Mathematical Finance & Financial Data Science Seminar

An Algorithmic Approach to Taxable Investing

Speaker: Adam Grealish, Director of Investing, Betterment

Location: Warren Weaver Hall 1302

Date: Tuesday, May 7, 2019, 5:30 p.m.


The taxable investor faces unique challenges in portfolio construction and management. For example, taxable investing offers a number of opportunities to generate outperformance after tax, not considered in the management of pre-tax portfolios. In this talk, we discuss various strategies for tax efficient portfolio management, how they can be formulated as mathematical problems and how they can be efficiently implemented in algorithmic frameworks. 

[Presentation slides]


Bio – Adam Grealish

Adam Grealish is the Director of Investing at Betterment, the largest independent online financial advisor with over $15 billion in AUM. Adam and his team are responsible for Betterment's strategic asset allocation, fund selection, automated portfolio management and tax strategies. Before joining Betterment, Adam founded a natural language processing startup that matched individuals with employment opportunities. Prior to that, he was a vice president at Goldman Sachs' FICC division, responsible for structured corporate credit and macro credit trading. Earlier in his career, Adam was part of the global quantitative equity portfolio management team at New York Life Investments.