Callan Family Office has introduced a technology-enabled tax overlay management program aimed at helping advisors deliver better after-tax returns for wealthy families.
The tax overlay system is based on the technology of Aris Investing LLC, a configurable investment technology platform provider, in which Callan Family Office has taken a strategic equity stake.
The program empowers Callan Family Office's investment partners to make personalized, tax-aware trading decisions in client portfolios within their current workflows instead of outsourcing portfolio implementation to third-party asset managers that have only a partial view of clients' assets.
This gives clients greater control over the size and timing of capital gains taxes in th]eir portfolios and optimizes outcomes across complex ownership structures, according to the announcement. The tools also help with related tax-loss harvesting efforts.
