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One of the biggest challenges financial advisors face with clients who have employee stock compensation is getting across to them the risks of having too much net worth in their company’s stock. The client may be very loyal to their company’s stock and/or have unrealistic expectations about its future performance. Advisors must persuasively explain overconcentration risk and craft strategies to diversify, create liquidity, and protect the stock in a tax-efficient way.
myStockOptions.com, the leader in online educational resources for stock compensation, is holding a webinar for advisors that offers crucial guidance on managing concentrated positions in company stock. Registration is now open for this lively, insightful event:
Strategies For Concentrated Positions In Company Stock
May 26, 2021, 2pm–3:40pm ET, 11am–12:40pm PT
Panelists:
- Brian Yolles, founder and CEO of StockShield LLC
- Valerie Gospodarek, founder of VG Financial Consulting LLC
- Aaron Staley, creator of website AMA Finance
- Mark Leeds, a partner at law firm Mayer Brown
- Bruce Brumberg (moderator), editor-in-chief of myStockOptions
In 100 lively minutes, this panel of experts in managing concentrated stock wealth will explain:
- Role of the financial advisor in explaining overconcentration risks and solutions
- Strategies to diversify and create liquidity and/or protect the stock in a tax-efficient way
- Basic strategies: sales, gifts, and charitable donations of stock
- Short-term strategies: protective puts, covered calls, collars, and forwards
- Long-term strategies: exchange funds and stock protection trusts
- Tax, legal, and SEC complexities, including how Rule 10b5-1 plans can be used
- Key features of each strategy
- Checklist to evaluate which approaches are best
- Case studies
“Wealth is won and lost through the management of concentrated company stock positions,” says webinar panelist Brian Yolles, founder and CEO of StockShield LLC. “With the S&P 500 setting record highs, financial advisors need to understand the wide range of strategies and solutions available for preventing loss of wealth and for meeting clients’ financial goals.”
“This is a complex area,” adds moderator Bruce Brumberg, editor-in-chief of myStockOptions. “We are delighted to have webinar presenters experienced with addressing the various approaches to handling concentrated stock holdings and the issues they raise.”
The webinar offers 2.0 CE credit hours for:
- Certified Financial Planners (CFPs)
- Certified Equity Professionals (CEPs)
- CPWA and CIMA certifications from the Investments and Wealth Institute
Registration for this special webinar is now open.
Disclaimer: The news site hosting this press release is not associated with myStockOptions.com. It is merely publishing a press release announcement submitted by a company, without any stated or implied endorsement of the information, product or service. Please refer to a tax attorney or CPA for tax advice.
About myStockOptions.com
With award-winning content and tools, myStockOptions.com is an independent and unbiased source of expertise on stock options, restricted stock, restricted stock units, performance shares, stock appreciation rights, and employee stock purchase plans. We specialize in making complex stock compensation topics clearly understandable and relatable, in plain English and with an engaging style. Our audience includes:
– stock plan participants
– financial planners, wealth advisors, and CPAs
– professionals in stock plan administration, human resources, compensation, and finance
– attorneys, corporate counsel, and other members of legal staff
In addition to individual memberships, we also offer corporate services.
