Tax-Aware Investment Management: The Essential Guide
"If you've ever tried playing two games of chess simultaneously and then, to your horror, realized that a move on one board was actually impacting your other game, you can understand how private investors feel about investments and taxes.Until Doug Rogers tackled this complex and confounding topic, professionals and investors alike had few resources to guide them. From being a voice in the wilderness in the 1990s to being a most respected guru in the field, Doug Rogers contributes mightily to the wealth management industry withTax-Aware Investment Management."—Charlotte B. BeyerFounder and CEO, Institute for Private Investors"If you believe it's not what you make but what you keep, this is must-reading.Practical, pragmatic and professional, Doug Rogers brings a wealth of knowledge and common sense to tax-aware investment management. Planning, measuring and implementing, product and process—it's all here."—Harold EvenskyChairman, Evensky & KatzAuthor,Wealth Management"Finally! A to-do manual on how best tokeepthe money our investmentsmake!Most investors—and most investment managers—invest as though taxes can’t be managed (or worse, don't exist).Doug Rogers has studied these issues as much as almost anyone in the finance world and has assembled a commonsense guide to help navigate our investment choices with an eye on the tax man's take."—Robert D. ArnottChairman, Research Affiliates, LLCEditor,Financial Analysts Journal"Doug Rogers combines his many years of experience with a high degree of technical knowledge to create an innovative guide with a fresh perspective on tax-aware strategies.  In my opinion, it isan essential tool for private investors and wealth management professionals to manage portfolios holistically and effectively."—Ralph C. Rittenour Jr.Chairman and Chief Executive Officer, CTC Consulting, Inc."This is the definitive work on this complex and rapidly evolving subject. Doug Rogers covers an array of topics—including security analysis, portfolio construction methodologies, the manager search process, asset allocation, and technology developments—in a way that everyone can immediately apply to more effectively manage wealth from an after-tax perspective.Whether you are an investor, portfolio manager, investment consultant, private banker, financial adviser, accountant, or estate attorney,Tax-Aware Investment Managementwill give you the knowledge to allow you to differentiate yourself in today's competitive environment."—Thomas J. Boczar, CFA, Esq.Chairman, Private Wealth Management Committee,New York Society of Security Analysts (NYSSA)