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Do investment firms also handle taxes?

Do investment firms also handle the taxes for wealthy individuals for whom they build a portfolio?Or do such pepole generally have to outscource that out?
whowasthatmaskedman · 70-79, M
While investment firms do take into account tax law when preparing investment options for any person of wealth (Deductables matter) Any wise person will have a tax specialist prepare and advise on their overall situation, which will include non investment considerations. such as property tax..😷
4meAndyou · F
Not as a general rule. Investment firms invest so you can grow your money. You need a good tax accountant to do the taxes.
REMsleep · 41-45, F
Good question. I'm sure that some might but I would also think that wealthy people want one hand checking the other so they would not want everything left up to one company.

 
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