SMA design, tax-loss harvesting scans, projections, research, client-ready reports and more, generated in plain English.
Save hours. Win clients. Play more golf.
Kitces Research finds advisors spend about 45% of their time on behind-the-scenes prep, analysis, and servicing, and only 20% with clients. Most of that time is spent operating software, not exercising judgment. Wallace collapses the operating onto a single, streamlined canvas.
Build a custom SMA through a spreadsheet, a vendor portal, and a phone call.
1 SMA · 312 holdings · 0.41% tracking error · blueprint ready (illustrative)
Harvest losses once a year, in December, account by account, hoping nothing trips a wash sale in the spouse's IRA.
Daily harvest scans and candidates with household wash-sale prevention¹
Model a tax-aware transition in Excel over a weekend.
After-tax outcomes, tracking error, and multi-year schedules in seconds
Assemble quarterly reports from three systems and a screenshot.
Client-ready, firm-branded, generated from live positions
Built around a tax-aware portfolio engine, plain-English customization, and goals-based planning, each composing into a single client account.
After-tax alpha, surfaced daily.
Account-level harvest scans with household wash-sale prevention surface opportunities to offset client gains and income. Daily candidates, projected savings, configured to your preferences. You decide what to act on.
Configure the SMA with just an idea.
Describe the strategy. Wallace builds it with tilts, screens, exclusions, sector caps, and more, a complete blueprint in seconds, ready to implement at your custodian.
Unlimited, goal-based SMAs.
Every goal, retirement, college, a second home, gets its own SMA and its own forward projection.
Model the move before you make it.
Compare after-tax outcomes, tracking error, projections, and simulations in seconds.
Ask anything about the book.
Concentration, drift, harvest candidates, exposure by household. Answers from live account data, not last quarter's export.
The report writes itself.
Describe what the meeting needs. Wallace assembles a client-ready, firm-branded report: after-tax performance, harvesting activity, goal progress.
Cerulli reports only 18% of advisors use direct indexing, and 26% with access still decline it. The blockers are operational: minimums, cumbersome tools, manual transitions. The research on the value is consistent. Morningstar measured an average 69 bps per year of tax benefit over a direct indexing strategy's first five years, and Vanguard's backtests put tax-loss harvesting alpha near 0.85% per year federally, roughly 1.2% in high-tax states.¹ Wallace removes the labor between your clients and that value.
¹ Estimated tax alpha reflects typical ranges and is illustrative, not a forecast. Tax-loss harvesting benefits depend on market dynamics, realized gains, and advisor action. Actual results vary by client and are not guaranteed. Sources: Morningstar; Vanguard (2015–2024 backtest); Cerulli; FTSE Russell.
Wallace plugs directly into your custodian’s data. We never take custody, never move assets, never place trades, never require new accounts. You stay adviser of record on every account.
Every recommendation is yours to act on. Wallace informs the decision; you make it.
Resolves your request against live account data and delivers the scans, analyses, and reports.
Wallace connects directly to your custodian’s data. No re-papering, no new accounts, no changes to how you trade.
Wallace is full-service infrastructure for finance professionals: direct index design, tax-loss harvesting intelligence, SMA modeling, goals-based planning, simulations, research, and reporting in one intelligence platform you can drive in plain English. We connect directly with your custodian's data and deliver a bespoke experience for your clients. Skip the patchwork of vendors: the most powerful solution in the simplest interface.
Wallace is an SEC-registered investment adviser. We offer a retail mobile app for direct indexing and goal-based research, and we license and white-label our software to RIAs, CFPs, and institutional partners while maintaining a fully compliant structure. Wallacetakes no custody, no discretion, places no trades, and is not a sub-adviser. Every investment decision is yours, and you remain adviser of record. Our services are end-to-end encrypted, with modularity to swap custodians, KYC providers, and third-party research tools.
Wallace is built around three pillars: a tax-aware portfolio engine, SMA customization and personalization, and goals-based wealth management, all driven by a natural-language layer for research, simulations, and reporting. We combine cutting-edge tax-loss harvesting with thematic, exclusionary, and tilt-allocated SMAs under a goals-based allocation and analysis system, plugged directly into your custodian's data. A patent-pending AI allocation engine turns any client idea into a custom, tax-aware SMA blueprint in seconds.
Email us for all inquiries, support, and feedback at support@wallacefinance.io, or book time with our team from any button on this page.
