It’s tax season and the sub-adviser to our Large Cap Value accounts, Boston Private Value Investors, points out that taxes are one of the most overlooked costs of doing business in the investment world. In the attached article, BPVI does a good job of highlighting the cost of taxes to an investors overall returns. They build a strong case for active verses passive portfolio management and give you a great list of ten questions that will provide insight into a manager’s tax conscious investing capabilities.

Tax Conscious Investing: Do Taxes Really Matter? (PDF) >>>

Posted by Michael Chapman at 12:52 PM PDT