Once you set up your clients’ Tax-Coordinated Portfolios, we will look across all of your clients’ long-term investing accounts held at Betterment for Advisors and automatically reorganize which assets are held in which accounts.
We’ll place the least tax-efficient assets in your clients’ tax-advantaged accounts (IRAs and 401(k)s), which already have big tax breaks. Then, we’ll place the most tax-efficient assets in your clients’ taxable accounts.
We do this in a way that keeps your clients’ overall allocations the same, while working to help boost their after-tax returns. You can read more about how we do this in our white paper.
For more information on our estimates and Tax-Coordinated Portfolio generally, see full disclosure here.
