Jason Glisczynski. (Contributed)

Financial Sense: Post-election tax planning

By Jason Glisczynski

With the recent election results, you may question how a new administration could influence your financial plans. We understand that policy changes bring uncertainties and opportunities, and as a financial advisor it is my job to guide clients with clear, proactive insights. I aim to ensure that their financial strategy remains robust, adaptive, and aligned with their long-term goals.

Strategic Financial Planning for Evolving Times

Political shifts can introduce both challenges and new avenues for financial growth. In our work together, we’ll explore key areas where potential policy adjustments may affect your portfolio and strategic steps to help you navigate these changes effectively.

Tax Policy Opportunities

Proposed tax changes could create opportunities to optimize after-tax income and streamline wealth transfer strategies. Here’s how we’ll focus on maximizing benefits for you:

  • Income Tax Planning: Adjustments to tax brackets may open avenues for enhanced cash flow and tax efficiency.
  • Investment Tax Strategy: Possible changes to capital gains rates may influence the timing of asset sales, presenting strategic planning opportunities.
  • Wealth Transfer Planning: With anticipated shifts in estate and gift tax policies, now is the time to consider intergenerational wealth transfer strategies.

Immediate Action Steps:

  • Schedule a Tax Strategy Review to uncover tax-saving opportunities aligned with new policies. 
  • Update your Estate Planning Documents to ensure your legacy is secure under current and evolving tax laws.
  • Evaluate Gifting Opportunities with tax-advantaged giving options.

Sector-Specific Market Implications

Potential policy changes may uniquely impact different market sectors, creating new opportunities for your portfolio.

  • Financial Services: Deregulation could spur growth, particularly in banking and lending.
  • Healthcare: Regulatory adjustments may reshape prospects in the healthcare and biotech sectors.
  • Energy: Shifts in policy focus between traditional and renewable energy could create strategic allocation opportunities.

Strategic Portfolio Actions:

  • Rebalance your portfolio to align with evolving sector dynamics in response to policy.
  • Conduct a Sector Risk Assessment to evaluate and adjust sector-specific holdings.
  • Review International Exposure in light of potential shifts in trade policy.

Framework for Your Priority Strategy Session

To best prepare you for these potential changes, I recommend scheduling a Priority Strategy Session, where we will focus on three key steps:

  1. Assessing Impact: Review how potential policy changes may influence your existing holdings.
  2. Optimizing Opportunities: Identifying immediate actions, such as tax and estate adjustments.
  3. Long-Term Positioning: Considering adjustments for continued growth and protection over time.

This focused approach ensures that you prioritize what’s most important to your financial future.

Understanding the Broader Economic Impact

Beyond individual sectors, broader economic policies can shape market trends and your portfolio’s trajectory.

  • Market Volatility: Political transitions may cause short-term fluctuations, but our focus remains on your long-term goals.
  • Interest Rates: Potential changes in monetary policy could affect fixed-income investments, underscoring the importance of a strategic approach to interest rate-sensitive assets.
  • Global Trade Policies: Shifts in trade relations may create challenges and opportunities in international markets.

Strengthening Financial Protection

Protecting your wealth is essential, especially in times of change. Here are key areas to enhance your financial resilience:

  • Liquidity Management: Optimize cash positions, review credit strategies, and assess investment timing.
  • Risk Management: Evaluate insurance coverage, strengthen asset protection, and consider portfolio hedging for added resilience.
  • Growth Opportunities: Explore sector-specific investments, tax-advantaged options, and alternative assets for diversification.

Your Strategic Advantage with Ongoing Support

Look for a wealth management partner who is committed to providing the following:

  • Proactive Guidance: Timely insights and strategies to keep you ahead of policy shifts.
  • Consistent Communication: Updates on relevant developments affecting your financial outlook.
  • Focused Planning: Tailored recommendations that reflect your personal goals and values.

I encourage you to schedule to reach out to your financial advisor to ensure you’re well-prepared for 2025 and beyond. Below are the key topics to address:

  • Discuss how potential policy changes could influence your financial strategy.
  • Identify immediate and long-term opportunities for growth and protection.
  • Address any specific questions or concerns you may have about the transition.

My commitment as an advisor is steadfast: to support financial well-being through strategic foresight and thoughtful planning.

Jason Glisczynski is co-owner and principal advisor for Silvertree, LLC.  He is a CERTIFIED FINANCIAL PLANNER Professional and a Certified Private Wealth Advisor Professional and specializes in working with business owners, executives, and workers in manufacturing.

Investment Advisory Services are offered through Brookstone Capital Management (BCM) LLC, a Registered Investment Advisor. Silvertree, LLC and BCM are separate companies.  Visit www.silvertreeplan.com for more information.