So today is TAX DAY and the tax department team in our firm have a couple suggestions for you to be aware of for your future.
Most people are surprised by capital gains from mutual funds despite the funds not being all that profitable during the past year. Most funds have pent up gains from years ago that get distributed without notice late in the year and make offsetting more challenging. If you have too many funds, have a platform of funds/ETFs and you do not know what you own - give us a call as we have a specialized analysis tool that may help you gain some clarity. Also, if your targeted, optimized, tactical fund is not actually any of those over-sold marketing names - give us a call too.
Our approach is simple, straightforward and transparent - know what you own and why!!! Our focus on your success is second to none. Our synergistic value of Tax and Wealth Management teams working in tandem only help you gain more clarity and direction on your portfolios.
Need more?!? Ring us today 262-456-3535 and ask Lexi to schedule over analysis consultation.