Taxes are the most measurable expression of coordination, the same discipline behind your estate planning, withdrawal strategy, liquidity, and how your advisors work together. Here it shows on identical holdings: a concentrated, high-turnover portfolio gives up return to tax every year; coordinated as one system, the same holdings keep far more. A tax-efficiency result, not a claim about pre-tax returns.
Most of what a portfolio loses to tax, it loses before you ever see it. Set your state and portfolio above and the figure appears instantly — personalized to where you live.
How to read thisThe state & federal rates come from current tax code; the coordination figure is an illustrative model of what disciplined tax management has recovered over time, a diagnostic, not a forecast, and not a robo-advisor's black box.
This isn't a test of what you know. It's a read on where a financial life has quietly stopped talking to itself — the gaps most households only notice after they've become expensive. Set your state and portfolio above; the figure that appears is the coordination you may already be leaving on the table, named before any recommendation.
Read it honestlyThe +3.7–4.7%/yr shown above for the four representative jurisdictions (Federal, Illinois, New York, California) is what disciplined, tax-managed coordination recovers versus a concentrated, tax-naive book (left); the full range across every jurisdiction we model runs +3.3–4.8%/yr, and your own figure appears above once you've told us your state. Measured against an ordinary broadly-diversified index (center), the defensible edge of coordination is smaller — on the order of ~0.6–1.5%/yr, consistent with published tax-alpha research. We show all three so the number is never taken out of context.
Coordination works the tax line, placement, lot selection, and harvesting; the gross return and inflation are not ours to promise. Modeled, illustrative, not a forecast or advice.
| Tax environment | Uncoordinated* | Coordinated | Recovered vs naive |
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Footnote*Uncoordinated = a concentrated, tax-naive book (the uncoordinated extreme). A broadly-diversified index sits between these two columns; the defensible coordination edge versus that index is ~0.6–1.5%/yr (see the cards above). State rows show after-tax CAGR %/yr.
See it deliveredA completed review becomes a household's own standing operating record: see The Record →
This diagnostic is deliberately conservative, it counts only what disciplined portfolio tax management recovers, and stops there. In a short call I'd walk your actual holdings, your state's specific rules, and the estate, gifting, and residency coordination this figure leaves at zero, where the larger opportunities usually sit.