Feature · what this software actually does
Cross-account wash-sale guard
Tracks substantially-identical positions across taxable, IRA, and spouse accounts to block disallowed losses.
automatedRuns unattended; humans handle exceptions.
Vendors that ship this
Leaders
- Smartleaf
- Envestnet Tamarac
Adjacent
- Advisorpeak
- Orion Advisor Tech
Build vs buy verdict
buy
The cross-account part is what trips most homegrown rebalancers; single-account guards are easy.
Skills it exercises
Roles that touch it
Where it shows up in the workflow
- Tax-aware lot selection & wash-sale guarddailyProposed trades respect ST/LT gain limits, holding-period rules, and cross-account wash-sale windows.
Most relevant for
- HNW
- UHNW
Test yourself · topic quizTuned · Investment Management
Multiple-choice — different from any drill above.
Or play and read