Coordinated Tax Efficiency

With a focus on capital preservation, we pay close attention to tax implications when designing private client portfolios. We partner with our clients’ tax, estate planning, and legal advisors, holding regular all-hands meetings to help ensure investment decisions are well-integrated with tax and estate planning strategies.

Case Study – Private Client with Existing Single Stock Position

A private investor with significant holdings in a handful of public technology stocks in a family limited partnership engaged Regis to lower the overall volatility of his portfolio without incurring significant tax liabilities. We first met with each generation to determine risk preferences and liquidity needs. We also met with the family’s tax accountants and estate lawyers to understand the family’s philanthropic and tax planning goals. With their collective input, we created a plan to thoughtfully reduce the family’s exposure to the concentrated stocks. We sold and hedged a material portion while still allowing the family ample upside. We then constructed a portfolio around the remaining positions that reflected each generation’s return and risk goals.