Is there any tax saving strategies or optimization opportunities that I’ve overlooked? What can I do to mitigate the downside risk and in the meanwhile not to trigger tax on my substantially concentrated equity compensation positions? What kind of retirement plan is most suitable and cost-effective for my business?
These are all valid questions, and fortunately, we have the answers for you:
Financial Life Planning
Individuals who have W2, investments and rental property
+ Equity compensation
(RSUs, ISOs, NQSOs)
Employees from big tech firms; early employees who received options from startups
(Schedule C, LLC, LP, Inc)
Real estate agents, doctors, dentists, lawyers, business owners
Business owner with complex income and tax structure
A: While we are happy to help anyone who has a financial planning need, the clients who found our planning sessions the most helpful are those with complex financial situation and cannot find satisfying answer elsewhere. Our typical clientele is with an annual family income of $0.5 million to $2 million and a total asset of $5 million to $30 million. Many of them are either big firm employees with large equity compensation and complex investments, or small business owners and professional practitioners. Also, everyone in our office is bilingual in English and Chinese so it is not a surprise that most of our clients are within Asian heritage.
A: If any of the following situations apply to you, you have come to the right place:
While every person’s financial situation is unique, our clients found us the most helpful in complex planning cases, which usually involves equity compensation (RSU, ISO, NQSO), concentrated positions, trust, investment, and business.
A: Most of our clients have their own CPAs and we would love to work with your CPA. Identifying tax saving opportunities is part of our service but our financial planning goes beyond that. For example, we will review your equity compensation package and assist you to make timely, informed, and prudent decisions on exercising/selling/diversifying your options/stocks in a tax-efficient manner.
A: Stock cost basis adjustment; ISO AMT tax credit; Early exercise consideration and 83(b) election; Strategies to diversify concentrated position without triggering tax payment and hedge downside risk.
A: Tax saving strategies for business; asset protection solutions; estate planning and trust setup.
Being an entrepreneur is hard. It needs patience, consistency, and momentum every day just like running a marathon. Here are a few areas that we believe we can help and make your life easier.
Business and Personal Tax Optimization strategies
Business Protection and Succession Plan
Family & Asset Protection
As an employee of a large company, you may be entitled to various forms of compensation, such as restricted stock units (RSUs), non-qualified stock options (NSOs), and incentive stock options (ISOs). You may also have access to additional benefits like after-tax 401(k) plans, employee stock purchase plans (ESPPs), pensions, and deferred compensation plans. This package is designed for individuals who work in large companies and would like to make informed decisions about exercising, selling, or diversifying their equity compensation positions and get the most out of the employee benefit program.
Personal Tax Optimization strategies
Employee benefit program review, analysis and recommendation
Hedging and diversification strategies
First yearStep 1: Discovery Call
Step 2: Get Organized
Step 3: Final Presentation
Step 4: Implementation Meeting
Year 2 and beyond
If you would like to schedule additional consulting session with us in year 2 and beyond, please contact us directly. Our fee is $500 per hour.
* LPL Financial does not offer individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.
* LPL Financial Representatives offer access to Trust Services through the Private Trust Company N.A., an affiliate of LPL Financial.