How Advisors Can Build More Tax-Efficient Portfolios with Andrew Ang

This week, Jack Sharry talks with Andrew Ang. Andrew is a leading voice in quantitative investing, factor research, tax-efficient portfolio construction, and AI. He spent 15 years as a professor at Columbia Business School and 10 years as Managing Director at BlackRock, where he led work across factors, sustainability, and investment solutions. Today, he is the Co-Founder of Tau Balance, where he applies technology, tax expertise, and AI to wealth management.

Andrew talks with Jack about factor investing and tax-efficient portfolios, why taxes can significantly affect what investors actually keep, and how advisors can think beyond pre-tax returns when building portfolios. Andrew also shares his vision for the “self-driving portfolio,” an agentic investment strategy where AI agents can specialize across asset classes, challenge one another’s assumptions, and continuously learn.