Last year, the average client of SAM users saved or deferred taxes equal to 1.68% of the value of assets that were actively tax-managed.1
The total taxes saved in 2023 was $13,615,148.36.
SAM's parent company, Smartleaf, Inc., conducted a study in cooperation with Altium Wealth Management, a user, like SAM, of Smartleaf's automated tax-optimization system. The study sought to answer the question “what percentage of accounts had tax savings or deferrals greater than their fees?"
The answer: 68% of their accounts saved or deferred more in taxes than paid in fees, with that number rising to 90% on a dollar-weighted basis. Read the full case study here.
To learn more about our tax management functionality, don’t hesitate to contact us. Find more information about SAM's Estimated Taxes Saved or Deferred Report and broader tax management functionality here.
