A closer look at tax-loss harvesting; a cautionary recruiting tale

TIMING YOUR TAX STRATEGY: The potential benefits of tax-loss harvesting, especially via direct indexing, continue to gain interest across wealth management. A new working paper from 美国哥伦比亚大学商学院 professor slash QuantStreet Capital CIO Harry Mamaysky takes a look at the timing aspect of the strategy, as Chief Correspondent Tobias Salinger reports.?

Read: How the ticking clock affects tax-loss harvesting

EQUITY BLUES: They left Wells Fargo for Steward Partners, lured away in part by the promise of an equity stake in an affiliate at juicy share prices. But as two advisors allege in their lawsuit, those promises didn’t materialize in full. Dan Shaw has the details.??

Read: Recruiting case highlights perils of equity deals

ADVOCATING FOR INVESTORS: Two PIABA presidents (one past, one present) ask why the SEC’s RIA arbitration process seems to prioritize protecting advisors over protecting investors, who can be forced into costly mandatory arbitration. Hugh Berkson and Michael Edmiston offer three steps forward for the SEC.?

Read: The SEC must take action to protect investors from forced arbitration?

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