SAM enables Choreo advisors to offer their clients a new level of tax-efficient investing at the household level – and document the value they provide – without adding to their workload.
BOSTON, March 4, 2025 /PRNewswire/ — Smartleaf Asset Management, LLC (“SAM”), the RIA subsidiary of Smartleaf, Inc., today announced its strategic partnership with the private equity-backed RIA Choreo, LLC, in which SAM will serve as a subadvisor managing the daily review, rebalancing and trading of Choreo’s Choreo Tax Advantage™ accounts.
The service will enable Choreo advisors to create a tax-optimized transition plan at the household level in a matter of seconds, a task that previously took hours per account. Implementation of the plan, including daily review, year-round tax loss harvesting and risk-optimized gains deferral, is taken care of by SAM.
SAM will document the value each client receives from SAM’s active tax management.
“For most firms, the level of personalization and tax optimization they provide clients is bounded by operational limits. For Choreo, there are no operational limits – the only constraint is the best interests of the client,” commented Jerry Michael, Smartleaf Asset Management President, adding “Choreo serves as the investing affiliate of CPA firms. It follows that their tax management has to be second to none. And they’re PE-backed, with ambitious goals for both organic and inorganic growth. Our challenge was to help them free their client-facing advisors to spend more time with clients and prospects, while delivering best-in-class personalization and tax management.”
After evaluating multiple providers, Choreo selected SAM because of its unmatched ability to fully automate tax-optimized portfolio management at the household level. Unlike traditional rebalancing platforms or manual processes, SAM’s service combines daily portfolio oversight, automated tax-loss harvesting, and real-time transition planning—all in a scalable, advisor-friendly solution.
As a subadvisor, SAM will leverage Smartleaf’s portfolio rebalancing platform to largely automate its service, providing:
For more information about Smartleaf Asset Management, visit smartleafAM.com.
About Smartleaf Asset Management:
Smartleaf Asset Management, LLC (“SAM”), an SEC-registered advisor, is a subsidiary of Smartleaf, Inc. SAM leverages Smartleaf’s software to provide sub-advisory services that make delivering personalized and tax-optimized portfolios simple and scalable. SAM enables wealth advisory firms to provide every client of every size the highest levels of customization and tax management. With SAM, customization and tax-management options are simply choices on pull-down menus, and implementation is automated. SAM supports tax-optimized holistic unified managed accounts (UMAs) and tax-optimized unified managed householding (UMH). For more information on SAM, visit www.smartleafAM.com.
Media Contact: Becca Willis, rwillis@smartleaf.com
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SOURCE Smartleaf Asset Management
