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Avoiding the Tax Man: Bruce Lavine on how to Diversify Without Getting Burned

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Manage episode 499044503 series 3383922
Content provided by Michael A. Gayed, CFA, Michael A. Gayed, and CFA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael A. Gayed, CFA, Michael A. Gayed, and CFA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Lead-Lag Live, I sit down with Bruce Levine, COO and Head of ETFs at Astoria Portfolio Advisors, to talk about one of the biggest problems facing investors today — how to diversify out of concentrated stock positions without triggering massive tax bills.

We dig into the upcoming launch of the LCOR ETF, built around the innovative 351 exchange structure, and how it can help investors turn overexposed gains into a diversified, actively managed portfolio.
In this episode:

  • Why “yesterday’s winners” rarely lead the next decade
  • How the 351 exchange works — and who can benefitThe tax advantage that only comes once: October 1 launch date
  • Why diversification matters, even for the biggest tech winners
  • How LCOR aims to beat the S&P 500 with a large-cap core strategy

Lead-Lag Live brings you inside conversations with top financial minds shaping markets in real time.
Subscribe for more interviews, insights, and raw takes that cut deeper than the headlines.

Start your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!
Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEs
Spotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V

Support the show

  continue reading

Chapters

1. The Tax Trap in Concentrated Positions (00:00:00)

2. The 351 Fund Structure Explained (00:02:24)

3. LCOR ETF Launch and Participation Details (00:05:51)

4. Ideal Investors and Portfolio Examples (00:09:41)

5. Next Steps and Information Resources (00:12:23)

859 episodes

Artwork
iconShare
 
Manage episode 499044503 series 3383922
Content provided by Michael A. Gayed, CFA, Michael A. Gayed, and CFA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael A. Gayed, CFA, Michael A. Gayed, and CFA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Lead-Lag Live, I sit down with Bruce Levine, COO and Head of ETFs at Astoria Portfolio Advisors, to talk about one of the biggest problems facing investors today — how to diversify out of concentrated stock positions without triggering massive tax bills.

We dig into the upcoming launch of the LCOR ETF, built around the innovative 351 exchange structure, and how it can help investors turn overexposed gains into a diversified, actively managed portfolio.
In this episode:

  • Why “yesterday’s winners” rarely lead the next decade
  • How the 351 exchange works — and who can benefitThe tax advantage that only comes once: October 1 launch date
  • Why diversification matters, even for the biggest tech winners
  • How LCOR aims to beat the S&P 500 with a large-cap core strategy

Lead-Lag Live brings you inside conversations with top financial minds shaping markets in real time.
Subscribe for more interviews, insights, and raw takes that cut deeper than the headlines.

Start your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!
Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEs
Spotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V

Support the show

  continue reading

Chapters

1. The Tax Trap in Concentrated Positions (00:00:00)

2. The 351 Fund Structure Explained (00:02:24)

3. LCOR ETF Launch and Participation Details (00:05:51)

4. Ideal Investors and Portfolio Examples (00:09:41)

5. Next Steps and Information Resources (00:12:23)

859 episodes

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