Axxcess Enhanced Strategies are oriented towards larger taxable investors facing high income taxes, large unrealized capital gains, or those with impending liquidity events. Our strategies are best suited for portfolios ranging from $3 to $300 million.
Stock options and equity compensation can create significant wealth, but they can also introduce challenges that traditional portfolio strategies weren’t designed to solve. Large concentrated positions, embedded capital gains, and high marginal tax rates can make it difficult to diversify without triggering meaningful tax consequences.
This is one of the reasons Axxcess Wealth developed Enhanced Portfolio Strategies — an approach designed to help advisors and investors manage complex portfolios where taxes, concentrated holdings, and equity compensation play a larger role.
Enhanced strategies go beyond traditional long-only investing by integrating tax-aware portfolio construction directly into the investment process.
Tax-managed long/short strategies
Understanding how tax benefits can be accelerated through a change in portfolio structure can help address the unique and complex challenges of taxable investors—addressing both current income as well as capital gains.
Systematic tax-loss harvesting
Retail investors now have the ability to implement tax-loss harvesting strategies that were previously available only to the wealthy, allowing them to now capture tax alpha in ways that weren’t possible with traditional investment vehicles.
Portfolio structures designed to offset capital gains and income taxes
The direct index structure is enhanced by introducing a long-short approach to not only increase the gross dollar amount, but accelerate the ability to harvest losses in any market environment.
So much so, that nearly the entire investment can be turned into capital gain offsets that can be used against other taxable events—all while growing along with the overall market.
As markets rise and fall, losses are harvested on both the long, and short sides of the index. For each individual security and tax lot in a portfolio, intra-year volatility becomes a tailwind.
Customized allocations aligned with each client’s broader financial plan
The benefits and ‘use cases’ are numerous and include using the tax benefits to offset other unrealized gains in your estate including Appreciated Stock, Real Estate, or an upcoming Liquidity Event. Axxcess has numberous Managers available on our platform, allowing investors to customize their strategy.
ENHANCED WEALTH ARCHITECT
Deron McCoy
CFA®, CFP®, CAIA®, AIF®
Deron T. McCoy, CFA®, CFP®, CAIA®, AIF® formally served as the Chief Investment Officer at SEIA and was on the firm’s Investment Committee since 2001. As managing director of SEIA’s Department of Investment Management & Economic Strategy (DIMES), Mr. McCoy duties included acting as Head Portfolio Manager on the firm’s discretionary accounts as well as leading the research team in developing the global macro strategy, ultimately incorporated into the firm’s investment models and asset allocation strategies. Over his 22-year career leading the investment team, Mr. McCoy achieved tremendous growth scaling SEIA from $200 million in assets under management to well over $20 billion.
Mr. McCoy received his Bachelors of Science degree in Mathematics-Applied Science with a Specialization in Economics and Business Management from the University of California, Los Angeles (UCLA) in 1995. He has been Certified Financial Planner (CFP®) practitioner under the Certified Financial Planner Board of Standards, Inc. since 1998 and has held the Chartered Financial Analyst (CFA®) designation issued by the CFA Institute in 2002. He also has held the Chartered Alternative Investment Analyst (CAIA®) designation since 2009 and has been an Accredited Investment Fiduciary® (AIF®) as of 2011.
Mr. McCoy is the backbone of Axxcess Enhanced Wealth Management as the complex strategy was born out of his career in financial & estate planning (CFP), investment analysis & research (CFA), and alternative investments (CAIA). His insights and thought leadership have been picked up by numerous notable media outlets including the Wall Street Journal, Barron’s, the New York Times, MarketWatch, CNN Business, ETF.com, Yahoo Finance, Bankrate, Washington Business Journal, U.S. News, and International Business Times.
Mr. McCoy currently resides in Corona Del Mar, California with his wife and two children.
Advisory services provided by Axxcess Wealth Management, LLC (AWM), an Investment Adviser registered with the SEC. Advisory services are only offered to clients or prospective clients where Axxcess Wealth Management, LLC and its Investment Advisor Representatives are properly licensed or exempt from registration.
