Occasional writing on markets, taxes, Florida residency, and the long arc of family wealth. We write only when we have something worth saying.
Why systematic tax-loss harvesting and asset location are quietly the most reliable source of excess return in a high-net-worth portfolio.
A century of evidence on what missing the best ten days does to long-term compounding — and why your behavior matters more than your forecast.
Florida's tax structure does not just save income tax. Over a thirty-year horizon, it changes the trajectory of family wealth. Here is the math.
The Journal is delivered occasionally — never on a schedule, never to fill space. If you would like to receive future essays directly, send a note.
Important Disclosures. Wolfson Private Wealth, LLC ("WPW") is an investment advisor registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. All investment strategies have the potential for profit or loss. Past performance is not indicative of future results. Diversification does not guarantee a profit or protect against loss.
Information presented on this website is for educational and informational purposes only, does not constitute investment, tax, legal, or accounting advice, and should not be construed as a solicitation, offer, or recommendation to buy or sell any security. Any client scenarios described are hypothetical composites for illustrative purposes only and do not represent any specific client, actual performance, or guarantee of results.
WPW does not offer tax or legal advice. Clients should consult qualified tax and legal professionals regarding their individual circumstances. Assets are custodied at Interactive Brokers LLC, a qualified custodian. WPW is not affiliated with Interactive Brokers LLC. The presence of a link to a third-party website does not imply endorsement.
Florida tax and asset protection commentary represents general information as of the publication date and is subject to change by legislative or regulatory action. WPW encourages all readers to obtain situation-specific counsel. Our complete disclosure brochure (Form ADV Part 2A) and Form CRS are available upon request and on the SEC's Investment Adviser Public Disclosure website.