Midyear Portfolio Checkup: What High-Net-Worth Investors Should Review in July
A midyear portfolio checkup is a structured review you run around July to confirm your asset allocation still matches your goals, capture tax-planning opportunities while six months remain to act, and adjust for any income, estate, or market changes since January. For investors with substantial assets, this halfway point offers enough runway to make meaningful moves before the December scramble. July arrives with most of the year's financial picture finally visible....
Capital Gains Strategies for High-Income Investors Before the Year Gets Away From You
For high-income investors, capital gains planning is one of the few year-end exercises that can move the needle on a tax bill by tens or hundreds of thousands of dollars, and the window for action narrows quickly as December approaches. The federal long-term capital gains rates of 0%, 15%, and 20% sound straightforward on paper, but layered on top is the 3.8% Net Investment Income Tax, state-level taxes, and the...