🎉 We are beyond excited to announce RightCapital's new Stock Plans module!
Find this module within a client plan under the "More" menu, represented by the three dots in the upper right-hand corner.
Advisors can now:
➡️ Illustrate the client's existing equity compensation using the new charts on the Summary tab
➡️ Review key details and the status of grants on the Grants tab
➡️ Create a proposed stock plan strategy and visually compare to the current strategy on the Analysis tab
➡️ Visualize the proposed strategy's projected summary by shares, value, cash flow, and taxes on the Details tab
➡️ Adjust the liquidation strategy to model selling all shares in a specific year or over a number of years with our new liquidation option
➡️ Incorporate the stock plan proposal in the Retirement, Life Insurance, and Disability Insurance analyses
Hi, my name is Alexus Rogers and I'm beyond excited to share with you the brand new Stock Plans module. The Stock Plans module is available for all subscribers. It can be found under the More menu represented by the three dots in the upper right hand corner. The Summary tab helps you visualize your clients existing equity compensation. In this chart you can see the value of vested and unvested shares by grant type for all stock plans or drill into focus on a specific plan. Clicking the dropdown brings you to the equity compensation share vesting chart. Here you can see a summary of the number of shares that have vested for each year and quickly identify the year. All shares will be vested. Use the Grants tab to see a detailed overview of the stock plans that the client has today. As you can see, this table shows key items such as the grant details, shares, vested and unexercised, vested and held, and more. Review these details by the number of shares or the value. Switching over to the Analysis tab, here is where you can curate a proposed stock plan strategy and visualize the comparison to the current strategy. Navigating to the action items, here is where you can demonstrate different exercise and liquidation strategies. By clicking into the Edit button, we can include additional action items for us to propose changes to. You can also propose changes at the individual grant level by enabling the custom grant strategy. For example, you can adjust the liquidation strategy to model selling shares in a specific year or over a number of years using our new liquidation option. Once you've curated your proposed strategy, illustrate the comparison of the current strategy and the proposed strategy on the charts and the dropdown available. Here we can view the difference between invested assets. Taxes. Percentage of the portfolio that is made-up of stock plans. And also the stock plan cash flow analysis. Switching over to the Details tab, here we can view the breakdown of your proposed strategies projections by looking at the summary by shares, summary by value, cash flow, and tax tables. We can also incorporate your stock plan proposal and the Retirement, Life Insurance, and Disability Insurance modules. Here's an example within the Retirement module. We can also include the Stock Plans module as part of the PDF report or give clients access to the module from within the Planning Access tab. Thank you for joining us for our overview of the new Stock Plans module within RightCapital. We can't wait to hear what you think.
You likely have much to consider as you manage your company's 401K. CornerCap Wealth Advisors have created a personalized wealth management plan tailored to each client's individual needs. With this FREE guide, you get a sneak peek that can help you manage your employees' wealth so you don't have to worry.
#401kTruths#InvestmentAdvice#WealthManagementPlanhttps://lnkd.in/gktcV4ZN
Wealth Management Strategist * CEO and Business Owner * Host of Podcast “Business Owner Tales from the Trenches" * Former Award-Winning Wall Street Analyst
Managing your company's 401k plan can be frustrating and time-consuming. CornerCap wealth management advisors can help you create a personalized plan that saves time and maximizes your investments. Check out this FREE guide for more information.
#WealthManagement#401K#Investmentshttps://lnkd.in/epZF4nBY
Managing your company's 401k plan can be frustrating and time-consuming. CornerCap wealth management advisors can help you create a personalized plan that saves time and maximizes your investments. Check out this FREE guide for more information.
#WealthManagement#401K#Investmentshttps://lnkd.in/e5bAiVNz
#PracticeMgmt Friday - This article by #FinTech#retirementplans platform Vestwell will help #financialadvisors guide their business clients through what to look for when considering a #401k conversion:
Key Factors to Consider When Switching Providers
Steps for a Smooth 401(k) Plan Conversion
- The article is on the Nasdaq Financial Advisor Center
Picture This! Your employer offers the ability to contribute to both a Traditional 401(k) and a Roth 401(k), but you're not sure of which would serve you better.
Take a look at the video below to hear my thoughts on how to navigate this situation. Well discuss pros and cons of each and identify some scenarios that may favor one or the other.
Feel free to reach out with any questions and I hope you find it helpful.
Hearts & Wallets found that 42 percent of rollovers are staying with their employer-sponsored plan, and 18 percent are moving to the new employer’s plan – the largest percentage remaining at recordkeepers since 2010.
Are you overlooking a potential substantial amount of new business right in your clients’ workplace?
Read more in this article in InvestmentNews featuring Hearts & Wallets research.
https://lnkd.in/eXr9nv4u
Managing your company's 401k can be a hassle, especially when trying to juggle it with managing your personal finances. CornerCap can help streamline the process so you can prioritize what's essential in both your professional and personal lives. Check out this FREE guide.
#401k#WealthManagementPlan#WealthAdvisorshttps://lnkd.in/gKBTkJM7
Just wrapped up another financial plan for a tech employee.
He is a very smart guy who makes great money for his age. He hired me to give a second opinion on his benefits and investments.
Here are a few ideas I came up with:
✔️ Outline a strategy for what to do with vested and unvested company stock (RSUs)
✔️ Merge his old 401k and IRAs with his current 401k
✔️ Rebalance 401k to a simple 2-3 fund portfolio of low-cost Vanguard index funds
✔️ Consider funding backdoor Roth for 2023 before the upcoming tax filing deadline 🗓️ (after rolling balance from his IRAs to his 401k to avoid Pro Rata rule)
✔️ Open high-yield savings account to park his hard-earned savings for 4%+ interest. We also figured out how much he should keep in a rainy day fund ☔️
✔️ Shop for term life insurance to complement the free coverage via his employer and replace the voluntary coverage he opted into
All in all, he was thrilled with his one-page plan, and I had a blast putting it together! You can check out a sample plan to give you an idea what the final product looks like.
Reach out or schedule a meeting using the Calendly link below if you'd like to collaborate on a one-page plan for yourself. 🤝
https://lnkd.in/gGdZdvJU
It is important to differentiate between news and opinion. Don't fall for sales tactics when verifying sources. Conduct your own research before making decisions related to your 401k. #401k
Incredible stuff! Alexus is a STAR! 💫