Quorus

John Hill, CFA says "any dollar that is taxable should be tax managed." Amen. His company, Quorus, is a direct indexing software vendor operating at the intersection of active management and tax management, serving the unique needs of asset managers building out a separate account business. He cut his teeth at Vanguard, where he noticed a shift from funds to separate accounts for all the usual things I write about: tax optimization, customization, etc. What he noticed before many others is that active managers face a handful of challenges passive managers don't: chunky portfolios, higher turnover, and a customer hellbent on keeping their bets in the portfolio. We got into the weeds recently. Here's a clip. --- blog.taxalphainsider.com for all things taxable portfolio management

Can a tax management program generate tax alpha for concentrated, active strategies? The short answer is yes. In our most recent blog post, Quorus portfolio manager Kyle Birmingham, CFA, digs into tax management in concentrated active portfolios and why there is still the opportunity to generate tax-alpha for clients. Link to blog: https://lnkd.in/esnC2QX7

We’ve just given Quorus's marketing site a fresh new look! Our redesigned site is more than just a facelift; it’s a reflection of our commitment to making your experience smoother, clearer, and more engaging. Whether you're just getting to know us or have been a client for years, we’ve made it easier than ever to find the information you need. Thank you to the team at 17 Mile Media, who helped bring our vision to life. Check it out and let us know what you think! Your feedback is always valued. www.quorus.io

ICYMI: Quorus' recent webinar on tax-managed SMAs is now available on demand! ❇ Can active strategies generate tax alpha on par with direct indexing? ❇ How should financial advisors consider using tax-managed SMAs in their practice? Listen in as Quorus's Head of Portfolio Management, Kyle Birmingham, CFA, and CEO John Hill, CFA® discuss Quorus's recent research paper on tax-managed active portfolios, tackle these questions, and more. Access the webinar here: https://lnkd.in/e9Ys-kuf For financial professionals only.

WEBINAR TODAY: Join Quorus Head of Portfolio Management Kyle Birmingham, CFA and CEO John Hill, CFA, as they discuss Quorus's recent research paper on tax-managed active portfolios. 📅 Wednesday, July 31st at 2:00 pm ET / 11:00 am PT Learn more and register here: https://lnkd.in/eMM8saxg

More than 75% of investment managers do not have a direct indexing offer; however, 📈 SMAs are the fastest-growing product category, according to Cerulli   💵 Tax-managed SMAs can improve after-tax returns by over 1% for the right clients*   🤝 Expanding beyond pooled products can deepen relationships with financial advisors   If you’re not in the game yet, now is the time to develop an authentic SMA strategy that builds on what your firm does best. Direct indexing gets most of the hype, but the benefits of tech-enabled SMAs aren’t unique to passive strategies. Tax-loss harvesting, gains deferral, and intelligent rebalancing can enhance active strategies, too. https://lnkd.in/epa3UhA4 *The benefit of tax management varies based on client-specific attributes and market conditions. Tax-loss harvesting is beneficial when losses can offset capital gains and defer tax payments. For tax alpha estimates, see An Empirical Evaluation of Tax-Loss-Harvesting Alpha by Chaudhuri et al. or Tax-Loss Harvesting: An Individual Investor’s Perspective by Khang et al See important disclosures here: https://lnkd.in/eJyHzte5

Can active strategies generate tax alpha on par with direct indexing? How should financial advisors consider using tax-managed SMAs in their practice? Join Quorus's Head of Portfolio Management, Kyle Birmingham, CFA, and CEO John Hill, CFA®, as they discuss Quorus's recent research paper on tax-managed active portfolios, tackle these questions, and more. 📅 Wednesday, July 31st at 2:00 pm ET / 11:00 am PT Learn more and register here: https://lnkd.in/eMM8saxg For financial professionals only.

Can active strategies generate tax alpha on par with direct indexing? How should financial advisors consider using tax-managed SMAs in their practice? Join Quorus's Head of Portfolio Management, Kyle Birmingham, CFA, and CEO John Hill, CFA®, as they discuss Quorus's recent research paper on tax-managed active portfolios, tackle these questions, and more. 📅 Wednesday, July 31st at 2:00 pm ET / 11:00 am PT Learn more and register here: https://lnkd.in/eMM8saxg For financial professionals only.

Can active strategies generate tax alpha on par with direct indexing? How should financial advisors consider using tax-managed SMAs in their practice? Join Quorus's Head of Portfolio Management, Kyle Birmingham, CFA, and CEO John Hill, CFA®, as they discuss Quorus's recent research paper on tax-managed active portfolios, tackle these questions, and more. 📅 Wednesday, July 31st at 2:00 pm ET / 11:00 am PT Learn more and register here: https://lnkd.in/eMM8saxg For financial professionals only.

Can active strategies generate tax alpha on par with direct indexing? How should financial advisors consider using tax-managed SMAs in their practice? Join Quorus's Head of Portfolio Management, Kyle Birmingham, CFA, and CEO John Hill, CFA®, as they discuss Quorus's recent research paper on tax-managed active portfolios, tackle these questions, and more. 📅 Wednesday, July 31st at 2:00 pm ET / 11:00 am PT Learn more and register here: https://lnkd.in/eMM8saxg For financial professionals only.