In this endeavor we tailor comprehensive strategies built around the higher-level investment options and restrictions that go along with your position and trade restrictions, while delivering on the critical items to optimize your financial plan:

Company-sponsored plans such as deferred compensation plans have unique tax benefits and liability considerations, and can be excellent tools when used in conjunction with tax-optimized investment strategies across your brokerage assets.

MINIMIZE OR ELIMINATE UNNECESSARY COSTS:

Baehr Wealth Management provides a clear picture of any costs associated with both your current and our recommended investment strategies, and helps our clients reduce or eliminate expenses associated with taxes and certain investment vehicles.

RSU, ESPP & STOCK OPTION STRATEGIES:

For trade-restricted insiders & holders of highly concentrated or appreciated shares of company stock, your needs are unique. We develop divestment strategies while mitigating tax effects and keeping in consideration compensated versus uncompensated risk, options expiration dates, and restricted trading windows.

SOPHISTICATED PSU EQUITY STRATEGY FOR VPs:

PSU (performance based stock units)* equity compensation plans combine features from both RSUs (restricted stock units) and stock options, and the details often change from year to year. Therefore it is important to understand subtle yet critical compensation formula details and develop a specialized investment strategy to account for this sizable portion of compensation.   We help VPs with PSU plans structure their portfolios designed to optimize investment performance while mitigating volatility associated with swings in the value of their stock-based compensation.

GET A PLAN IN PLACE FOR RETIREMENT INCOME

Each client at Baehr Wealth Management has a comprehensive financial plan in place to help ensure they are on track to retire on time. We review this regularly, which takes into consideration spending habits & objectives, analysis of the effects of unplanned expenses like long-term care, and the possibility of one-off luxury expenses like vacation homes or lavish weddings.

We are focused on the needs of technology executives to help you navigate your options and make the most out of the wealth-building tools you have available to you.

By establishing a concrete plan designed to achieve long-term financial objectives, optimize the performance of your investment portfolio, reduce unnecessary costs, and mitigate risks, while reporting that performance in a simple and transparent manner, we will help you develop and execute on your plan for financial success.

* A performance award is a grant of company shares or units in which the recipient's rights in the shares or units are contingent on the achievement of pre-established performance goals, and restricted until the end of a set performance period. Investing involves risk and investors may incur a profit or a loss regardless of strategy selected.

Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Raymond James financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

To ensure compliance with SEC regulations the following is a fictional study intended to highlight the variety of products, services, and advice that Baehr Wealth Management of Raymond James can deliver to corporate executives. The executive mentioned is an entire fictional character, and any similarity to any persons is entirely coincidental.

Let’s say a VP of a local Fortune 500 company came to Baehr Wealth Management with an objective of retiring in five years immediately following his upcoming planned sabbatical. He was as diligent saver and had built up a sizeable portfolio of assets utilizing his 401(k) plan, deferred-compensation plan, company stock, and a modest pool of stocks and diversified mutual fund assets.

This VP was recently promoted and was now subject to trade restrictions on his company stock, but didn’t spend a lot of time combing through the details of the dates or the current hedging and options trading policy. He was also now receiving performance-based stock units (PSUs)* at this point in addition to his restricted stock units (RSUs) and saw their values swing widely over time, which made it difficult to predict his future earnings and savings ability.

With so many moving parts and significant involvement in the company, he may want to make the most of what he had worked so hard to attain. His family and work obligations took most of his free time, and yet so much was dependent on careful planning of his retirement.

To help ascertain the likelihood of him retiring on his desired date, we would spend the time to really get to know the VP to better understand his values and exactly what he is intending on accomplishing in retirement. We would then move to the quantitative side of planning, performing a detailed cash flow analysis and looking at different deferred-compensation payout scenarios. We would also look at finding a tax-efficient way to build additional wealth now while making deferrals for the income he would need to maintain the lifestyle he was accustomed to living later.

We would address the many complexities associated with the extensive company stock awards and options he had accumulated during his successful career. This advanced planning would include valuating his options using sophisticated tools to ensure that we conform to mandatory holdings policies, look at hedging opportunities within company guidelines, and explore ways to reduce or eliminate the alternative minimum tax for his specific situation.

We would analyze his existing portfolio and highlight where his risks were, and where he may be paying additional layers of fees to own the stock of the company he already had a large position in. In doing so we would determine the appropriate mix of assets necessary to help him achieve his goals and meet his retirement income needs. We would perform portfolio stress-testing to illustrate the impact that certain events may have and help him determine his appetite for risk.

With the VP’s knowledge and approval, we may assume the discretionary management of his core assets in order to effectively manage them on a tactical basis, implementing strategies such as tactical hedging opportunities based upon market risk levels, and laddering a bond portfolio designed to provide income and liquidity.

With the goal of mitigating the erosive effect of market downturns, we would implement a strict risk management discipline with a sell philosophy designed to prevent wealth destruction.

To leave a legacy for his loved ones and cherished charities we would work closely with his estate attorneys to develop a plan to meet this important goal, while also helping to ensure proper titling of his accounts, assets and beneficiary designations, and help reduce the effects of estate and transfer taxes.

Finally, to help the VP and his family organize and track all of their financial matters, we would aggregate his accounts into one convenient access point online, create a secure area for storage of important documents, and automatically maintain constant upkeep of records and important financial data.

This investment profile is hypothetical and not indicative of any specific situations or clients. It is presented only as an example and not intended as investment advice. Asset allocation and diversification do not guarantee a profit nor protect against a loss.

There is no assurance that any investment strategy will be successful. Investing involves risk including the possible loss of principal. While interest on municipal bonds is generally exempt from federal income tax, it may be subject to the federal alternative minimum tax, state or local taxes. In addition, certain municipal bonds (such as Build America Bonds) are issued without a federal tax exemption, which subjects the related interest income to federal income tax. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Raymond James financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

*A performance award is a grant of company shares or units in which the recipient's rights in the shares or units are contingent on the achievement of pre-established performance goals, and restricted until the end of a set performance period.