RESEARCH: The role of tax-managed separate accounts in active portfolios
Introduction to Quorus's tax management solution designed for active investors.
Can active strategies generate tax alpha on par with direct indexing? How should financial advisors consider tax-managed SMAs in their practice? Quorus's new white paper tackles these questions and more.
Taxable portfolios require additional care from financial advisors to balance returns, risk, and tax efficiency. This balancing act is particularly challenging for active portfolios where turnover is fundamental to delivering a manager’s intended alpha signals.
Quorus' new paper explores the efficacy of tax management on actively managed portfolios. It offers advisors a framework for considering when and how to deploy tax-managed active separately managed accounts (SMAs).
Access the report here: Link to Report
Disclosures
All investing is subject to risk, including possible loss of principal.
Quorus Inc. ("Quorus," "we," or "our") is an investment adviser registered with the Securities and Exchange Commission ("SEC"). Registration does not imply a certain level of skill or training.
The material presented is for informational purposes only and should not be construed as investment advice. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular security, strategy, or investment product. Investing in securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing in these materials should be construed as personalized investment advice, which can only be provided in one-on-one communications.
Tax-loss harvesting and tax-aware management seek to improve after-tax outcomes but do not guarantee any tax result, and their effect depends on a client's individual circumstances, including tax rates, holding periods, and other activity in the client's accounts. Quorus does not provide tax or legal advice. Clients should consult their own tax and legal advisers.
The paper referenced contains hypothetical and backtested analysis. Hypothetical and backtested results have inherent limitations, do not represent trading in actual client accounts, and are not a guarantee of future results. Hyperlinks to third-party content are provided for convenience and are not an endorsement of that content.
A copy of Quorus's current Form ADV Parts 2A and 2B, which contain important information about our advisory services, fees, and disciplinary history, is available upon request.