Tax loss harvesting is a great technique to reduce taxable income. The ideal candidate would be one in a high taxable income situation with a large amount of short term gains that need to be offset before year end. A direct indexing SMA can help client rebalance through out the year with low tracking error.
Tax loss harvesting is a great technique to reduce taxable income. The ideal candidate would be one in a high taxable income situation with a large amount of short term gains that need to be offset before year end. A direct indexing SMA can help client rebalance through out the year with low tracking error.
Got a Matthews Emerging Market mutual fund im going to be happy to jettison for a tax loss, what a clunker.