |
| Chart Templates (# of “Standard Charts”, see Note #4) | 40 | 40 | 60+ | 120+ | 40 | 60+ | 120+ |
| Approx. # available report data fields (across all available reports) | 400 | 450 | 580 | 645 | 460 | 580 | 645 |
| Standard Output Formats | PDF,HTML | PDF,HTML | PDF,HTML | PDF,HTML | PDF,HTML | PDF,HTML | |
| Advanced Output Formats | n/a | n/a | Excel | RTF,Excel | n/a | Excel | RTF,Excel |
| Report Emailing (password protected PDFs) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Report Archiving | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Report PDF Inserts (insert static PDF document into report) | No | No | Yes | Yes | No | Yes | Yes |
| Advanced fixed income reporting (Bond income, principal and amort. detail history) | No | No | Yes | Yes + | No | Yes | Yes + |
| Performance Reporting (see example reports) | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Time and Dollar (IRR) Weighted ROIs | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| ROI Before and After Fees | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| ROI Before and After Commissions | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| ROI Before and After Estimated Taxes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Pre-margin ROI | No | No | No | Yes | No | No | Yes |
| Performance composite support (basic) | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Advanced composite support (investment style changes, etc.) | No | No | No | Yes | No | No | Yes |
| CFA-AIMR PPS / GIPS support (see help topic AIMR/GIPS Compliance) | partial | partial | full | full | partial | full | full |
| Performance Benchmarks | |||||||
| Max Reportable Benchmarks/Account | 5 | 8 | 8 | 8 | 8 | 8 | 8 |
| Static Synthetic Indices (user defined mix of other indices) | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Dynamic Synthetic Indices (% mix can change over time) | No | No | No | Yes | No | No | Yes |
| Static Model Portfolio Performance | No | No | Yes | Yes | No | Yes | Yes |
| Dynamic Model Portfolio Performance | No | No | No | Yes | No | No | Yes |
| Management Fees & Billing | |||||||
| Multiple fee classes and rates | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| % of Value Fee methods (beginning, avg., ending, advanced) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Fee Layering option | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Partial period and deposit/withdrawal adjustment options | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minimum fee and service charge options | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Per security fee discount/premium factors | No | No | Yes | Yes | No | Yes | Yes |
| Per account fee discount/premium factor | No | No | Yes | Yes | No | Yes | Yes |
| Per account value or security exclusions | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Multi-account (e.g. family) billing (with optional bill-to account) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Incentive fees (with hurdle and high water mark options) | No | No | Yes | Yes | No | Yes | Yes |
| Fee billing invoice report | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exportable fee summary for custodial import | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Model Portfolios | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| By Security | No | Yes | Yes | Yes | Yes | Yes | Yes |
| By Security Group,Class,Style &/or Currency | No | No | Yes | Yes | No | Yes | Yes |
| By Client, or Family | No | No | Yes | Yes | No | Yes | Yes |
| Portfolio Rebalancing (across user specified accounts) | |||||||
| Swap Trades (includes Buy only and Sell only options) | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Rebalance to model portfolio | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Minimum Buy/Sell amounts, quantities, and/or percents | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Minimum hold period option | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Rebalance Securities by Account | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Rebalance Securities &/or Sec. Classes by Acct. or Client | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Rebalance Securities, Security Classes, &/or Groups by Account, Client or Family | No | No | Yes | Yes | No | Yes | Yes |
| Rebalance Securities, Security Classes, Groups, Styles &/or Currency by Account, Client, Family, Account Group or Client Grp. | No | No | No | Yes | No | No | Yes |
| Block Trade Allocation (by acct value or avail. cash or margin) | No | No | No | Yes | No | No | Yes |
| Optional Features Available (additional fees may apply) | |||||||
| Multi-Currency Portfolio Management (15% surcharge) | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Pooled Funds Accounting (aggregate method see fund accounting documentation) | No | No | Yes | Yes | No | Yes | Yes |
| Private Partnerships, LLC’s, or Private Funds | No | No | Yes | Yes | No | Yes | Yes |
| Trust Fund Accounting (with P&I tracking) | No | No | No | Yes | No | Yes | Yes |
| Hedge Fund Accounting (with incentive fees) | No | No | Yes | Yes | No | Yes | Yes |
| Surcharges per block of 25 sub-accounts: $300 w/o incentive fee, $500 with incentive fee | |||||||
| Recommended System | |||||||
| Operating System (MS Win 7 or 10 or MS Server 2012/later) | XP Pro/Win7 | XP Pro/Win7 | XP Pro/Win7 | XP Pro/Win7 | Server 2003/2008 | Server 2003/2008 | Server 2003/2008 |
| Data Base (MS-SQL Express included, MS-SQL Server requires extra licensing) | MSSQLE | MSSQLE | MSSQLE | MSSQLE | MS-SQL | MS-SQL | MS-SQL |
| Minimum RAM Memory | 2 GB+ | 2 GB+ | 2 GB+ | 2 GB+ | 3 GB+ | 3 GB+ | 3 GB+ |
| Server Grade Machine Recommended | No | Optional | Optional | Optional | Yes | Yes | Yes |
| License Pricing (base configuration, US$) | Personal Wealth Mgr | Pro/1 | Pro/2 | Pro/3 | Pro/4 | Enterprise | Enterprise/3 | Enterprise/4 |
| Trial (includes setup, 60 days for Pro/90 days for Enterprise) | $100 | $100 | $100 | $150 | $200 | $300 | $400 | $500 |
| Annual License Fee | $600 | $1500 | $2400 | $3600 | $4800 | $5000 | $6000 | $7000 |
| Licensed Capacity (Base configuration, prices subject to change) | ||||||||
| Base number of users (see note #5) | 1 | 1 | 3 | 4 | 5 | 10 | 10 | 10 |
| Max number of users (see note #5) | 1 | 1 | 5 | 5 | 9 | 100+ | 100+ | 100+ |
| Base number of accounts (see note #6) | 20 | 100 | 300 | 400 | 500 | 1000 | 1000 | 1000 |
| Base number of securities (see note #7) | 3000 | 5000 | 9000 | 12000 | 15000 | 20000 | 20000 | 20000 |
| $/additional user/year (100 accounts/additional user included) | n/a | n/a | $700 | $800 | $900 | $475 | $575 | $675 |
| $/additional account/year (avail. in min. blocks of 100) | n/a | n/a | $8.00 | $9.00 | $9.50 | $5 | $6 | $7 |
Additional functional detail is available in Captools/net “Help documentation“.
