Sophie Conaghan’s Post

Part 2 of the Executive Finance Series: Navigating the Complexities of 3 income sources, and controlling the money temperature. Executives often face unique challenges when it comes to financial planning. It's not just about the base salary; it's about understanding and managing the fluctuations in cash bonuses and RSUs that typically vest every three years. These financial variables can have a significant impact on your financial future, and it's crucial to have a strategy in place. At Equilibrium Wealth Advisors, we believe in empowering executives to maintain control over their financial destinies. We're committed to helping you achieve the life by design you desire and attain financial independence, even in the face of income complexities. On the flip side, there is an art of maximizing lifestyle despite the uncertainty that an executive faces. The goal is to stay on track, but also look backwards with no regret, and live in the present without stress. In today's video, I'll share insights on what considerations need to be put on the table to navigate this terrain. #FinancialIndependence #WealthManagement #FinancialPlanning

Observation while filing ITR's I've been helping salaried employees with their returns and I noticed something worrying. Many people are trading in futures and options, but the irony part is only 1 percent of them earned profits and remaning all lose handsome amount of there salary. Even those who earn a good salary can lose everything if they are being greed to earn easy money. My advice is: - Don't follow influencers or self-proclaimed traders on YouTube and Telegram. - Learn about personal finance and investing before making decisions. - Avoid risky investments that can lead to big losses. - Plan your finances carefully and seek advice from Chartered Accountants or financial advisor's. #FinancialLiteracy #PersonalFinance #Investing #RiskManagement #FinancialPlanning #Itr #salariedemployee

As we begin winding down what has been an eventful 2023, we typically see an influx in people considering whether a new role is on the cards for them in the new year. If this is the case for you, then make sure you're up to date with the valuable insights and industry findings to help make your consideration easier. Our reports dive into the detail about bonus figures, base salaries, and the ongoing trends for your sector, so get your copy today. Investment Banking Compensation Report: https://bit.ly/49ZtK8C Strategy & Corporate Development Guide: https://bit.ly/46vhg5n Investor Relations Compensation and Hiring Trends Guide: https://bit.ly/3uwvi9z Equities & Multi-Asset Compensation Guide: https://bit.ly/3uwvi9z #compensation #bonus #financialservices

Performance and remuneration reviews are underway, but have you considered the broader view? 🤔 We’ve compiled valuable resources to help you take practical steps to ensure your organisation's readiness for the new financial year. Discover how we can help you unlock your new potential this financial year: https://lnkd.in/dzA9S2Pj

In the world of valuations, the numbers often tell a story detached from personal ties. I had a client facing a significant decision in a valuation scenario. The company had substantial market value, and a potential buyer could have offered a lucrative deal. But the client's situation involved family members on the payroll, well-compensated but vulnerable in a takeover. He grappled with a different perspective. He recognized that those family members might struggle to find comparable opportunities elsewhere, and he felt a deep obligation to their well-being. This raised a critical point - the disparity between market value and intrinsic value. Sometimes, the emotional and personal components overshadow the financial calculus. The client, valuing family commitment over a higher market value, saw the situation through a long-term lens, prioritizing a legacy over a quick flip. It's a reminder that business decisions extend beyond the boardroom, reflecting personal values, commitments, and a vision for the future. In my role as a valuation expert, I provide data and analytics, but the ultimate decision is deeply personal. It's about understanding the emotional dimension that often accompanies business choices. After all, it's not just about the numbers; it's about the narrative and the legacy we choose to build. #taxes #expertwitness #economicdamages #businessvaluation #forensicaccounting

OWNERSHIP vs. EARNINGS: Understanding the Difference to Build Long-Term Wealth Have you ever thought about the difference between owning assets and just earning a salary? 💡 While higher salaries are absolutely brilliant, they also lead to ⬆️ higher taxes, which vary depending on your location and status. However, ownership of assets (from financial products such as stocks & bonds to real estate) opens the door to unique tax advantages. By 💰 investing in diverse assets and leveraging strategic financial vehicles, you can significantly reduce your tax burden and build sustainable, long-term wealth. At the end of the day, it’s not just about earning more; it’s about smartly growing and managing your wealth through ownership and building #generationalwealth. 🔗 Watch my latest video to learn more! #financialinclusion #wealthcreation #financialiteracy #financialcoaching #womeninfinance ... ➡️ I'm Anna, a bilingual certified financial educator, wealth coach, and author with over 20 years global financial markets. I empower individuals and organizations through bespoke and holistic financial well-being programs. Interested in boosting your personal finances or enhancing #financialwellness for your organization? Reach out via DM or visit our website for more information.

🚀 Performance discussions and remuneration reviews are underway, but why not elevate your process with a structured approach? 🤔 Whether your goal is growth, efficiency, or innovation, setting clear standards and benchmarks is crucial. At ELMO, we specialise in crafting tailored solutions to empower your business with precision and effectiveness. Let FY25 be the year you redefine your business impact. Reach out to us today to learn how we can support your journey to success. #PerformanceManagement #RemunerationReviews #BusinessExcellence #ELMOSoftware #FY25Goals #HRIS #HRSolution #HRSoftware #AustralianBusiness #HRTransformation #HRManager #CEO #CFO #OperationsManager #Director

Should You Accept Equity as Part of Your Compensation? I’ve thought about this a lot and have changed my mind in the past, but here’s my take: No, at least not until you’ve been at the company for at least a year. Accepting equity too early can tie you down and limit your freedom to leave without a loss. But there are some exceptions: If It’s a Public Company: - Discounted Shares: If you get shares at a discount, it can be a good deal. Just make sure to get advice from someone who can analyze the company’s recent financials. If It’s a Private Company: - Transparency: Ensure you know how many shares exist and watch for dilution. - Do Your Homework: Make sure at least two out of these three are true: 1. You understand the company’s assets and debts. 2. You believe in the company’s business model. 3. You know the plan for profitability and can contribute to it. This means you have a say in the roadmap and a role that can at least steer strategic decisions. Wrapping up, equity can be valuable, but be smart and informed about your decision. Would love to know what your stance is about this!

Navigating the future of finance: 2024 Predictions and strategies: The future of finance relies on adaptability, and so it’s important to consider these trends we predict will shape the finance sector in the coming year as you map out your hiring strategies for the year ahead.

Diversity still top of the agenda shows finance sector insights Holyrood PR Core-Asset Consulting Betsy Williamson Read more at: https://lnkd.in/dN4fDiTb #business #businessnews #scotland #edinburgh #uk #uknews #diversity #insights #report #financesector #scottishbusiness