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Unified managed households:
365-degree tax management
A unified managed household approach to tax management looks across all
account registrations to potentially enhance after-tax returns and optimize
withdrawals. This integrated perspective enables tax-smart investment
decisions that consider the unique tax implications across all account types
and holdings.
Industry-leading, multi-account tax technology from SEI automates and
enables the UMH approach. Solutions in the SEI Multi-Account Overlay are:*
• Asset location: Reduces tax drag across a
household portfolio by optimally suggesting
the placement of each holding in the most
tax-efficient account registration, then
quantifies the tax benefit in dollars and basis
points
• Tax harvesting: Scans multiple accounts
to identify opportunities to harvest losses,
defer gains, and manage highly appreciated
positions across all accounts
• Multi-account rebalancing: Rebalance
one or more accounts across a household
portfolio
• Tax transitions: Transition support of
assets from one or more accounts into
desired investment model(s) or manager(s)
with position substitutions and tax budget
preferences
• Tax-smart withdrawals: Executes multi-
account withdrawals while minimizing taxes
through asset location, rebalancing, and tax
harvesting
• Retirement income sourcing: Considers
all investments, sources of income, and
expenses, modeling multiple income-
sourcing strategies over time
• Social Security+: Identifies the optimal
filing strategy with a personalized
retirement income visualization as part of
an overall retirement income strategy
* The full scope of some of the services listed may
not yet be available to advisors.
