Truepoint Talks: Understanding Truepoint’s Portfolio Management Activity in Volatile Markets

In this installment of Truepoint Talks, investment team members Ted Parchman and Lauren Niestradt joined marketing specialist Abby Tuke to take a closer look at rebalancing and tax-loss harvesting – two important tactics in our portfolio management toolbox.

In the conversation, Ted shared both the benefits of, and processes behind, both rebalancing and tax-loss harvesting. The potential benefits of Truepoint’s rebalancing approach include:

  • Maintaining targeted balance between stocks and bonds regardless of market environment
  • Pre-defined rules force disciplined trading that is consistent and unbiased – no crystal ball needed!
  • Automated daily review of all client portfolios ensures quick action in all market environments
  • Tax-conscious approach manages tax impact of trading

On the tax-loss harvesting side, the benefits are limited to those taxable accounts and the harvesting happens in more targeted ways, generally depending on the client’s needs.

One of the key takeaways? It’s been a very busy year for the investment team with over 66,250 trades (as of July 14, 2020) compared to 41,550 trades in 2019.

The full conversation can be viewed below:

Truepoint Wealth Counsel is a fee-only Registered Investment Adviser. Registration as an adviser does not connote a specific level of skill or training. More detail, including forms ADV Part 2A & 2B filed with the SEC, can be found at TruepointWealth.com. Neither the information, nor any opinion expressed, is to be construed as personalized investment, tax or legal advice. The accuracy and completeness of information presented from third-party sources cannot be guaranteed.

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