As an investor, you pay taxes on capital gains you make from investments in personal or joint accounts. Whether you pay these taxes now or later, all gains will eventually be taxed.

With the new portfolio update, some clients may be realizing these gains (i.e. paying tax on capital gains) earlier than anticipated. Our belief is that the expected performance improvements in our new portfolios far outweigh the potential benefits of tax deferral. In advance of the new portfolio introduction, our team has reached out to clients with significant capital gains in their portfolio to make sure they are aware they may realize gains.