Taxes can be one of the biggest expenses for investors. In fact, minimizing your tax expenses is as important as minimizing your investment management expenses, and doing so can help increase the odds of achieving your financial goals. Implementing efficient tax strategies touches nearly every corner of wealth management, from managing your investments to planning for your retirement to leaving the legacy you want.

Are my retirement accounts as tax efficient as possible?
How can I minimize the effect of taxes on my estate plan?
How can I best marry the tax benefits I receive with my charitable giving?
How can I stay up-to-date with the latest tax rules and regulations?

One pillar of evidence-based investing is the minimization of taxes. Your advisory team continually looks
for ways to implement tax-efficient strategies throughout your comprehensive wealth plans. These are
some of the ways we accomplish this:

Help you save as much as possible for retirement by analyzing the efficiency of your savings plans.

Look for opportunities in the portfolio to offset realized capital gains and lower taxes. We monitor this year-round — not only at the end of year — to ensure you don’t miss out on opportunities.

Help with optimal tax strategies for Roth conversions and choosing the most appropriate retirement savings plans, such as traditional or Roth IRAs and 401(k) plans.

Place investments strategically across savings vehicles (taxable, tax-exempt and tax-deferred accounts) to lower your overall tax bill.

Create and implement a plan to help increase your odds of having enough money in retirement in the most tax-efficient manner possible.

Review tax returns in order to properly plan and be aware of any changes in tax situations.

Leverage the knowledge and experience of advisors who stay current on tax law changes and collaborate with practitioners in the field to better serve your overall wealth management plan.