Issue link: https://resources.envestnet.com/i/1527485
Envestnet's tax management solutions are designed to help advisors optimize after-tax returns for their clients' investment portfolios while also helping to minimize tax liabilities. These tax overlay services are customizable solutions that can be tailored to the specific needs and preferences of each client and can be applied to a wide range of investment vehicles, including separately managed accounts, within unified managed accounts and fund strategist portfolios. The tax overlay services provide many potential benefits for financial advisors and their clients. First, the service can help improve after-tax returns by utilizing a range of tax management techniques, such as tax-loss harvesting, gain-loss matching, gain deferral, and tax-efficient trading. By helping to minimize tax liabilities and optimizing investment returns, these tax management services can help clients achieve their financial goals more quickly and effectively. Over 15 years' experience managing capital gains within Unified Managed Accounts (UMAs) Patented UMA risk optimization process Ability to manage portfolios to customized client/account-specific mandates Dedicated support team *As of 9/30/21 Envestnet I PMC automates tax and impact overlays for more than $10B in assets at over 100 firms* In addition to helping to improve after-tax returns, tax overlay services can also help financial advisors streamline their investment management processes and reduce administrative burdens. The services provide automated tax management functionality that can help advisors monitor and manage their clients' portfolios more efficiently, allowing them to focus on other important aspects of their business. Another potential benefit of the tax overlay services are their flexibility and customization. Advisors can tailor the services to the specific needs and preferences of each client and can adjust their tax management budgets or sensitivities as needed to respond to changing market conditions or tax regulations. The services also provide a range of reporting and analysis tools that can help advisors track and evaluate the performance of their tax management strategies over time. We can offer the potential advantages of customized tax-managed overlay solutions while still adhering to a client's risk and return objectives. This helps to ensure that tax considerations do not dictate or overshadow the client's primary investment strategy. These Envestnet tax overlay solutions represent a powerful tool for financial advisors and their clients looking to optimize after-tax returns and minimize tax liabilities. With its customizable approach, automated tax management functionality, and robust reporting and analysis tools, the Envestnet Tax Overlay service and the Fund Strategist Tax © 2023 Envestnet, Inc. All rights reserved. For one-on-one use for client's Financial Advisor only. 11