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Documenting the Value of Tax Management: 2017 Taxes Saved

Our 2017 Taxes Saved numbers are in. Smartleaf clients can document that they saved their clients more than most advisors charge in fees.

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Smartleaf’s account-level Taxes Saved report enables our clients to show the value they’re adding through tax management. Every year, we share the results. Our 2017 Taxes Saved numbers are in. Last year, Smartleaf users saved their clients $239,158,894 in taxes — an average of 1.6% of assets that were actively tax managed. That’s more than most advisors charge in fees. Or, to put this in terms of some of Time’s Best Inventions of 2017, $239,158,894 is equal to

39,859,815 Pints of Halo Top
266,027 Jibo Personal Robots
6,833 Tesla Model 3 

It’s great that our clients did great. But what’s really important is that their clients, individual investors, know it. Each investor can see a Taxes Saved report showing just how much their advisor has saved them in taxes through active tax management, and this documentation of value makes all the difference. Most investors don’t really know how much value their advisors are adding. If their advisor is using Smartleaf, they do.

We realize we’re bragging here — albeit backed with data. And that’s the point. Advisors should brag more, as long as they can prove that they're adding value.

As we shared last year, Winston Churchill supposedly said of his rival Clement Attlee, “He’s a modest man who has much to be modest about.” That’s not what you want your clients to be saying about you. And that’s why we’re proud our clients have so much to be immodest about.


For more on this topic, check out A Guide to Tax Management.


President, Co-Founder