Top advisors were urged to help clients shelter income, harvest capital gains and realize losses this year in anticipation of major tax law changes being discussed by Congress. Over 7,000 wealth advisors met at the Forbes/Shook Virtual Top Advisor Summit titled The Road Ahead on March 4 to discuss the economy, the market outlook, and how the pandemic has reshaped the wealth management landscape. More than 7,000 top advisors and business luminaries registered for the virtual event produced by Forbes and SHOOK Research and sponsored by major wealth management firms. Other proposed tax changes would affect carried interest and estate tax planning. “I can’t remember a time when we have seen capital market activity be so robust,” said Jennifer Haggerty, Merrill Private Wealth Management.

Source: Forbes March 18, 2021 13:07 UTC