Core Insights - The article emphasizes the importance of adopting new financial habits in 2026 to improve personal finances, with a focus on automation and regular financial assessments [1][2]. Group 1: Automating Financial Processes - Automating investments is highlighted as a crucial habit, allowing individuals to convert earned income into assets without being distracted by external factors [3][4]. - The recommendation is to establish a system for investing rather than relying solely on personal discipline [4]. Group 2: Tax Management - Regular tax optimization throughout the year is advised, rather than only addressing taxes during tax season, to prevent loss of money through overlooked tax strategies [5]. - This approach is particularly important for individuals who may be struggling financially, as it can help identify inefficient spending and potential savings [6]. Group 3: Financial Tracking and Assessment - Monthly tracking of spending is recommended to adapt budgets according to changing financial circumstances and goals [5]. - A quarterly self-assessment is suggested, where individuals should reflect on the impact of their financial decisions and whether they align with their long-term goals [7].

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Fintech 55ip, a fully owned subsidiary of JPMorgan Chase, and InvestCloud expanded their strategic partnership to enable tax optimization for both public and private market assets within a single UMA.  Financial advisors can now integrate 55ip’s proprietary ActiveTax Technology with InvestCloud’s Private Markets Account, allowing for automated tax optimization, tax loss harvesting and tax tra ...