Most investors pay close attention to their asset allocation. And that makes sense since research has shown that the asset classes a portfolio is allocated to drive the majority of its return over time. But asset allocation isn’t the whole story. It turns out that where those assets are located among taxable, IRA and Roth accounts can also have a big impact on an investor’s after-tax return. In this episode, we take a deep dive into asset location and the key concepts investors need to understand.