Improving SMA Investment Performance: De-Mystifying Tax Efficient Solutions

An increase in the popularity of debt-oriented funds, combined with recent changes to state income tax rates and rules limiting deductions, has led to a reduction in after-tax returns of ordinary income for high-net-worth clients of RIAs—making tax-efficient investment structures critical for safeguarding and growing assets. In this article for Wealth Management, Crown Global Co-Founder and CEO Perry Lerner discusses the benefits of private placement SMAs and how to set up these accounts with minimum hassle.