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LifeYield Releases the Practice Optimizer

By LifeYield | June 1, 2011 | Income Advantage

Boston, MA, June 1, 2011 – LifeYield, LLC, a leader in tax-smart household management software that can increase returns and income by 5-33% according to independent research by Ernst & Young, today announced that it has released its LifeYield Practice Optimizer, which shows financial advisors the additional assets under management (AUM) and fee revenue they can generate by using LifeYield’s software suite.

During a client’s accumulation and retirement periods, LifeYield’s software suggests tax-smart trades across a client’s taxable and tax advantaged accounts, which generates more asset growth and income for clients. Advisors report this means greater AUM and fee revenue. LifeYield developed the LifeYield Practice Optimizer to show financial advisors the significant impact reducing taxes for clients can positively impact their profitability.

“LifeYield is dedicated to helping advisors gather more assets by delivering better returns to their clients,” said Mark Hoffman, CEO and Co-founder of LifeYield. “And even without increasing their current business, improved returns through tax-smart management means increased AUM and fee revenue for advisors. We built the LifeYield Practice Optimizer to show advisors the real-time benefits they can enjoy by managing client assets in a tax efficient way.”

The LifeYield Practice Optimizer allows a financial advisor to enter basic information about his/her practice, such as current AUM, basis point fees, and see how much LifeYield’s tax-smart software can increase their fee revenue over five, 10, and 15 years.

LifeYield’s software suite includes LifeYield ROI™ and LifeYield Illustrator™. LifeYield ROI suggests the most tax efficient sequence to grow and withdraw assets across multiple taxable and tax-advantaged accounts. LifeYield Illustrator allows advisors to demonstrate the benefits investors can enjoy by consolidating assets with an advisor using LifeYield ROI.


About LifeYield
LifeYield (, creators of the Taxficient Score®, is the industry innovator and leader in facilitating tax-smart, risk-smart household portfolio management. LifeYield's Advantage Suite® enables financial advisors to provide a comprehensive, tax-aware view of a client's entire investment and insurance portfolio, including easy-to-use tools to engage clients so they make and keep more money, and achieve their financial goals.
Based in Boston and founded by finance and technology industry leaders, LifeYield believes that by leveraging digitally enhanced advice advisors can improve investor outcomes and enhance the value and experience of support goals-based wealth management strategies.
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