Tax Considerations in Private Wealth Management

Jane, a high-net-worth individual, is evaluating her investment portfolio and the associated tax implications. She has a diverse range of investments, including stocks, bonds, and real estate. Jane is considering the impact of capital gains tax on her potential growth strategy. She recently read that her long-term capital gains will be taxed at a lower rate than her ordinary income and is wondering how this might influence her asset allocation decisions. As Jane's private wealth advisor, you need to advise her on how tax considerations should shape her investment choices.