Last year Regent Peak Wealth Advisors shared a video from our Founding Principal and Managing Director, Craig Robson, CFP®, CIMA®, CDFA® that explained the difference between asset location and asset allocation. This multifaceted approach allows for tax efficiencies and diversification.

Asset Location: allows for strategic tax optimization by placing different types of investments in the most tax-efficient accounts (e.g., taxable, tax-deferred, or tax-free) within your portfolio.

Asset Allocation: involves a broader investment strategy by determining a mix of various asset classes within your portfolio (e.g., stocks, bonds, real estate, alternative investments, and cash, amongst other specialty funds). The idea here is to balance risk and reward.

As with the creation and ongoing management of anyone’s portfolio, it’s important to engage your advisory team to discuss your financial goals and assess your risk tolerance. Pairing those together to ensure your timeline to achieve your goals aligns with your objectives, and your portfolio paints a picture of your path to get there. It’s not a set and forget, its ongoing assessment and reevaluation.

Contact Regent Peak today to discuss whether your assets are strategically located as well as allocated. By implementing both, you can unlock greater potential of your wealth management strategy and work toward achieving your financial goals with confidence. We are your co-pilot. We make it happen.

DISCLAIMER: Regent Peak does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.