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APERIO DIRECT INDEXING

Aperio Direct Indexing

For 20+ years, we have been a leader in the direct indexing space, specializing in personalized, tax-managed equity separately managed accounts (SMAs).
Are you a Financial Advisor? Contact an SMA specialist Are you a Financial Advisor? Contact an SMA specialist

Enhance the power of loss harvesting with our long/short strategy

Aperio continues to innovate with new applications for personalized SMAs. Aperio’s Long/Short SMA strategy can be thought of as an extension to a traditional long-only portfolio. By combining long and short positions, the strategy aims to enhance the use cases of long-only tax-managed SMAs by providing additional loss-harvesting opportunities in both up and down markets. Some of the most popular applications are:

The case for tax-managed equity SMAs

Direct indexing is a form of passive investing that allows investors the opportunity to directly own individual securities. Direct indexing strategies generally seek to track, with some variation, the returns of a benchmark index. Unlike ETFs or mutual funds, owning individual securities gives investors the ability to have more flexibility, creating opportunities for tax loss harvesting and personalization.

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Customization capabilities

Directly owning the individual securities allows investors more room for personalization around their values, investment goals, or different exposures.
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Tax efficiency

Instead of focusing on taxes when it’s too late, tax management is often implemented throughout the lifecycle of the portfolio.
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Room for flexibility

Whether you’re in a concentrated position, looking at charitable gifting, or need other options, direct indexing allows an investor the flexibility to do so.

The Aperio difference

Active tax management

We utilize tax-loss harvesting* in an effort to increase tax alpha, or after-tax returns.

Thoughtful personalization

Our team of values-aligned strategists work with financial advisors to help align their clients’ investment goals with their personal values.

Access to our strategists

Our tax economists and values-aligned strategists act as an extension of your team providing a wealth of knowledge, guiding your clients along their investing journey.

*To fully benefit from tax-loss harvesting, the investor will need to have other gains on their Schedule D (Form 1040) that can be offset by the harvested losses.

25
Years of industry experience
$113
Billion in AUM
21,700
Accounts managed
$4.2
Average account size

*Numbers as of March 31, 2025. Source aperiogroup.com

Tools designed to personalize how you see fit

Our customization menu showcases the different benchmarks, tax management options, tilts, and many other ways our team gets the most out of each portfolio.
Customization at the core Customization at the core
Using our comprehensive Values-Alignment Menu, our team provides a wealth of solutions and options to cater to each investor’s personal values.
Personalize to your values Personalize to your values
Long/Short Factor Tilts SRI Active Tax
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US Large Cap Fact Sheet
US Large & Mid Cap Fact Sheet
Total US Market Fact Sheet
Foreign Developed ex Canada Fact Sheet
Developed World Fact Sheet
Global Fact Sheet
Core Annual Composite GIPS Composite Report
Core Annual Composite (WRAP) GIPS Composite Report

*Strategy offerings are subject to change

High Dividend Yield Fact Sheet
High Dividend Yield – Global Fact Sheet
Domestic Low-Beta Quality Fact Sheet
Domestic Quality Light Fact Sheet
Foreign Developed ex Canada Quality Light Fact Sheet
Value-Tilted Global Fact Sheet
Factor Tilt Annual composite GIPS Composite Report
Factor Tilt Annual composite (WRAP) GIPS Composite Report

*Strategy offerings are subject to change

US Large Cap Aperio SRI Fact Sheet
Total US Market Aperio SRI Fact Sheet
Foreign Developed ex Canada Aperio SRI Fact Sheet
Global Aperio SRI Fact Sheet
SRI Annual Composite GIPS Composite Report
SRI Annual Composite (WRAP) GIPS Composite Report

*Strategy offerings are subject to change

Global 130-30 Quality Value Strategy Fact Sheet
US Large Cap 130-30 Quality Value Strategy Fact Sheet
US Large Cap 140-40 Quality Value Strategy Fact Sheet

*Strategy offerings are subject to change

Explore how we can help advisors optimize client portfolios

BlackRock’s Tax Evaluator tool can assist in identifying tax-loss harvesting opportunities, funds that historically distribute capital gains, and tax-efficient strategies you can use instead.

Access the tool Access the tool

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