How Portfolio Advantage Works
Clients often own numerous assets scattered across different types of accounts. Usually, no one has ever tried to coordinate their tax implications.
With Portfolio Advantage, you simply determine the asset allocation that best fits your clients’ goals and risk tolerance.
Then, LifeYield's state-of-the-art technology—fully integrated with your own environment—looks through every asset in every account, and completes hours of optimization calculations in just seconds.
The result is a tax-smart asset location plan—placing assets with high tax rates in tax-advantaged accounts, and using taxable accounts for assets with low tax rates.
What Portfolio Advantage can do for you
Gain a competitive edge
by offering a valuable service before it’s available through other advisors
by performing optimization calculation in seconds instead of hours
Keep clients on track
through continuous optimization whenever a household’s overall portfolio allocation changes—as when cash is invested or withdrawn, or markets move
Encourage clients to consolidate more assets with you
to reap additional tax savings
Generate more leads
with tools to engage and refer investors