I have a large, concentrated employer stock position that I want to partially liquidate and to diversify.
One recommended way to do this is to use "Direct Indexing". One Fidelity financial planner told me that it would also help me lower my capital gains tax.
Has anybody used it or studied it? Does it really achieve what it aims to do (firstly to lower taxes and secondly to diversify)? I just hope that it's not one of those products that this FP wants to sell to me so that he can earn a commission for it.
Thank you in advance.
