At Beese Fulmer Private Wealth Management, we believe successful wealth management requires a holistic approach that integrates investment decisions with effective tax strategies. By collaborating with your team of financial professionals—CPAs, estate attorneys, and other advisors—we ensure your portfolio is optimized for both growth and tax efficiency. Our active portfolio management approach allows us to develop customized tax strategies that help you maximize after-tax returns while preserving your wealth.

Strategic Tax Management: A Coordinated Effort

Managing taxes is essential for high-net-worth individuals looking to protect their wealth. At Beese Fulmer, we incorporate advanced tax strategies directly into our portfolio management process and work closely with your CPA and estate attorney to ensure a unified approach.

Our key strategies include:

  • Tax-Loss Harvesting: Selling investments at a loss to offset gains elsewhere and reduce taxable income. We coordinate with your CPA to ensure this aligns with your tax strategy.
  • Tax Gain Harvesting: Realizing gains at favorable times to benefit from lower tax rates. This strategy is most effective when planned alongside your tax advisor.
  • Specific Lot Identification: Selecting specific securities to minimize tax impacts during portfolio adjustments, a process we align with your overall financial plan.

For more information on these strategies, visit our guide on the Top 10 Tax and Wealth Strategies for Maximizing After-Tax Returns.

Collaborating with CPAs and Estate Attorneys to Maximize Wealth

We understand the importance of working in harmony with your existing financial team. By collaborating with your CPA and estate attorney, we ensure that your tax strategies and estate plans are synchronized with your investment approach.

Our active collaboration helps avoid conflicts between different aspects of your financial plan. When implementing tax strategies like Tax-Loss Harvesting or Tax Gain Harvesting, we coordinate with your CPA to ensure these moves fit into your overall tax strategy. Similarly, we work with your estate attorney to align your investments with your estate planning objectives, ensuring tax efficiency across your financial landscape.

For a deeper understanding of our collaborative process, explore our article on Tax Strategies for CPAs and Estate Attorneys Through Active Portfolio Management.

Active Portfolio Management: The Key to Reducing Tax Liabilities

At Beese Fulmer, we believe that active portfolio management is essential to reducing tax exposure and enhancing after-tax returns. Unlike passive strategies, active management allows us to continually adjust your portfolio to capture opportunities that improve performance and tax efficiency.

This approach enables us to:

  • Minimize tax liabilities by carefully timing sales and strategically managing gains and losses.
  • Maximize after-tax returns by adapting your portfolio to current market conditions.
  • Respond to changing tax laws and regulations to ensure your investments remain compliant and tax-optimized.

Our active management integrates with your CPA to create a tax-efficient plan that optimizes your wealth across all financial fronts.

Realized Gains Management: Preventing Large Tax Liabilities

We closely monitor realized gains to minimize tax exposure and prevent unexpected tax liabilities. By strategically spreading gains over multiple years, we help manage your tax bracket and reduce your tax burden. This process is done in close collaboration with your CPA to ensure it complements your broader tax strategy.

Additionally, we work with your estate attorney to ensure that your realized gains align with your estate planning goals, allowing us to reduce taxes while preserving your wealth for future generations.

A Fully Integrated Approach to Wealth Management

At Beese Fulmer, we pride ourselves on providing comprehensive, conflict-free wealth management. By integrating our expertise in portfolio management with the specialized knowledge of your CPA, estate attorney, and other trusted professionals, we deliver a holistic plan that prioritizes both performance and tax efficiency.

Our transparent, proactive approach ensures that every decision we make is designed to help you achieve your long-term financial goals. By working together with your team of advisors, we create a unified strategy that addresses all aspects of your financial life, from investments to taxes to estate planning.

Trust Beese Fulmer to help you build and protect your wealth with an integrated, tax-efficient strategy tailored to your needs.