The Indicator from Planet Money · Monday, September 28, 2026
Financial advisors are increasingly pushing complex tax-loss strategies onto clients, even those for whom they may not be suitable. Investors can become trapped in accounts they do not fully understand, potentially incurring higher costs and facing difficulties in exiting these investments when desired.
“Many financial advisors are pushing this to every single client, even if the client is not right for this strategy. People can be trapped in accounts they don't understand, which might cost them a lot more because these things are complicated, and you can't really get out of them whenever you want.”