Losing Concentration: Exiting Large Stock Positions in a Tax-Efficient Way
Since wealth tends to be created by entrepreneurs who embrace concentrated risks, prospective clients of financial advisors often hold appreciated stock positions that they wish to sell down in a tax efficient way. In this white paper for investment advisory professionals, we will discuss our approach to managing the tax-efficient diversification of such outsized positions toward a desired target portfolio.
BKLN White Paper Series | Q4 2023