Notes
1) Many commonly used institutional custodian interfaces are available at lower program levels, lesser used interfaces at higher levels. Institutional type data feeds are generally only available to qualified investment professionals, such as RIA’s, and to very substantial customers. Data download methods vary with custodian and often involve use of software provided by the custodian for a fee. Contact your custodian for eligibility, costs and technical details. More details on interfaces by custodian are provided in Custodian Data Interfaces.
2) Security pricing and data are downloadable from several sources. Download of security pricing and other data from Yahoo (or other non-toll public source) is supported subject to availability and user qualification versus the terms of the data provider.
3) Captools Co. business hours are generally 8:00am to 3:00pm Pacific Time, Mondays-Thursdays and to 2pm Fridays on most U.S. market days. Exceptions are some Fridays preceding holiday weekends, the days preceding Thanksgiving and Christmas, and most Fridays from mid-May to first week in September, subject to change. Support is provided on an as available, non-warrantee basis and is not a component of the licensing fees. Call-in and email support is limited to pre-designated named contact persons, with additional contact persons and change of support contact persons subject to additional licensing fees. Additional fees may be charged for support of multiple installations or reinstallations of the Captools/net Server Suite within the licensee’s annual renewal cycle. Captools Co. reserves the right to withhold support at its own discretion.
4) Report count includes about 20 fund accounting reports and about 5 fund accounting charts at the program levels 3 and 4. Counts also include optionally available multi-currency reports (about 3) and charts (about 6). See Reports_by_Level for a PDF document enumerating report and report field and chart availability by program level.
5) Base # of users is the number of users permitted by licensing terms and maximum number of end-user computers supported by software at the specified program base level without regard to concurrency. Additional users can be added by moving to higher program level or through payment to add users to license up to the indicated “Max # of Users”. Licensees with more than 5 concurrent users may find that they will need to additionally license MS-SQL Server software from Microsoft at the appropriate user level in order to obtain optimum database performance. MS-SQL Server software will also be required for users with databases exceeding 1 GB per data table or exceeding 2 GB overall. The “Max # of Users” is not a fixed number but depends upon hardware configurations and user loads. Multiple CPU’s may be used to increase the maximum number of users that can be practically supported. Users to be provided phone or email support must be designated by the licensee, with additional “support” users beyond the first subject to additional licensing/renewal charges.
6) Base # of accounts is the maximum number of account records supported at the indicated license level without additional cost. Additional accounts can be added by moving to a higher program level or through payment to add accounts in blocks of 100 up to 2000 accounts and 200 account blocks between 2000 and 4000 accounts, and larger blocks above 4000. Adding users also adds accounts at 100/user. There are generally one or more account records required per client, where there generally be one account record for each brokerage account. Taxable and non-taxable accounts always require separate records. Pooled funds accounts (level 3/higher) count as an account if not already linked to an account record. Pooled fund sub-accounts limits are separate from regular account limits and are billed at their own separate rate (please call for quote).
7) Base # of securities is the maximum number of securities supported in the securities tables. Higher levels available for fee.
8) Captools/net is a licensed product, subject to renewal and subject to terms of use agreed to by licensee at time of installation, updates and renewal. Example licensing terms are provided here, however these may be modified and/or supplemented by additional terms in licensee written declarations at time of license purchase or renewal. Captools Company reserves the right of final determination as to the minimum program level it will license to a prospective licensee or renew an existing licensee.
9) Captools/net requires certain system configurations such as Microsoft IIS installation and IIS Anonymous Authentication. Users who modify these settings or allow IT consultants to modify such settings on their server after initial Captools/net installation such that Captools/net operation is disabled may be charged a support surcharge by Captools Co. to restore operation.
10) Pricing quoted above applies to first time licensees for their initial year and subsequent second year renewal. Later renewals may be subject to pricing changes. Some features and pricing may be grandfathered for some existing long term licensees in consideration for their product loyalty.
11) The “Personal Wealth Manager” version of Captools/net is available only to non-professional money managers. Its features are similar to the “Pro-1” but with a limitation of a maximum of 20 accounts, no institutional custodian interfaces and no management fee computation or email reporting functionality. PWM users who need more accounts must upgrade to a higher program level.
