Tax-aware ETF allocation.

Goal, account wrapper, tax brackets, state treatment, risk bands, and time horizon go through a constrained optimizer with factor-model covariance and Black-Litterman return blending. What comes out is a portfolio you can defend line by line.

Start the workflowRun the optimizerGoal · taxes · risk · review

DBETF universeLive universe

OKModel statusFactor + BL active

Find ETFsSearch by exposure, tax fit, role, or theme.Check yieldsTreasury, SOFR, and after-tax yield context.How we modelFactor covariance, constraints, and validation evidence.

Before client review

Compare tax drag vs. standard benchmarkCheck factor exposure and concentration capsRun stress scenarios and tail riskVerify wash-sale hygiene and suitability flags