Thrivent Financial for Lutherans' Landmark Group, a US financial services company, has launched an account management product to help investors manage capital gains taxes. The service provides an active tax overlay strategy that is designed to give investors improved absolute returns through potential tax savings, Thrivent said in a statement. "To more effectively manage capital gains tax for high net worth investors, we offer a tax-loss harvesting strategy that should be invaluable to clients who are averse to paying excess taxes," said Gary Tangwall, senior financial consultant with Thrivent. "Clients with highly concentrated stock positions with significant capital gains in their portfolios should benefit from this new service," Mr Tangwall said. Through the service, financial consultants associated with Thrivent and its clients will together determine how best to diversify the portfolio, reduce tracking error and meet the client's pre-defined tax budget. The service then obtains managers' investment models and manages the portfolios on a discretionary basis, balancing tax implications against managers' stock selections. The required minimum for this program is $1,000,000 of investable (after-tax) assets.