WealthTech on Deck’s Post

You don’t achieve tax alpha with one swing of the bat, said this week’s guests on WealthTech on Deck.   Rather, it requires continuously applying time-tested practices like asset location, rebalancing, and tax harvesting across all the accounts in an investor’s portfolio. And to do that, advisors need strong technology in their bullpen. Mark Hoffman and Paul R Samuelson of LifeYield talked with host Jack Sharry about tax-smart, multi-account portfolio management, and technology to help advisors quantify its benefits to clients, even skeptical ones. Addressing advisors, Samuelson said: “The real opportunity in looking at all the household assets is that you're going to be able to pick up some of the client accounts that have been unmanaged or very poorly managed. And so it’s both an opportunity for the advisor, (and) it's a real service to the clients.” https://lnkd.in/dPp6cbEy

Platform builders and wealth management leaders know it: Single account is the past. Multi-account, tax-smart financial advice is the future.   To figure out how to reach that future, firms turn to this week’s guests on WealthTech in the Weeds with host Jack Sharry:   · Charles Smith of EY says the time is now for firms to dig into the work necessary to prime their advice platforms for multi-account tax optimization, including asset location and tax-smart withdrawals.   · Mark Hoffman of LifeYield says there’s a big gap today between what clients think they’re getting from financial advisors and what most advisors can deliver.   https://lnkd.in/eXjQZHBQ

Platform builders and wealth management leaders know it: Single account is the past. Multi-account, tax-smart financial advice is the future.   To figure out how to reach that future, firms turn to this week’s guests on WealthTech in the Weeds with host Jack Sharry:   · Charles Smith of EY says the time is now for firms to dig into the work necessary to prime their advice platforms for multi-account tax optimization, including asset location and tax-smart withdrawals.   · Mark Hoffman of LifeYield says there’s a big gap today between what clients think they’re getting from financial advisors and what most advisors can deliver.   https://lnkd.in/eXjQZHBQ

Did you know the wash-sale rule can silently erode investment gains? At intelliflo, we're changing that narrative. Our automated solutions are helping US advisors turn tax optimization from a specialized offering into a fundamental component of modern wealth management. Thrilled to be part of a team that's setting new standards in the industry. Discover more in this article by my colleague, Jennifer Valdez:

💡 Robo-Advisors vs. Human Advisors: The Future of Financial Advice 💡 With the rise of robo-advisors, the financial advice industry is at a turning point. Are we seeing the end of traditional financial advisors, or is there still a place for human expertise? Explore the pros, cons, and what this means for the future of wealth management. 🤔📈 👉 Dive into the full analysis: https://lnkd.in/dziEbPzh #FinancialAdvice #RoboAdvisors #WealthManagement #InteractiveCrypto #FutureOfFinance

Avoid These 5 Common Pitfalls in Wealth Transfer Wealth transfer can be complex and challenging, and it’s essential to get it right to ensure your wishes are honored and your legacy is protected. This latest blog post for Synovus covers these 5 common pitfalls in the process and offers practical strategies to navigate them: 1. Failing to Plan Early: Start early to minimize tax liabilities and ensure your assets are distributed according to your wishes. 2. Not Considering Tax Implications: Strategic tax planning is key to reducing wealth transfer costs. 3. Overlooking Family Communication: Clear communication fosters trust and prevents disputes. 4. Not Updating Documents: Life changes; so should your estate plan. 5. Relying Too Much on One Advisor: You need a team of advisors to help you with this enormous task. Diversify your expertise to ensure comprehensive planning. As a wealth education authority, The Financial Communicator helps wealth management firms craft strategic content that educates and drives impact. Need help brainstorming ideas for your wealth management content? Send a DM to discuss how we can collaborate. 👉 Read the full post for more insights (link in first comment). #WealthTransfer #FinancialPlanning #WealthManagement #EstatePlanning

Imagine how much better your life could be if ALL of your financial needs were met within one group. 🌟 No more juggling multiple providers or wasting time searching for the best service. Picture a world where your loans, investments, and financial planning are all seamlessly integrated. That world exists with me. With Nectar Finance Group, you'll enjoy: ✅ Simplified financial management ✅ Personalised service ✅ Competitive rates across all products ✅ Cutting-edge digital tools ✅ Expert guidance every step of the way Allow me to help you experience financial freedom. Reach out and let's make and impact on your financial future! 💰 #NectarFinanceGroup #FinancialFreedom #Fintro #Tax #Finance

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Scaling a #wealthplanning value proposition across multiple jurisdictions is a challenge. We want the wealth organizations that use Abbove to guide their clients in wealth strategies, no matter where they live in #Europe. Here’s how we are achieving that. Read the interview of Abbove's CEO, Guillaume Desclée, for more insight! #taxplanning #estateplanning #wealthtech SIMULABOX

Tomorrow is the big day! Stay tuned as we drop some exciting news on how we are driving wealth tech transformation and moving #ForwardTogether. Did you know? We offer specialized solutions in wealth management, tax compliance and regulatory reporting. Watch this space for more informative updates. #FinancialServices #SuperchargingProgress #WealthManagement