Our top blog posts of 2023: a study on the tax efficiency of direct indexes vs comparable ETFs, our 2022 Estimated Taxes Saved or Deferred Report, SAM announces new Asset Manager Partnership Program.
Our top blog posts of 2023 include a study on the tax efficiency of direct indexes versus comparable ETFs, our 2022 estimated taxes saved or deferred report, and the launch of SAM’s Asset Manager Partnership Program. We’ve compiled them here.
1. We Estimate that Direct Indexes Are 3 to 5 Times More Tax Efficient Than ETFs
We ran a simulation to measure the loss harvesting tax efficiency of direct indexes compared to ETFs. The result? Direct indexes were 3 to 5 times better. We also dive into why direct indexes are better at tax loss harvesting and gains deferral.
2. 2022 Estimated Taxes Saved or Deferred Report
Each year, SAM reports the total amount in taxes saved or deferred by the clients of SAM users. In 2022, the average client of SAM users saved or deferred taxes equal to 2.86% of the value of assets that were actively tax-managed.
3. Smartleaf Asset Management, LLC Announces New Asset Manager Partnership Program
A press release announcing the launch of SAM’s Asset Manager Partnership Program (AMPP). The program enables asset managers to go beyond offering product to providing wealth advisors with personalized and tax-optimized investment solutions.
Thank you for an exceptional year. We are grateful for your readership and your feedback. Please let us know your thoughts here, including any topics you’d like to see us cover in 2024. Your thoughts and opinions are greatly appreciated.
