05.18.2023 - RIA
How RIAs launch their OWN ETFs
Presented by Patrick Cleary, ETF Architect
In this webinar, Patrick Cleary (CEO, ETF Architect) will outline how RIAs can effectively launch their own proprietary ETFs to manage client assets. As advisers seek innovative ways to raise assets, retain clients, and leverage technology to scale their business, Mr. Cleary will highlight the unique ways in which an ETF can (for certain firms) increase efficiency, minimize taxes, and streamline the portfolio management process. Mr. Cleary will also discuss the highlights of a 351(a) transaction, which enables SMA assets to be contributed to an ETF in order to seed the fund without incurring unnecessary taxable gains as compared to a traditional sale of assets.
I really liked this presentation. I had conjectured use of 351 exchanges in various similar contexts, albeit not in ETF context, although never engaged in them. .
- Michael T.
I was blown away by the opportunity to create my own ETF for my clients and my thoughts concerning the huge advantage ETFs enjoy from a taxation viewpoint was confirmed.
- Gene B.