Interactive Brokers Adds Vise Long Short Across Four Leverage Levels
By Tareq Sikder
AI summary of the source article
Vise has expanded its Long Short investment strategy across four leverage levels to client accounts held at Interactive Brokers. The strategy combines long and short positions to offer daily tax-loss harvesting while maintaining 100% net long market exposure.
Why it matters
The move comes as "some large custodians have raised minimum investment requirements or paused new accounts for tax-aware long-short strategies," which has "limited access for advisors managing smaller client portfolios."
Key facts
- Vise expanded its Long Short strategy to Interactive Brokers, giving financial advisors access to four leverage levels.
- Interactive Brokers joins Charles Schwab, Fidelity, Goldman Sachs Custody Solutions, Raymond James, TradePMR, and Altruist as supported custodians.
- The strategy targets clients with large unrealised capital gains and features daily tax-loss harvesting alongside wash-sale screening.
Source excerpt · Finance Magnates
Vise has expanded its Long Short investment strategy to client accounts held at Interactive Brokers, giving financial advisors access to four leverage levels. The expansion adds to Interactive Brokers' existing services for financial advisors and portfolio managers. Earlier, the broker also integrated with third-party investment-management platforms , including robo-advisor Emotomy. London's tradi…