After the Headlines: Where Tax-Aware Long/Short Goes From Here

Tax-aware long/short (TALS) has significant investor momentum, attracting over $100B in new AUM over the last 12 months. Recent changes in the industry have dominated financial headlines. Custodians raised minimums and changed terms. Some press called it a tax dodge for the very rich. The Treasury Secretary said the IRS might take a look. Despite the bumps in the road, the impressive flows continue. So the useful question is no longer whether the coverage was fair. It's where the category goes from here, and what that means for advisor adoption. After all, the client utility is real. Join our dynamic panel: the leading voice in the space, a portfolio manager, a Master's in Taxation, and an advisor using TALS. Brent Sullivan of Tax Alpha Insider, Andy Pratt of Burney, Adam Newman of Burney Wealth Management, and Bryce Engel of Fusion Capital Management discuss what happens next.

What you'll learn:

• Where the growth is coming from, who the new entrants are, and what's driving in AUM
• Our panel's outlook on regulatory changes and what economic substance means for a manager in light of Treasury's recent comments
• What the custody changes mean, which custodians are still receptive, and how much capacity the industry can absorb
• Whether these strategies only work for the ultra-wealthy, and conditions that support broader net-worth adoption
• Lessons learned from client use cases and what should be top of mind when evaluating managers