A lot of the money that we steward is non-qualified, meaning taxable, and because of that, and given that many of the families we serve are in high tax brackets, we generally prefer tax-efficient investments.

Source: https://www.etftrends.com/exchange-an-etf-experience/meet-an-advisor-vance-barse/

“As we think about managing risk in an equity-based portfolio… you’re getting exposure to the S&P, you’re generating an additional tax-efficient income, but you really want to give as much upside potential as possible in the portfolio,” said Paolella.

Source: https://www.etftrends.com/monthly-income-channel/income-generating-options-as-the-risk-curve-changes/

Finally, the profits from your letting business may increase the level of tax-efficient pension contributions you can make in the tax year.

Source: https://www.heraldscotland.com/business_hq/23827065.agenda-holiday-lets-can-still-bring-tax-advantage/?ref=rss

His expertise will be instrumental in enhancing our offerings and providing our clients with innovative, tax-efficient strategies.

Source: https://theclarion.ca/media-release/financial-gravity-welcomes-new-family-office-director-alan-scher/

So if you have a choice, try to emphasize tax-efficient funds in taxable accounts.

Source: https://www.nytimes.com/2023/01/27/business/investments-markets-taxes.html