David Askew, managing director at Mercer Advisors, said new clients often seek help managing the potential tax consequences of a single major asset in their portfolio. “Because they’ve been focused on building these assets, they’ve often overlooked the realization of any capital gains,” he said. “Now they’re looking at what they’ve built, and they don’t want to lose it to unnecessary taxes.”“Creating investment alpha is about tax management alongside investment management,” said Scott Smith, senior director ...