We build portfolios out of individual stocks.
Direct indexing, exchange funds, charitable gifting, tax-aware management. Different tools, one problem – too much of your net worth in a single stock.
No single one of them solves it.
Whether your shares are public. What your employer’s policy allows. Which state you file in. Whether you’re giving to charity anyway. Those decide which of these are even available to you – and most people only need two or three.
Tax-Aware Management
We choose which shares to sell and which year the tax lands. A fund makes that call on its own calendar, not yours.
Direct Indexing
We harvest losses across your holdings to offset the gain on company stock. It defers the tax rather than erasing it.
Building Around What You Own
Everything else underweights what you’re already exposed to. Risk falls without selling a share, public or private.
A Selling Schedule Set In Advance
Quarterly, or on every vest, set before there’s a live price on the screen. A 10b5-1 plan if you’re restricted.
Hedging, Where It’s Allowed
A put sets a floor. A covered call trades upside for income. Check your employer’s policy first – many forbid both.
Charitable Gifting
Give appreciated shares to a donor-advised fund at full market value. A charitable remainder trust can add an income stream.
Exchange Funds
Diversify without triggering the gain, in exchange for a seven-year lock. We’ll run the math before you commit.
Tax-Aware Long/Short
Long and short extensions – 130/30, 200/100 and up – keep producing losses long after ordinary harvesting runs dry.
When Your Shares Are Private
You can’t sell or hedge shares in a private company. We diversify everything else and get you ready for the exit.
Smaller accounts, 401(k)s, and most retirement accounts. Low-cost ETFs do the job for less, and we’ll tell you when that’s the answer.
All investments involve risk, including possible loss of principal. Past performance does not guarantee future results. No strategy described here assures a profit or protects against loss. Options and long/short strategies carry additional risks, including leverage and short selling, and are not suitable for all investors. Availability depends on eligibility and your employer’s policies.