About this episode

This episode explores advanced tax strategies for high earners and retirees, focusing on direct indexing, tax-loss harvesting, and trust planning.

This episode of Money Matters explores advanced tax strategies that go beyond traditional investing to help high earners and retirees maximize efficiency, reduce taxes, and create smarter, more tax-efficient income streams. With Pat out this week, Scott and Allworth advisor Mark Shone break down how strategies like direct indexing, long/short investing, and tax-loss harvesting can unlock new opportunities—especially for those with larger, more complex portfolios. Plus, Scott and Allworth’s Head of Private Wealth Strategies, Simone Devenny, dive into trusts, from simple living trusts to more sophisticated estate planning tools. What You’ll Learn: -How direct indexing works—and when it can outperform traditional index funds -Strategies to generate tax losses and offset future gains -Smart ways to manage concentrated stock positions -How options strategies can help increase portfolio income -The key differences between revocable and irrevocable trusts (and when to use them) Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by…

People in this episode

Host: Scott Hanson

Guests: Mark Shone, Simone Devenny

Topics covered

• advanced tax strategies
• direct indexing
• trust planning
• tax-loss harvesting
• portfolio management
• estate planning

Keywords

• tax strategies
• direct indexing
• tax-loss harvesting
• trusts
• portfolio income
• estate planning

Mentioned in this episode

Organizations: Allworth Financial

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