In this webinar, Michael Kitces explains how asset location can be used to optimize after-tax returns and why the traditional “pro rata” method may not be the most effective approach. Throughout the session, Michael illustrates how tax characteristics, account types, expected returns, and investor behavior intersect to drive wealth outcomes. Advisors will learn how to:
- Differentiate between the tax characteristics of investment returns and their influence on optimal asset location.
- Account for turnover and dividends on asset tax efficiency within different account types.
- Apply the Asset Location Smile framework to client portfolios by building an asset location priority list.
- Implement asset location planning across a household for tax efficiency.
- And more!
