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IPC Introduces Customizable TAMP for High-Net-Worth Market with Addition of Tax Transition Services

Independent Portfolio Consultants, Inc. has entered into a strategic alliance with Metamorphosis Money Management, a tax transition manager, to provide a turnkey Customizable Asset Management Program or CAMP.

PRLog - Jul. 8, 2008 - Boca Raton, FL-  Independent Portfolio Consultants, Inc. (IPC), a registered investment advisor serving the high-net-worth investor market, has entered into a strategic alliance with Metamorphosis Money Management (M3), a tax transition manager, to provide a turnkey Customizable Asset Management Program, or CAMP.

Unlike a traditional TAMP, the IPC CAMP concept is designed to offer turnkey asset management solutions that are completely customizable to meet the unique needs of the high-net-worth and ultra-high-net-worth. The IPC CAMP concept extends the TAMP model by adding a significant, ongoing consulting component that includes direct contact with money managers.

“The CAMP concept is a people driven approach that offers the high-end advisor an alternative to cookie cutter investment management solutions,” says Alan Bush, Chairman and CEO of IPC. “Tax transition and tax management are perfect examples of the kind of services that high-net-worth clients demand and are only available on a platform with the flexibility that the IPC CAMP offers.”

In partnering with M3, advisors who select the IPC platform now have access to a unique, turnkey solution to managing capital gains tax burdens during transition.  This trading based solution continuously tax loss harvests every day, potentially increasing absolute returns while achieving diversification and lowering risk.  

“What many advisors don’t realize is that capital gains taxes are a high-net-worth investor’s single largest expense,” said Mr. Bush.  “The addition of a tax transition service to our platform allows our advisors to control these tax burdens and enables the client to keep more of what their portfolios earn.”

While valuable to any high-net-worth client, tax transition management is particularly appealing for clients with:

·        Single stock or concentrated portfolios

·        Exchange funds that must be liquidated

·        Assets held among multiple advisors

“Capital gains taxes are a huge obstacle preventing many wealthy investors from implementing meaningful allocation or portfolio changes,” said John Phoenix, CEO of Metamorphosis Money Management. “IPC is now one of the first firms to provide advisors with an investment solution in combination with an independent and highly efficient tax solution for the advisors’ high-net-worth clients with significant tax issues.”

For more information, visit the IPC website at www.ipcanswers.com or Metamorphosis Money Management’s website at www.metam3.com

About Independent Portfolio Consultants

Independent Portfolio Consultants, Inc. is a registered investment advisor based in Boca Raton, Florida which specializes in correspondent managed account services.  IPC’s correspondents include nationally recognized insurance companies, brokerage firms and financial/estate planning organizations.

About Metamorphosis Money Management

Metamorphosis Money Management (M3), a Delaware LLC based in Denver, CO and a Registered Investment Advisor with the United States Securities and Exchange Committee, delivers an institutional tax transition and active overlay solution to the high net worth investor market that aims to improve absolute returns.

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Source:Metamorphosis Money Management
Location:United States
Industry:Financial advisors
Tags:high net worth, tax transition, financial advisor, m3, IPC
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