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General Manager Kiley Miller explains how tax implications don’t have to hold clients back from transitioning to an SMA.
General Manager Kiley Miller explains how tax implications don’t have to hold clients back from transitioning to an SMA.
by Kiley Miller
Transitioning legacy portfolios can be messy for some clients because of the many tax implications. However, many clients would benefit from a portfolio that is personalized to their unique values and risk appetite. So how can advisors support their clients’ transition to a more aligned portfolio without hitting them with a big tax bill on the way? General Manager Kiley Miller covers how our platform supports this transition without the need for hyper-manual handling by an advisor.
Some key takeaways from Kiley:
- Built-in tax smarts: Our platform was built with advisors in mind, which is why it includes features designed to help clients transition into personalized portfolios without triggering large tax bills.
- Simpler Transitions: We can systematically sell down ETFs, mutual funds, or concentrated positions over time—aiming to leverage tax loss harvesting and available losses to minimize capital gains taxes.
- Hands-off for advisors, high-impact for clients: Advisors don’t need to manually manage these transitions—our tech handles the process, making it easier to deliver personalized, values-aligned portfolios without sacrificing tax efficiency.
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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.