// OVERLAY OVERVIEW

Tax efficiency. Tax control. Customized portfolios. Risk control. Simplified reporting.

Recognize them? The longstanding promises of Separately Managed Accounts. Unfortunately, too often SMAs haven’t lived up to the hype. Many function like mutual funds – and provide little or no tax management for their clients.

Now, M3 has introduced a low cost, turnkey approach to Active Tax Overlay Management that delivers on the original promise of SMAs.

As Overlay Manager, M3 works with advisors to develop truly customized portfolios that offer investors more control over their capital gains taxes – especially during transition – while reducing the advisor’s administrative burden. It creates a powerful prospecting tool for attracting HNW clients.

The key is M3’s Models-Based approach. M3 is able to obtain managers’ investment models at a fraction of the cost of a traditional SMA relationship. This enables us to create portfolios, at the advisor’s direction, that track the selected managers’ portfolios while retaining complete supervision over all the investor’s holdings. As a result, M3 and the advisor have the ability to make and execute strategic investment decisions that have the potential to generate significant tax savings – tax alpha.

To see an illustration of M3’s models based approach at work, click here.