Replacement Options
For each harvested position advisors may:
Hold cash
ORPurchase a replacement security
Wash Sale Protection
SMArtX applies exclusions for 31 days across the Account Group to help prevent wash sales.
Reopen After Wash Sale Period
EnabledExclusions expire automatically after 31 days. |
DisabledExclusions remain until manually removed. |
What Happens After Reopening?
Model-Managed Portfolios | Positions automatically realign with the model. |
Advisor-Managed Portfolios | Advisors must manually rebalance using the rebalancer. |