Augustus Wealth financial planning

As 2023 draws to a close, Augustus Wealth suggests exploring benefits of tax loss harvesting to optimize investment performance and minimize tax liabilities.

LOS ANGELES, CALIFORNIA, UNITED STATES, January 31, 2024 / — In anticipation of the approaching year-end, Augustus Wealth, an advisory firm providing wealth management and financial planning services in Orange County, Silicon Valley, and Los Angeles County, is encouraging its clients to consider the strategic benefits of tax loss harvesting. This proactive investment strategy is designed to optimize overall portfolio performance and effectively manage tax liabilities.

Tax loss harvesting involves a deliberate and strategic approach to selling underperforming investments within a portfolio. By realizing losses, investors can offset capital gains, thus minimizing their tax obligations. This method is particularly impactful during year-end financial planning, allowing investors to make prudent choices to enhance their financial positions.

Derek Munchow, the Managing Director of Augustus Wealth stated: “As we approach the end of 2023, it’s the perfect time to consider the benefits of tax loss harvesting. Beyond optimizing for investment performance, the strategy helps to reduce your overall tax burden by effectively managing the gains and losses within your portfolio. Lowering your tax bill is the right financial choice for year-end planning.”

About: Established in Los Angeles in 2022, Augustus Wealth focuses on providing personalized financial planning and investment portfolio management with a goal-oriented approach. The firm caters to individuals with equity compensations in the Space, Tech, and related industries in Los Angeles, Silicon Valley, and Orange County.


Derek Munchow
Augustus Wealth
+1 3103217889
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