Schwab to create ‘tax-aware’ strategy that’s been attracting billions from wealthy investors
Summary
Charles Schwab is developing a tax-aware investment strategy to capture rising interest from wealthy clients. Affluent investors have recently poured billions into these advanced versions of traditional tax-loss harvesting accounts.
Wealthy investors are flocking to tax-aware long short strategies, adding billions into these super-powered versions of tax-loss harvesting accounts.
Source: Read the full story at US Top News and Analysis
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