Tackling Taxes with Custom Fixed Income and Direct Indexing SMAs – Invesco – 4.8.24

Summary:

On Demand Soon

Curating your client’s personalized wealth journey and potentially maximizing the portion of returns they get to keep after taxes involves choosing the potential right partner. Custom SMAs by Invesco empowers you to unlock new ways to construct portfolios that are tailored to your client’s unique objectives, values, and needs; All while also addressing many clients’ foremost concern – taxes. In this panel discussion webinar, we’ll discuss innovations like active tax loss harvesting in fixed income SMAs, and also differentiated benchmarks and long/short implementation in direct indexing strategies. These features are available from Invesco today and address common pitfalls of popular SMA solutions like laddered bond portfolios and traditional direct indexing. Join us to explore how offering client’s access to Custom SMAs by Invesco may lead to better net of tax and net of fee outcomes.

Speakers:

Josh Rogers is Lead Client Portfolio Manager for custom equities based in New York. In this role, he is focused on commercialization efforts and serves as an expert on the firm’s expanding platform of systematically implemented separately managed accounts (“SMAs”), which provide both tax optimization and customization capabilities.

Mr. Rogers joined Invesco in 2022. Prior to joining Invesco, he served as a senior investment specialist for the advisory and beta solutions group within J.P. Morgan Asset Management, dedicated to commercializing both quantitative and core beta ETF and direct indexing strategies. Before that, Mr. Rogers spent a decade at BlackRock in various roles related to the iShares and Blackrock Funds businesses. Most recently, he was a factor strategist dedicated to commercializing long-only factor ETFs with both retail and institutional clients. Mr. Rogers also held roles as a technical expert on the broader range of iShares ETFs and product development for liquid alternatives mutual funds.

Mr. Rogers earned a bachelor’s degree in business management and economics from Gettysburg College.

Kent McGlincy is a Client Portfolio Manager for the Invesco Managed Accounts team. In this role, he is focused on separately managed account strategies. He also helps financial representatives establish a proper foundation for their clients by providing guidance on their bond allocations.

Mr. McGlincy joined Invesco in 2019. Prior to his current role, he managed direct client relationships as a market leader for the Personal Investing Platforms division. During this time, he tripled the assets under care with the personal investing division and managed over 500 high-net-worth, nonprofit, and business relationships. Before joining the firm, Mr. McGlincy spent eight years as a regional sales consultant with Federated Investors, focusing on mutual funds and separately managed accounts with independent broker dealers. He entered the financial industry in 2009.

Mr. McGlincy earned a bachelor’s degree in economics from St. Lawrence University and an MBA from the University of Denver – Daniels College of Business. He is a member of the Beta Gamma Sigma Honors Society. Additionally, Mr. McGlincy sits on the board of directors for a Denver-based nonprofit called Wish of a Lifetime from AARP, whose mission is to shift the way society views and values our oldest generations by sharing seniors’ inspirational stories.

Patrick Mullins is Head of SMA Specialists at Invesco and leads a team of 5 regional sales / support leaders focused on SMA business development. He has worked in various senior roles related to SMA product management and business development since 2002.

Prior to joining Invesco in 2022, he served as Head of Separately Managed Account (SMA) business at Columbia Threadneedle Investments since 2017. Prior to Columbia, Patrick was Senior Vice President at Bank of America (BofA) leading SMA platform initiatives at both U.S. Trust and Merrill Lynch. Before joining BofA in 2006, he introduced SMAs at Citizens Bank’s Wealth Management division and held various roles within Fidelity and Bank of Boston.

Mr. Mullins received a B.S. in Management from Suffolk University and an MBA from Bentley University. He is a Certified Financial Planner (CFP^®) and is co-chair of the NICSA SMA sub-committee, which is an industry round table.