Master your money. From stocks and bonds to real estate and retirement planning, this category provides actionable tips and research to help you grow your wealth.
The Rise of Section 351 ETF Exchanges in Wealth Management Consider the classic tax problem. You buy a stock for $10. It goes to $1,000. You should sell and diversify, because owning a single stock that’s gone up 100x your portfolio is out of balance, but selling triggers capital gains tax, so you don’t sell. … Read more
For investors sitting on highly appreciated assets, a Section 351 exchange is a powerful—but often overlooked—tool. It enables investors to contribute assets in-kind to a newly formed Exchange-Traded Fund (ETF), deferring capital gains taxes while gaining the flexibility and tax efficiency of the ETF structure. Here are the five most common reasons investors use this … Read more
In today’s market, where many long-term investors hold highly appreciated stock portfolios, the prospect of selling to diversify is often met with the potential of a massive capital gains tax bill. A solution has emerged in the form of the Section 351 ETF Exchange, an innovative application of the U.S. tax code that enables investors … Read more
Summary: 2025 has been another banner year for the wealthy, powered by a stock market that continues to outpace the broader economy. As the top 10% see their fortunes swell, a new wave of tax-efficient investment strategies — from ETF conversions to exchange structures — is emerging to manage, and in some cases, defer the … Read more
How 351 tax-deferred exchanges help investors diversify without the capital gains hit The Challenge Every Concentrated Stock Investor Faces Picture this: You’ve held onto company stock for years, watching it appreciate significantly. Now you want to diversify your portfolio, but there’s a problem—selling would trigger a massive capital gains tax bill. What if there was … Read more
The IRS look-through rule makes Section 351 tax-deferred exchanges easier when your portfolio includes diversified ETFs. What Is Section 351? Section 351 allows investors to transfer assets to a corporation (including ETFs) without immediate tax consequences. However, contributed assets must pass the 25/50 diversification test to qualify. The 25/50 Diversification Test For the Section 351 … Read more
The creation and redemption mechanism is what makes ETFs liquid, tax-efficient, and fairly priced—even during market volatility. What Are Authorized Participants? Authorized Participants (APs) are large financial institutions—typically broker-dealers—with exclusive rights to create or redeem ETF shares directly with fund companies. They trade in large blocks called creation units (usually 25,000-100,000 shares) and work with … Read more
Explore comprehensive strategies for using diversified ETF portfolios to weather market storms while maintaining consistent long-term growth
Learn how ETFs provide superior tax advantages compared to mutual funds and discover strategies to maximize your after-tax returns through smart ETF selection.
Mid-market IT leaders face enterprise-level challenges with smaller teams and tighter budgets. From supporting hybrid work to tightening security, traditional desktop setups are feeling the strain. Virtual desktops (also known as Virtual Desktop Infrastructure, or VDI) are em