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Financial Advisory  + RIAs & Financial Advisors  + Wealth Management  |  November 11, 2024
Callan Family Office Launches Tax Overlay Program for UHNW Clients
By: Joe Palmisano

Callan Family Office Launches Tax Overlay Program for UHNW Clients

Callan Family Office, a $6.5 billion Philadelphia-based registered investment advisor, recently launched a tech-enabled program designed to maximize after-tax returns for ultra-high-net-worth clients.

The Tax Overlay Management Program, utilizing the Aris Investing technology platform, allows the company to manage capital gains timing, improve tax efficiency, and optimize costs across intricate portfolios, customized to each client’s financial situation, a spokesperson told Connect.

The program integrates the delivery of third-party active strategies, direct indexing, and a comprehensive “household-level” perspective of assets to synchronize and enhance trading across several active and passive Separately Managed Accounts (SMAs) within a typical multi-generational ultra-high-net-worth portfolio.

Callan noted that potential benefits of the program include greater control over capital gains, lower expenses, and multi-account and entity optimization.

“The partners of Callan Family Office have worked with ultra-high-net-worth investors for decades on average, and minimizing taxes on investment gains is a priority for the families we serve,” said Jack Ginter, CEO of Callan Family Office.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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