Simplifying tax conversations for your clients with our head of quantitative investments, Alex Papageorgis.
Simplifying tax conversations for your clients with our head of quantitative investments, Alex Papageorgis.
by Alex Papageorgis and Morgan du Plessix
Navigating the intricacies of tax conversations can be a crucial aspect of any adviser’s relationship with their clients. In this episode of “The Values Conversation,” Relationship Manager Morgan du Plessix is joined by Head of Quantitative Investments Alex Papageorgis to delve into the complexities of tax-related dialogues. From unraveling the intricacies of tax loss harvesting to the growing popularity of Donor-advised Funds (DAFs), this episode zooms in on creating a personalized and transparent approach to tax solutions.
Many advisers face challenges in understanding their client's overall tax situation, but the tax conversation can present an opportunity to tailor more bespoke solutions. Here are just a few of the opportunities we’ve identified:
- Direct indexing can allow for year-round tax loss harvesting opportunities: Tax loss harvesting is a strategic approach to minimize a client's tax bill by offsetting gains with losses in a portfolio. Some advisers hesitate to use this strategy year-round due to the complex infrastructure required. Ethic's technology platform and active tax management capabilities can simplify this cycle of implementation for a more positive client experience.
- Donor-advised Funds (DAFs) offer unique opportunities: DAFs are gaining popularity for their tax benefits, providing a vehicle for charitable giving and utilizing appreciated securities. DAFs can align portfolios with client values while offering tax advantages.
- Year-round management: Advisers can bridge the gap between sustainability and tax by revisiting conversations throughout the year, not just annually. Regular conversations offer transparency and the ability to adjust strategies in tandem with client priorities more nimbly.
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Please see additional Tax-Loss Harvesting Disclosures here
Ethic Inc. is a Registered Investment Adviser located in New York, NY. Registration of an investment adviser does not imply any level of skill or training. Information pertaining to Ethic Inc’s registration or to obtain a copy of Ethic Inc.’s current written disclosure statement discussing Ethic Inc.’s business operations, services and fees is available on the SEC’s Investment Adviser Public Information website – www.adviserinfo.sec.gov or from Ethic Inc. upon written request at support@ethicinvesting.com. Information provided herein is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Any subsequent, direct communication by Ethic Inc. with a prospective client shall be conducted by a representative of Ethic Inc. that is either registered or qualifies for an exemption or exclusion from registration in the state where a prospective client resides. Information contained herein may be carefully compiled from third-party sources that Ethic Inc. believes to be reliable, but Ethic Inc. cannot guarantee the accuracy of any third-party information.
Ethic Inc. does not render any legal, accounting, or tax advice. Ethic Inc. recommends all investors seek the services of competent professionals in any of the aforementioned areas. Ethic Inc. cannot provide any assurances that any investment strategies, simulations, etc. will perform as described in our materials. ALL INVESTMENTS INVOLVE RISK, ARE NOT GUARANTEED, AND MAY LOSE VALUE. BE SURE TO FIRST CONSULT WITH A QUALIFIED FINANCIAL ADVISER AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY STRATEGY.