Managing capital gains & concentration
Has anyone looked into strategies like Exchange Funds or Separately Managed Accounts that harvest losses as means to manage cap gains and/or portfolio over-concentration in VCX?
I have ~3700 restricted shares, avg entry price is below $11. We are not wealthy people, want to use VCX windfall to help finance retiring a few years earlier than planned. Even if VCX drops to $100 or $50, its big cap gains (we both work so will push us into higher bracket) if we sell, or leave us over-concentrated if we hold. We generally invest in Vanguard index funds and roll t-bills for liquidity needs. This is the only single stock we own.
Initial read on options like exchange funds and SMAs is they are high fee, high minimum, and need an FA to access some products. Exchange fund is a 7-year lock up but that suits us fine for retirement.