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@lucaannibale Precisely, the wealth management firm doesn’t have the data to be able to ensure a correct ACB calculation. This is why it’s left to the client to calculate.

@resjudicata Some of the expensive ones like RBC Wealth Management point out in their docs that the ACB is solely the responsibility of the client and any provided ACB is strictly for “informational purposes” and may be wrong due to the client’s specific tax situation.

@66bookssss They do automated rebalancing and investment decisions based on the client’s risk profile. It’s unusual for a portfolio manager to calculate the acb for a client although I imagine it does happen somewhere.

@66bookssss I had thousands of these one year :) 186 is under an hour’s work once you get the swing of things.

@66bookssss This is pretty normal, use https://www.adjustedcostbase.ca/