What is the Ellevest Tax Minimization Methodology (TMM)?

It’s our method of strategically reducing your taxes where possible to create tax savings for you. The Ellevest Tax Minimization methodology works in two ways:

  1. Your personalized investment portfolio may include a combination of accounts that are taxable right now, and accounts for which taxes are deferred until a future date. We place securities that limit your taxes, like tax-efficient municipal bonds, into your taxable accounts. Other securities that are less tax-efficient, such as corporate and government bonds, are placed in tax-deferred retirement accounts.
  2. When your accounts need rebalancing, we maximize your taxable losses and minimize your taxable gains whenever possible.

Please note, however, that our TMM strategies are not intended, nor should they be construed as, specific tax advice.

 

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