Will the consolidated statement reflect the tax basis choices of client accounts?

Overview: 

Clients have the ability to select one of three tax basis methods, First in First Out (FIFO), Last in First Out (LIFO) and Max Losses.  The method selected will affect the P&L values which are posted on the statements.

In an advisor structure, where the advisor has the ability to create a consolidated statement, those P&L values posted will properly reflect the tax basis choice as these calculations are done independent of how a statement may be viewed.