Many high-net-worth individuals are not happy about how President Obama’s healthcare reform will affect their portfolios, which presents a great opportunity for advisors to reach out to these customers with strategies to help mitigate its effect, according to Tim Steffen, a financial and estate planning for Baird’s private wealth management group.

“Clients aren’t happy about the Medicare tax,” he said. “Angst over the health reform extends to this new tax that will make investors’ assets less valuable. They’re angry and frustrated about why the government is raising taxes again.”

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