FairShares has developed a patented software platform that enhances market infrastructure by providing DistributionRisk Analytics and RoboTax solutions, which help investors manage hidden costs and unjust taxation. This technology addresses the issue of inflated security values and material investor losses caused by outdated financial practices, enabling users to maximize after-tax returns and recover overpaid taxes.
Funding
Funding not disclosed
Founders
Product
Problem
Investors in global stock markets face hidden costs and unjust taxation due to outdated market infrastructure, leading to inflated security values and material losses. A significant issue is "buying a dividend," where investors unknowingly pay taxes on returns that are essentially a return of their own capital. Pending regulations aim to address these hidden costs, but the financial services industry is largely unprepared.
Solution
FairShares offers a patented software platform designed to enhance market infrastructure and protect investors from hidden costs and unjust taxation. Their DistributionRisk Analytics tools provide data to increase after-tax returns and help fiduciaries protect clients from losses. The RoboTax solution protects investors from unjust taxation by creating accurate tax forms and amending previously filed returns. CleanNAV Tech aims to create structural alpha, allowing funds to trade at a discount and provide investors with daily income.
Target Audience
The primary target audience includes individual investors, fiduciaries, securities issuers, custodians, and brokers seeking to maximize after-tax returns and comply with evolving regulations regarding hidden costs.
Features
- DistributionRisk Analytics: Provides data to increase after-tax returns and mitigate hidden risks in income-producing securities. Available online or via API.
- RoboTax: Generates accurate tax forms for brokers and custodians and amends previously filed tax returns.
- CleanNAV Tech: Aims to create structural alpha, allowing funds to trade at a discount to traditional counterparts.
- Investor disclosure tools to comply with federal disclosure laws and pending FTC regulations.