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PortfolioPilot.com Unveils Continuous Tax Optimization for Self-Directed Investors
San Francisco, CA – September 4, 2024 – PortfolioPilot.com, “Your personal AI financial advisor”, today announced the launch of its Continuous Tax Optimization feature, a key component of its comprehensive suite of financial tools designed to empower self-directed investors to manage their entire net worth. Unlike some Robo-advisors and direct indexing services that make decisions on a client’s behalf for a fraction of their assets, PortfolioPilot.com empowers users to maintain control over their entire net worth, with a financial strategy personalized to their unique goals and circumstances.
Continuous Tax Optimization is the latest addition to PortfolioPilot.com’s all-in-one financial platform, which also includes personalized investing recommendations, scenario modeling, estate planning, and net worth tracking. This feature helps minimize the taxes paid on investment gains by constantly scanning the entire portfolio for opportunities, not just once at the end of the year. For a flat fee of only $29 per month, self-directed investors can now access a level of financial sophistication that is typically reserved for high-net-worth individuals.
According to a study conducted by JP Morgan, this continuous strategy has the potential to yield an 1.94% additional boost to yearly returns through monthly tax-loss harvesting. “With the right safeguards, a continuous approach could provide more opportunities for tax-loss harvesting than other approaches.” Read the full JP Morgan report here.1
"At PortfolioPilot.com, we're democratizing access to advanced financial strategies," said Alexander Harmsen, CEO & Co-founder of PortfolioPilot.com. "Our Continuous Tax Optimization feature, combined with our personalized recommendations and planning tools, offers self-directed investors a simple and accessible solution to manage and grow their wealth more effectively."
This innovative tax optimization feature is useful for both passive investors who regularly dollar-cost average (DCA) into markets and active traders looking to maximize their after-tax returns. Unlike traditional tax-loss harvesting, which typically occurs at year-end and is often limited to specific accounts, PortfolioPilot.com’s approach reviews a person’s entire net worth regularly, giving tax optimization recommendations throughout the year.
With $20 billion in assets on the platform2, PortfolioPilot.com has proven its value to investors. PortfolioPilot.com is specifically designed for self-directed investors looking to optimize their entire financial portfolio, including investments, crypto, real estate, and more.
1. Case studies presented are hypothetical scenarios and intended for illustrative purposes only. They do not represent an actual client, investment or experience, but rather are meant to provide an example of the intended investment process and methodology. An individual’s experience may vary based on his or her circumstances. There can be no assurance that the Firm will be able to achieve similar results in comparable situations. No portion of this case study is to be interpreted as a testimonial or endorsement of the Firm’s investment advisory services. The information contained herein should not be construed as personal investment advice.
2. 22,000 users and $20B Assets on Platform as of July 14, 2024
3. “Global Predictions secures a winning spot in international M6 forecasting competition”. November 9, 2023 https://www.globalpredictions.com/posts/global-predictions-secures-a-winning-spot-in-international-m6-financial-forecasting-competition
About PortfolioPilot.com
PortfolioPilot.com is an AI-powered financial advisor that provides sophisticated financial advice to everyday investors for a flat fee of as low as $29/mo. The platform includes Continuous Tax Optimization, personalized investing recommendations, scenario modeling, estate planning, and net worth tracking. With $20 billion in assets on the platform2, PortfolioPilot.com is committed to helping investors optimize their entire financial portfolio, reduce fees, and improve their overall financial outcomes. As a product of Global Predictions, a fiduciary financial advisor registered with the SEC, PortfolioPilot.com leverages an award-winning3 Economic Insights Engine, helping to make sure that the advice provided is not only personalized, but also grounded in solid economic forecasting and analysis.
Key features include:
- Personalized investment recommendations
- Continuous tax-loss harvesting
- Fee visualization & optimization
- Support for real estate, retirement accounts, cash, crypto, and private equity
- Connections to over 12,000 crypto wallets, banks, and brokerages
- 256-bit encrypted, bank-level security
The founding team behind PortfolioPilot.com has a proven track record, with successful exits in the AI industry and experience from heavyweight hedge funds like Bridgewater Associates.
For further details on how PortfolioPilot.com is transforming personal investing, visit www.portfoliopilot.com.
Contact Information
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San Francisco, CA 94114
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1. Global Predictions Secures a Winning Spot in International M6 Financial Forecasting Competition
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