Mobile Edition

Tax-Smart Investing (4173034C)

Date:Monday, December 18, 2017
Time:11:30AM - 7:00 PM
(Registration at 11:00AM)
Facility:Webcast or Webinar, Online
CPE Credit:8.0 Technical Business
Instructor: Marty McNamara
Vendor:California CPA Education Foundation
Course Level:Intermediate
Early Bird Price:$245.00 FICPA Members, $365.00 Non-Members


Learn about important considerations for professional investment management services and gain a better understanding of investment portfolio construction with a focus on maximizing after-tax returns for individuals, families and trusts subject to the net investment income tax or federal estate taxes. The course will examine tax characteristics of various investment vehicles and how to utilize them to your clients’ advantage. The course is designed to incorporate multi-generational income and estate tax planning with modern portfolio theory and prudent investing for fiduciaries. Real-world client scenarios will be used as examples and you are invited to bring your own client scenarios to work through with the class.

  • Recognize the income and estate tax characteristics of stocks, bonds, annuities, exchange traded funds, mutual funds and separate account managers.
  • Determine passive and active investment strategies.
  • Identify fundamentals of risk and return in the context of modern portfolio theory.
  • Discuss the duties of investment fiduciaries. 
  • Recall modern portfolio theory to prudent investment management principles for fiduciaries.
  • Determine how to incorporate investment product selection into the context of a client’s income and estate tax situation.
  • Recognize tax implications of different account types and forms of ownership.
  • Identify net investment income tax planning opportunities for clients and their heirs.
  • Examine several case studies to apply the content to real client scenarios. 

Major Topics:
  • Investment management for fiduciaries
  • Net investment income tax
  • Federal estate tax planning
  • Asset location

Who Should Attend:

CPAs, CFPs, and professionals in public practice and industry advising high income and high net-worth clients, and/or those seeking to gain a better understanding of tax-smart investing concepts.

General knowledge of individual income and estate taxes, along with a basic understanding of marketable securities, such as stocks and bonds.

Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.