UBS On-Air: 'Investment Strategy Podcast: It's November. Do you know where your losses are?'

Summary: As the end of the year approaches, many investors are preparing for the upcoming tax season. Part of that preparation often includes tax loss harvesting, which simply said is a tax deferral strategy that proactively realizes losses to offset current or future taxable gains. So, the question remains, is it all worth it? We discuss this topic today with Michael Crook, the head of UHNW and Investment Strategy and investment analyst Michael Gourd, both from the UBS Chief Investment Office. Neither UBS Financial Services Inc. nor any of its employees provide tax or legal advice. You should consult with your personal tax or legal advisor regarding your personal circumstances. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.