Individuals & Families

Client Needs & Life Events

Managing Taxes

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Often overlooked, taxes can significantly impact your income and investment results, affecting the long-term values of your investment portfolios and estate.

Planning for taxes can be an important factor in keeping more of the assets you worked hard to build. It can also have significant impact on your current and future income and tax bill.

Areas of current concern may include:

  • How to structure your investment portfolios in the most tax-efficient manner
  • How to build an estate plan to transfer your wealth with tax-efficiency
  • How to keep more of your income after-taxes
  • How to tax-optimize your savings, distributions and legacy

When working with your Janney Financial Advisor and our financial planning professionals you can develop a plan to manage your taxes now and in the future to help reduce the likelihood of them becoming a burden.

Tax Planning
Tax planning can help to reduce taxes on current investment income, minimize eventual estate taxes and help you to save more efficiently. It can also help you to position your business for tax-efficient transfer, providing:

  • Cash flow and net worth projections
  • Tax projections

Tax-Efficient Strategies
Our experienced Financial Advisors, working with Janney’s team of tax planning specialists, can help you design investment strategies that can help control your personal and business taxes including:

  • Tax-Loss Harvesting  - helps you plan when losses should be taken on your holdings to best offset income and other gains to your advantage for the tax year
  • Tax-Lot Accounting Techniques - helps you determine which shares to liquidate, ultimately helping you to reduce taxes by managing capital gains and losses
  • Legislation and Tax Code - gives you access to investor communications from our market, financial planning and tax experts that can help you stay abreast of any changes that could affect your assets and estate
  • Qualified Retirement Plans - specifically for business owners, strategies to help reduce taxable income, increase tax-deferred retirement savings or take advantage of tax-free Roth 401(k) options, if appropriate

Tax-Efficient Investments
Once your Financial Advisor helps you to establish a tax-efficient plan, investment solutions may include: 

  • ETFs and Index Mutual Funds  Have a passive-management style and low portfolio turnover and typically tend to be more tax-efficient than many actively managed portfolios, with lower management costs
  • Tax-Managed Mutual Funds  Have a specific goal of employing tax strategies within the fund to limit annual distributions and, thereby, lowering their annual tax cost to their investors
  • Municipal Bonds (Munis)  Offer income that is free from federal, and in some cases, state taxes
  • Annuities  Offer the opportunity for tax deferral outside of retirement accounts for those who wish to save more efficiently 

Contact your Janney Financial Advisor to get started.

IRS Circular 230 Disclosure: Janney Montgomery Scott LLC, its affiliates, and its employees are not in the business of providing tax, regulatory, accounting or legal advice. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.