Roth Conversions & The $5M Case Study: Is Your Portfolio Too Concentrated?

In this episode of Money Matters, Scott and Pat dive into a $5M client case study on the hidden dangers of stock concentration and explain why a $1.5M Roth conversion might be your smartest tax move. They also tackle direct indexing and welcome Allworth partner advisor Victoria Bogner to share the story of "Jim and Karen." You’ll hear how this retired couple unknowingly had 35% of their $5 million portfolio tied up in just eight stocks—and how a shift in "asset location" saved them six figures in projected taxes.

Key Topics Included:

-Roth Conversion Strategies: Managing large pre-tax balances at age 65.

-Direct Indexing vs. Cash: Understanding the risks and tax-loss harvesting.

-The "Asset Location" Secret: Why the right account type matters for your bottom line.

-The Saver’s Mindset: Transitioning from building wealth to enjoying it.

 

Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at [email protected].

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