Corporate Executive In A Demanding Job

CORPORATE EXECUTIVE IN A DEMANDING JOB

Fifty-two year old corporate executive in a very demanding, time-consuming job, came to us when he and his wife realized that their financial lives were too complex and they needed help.

THE SITUATION

• Wealth concentrated in employer's stock
• Outdated beneficiaries on file for retirement assets
• Out-of-date estate and disability planning documents
• No strategic plan for wealth accumulation or protection

OUR APPROACH

• Created an inventory of all assets, liabilities, income sources and vesting schedules
• Built financial planning projections to determine a prudent level of investment risk
• Consolidated a number of former employer retirement accounts and IRAs
• Conducted an insurance needs analysis which included reviewing employer-provided benefits
• Introduced the client to an attorney to establish a comprehensive estate plan

SIGNIFICANT RESULTS

• Better equipped to monitor their financial and lifestyle goals
• Diversified investment portfolio matching clients' goals and risk profile
• Minimized income taxes by proper timing of employer stock divestiture