Direct Indexing & Separately Managed Accounts: Maximizing Tax Efficiency
Direct Indexing & Separately Managed Accounts: Maximizing Tax Efficiency
Explore strategies to optimize tax outcomes
Assets in tax-managed SMAs soared to more than $500 billion in 2024, up 67% from 2022. The vehicle isn’t the only one to see growing popularity as asset managers look for ways to minimize capital gains taxes across portfolios.
Separately managed accounts have one big advantage over tax-managed mutual funds and ETFs.
FIn this report, Morningstar researchers examine the continued growth of direct indexing and other tax-management services.
Our latest research explores the rapidly growing universe of SMAs and direct indexing offerings. Direct indexing is by far the most popular form of tax management, but other investments like model portfolios, fixed income, and active stock separately managed accounts are expected to grow quickly.
Financial advisors are constantly looking for ways to enhance clients’ portfolio performance and this report delivers insights into how to leverage strategies to optimize for tax efficiency.
What's Inside:
What's Inside:
- An in-depth analysis of the growing popularity of Direct Indexing and SMAs.
- Insights into how asset managers are innovating to offer better tax management solutions.
- The rising trend of unified managed accounts and its implications for holistic tax management.