Whether your clients retreated to cash during the recent economic turmoil or simply withheld further investment dollars, hopefully it won’t be long before they decide to get back into the market.
So where should that next investment dollar go?
Obviously you will follow your usual client risk profile and review existing asset allocation in assembling your recommendation to your client. So that’s the “what”, but what about the “where”?
One of the most important decisions to be made about investments is the type of account into which a security or portfolio is placed and held. While a broad range of issues should be reviewed in deciding among accounts, here are some key tax considerations to inform that process.
Of course any analysis will depend on the purpose for which the investor is saving. For a more in-depth review of relevant issues, we have developed two tools to assist in this analysis:
Our Investment Account Type Comparison InfoCard – An expansion of the above grid into over two dozen tax, legal and estate considerations
Our Investment Account Type Comparison InfoPage – A narrative of the core features of each account type, including a review of the most common head-to-head comparisons
And don’t forget our Tax and Estate InfoService if you have further questions, or are just looking for a sounding board for your analysis.