Seeks to Maximize After-Tax Returns with Target Equity Market Exposure and Active Tax Management
Capital gains taxes can significantly erode the total return for taxable investors. Therefore, tax considerations should be one of the primary objectives in the portfolio management process.
Northern Trust’s tax advantaged equity team will work with you to develop a customized, flexible, tax-efficient solution.
Our Philosophy
Northern Trust seeks to provide customized risk-efficient, cost-effective market exposure and strong after-tax investment returns through an in-depth understanding of our taxable clients’ complex investment and tax objectives.
Our Strategy
- Provides a similar pre-tax return to your chosen equity benchmark.
- Seeks to maximize long-term after-tax total returns through active tax management, capital gain or loss realization, aggressive transaction cost management and proprietary risk management.
- Is applied to over 30 different custom, domestic and international benchmarks, including both ADR and local shares.
- Designed to offer a flexible, consultative program to meet your investment and tax needs that can be dynamically adjusted to changes in your tax situation.
- Emphasizes ongoing communication between you and our experienced tax advantaged equity portfolio management team.
Our Investment Process
Customized and flexible tax-advantaged programs are designed to meet your unique long-term investment objectives.
- Listen. Your dedicated portfolio management team works with you to integrate your specific goals into your tax advantaged equity portfolio.
- Trade. Regular trading is conducted to consider portfolio objectives, wash sale rules, and transaction cost minimization.
- Communicate. Our team will regularly communicate with you to ensure investment objectives are met and determine if modifications to the process need to be made.
Why Northern Trust for Tax Advantaged Equity?
- Twenty years of success providing global, tax-managed market exposure to our clients.
- A dedicated portfolio management team with an average of 12 years of financial industry experience.
- Customized and flexible tax-advantaged equity programs designed to meet your unique investment objectives.
- Regular communication from initial account set-up and ongoing portfolio management.
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Jake Weaver |
Jake Weaver
Jacob Weaver, CPA, CFA is a Senior Vice President at The Northern Trust Company, Chicago. Jake is a senior portfolio manager and team leader on the Active Equity team. He is responsible for the implementation of several quantitative equity strategies specializing in tax advantaged strategies. He also manages a team of 11 portfolio managers and focuses on investment strategy and infrastructure supporting the tax advantaged equity business.
Prior to rejoining the Active Equity team in 2010, Jake was the Head of International Indexing in Northern Trust’s London office, overseeing a team of portfolio managers investing over $60 billion to various international indexes. Prior to this role, Jake spent six years as a portfolio manager focused on quantitative active strategies including Structured Smallcap and Tax Advantaged Equity.
Jake received an M.B.A. from the University of Chicago Booth School of Business with concentrations in Finance and Organizational Behavior and a B.S. degree in Finance from the University of Illinois at Urbana-Champaign. He is a CFA charterholder and a Certified Public Accountant. He is a member of the Investment Analysts Society of Chicago and the CFA Institute.
