Tax Efficiency

Portfolio Management

We seek to minimize the realized income taxes to our clients by maximizing the length of the holding period of the securities held in taxable accounts (non-retirement accounts) and incorporating the use of various tax-hedging strategies.

Financial & Estate Planning

We coordinate planning efforts with a client's accounting and legal teams to assist in minimizing various taxes to the client's heirs upon death. The proper structuring of beneficiary designations and an attention to the realization of a "stepped-up" cost basis at death on appreciable assets are two examples of greater tax efficiency achieved through sound financial and estate planning

Our firm measures success by the achievement of high after-tax rates of return on the portfolios we manage measured over prolonged five-year periods.