“Tax simplifies because if you're using a fund of fund, it's all managed through that one fund… your tax next year is going to be more complicated with multiple ETFs.”

“ETFs do things like in-kind creation. They have redemption mechanisms that help continue to defer those taxes in the future”

“Think one to three pages for each topic being discussed where you're highlighting the key points, the important takeaways, highlighting the key risks.”

“These last couple of months have been some of the first months that we have had that budget line versus actual variance down to every single GL.”

“Ternus ... works hands-on in the studio several times a week, sometimes visiting multiple times in a single day.”