For our taxable clients we add value by managing tax exposure at every level of the investment process. The process begins with a thorough understanding of estate and tax planning considerations as well as embedded tax issues across supervised and unsupervised assets. After carefully crafting a portfolio, optimized after taxes, and fulfilled with managers who demonstrate a "tax aware" process, we rigorously monitor portfolios. In coordination with our clients' tax professionals, we identify opportunities for gain or loss harvesting across managed and unmanaged assets in an effort to maximize after tax performance.