Tax Management Generates 1.57%/ Year in Tax Savings for 10-Sector ETF Portfolio
Cambridge, MA — July 11, 2014 — Smartleaf researchers ran a 5-year backtest, from 2008 to 2013, of a 10-sector ETF portfolio, with and without tax management. The tax-managed account reduced taxes by more than 1.57% / year for the investor with 35% short-term and 15% long-term capital gains rates, which are representative of the combined federal and state marginal tax rates for married couples with more than $75,000/year in income.
In simple terms: our tax-managed portfolio has resulted in significant tax savings per year for a medium income investor over the course of five years.
For details, please see our tax management page or contact us for more information. Your clients could see the same expert tax management and saving results.
About Smartleaf
Smartleaf helps wealth management institutions grow by streamlining the way they manage customized investment accounts. We offer an overlay portfolio management solution currently used to oversee more than $50 Billion in assets.
At the firm level, Smartleaf is a tool for rapidly distributing and implementing investment ideas. At the account level, it automates customized rebalancing to free portfolio managers from manual tasks. Unlike other portfolio management solutions, Smartleaf provides proactive trade recommendations for every account, along with daily metrics to help managers identify opportunities to add value.
Banks using Smartleaf have lowered the dispersion of their investment accounts by 60%, reduced client tax burden by more than 75% and implemented their investment ideas up to 10 times faster.
Smartleaf makes managing personalized and tax-optimized portfolios simple and scalable. So simple and scalable that you can:
- provide every client of every size the highest levels of customization and tax management.
- work with direct indexes as easily as working with ETFs.
- free your advisors to spend zero (yes, zero) time rebalancing and trading portfolios.
- document for each client their taxes saved or deferred, demonstrating your value.
Contact us to learn more about Smartleaf and tax management at scale.
Gerard Michael
President
Smartleaf, Inc.
g.michael@smartleaf.com
P: 617-491-5445
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