Aperio separately managed accounts (SMAs)
The case for directly indexed SMAs
Direct indexing is a form of passive investing that allows investors the opportunity to own individual securities that seek to track returns of a benchmark. Unlike ETFS or mutual funds, owning individual securities gives investors the ability to have more control and flexibility, creating opportunities for tax-loss harvesting and personalization.
Don’t let capital gains stop you
Capital gains should not stop your clients from reaching their investment goals. With a directly indexed Aperio SMA, tax management strategies such as tax-loss harvesting, help create losses that may be used to offset capital gains outside of your portfolio, allowing clients to potentially reach their goals faster.
*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.
Let our numbers speak for themselves
*Numbers as of June 30, 2023. Source: aperiogroup.com
Ready to get started?
Whether new to SMAs or looking for help with a complicated situation, the Aperio team is here to help you get started. Reach out to us today!
Explore more tax-efficient solutions
BlackRock offers access to a range of resources and tools to craft tax-aware portfolios to help you maximize your client's after-tax returns.