A 'K-Shaped' Economy Has Investors On Edge. BofA Says It May Hold Up.

High-net-worth clients want tax-focused advice, but many advisors struggle to demonstrate measurable value. Envestnet’s tax overlay service aims to bridge the gap with automated strategies that seek to eliminate short-term gains, calibrate loss harvesting to individual circumstances, and provide transparent reporting. Erik Preus, Group Head of Investment Solutions at Envestnet, explains how the platform can help advisors scale tax management while maintaining the personalization wealthy clients demand.

By incorporating a charitable lead trust (CLT) into your estate plan you can support the causes closest to your heart now while transferring wealth to your heirs later in a tax-efficient way.