At the time of the launch of a new ETF, Section 351 of the IRS Code allows investors to exchange appreciated stocks or ETFs for ETF shares on a tax-deferred basis. Advisors can now use a tool previously limited to family offices & institutions.
Come join Brent Sullivan from Tax Alpha Insider as he moderates a discussion on the tax-deferral power of Section 351 conversions. Brent has been a leading voice in this field, and you will want to hear his take on how advisors create tax value for clients.
What you’ll learn:
The basics of 351 Conversions – What they are, how they work, and the specific eligibility and contribution rules
Advisor use cases for participation: Tax-efficient investment changes
The key benefits for clients, including diversification, tax deferral, and the liquidity and tax efficiency of ETFs
How RIAs can participate in a 351 conversion for the new Burney ETF launching in Q4 2025
Join us for this exclusive webinar for financial advisors and RIAs seeking to enhance after-tax outcomes for high-net-worth and ultra-high-net-worth clients.
Accepted for 1 CFP / IWI / CFA CE Credit
Speakers:
Wayne FerbertSr. Managing DirectorBurney Advisor Services
Andy PrattDirector of Investment StrategyThe Burney Company
Brent SullivanFounder of Tax Alpha InsiderTax Alpha Insider
Advisory services are offered through the Burney Company, an investment adviser registered with the U.S. Securities & Exchange Commission. Registration as an investment Adviser does not imply a certain level of skill or training.
The Fund is distributed by Quasar Distributors, LLC. The fund’s investment advisor is Empowered Funds, LLC, which is doing business as ETF Architect The Burney Company serves as the Sub-adviser to the Fund. Quasar is not affiliated with ETF Architect or The Burney Company.
Important Information
The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. This and other important information is contained in the prospectus, which may be obtained by following the links Prospectus and SAI or by calling +1.215.882.9983. Please read the prospectus carefully before investing. Investments involve risk. Principal loss is possible.
TAX INFORMATION – The Fund’s distributions generally are taxable to you as ordinary income, capital gain, or some combination of both, unless your investment is made through an Individual Retirement Account (“IRA”) or other tax-advantaged account. However, subsequent withdrawals from such a tax-advantaged account may be subject to U.S. federal income tax. You should consult your own tax advisor about your specific tax situation.
1Cost basis – is the original purchase price of your investment, including any fees or commissions, adjusted over time by events such as reinvested dividends, stock splits, or other corporate actions. When you sell your shares, the cost basis is used to determine whether you have a capital gain or loss for tax purposes.
The Fund is actively-managed and is subject to the risk that the strategy may not produce the intended results. The Fund is new and has a limited operating history to evaluate. Shares of the ETF may be bought or sold throughout the day at their market price on the exchange on which they are listed. The market price of an ETF’s shares may be at, above or below the ETF’s net asset value (“NAV”) and will fluctuate with changes in the NAV as well as supply and demand in the market for the shares. Shares of the ETF may only be redeemed directly with the ETF at NAV by Authorized Participants, in very large creation units. There can be no guarantee that an active trading market for the Fund’s shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling the Fund’s shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns. Equity Securities Risk – Equity securities, such as common stocks, are subject to market, economic and business risks that may cause their prices to fluctuate. Growth Investing Risk – The risk of investing in growth stocks that may be more volatile than other stocks because they are more sensitive to investor perceptions of the issuing company’s growth potential. Value Style Risk – Value investing involves the risk that an investment made in undervalued securities may not appreciate in value as anticipated or remain undervalued for long periods of time. Small- Mid-Capitalization Risk – Investments made in small to mid-capitalization companies are subject to greater risks than large company stocks due to limited resources and inventory as well as more sensitive to adverse conditions. New Fund Risk – The Fund is a recently organized, giving prospective investors a limited track record on which to base their investment decision. Active Management Risk – The Fund is actively managed and may not meet its investment objective based on the Sub-Adviser’s success or failure to implement investment strategies for the Fund. High Portfolio Turnover Risk – The Fund’s investment strategy is expected to result in a higher portfolio turnover rate, which may increase the Fund’s brokerage commission costs, and thus could negatively impact the performance of the Fund.
