San Diego (June 4, 2002) -- Recognizing the explosion of "tax efficient" and "tax aware" investment products flooding the market, D.E. Cody & Co. Inc. has launched a subscription-based online service aimed at helping advisors evaluate tax-advantaged products and separate account managers.
The site, www.tax-efficient.com, reviews over 17,000 investment products, including Mutual Funds, ETFs, and Separate Accounts. To be awarded "Top Tier" status, separate account managers must accept accounts as low as $100,000, and must have returns in the top 10 percent of their style category "after-tax" for one, three, and five-year periods, respectively. Managers are also evaluated on adherence to style, consistency of returns, tenure, and tax-efficiency analysis. The service receives no compensation from the managers, or products reviewed.
"When designing the site our goal was to create a service to help advisors intelligently construct the taxable allocations for their clients," says Don Cody, president of Tax-Efficient Investor. "Many Advisors don’t have the time or the tools to sort through both Separate Account Managers and Mutual Funds in an after-tax format. It’s typically been an apples-to-oranges comparison, made even more difficult with the lack of after-tax information."
The site also features news, email alerts, a monthly Investment Manager/Product Profile, manager interviews, and model portfolios. According to the site, a subscription costs $245 a year.
-- Electronic Accountant Newswire staff
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