One of the fundamental aspects of financial advising is creating diversified portfolios tailored to the client’s needs. However, when it comes to long-term portfolio success, it's not just about what investments the client owns, but where they own them. Failing to implement a strategy for asset location could cost clients hundreds of thousands of dollars over their lifetime.
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.
In this webinar, 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!
Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.
Continuing Education (CE): 1.5 Credits
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI, and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes.
For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.
For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 75 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.
All attendees who meet the minimum attendance requirement of 75 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state-level insurance licensing although some states may accept completion certificates if you self-report.
Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible.
Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.
