“Taxes shouldn’t drive your investment decisions,” said CAPTRUST Chief Investment Officer Kevin Barry during a recent appearance on CNBC.
Barry was invited onto the program to discuss the risks and rewards of year-end tax-loss selling and the impact tax moves may be having on the markets.
In the wake of the Tax Cuts and Jobs Act, Barry recommends investors explore tax strategies like bunching charitable deductions, qualified charitable distributions, and looking for opportunities to harvest loses.
To see the just over two minute CNBC video of Barry’s interview, click here.
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing investment advisory services to retirement plan fiduciaries, endowments and foundations, executives, and high-net-worth individuals. Headquartered in Raleigh, North Carolina, the firm represents more than $278 billion in client assets with 38 offices located across the U.S.