Tax-loss harvesting is an increasingly popular strategy for mitigating tax impacts. This practice allows a portfolio manager to offset taxable gains from a prior sale by selling a security at a loss and then using the proceeds to buy a comparable security. Incurring the loss minimizes the overall year-end tax impact on the investor’s portfolio while replacing the stock maintains the desired exposure. Discover the tax loss harvesting workflow within Genesis portfolio management, where we showcase the robust features and workflows that support effective tax-loss harvesting, helping professionals maximize their clients' investments.
Speaker
Tim Duffy
Sr. Manager of Solutions and Consulting, SS&C Advent