Getting Started

From holdings file to trade list in six steps

  1. 1
    Load holdings

    Import a custodian CSV. Lots, sectors and cost basis are read automatically.

  2. 2
    Select a model

    Choose a target model by ticker or by sector, with the account's asset-class split.

  3. 3
    Review against the model

    Compare sector exposure, client versus model, before any trade.

  4. 4
    Set the tax budget

    Enter filing status, income and state. Rates are derived, not typed in.

  5. 5
    Choose a scenario

    Weigh tax paid against model alignment, from $0 tax to a full transition.

  6. 6
    Print the trade list

    Buys, sells and the specific lots to sell, ready for execution.

How Pivot decides which trades to make

What to sell, in order

  1. Harvest losses first, including a losing lot inside a winning position.
  2. Trim concentrated single-stock positions.
  3. Trim sectors that are overweight against the model.
  4. Sell what's left at the lowest tax cost per dollar.

What to buy, in order

  1. Refill the cash reserve.
  2. Fill underweight sectors first.
  3. Bring the remaining tickers up to their model weights. No position is ever bought above its target.

Walk through all six steps on a sample client account.

Start the guided demo