Additional Services

As comprehensive wealth advisors, Smith Capital Advisors (SCA) provides an array of other “white glove” services to clients.

SCA provides tax loss harvesting services, for personal or trust accounts, to take advantage of market pullbacks by redeeming any position where value has fallen below its cost basis and replacing that position with a surrogate manager or security, so that the loss can be recognized for tax purposes (lowering current and future income tax liability), but clients remain invested at all points in time to participate in all market recovery. Market timing is not employed.

SCA calculates and disburses Required Minimum Distributions (RMD) when applicable.

SCA assists clients with meeting their charitable giving desires in the most efficient manner, including gifting of appreciated securities, and once a client is over age 70 1/2, assisting with distributions from the clients’ IRA directly to a charity (“Qualified Charitable Distribution”) which allows the IRA distribution to be entirely excluded from clients’ income tax calculation, and reduces or satisfies, at age 72 or beyond, Required Minimum Distributions (RMD).

SCA provides introductions to other financial professionals (CPAs, Attorneys, Health Insurance Advisors, Home or Traditional Financing specialists, Reverse Mortgage specialists, Property & Casualty Insurance specialists), when needed.

SCA assists with lending solutions (allowing clients to borrow against their investments) when short term liquidity is needed, but liquidating securities is not desired for income tax recognition or selling securities below their intrinsic value.

Quarterly calls from SCA are made to ensure clients’ objectives are being met; annually a complete review and update is done virtually or in office.

Financial Representatives do not render legal or tax advice. Consult with a tax professional for tax advice that is specific to your situation.