At Tate, we combine our deep knowledge in both accounting and wealth management to deliver tax-efficient investment strategies tailored to your unique financial goals. Our integrated approach is designed to help you minimize your tax burden while maximizing growth potential, ensuring that more of your wealth works for you.
Tax-efficient investing focuses on strategically managing your investment portfolio to first maximize performance based on risk tolerances and secondarily minimize tax liabilities. With the right planning, it’s possible to optimize your asset allocations, time your gains, and leverage tax-advantaged accounts in ways that reduce taxes over the long term.
We bring expertise in tax law and financial planning to each investment decision, so you can rest assured that your wealth strategy aligns with both your growth goals and tax minimization objectives.
Smart Asset Location
We carefully select which types of investments belong in tax-deferred or taxable accounts. Placing income-generating assets, like bonds, in tax-advantaged accounts and growth-oriented investments, like stocks, in taxable accounts can help reduce taxable income in the short term and potentially increase returns over time.
Customized Portfolios Designed For Tax Optimization
Direct indexing is an innovative investment strategy that allows you to replicate the performance of an index by directly holding the individual stocks within that index, rather than investing in a traditional mutual fund or ETF. This approach offers a level of customization and tax efficiency that standard index funds cannot match, making it especially valuable for investors seeking greater control over their portfolios.
One of the primary advantages of direct indexing is the ability to engage in tax-loss harvesting—selling individual securities that have declined in value to offset gains elsewhere in the portfolio. This can reduce overall taxable income and improve after-tax returns.
Tax Loss Harvesting
During times of market volatility, we apply tax loss harvesting to capture losses that can offset gains elsewhere in your portfolio, effectively reducing capital gains taxes. This strategy helps you balance your tax obligations while keeping your investment goals on track.
Capital Gains Management
Timing matters when it comes to realizing gains. Our approach emphasizes long-term investment, where feasible, to take advantage of lower long-term capital gains tax rates. For clients requiring cash flow or portfolio rebalancing, we strategically manage asset sales to minimize tax impact.
Maximizing Tax-Deferred and Tax-Free Accounts
We prioritize contributions to tax-advantaged accounts, like IRAs, 401(k)s, and Roth IRAs, where appropriate, allowing your wealth to grow with less tax impact. Our team advises on Roth conversions and other tax-smart moves that can lead to significant tax savings over time.
Qualified Charitable Distributions (QCDs) and Donor-Advised Funds
For clients with charitable intentions, we offer strategies such as QCDs, where IRA withdrawals can be donated directly to charities tax-free. We also help set up and manage donor-advised funds for more flexible, tax-efficient giving.
Retirement Distribution Planning
Taking distributions in retirement can have complex tax implications. We develop a tax-efficient withdrawal plan, ensuring you meet required minimum distributions (RMDs) while minimizing the tax impact.
By partnering with Tate, you gain a dedicated team of CPAs and wealth management experts who look at your complete financial picture. We continuously monitor changes in tax law and adjust strategies as needed, so you stay on top of opportunities and potential savings.