Deploying tax-efficient strategies within an investment portfolio is one of the most critical roles of a financial advisor, especially because many investment managers focus on pretax investment returns. By emphasizing after-tax returns, advisors may better meet the needs of their high-net-worth clients-particularly in high-tax states. Here are three key areas to focus on to improve after-tax returns: Think asset location. Not to be confused with asset allocation, asset location is one of the most effective tactics in maximizing after-tax gains. […]