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What is Daily Tax-Loss Harvesting? How is it different from Tax-Loss Harvesting in general?

Daily Tax-Loss Harvesting is a service offered by Wealthfront that allows us to check your account for Tax-Loss Harvesting opportunities on a daily basis.

Tax-Loss Harvesting as traditionally practiced and as offered by non-software-based financial advisors typically only checks your account for Tax-Loss Harvesting opportunities once a year.

That means traditional Tax-Loss Harvesting misses many opportunities to harvest tax-losses and generate additional performance.

For a detailed explanation of this strategy and actual results, take a look at the Wealthfront Tax-Loss Harvesting Whitepaper.

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Wealthfront prepared this article for informational purposes and not as an offer, recommendation, or solicitation to buy or sell any security. Wealthfront and its affiliates may rely on information from various sources we believe to be reliable (including clients and other third parties), but cannot guarantee its accuracy or completeness. See our Full Disclosure for more important information.

Wealthfront and its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisor. Financial advisory and planning services are only provided to investors who become clients by way of a written agreement. All investing involves risk, including the possible loss of money you invest. Past performance does not guarantee future performance.