Overview
SMArtX's Transition Analysis Tool makes it easy to move accounts to a new target allocation while managing tax exposure. Follow these steps to transition accounts efficiently and keep taxes in check.
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How To
From the Home Dashboard > Select Transitions from the left navigation > Analysis Tool option
Select an Account linked to SMArtX - On-Platform or enter information for accounts that are Off-Platform
*Off Platform requires an Upload Tax Lot csv (See details in platform)
Choose the target weights for 100% of the tradable assets
Use the Help Find Models tool if you want to identify SMArtX strategies that match your current holdings and reduce unnecessary trades
Set a tax budget - Pick between 0% and 100% of the full gain, or input a custom tax budget to manage short and long-term limits
Or Add A Custom Budget
Open the Transition Scheduler to automate the process. Set a recurring schedule so the system can attempt to liquidate losses and offsetting gains as you specified until transition completion.
Review the Allocation Summary to see proposed realized gains and losses, along with the new sleeve breakdown
When everything looks good, select Continue and review the final page, click Submit to process the transition and create the ongoing transition sleeve
SMArtX's Transition tool works seamlessly with the rest of the platform to make tax-aware asset transfers simple. Use it to keep portfolio transitions smooth and tax-efficient.