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Account Value (Asset Location)

When setting asset location preferences, Account Value lets you set the priority for the location of assets based on total market value of an account plus or minus the current cash position.

To buy in the smallest account in a group first, choose Ascending Value. Account Value serves as a tie breaker when two or more accounts have the same Asset Location Preference label. We recommend that you give smaller accounts higher priority.

To prioritize among Asset Location Preference, Tax Status, and Account Value for the accounts within a group, drag each section into your preferred order

We recommend that you give highest priority to accounts you want to trade the least, usually taxable accounts. Accounts with lower priority will have more trading; these are usually tax-exempt accounts.

For more detailed information on asset location, see Set Account Priorities and Set Model Priorities.