Smartleaf Asset Management (SAM) to sub-advise Choreo, LLC, Choreo Tax Advantage™ portfolios
- Editor
- Mar 4
- 1 min read
Whats Happening:
Smartleaf Asset Management, LLC (SAM) has announced a strategic partnership with Choreo, LLC. SAM will serve as a subadvisor managing the daily review, rebalancing, and trading of Choreo's Tax Advantage™ accounts. This collaboration aims to provide Choreo advisors with automated tax-optimized portfolio management at the household level, enhancing efficiency and client service.
Key Moves:
SAM partners with Choreo to manage Choreo Tax Advantage™ accounts
SAM to provide daily portfolio review, rebalancing, and trading services
Collaboration enables tax-optimized portfolio management at the household level
By The Numbers:
SAM's service is 50% - 100% more effective than year-end-only loss harvesting
Advisors can create tax-optimized transition plans in seconds, previously taking hours
SAM supports per-account security, ESG, and religious value screens
Key Quotes:
"For most firms, the level of personalization and tax optimization they provide clients is bounded by operational limits. For Choreo, there are no operational limits – the only constraint is the best interests of the client," - Jerry Michael, Smartleaf Asset Management President
"Choreo serves as the investing affiliate of CPA firms. It follows that their tax management has to be second to none."
Bottom Line:
The partnership between SAM and Choreo represents a significant advancement in automated tax-optimized portfolio management. By leveraging SAM's technology, Choreo can offer clients enhanced personalization and tax efficiency while freeing up advisors to focus on client relationships. This collaboration sets a new standard for tax management in wealth advisory services.
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