Tax Strategy
Most people find out what they owe in April. We think about the tax implications of every investment decision throughout the year so the number in April is one you planned for, not one that surprises you.
Start the conversationTax planning and investment management belong in the same conversation.
The problem
Many advisors manage your investments in one conversation and send you to your CPA for another. The two rarely talk to each other. The result is a portfolio that performs well on paper but leaves significant after-tax return on the table.
I've seen this play out consistently over 17 years. Clients with competent CPAs and competent advisors who never speak. Tax decisions made in isolation from investment decisions. Investment decisions made with no awareness of their tax consequences. It's one of the most common and most avoidable sources of wealth erosion I know of.
"The return on your portfolio is what you keep, not what you earn. Tax strategy is not a year-end conversation. It belongs in every decision we make."James Roberts, Founder, Intentional LLC
Two ways we add value
Ongoing
Tax-loss harvesting, asset location across account types, qualified dividend management, Roth conversion strategies, and timing of capital gains realizations. These aren't tasks we do once a year. They happen throughout the year as markets move and your situation evolves.
The goal is a financial plan that is always tax-aware, not just tax-aware when your CPA asks for documents in March.
Event-driven
Business sales, equity compensation events, large capital gains, retirement account transitions, inheritances. These are the moments where the tax decisions are biggest and the window to plan is often shorter than people realize.
We get involved before these events, not after. The earlier the conversation starts, the more we can do. Learn more about pre-transaction planning.
What we work on
Every client situation is different. These are the tools we reach for most frequently across our client relationships.
Systematically realizing losses to offset gains elsewhere in the portfolio. Done consistently, this is one of the most reliable sources of after-tax return available to investors. Done carelessly, it creates wash-sale violations that eliminate the benefit entirely.
Placing investments in the account type where they are most tax-efficient. Tax-inefficient assets like bonds and income-producing holdings belong in tax-deferred accounts. Tax-efficient assets like index funds belong in taxable accounts. Aggressive growth assets belong in Roth accounts, where that growth compounds and comes out entirely tax-free. Three distinct buckets, each with a different tax purpose. Getting all three right is one of the most consistent sources of after-tax return we build into every client portfolio.
Identifying the right years and the right amounts to convert traditional IRA assets to Roth. The goal is to fill lower tax brackets strategically over time, reducing the long-term tax burden on retirement assets before RMDs force the issue.
ISOs, NSOs, RSUs, and ESPP shares all carry different tax treatments and require different timing strategies. We work with clients to plan the exercise and sale of equity compensation in a way that avoids unnecessary concentration and minimizes tax exposure.
Donor Advised Funds, Charitable Remainder Trusts, and qualified charitable distributions from IRAs can significantly reduce taxable income in high-income years. We incorporate these into the broader tax plan because charitable intent and tax efficiency aren't mutually exclusive. Particularly relevant for business owners approaching a liquidity event.
For clients with large capital gains events, qualified opportunity zone investments can provide significant deferral and potential exclusion benefits when structured correctly and held for the appropriate period. The window to act is tied to the gain event, not something to evaluate later.
How we work
We don't prepare tax returns. That's your CPA's job, and a good one deserves to stay in that lane. What we do is make sure the investment and planning decisions made throughout the year are ones your CPA can work with effectively.
In our experience, the most expensive gaps in tax planning aren't mistakes made by the advisor or the CPA individually. They're the decisions that fall between the two conversations that never happened. We close that gap.
What coordination looks like
"A referral from a CPA or estate attorney is one of the relationships I take most seriously."
If you are a CPA, estate planning attorney, or M&A advisor with clients approaching a significant financial event, I am happy to be a resource. My role is to complement your work, coordinate around it, and make sure nothing important falls through when the planning crosses disciplines. I work with a small number of referral relationships intentionally. The goal is depth, not volume.
Start a conversationWho this is for
For high-income and high-net-worth individuals, taxes are often the single largest drag on long-term wealth accumulation. A proactive tax strategy built into your financial plan, not bolted on after the fact, makes a real difference over time.
If your current advisor isn't talking to you about taxes throughout the year, that's a gap worth closing.
Common Questions
The questions below cover the tax planning topics that come up most frequently with high-net-worth individuals, business owners, and executives.
Start planning
The decisions that affect your tax bill are made throughout the year. The more of them we're involved in before they happen, the better the outcome. Schedule a conversation with James.
Start a Conversation30 minutes. No pitch. No pressure.