Short Against The Box

Investors with a Short Against the Box, a specific tax and monetization strategy, may also benefit from a fee audit. 

Short Against the Box Client Story

Background:  A Monetization & Tax Strategy

A Short Against the Box strategy is a method for investors to sell an appreciated stock position and withdraw the majority of its value without triggering a taxable event.  Often with this approach there is an opportunity for a fee reduction and the compounding effect of this fee reduction can be significant.

The Client

A client from California with a $18 million Short Against the Box approached FeeEffect to help them assess their fee structure.  FeeEffect brought in their expertise in this strategy to apply a fee optimization strategy.

The Power of Small Changes

On behalf of the client, FeeEffect was able to secure a lower rate, reducing fees by more than half.

The client saved $130,000 during the first year and a larger amount every year thereafter. Due to the perpetuity nature of the Short Against the Box, the value of savings was nearly $8 million including growth over the following 15 years. 

We do not sell or promote any securities or investment. We do not take custody of assets. We only offer advice on investment fees.