(Reuters) - Asset manager T. Rowe Price filed for an actively managed crypto exchange-traded fund on Wednesday.
By Arasu Kannagi Basil in Bengaluru
Editing by Shilpi Majumdar
(Reuters) - Asset manager T. Rowe Price filed for an actively managed crypto exchange-traded fund on Wednesday.
By Arasu Kannagi Basil in Bengaluru
Editing by Shilpi Majumdar
The “lockup” narrative around direct indexing suggests tax benefits vanish after initial loss harvesting. Jerry Michael, President of Smartleaf, dismantles the myth by showing how direct indexes can deliver tax efficiency across every client milestone—from onboarding legacy positions to withdrawals, charitable giving, and rebalancing. The issue isn’t whether direct indexes work long term; it’s whether advisors understand tax management beyond loss harvesting alone.
The US economy added 119,000 positions in September, data from the Bureau of Labor Statistics showed Thursday.