Feature · what this software actually does
Tax-aware lot selection
Selects lots to satisfy the trade while minimizing realized gains and respecting ST/LT and holding-period rules.
automatedRuns unattended; humans handle exceptions.
Vendors that ship this
Leaders
- Smartleaf
- Envestnet Tamarac
Adjacent
- Orion Advisor Tech
- Blaze Portfolio
- Lifeyield
Build vs buy verdict
buy
Smartleaf set the bar on tax-aware rebalancing; Tamarac caught up. Building this is multi-year work most firms cannot justify.
Skills it exercises
Roles that touch it
Where it shows up in the workflow
- Tax-aware lot selection & wash-sale guarddailyProposed trades respect ST/LT gain limits, holding-period rules, and cross-account wash-sale windows.
Most relevant for
- HNW
- UHNW
- Family Office
Test yourself · topic quizGeneral
Multiple-choice — different from any drill above.
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