Diversifying Highly Appreciated Securities with 351 ETF Conversions

Course Information

Earn: 1 NAPFA CE, plus 1 CFP^® CE with completion of an optional quiz
Content Level: Foundational
NAPFA Subject Area: C-Investments

Sponsored by:

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Course Description

Investors with highly appreciated securities can feel stuck between diversifying and triggering unwanted taxes. With U.S. market valuations near historic highs, and the potential for portfolios to be overexposed to a handful of stocks, Meb Faber will share a strategy that can help manage concentration risk, diversification, and long-term planning in a more tax-aware manner. Attendees will gain a deeper understanding of how the 351 ETF conversion works, and what types of portfolios might qualify.

This Partner Solutions webinar is sponsored by Cambria Investment Management.

Learning Objectives

Understand the current state of global equity market valuations and market concentration.
Understand the structure and mechanics of 351 ETF conversions.
Learn how 351 ETF conversions may allow investors to diversify highly appreciated securities without recognizing immediate capital gains.

Speaker

Meb Faber
Co-founder/CEO/CIO, Cambria Investment Management in Manhattan Beach, CA

Meb Faber is the co-founder, CIO, and CEO of Cambria Investment Management. A noted author and speaker, Meb has been featured in major financial media outlets including The New York Times, The Wall Street Journal, Barron's, and CNBC. He is also the host of The Meb Faber Show podcast, where he interviews top thinkers in investing, business, and personal finance. Meb brings a data-driven, global perspective to portfolio construction and risk management.

Summary

Availability:

On-Demand

Access expires on Jul 31, 2026

Initial Cost:

Member: $0.00
Non-Member: $19.00

Additional Cost:

CFP® CE Quiz: Free

Credit Offered:

1 NAPFA CE Credit

Contains:

2 Courses

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