Have been noticing a conversation that’s come up repeatedly — Being locked into in-house proprietary funds where any future adjustment or move means triggering capital gains on your entire portfolio.

To help you think through this challenge before it becomes urgent, I created this focused 5-minute video specifically for this situation. It’s a quick watch that could impact how you think about your wealth planning —we genuinely believe it’s worth your time.

Here’s the video link, please enjoy:

Key Point: Capital gains tax is not a penalty — it’s a cost of success. The question isn’t “Should I avoid tax?” but “Will paying capital tax create better after-tax outcomes?” For many holding significant gains in their proprietary funds, the answer has been yes.

The Hidden Costs of Inaction

• Opportunity Cost: the returns missed might be bigger than the tax avoided
• Portfolio Drift: When investments can’t evolve, they no longer match family goals
• Strategic Inflexibility: Markets and personal situations change—effective portfolios should adapt accordingly

Paying Tax = You Made Money

• Cost Base Reset: Creates a fresh starting point for future tax strategies
• Portfolio Refresh: Access to investments that better match today’s opportunities
• Risk Spread: Reduce dependency on a single provider’s product lineup

Interesting Math Fact: A 1% return improvement can offset most tax costs within 2-3 years. From that point on, the additional returns go directly into your pocket. This level of improvement is often achievable through more efficient portfolio construction—whether through lower costs, better tax treatment on yields, or simply accessing higher-return opportunities for the same level of risk. By resetting your cost base at the same time, you may also reduce the capital gains tax you face in the future.