AssetMark announced Tuesday the launch of its new tax management services program meant to help advisors more efficiently engage in planning activities that include tax loss harvesting and efficient tax transitions.
According to an announcement from the firm, the new tax management services are aimed at driving better outcomes on taxable assets through a personalized and user-friendly process for both advisors and clients.
David McNatt, head of investment solutions at AssetMark, points out that advisors have long sought a robust tax management solution, and the firm has been providing services in this domain for some time. However, he says, the new service approach will help advisors more efficiently tailor portfolio strategies for each of their clients' financial goals, risk tolerance and tax sensitivities.
