Diversify
A written plan that sells your stock down at your pace, inside a Personalized Index that harvests losses.
Illustration, not a client.
Set the pace
Five years means roughly a fifth of the gain each year, less what harvested losses cover. When a year's budget is reached, selling stops until January. What sells when is in writing before you sign.
Your transition plan
Sold this yearGain realizedTax that year
Hypothetical illustration at a flat share price, before Forward's fee. Not a projection. No tax outcome is guaranteed. Harvested-loss offset is an estimate drawn from published research on direct indexing.
Your tax report
Gains realized
Harvest the losses
Losses in the index net against your gain, so the same budget sells more shares. Once a year, a report: losses harvested, gains realized, the difference.
A withdrawal can push past the budget. A fast day can land a little over or under. Losses are plentiful early and scarcer later. And the index tracks the market closely, not exactly.
$250,000 or more in one public stock, in a taxable account.
Not yet: locked-up or pre-IPO shares, unexercised options, company stock in a 401(k) or ESOP, entity-held positions, likely QSBS founders, Section 16 insiders, non-U.S. persons.
The plan changes. A lower price means a smaller gain per share, so the same budget sells more shares. If it drops a lot, we can sell faster, or pause.
Yes. Raise the budget, lower it, or stop for a year. We rerun the plan and send you the new one.
Take it. A withdrawal can push past the year's budget. You will know the tax before it happens.
Yes. Name a number of shares or a dollar amount. The plan sells down to that and stops.
No. Nothing is pooled or locked up. The stocks sit in your account and you can leave whenever you want.
Free strategy session →Most people with one big position want the same thing. Get out slowly, and do not pay the whole tax bill in one year. I could not find that without a lock-up, so I built it.