Interactive Brokers Adds Vise Long Short Across Four Leverage Levels
Interactive Brokers has expanded its services by adding Vise's Long Short investment strategy across four leverage levels, giving financial advisors access to advanced portfolio management tools.
Interactive Brokers has expanded its services by adding Vise's Long Short investment strategy across four leverage levels, giving financial advisors access to advanced portfolio management tools. The broker joins other major financial institutions including Schwab, Fidelity, Goldman Sachs, Raymond James, TradePMR and Altruist as Vise-supported custodians.
Vise extends daily tax-loss harvesting and wash-sale screening to long-short accounts held at Interactive Brokers, enhancing the broker's offering for financial advisors and portfolio managers. This integration builds upon Interactive Brokers' existing services, including its Tax Planner introduced in 2025 that provides tax-related portfolio insights.
The expansion comes as some large custodians have raised minimum investment requirements or paused new accounts for tax-aware long-short strategies, limiting access for advisors managing smaller client portfolios. Vise's Long Short strategy targets clients with large unrealized capital gains, including those holding concentrated stock positions or proceeds from business sales and real estate disposals.
Strategy Benefits
Vise Long Short extends the company's direct indexing offering by combining long positions in stocks expected to outperform with short positions in stocks expected to underperform, while maintaining 100% net long market exposure. The strategy aims to generate higher pre-tax returns at market-level risk.
Holding both long and short positions creates opportunities for tax-loss harvesting in different market conditions. Vise applies daily tax-loss harvesting to every account, including during rising markets when long-only portfolios may offer fewer opportunities to realize losses.
Long short has been treated as a product for a select few. The problem it addresses is not.
Implementation Details
On Interactive Brokers, advisors can access all four leverage levels of the Vise Long Short strategy. Vise noted that some large custodians no longer allow new accounts to access higher leverage options. The onboarding process is fully digital, with new advisory firms typically able to start using the service within about two weeks.
The system applies wash-sale screening across accounts sharing the same tax identification number, helping advisors comply with tax regulations. Vise Long Short can run alongside other strategies on the Interactive Brokers platform, providing flexibility for portfolio management.
Interactive Brokers continues to enhance its offerings for financial advisors, having previously integrated with third-party investment-management platforms including robo-advisor Emotomy. The addition of Vise's strategy further strengthens the broker's position in the advisory services market.
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