We provide a full suite of financial planning services designed around the complexities that corporate executives often encounter. A major focus area in planning becomes tax strategy when higher incomes or executive level compensation is involved. Working with an advisor to implement advanced planning techniques can help you keep more of what you have worked so hard to earn.
Executive Wealth Management
Serving as your personal CFO, we can help you make informed financial decisions in areas that include reviewing executive compensation and benefits packages, managing equity incentive and stock option plans, providing tax-sensitive solutions for concentrated positions, and more. By working with one of our Advisors, you will have a key partner in your corner who will act as your fiduciary. We will remind you regularly throughout the year for key planning initiatives and review calls or meetings with us. We will be there to help you integrate your professional benefits with your personal financial plan, your family considerations, other outside investments, plans for your retirement, insurance, and estate plans.
Stock Options & Executive Compensation Awards
At TrinityPoint Wealth, we can provide specialized advice and strategy for a variety of executive compensation packages.
Restricted Stock Units (RSUs)
Performance Stock Units (PSUs)
Incentive Stock Options (ISOs)
Non-Qualified Stock Options (NSOs)
Deferred Compensation Plans
Split-Dollar Life Insurance
Bank Owned Life Insurance (BOLI)
Investment Advisory Solutions
Are you on track to achieving your objectives? Could your investments be doing better? Would a more customized and tax-efficient approach make a difference?
At TrinityPoint Wealth, your personal and financial well-being are paramount to us. So we listen. We want to know what matters most to you, what keeps you up at night, what goals you have set for yourself and your family. We talk about your risk tolerance and time horizon, look at your tax situation, investment history and liquidity needs. Once we have a complete picture, we put our decades of experience to work, customizing an investment strategy with solutions tailored specifically for you.
Central to our investment approach is a broad diversification across a range of asset classes where we employ extensive research and due diligence to uncover investment opportunities.
These may include:
Domestic and international equities
Taxable and non-taxable fixed income
Mutual funds and exchange traded funds (“ETFs”)
Real Estate Investments
After determining an appropriate asset allocation, we carefully construct a custom portfolio that aligns with your goals and risk profile. We will monitor your portfolio’s performance closely and check in with you regularly, rebalancing when changing market conditions or your circumstances warrant it.
Estate & Tax Planning
How do you wish to transfer your wealth? What kind of legacy are you hoping to leave?
Once we have a clear understanding of your objectives, we do a comprehensive review of all your estate documents and identify any tax consequences. We then coordinate with your outside estate and tax planning advisors to ensure that your plan will enable you to pass on your wealth to the loved ones, organizations and institutions you care about in a smooth, tax efficient manner that clearly addresses your values and intentions.
Having a pre-established, comprehensive estate plan is key to a smooth transition. Soon after one’s passing, the tedious and sometimes confusing process begins to settle one’s financial affairs. Prioritization of tasks and issues regarding probate court will need to be addressed. Without proper planning, this process can be quite burdensome and overwhelming especially when you are simultaneously mourning the loss of a loved one. However, there are ways to mitigate or avoid the possibility of having your loved ones’ legacy “stuck in probate” and ease the burden of settling an estate.
We will work with you and your attorney to help you settle the estate, including sorting through and reviewing financial and estate documents, assessing the deceased’s pensions and benefits, re-titling assets and identifying any debt. We will continue to assist in managing your estate for the years to come according to your wishes or any changes in your circumstances.
Insurance & Long Term Care Planning
Do you have the coverage you need for yourself and your family in the event of an accident, illness or emergency?
As licensed insurance professionals, we can help protect you from undue risk with life, disability and long-term care solutions tailored to your specific needs and circumstances. Whether it’s finding cost-effective term life coverage for income replacement, coordinating asset protection strategies with long-term care and estate planning or determining if a hybrid long-term care policy makes the most sense for you and your family — our goal is to limit your exposure to potential downside risk and increase your peace of mind.
Charitable Giving Strategies
Are there charities and causes that you and your family are passionate about supporting?
We will work with you to determine optimal gifting strategies to maximize your contribution, as well as your tax savings. Donor advised funds or a qualified charitable deduction (QCD) from an IRA are just some of the ways to accomplish your charitable giving goals. We can explore these ideas and other gifting strategies with you. Whatever the solution, we will make certain that it aligns with your goals and intentions.
Health Savings Account (HSA) Strategies
Given the rising costs of healthcare, are Health Savings Accounts (HSAs) a solution you should be considering? HSAs allow you to set money aside on a pre-tax basis to pay for deductibles, copayments, coinsurance and other qualified expenses, which can significantly lower your overall healthcare costs. However, you must be enrolled in a high deductible health insurance plan in order to be eligible to make contributions to an HSA.
This may be a particularly important long-term strategy to have in place for your retirement. HSAs offer a deferred and potentially tax-free way to save and invest for future health expenses, covering out-of-pocket costs and helping to fill the Medicare gap. If you are eligible to establish an HSA under your employer’s health plan, we will discuss with you the tax benefits and growth opportunities, and whether it makes sense for you to maximize this strategy. If you own a small business, we will work with you to determine if offering an HSA plan is the right strategy for your company and your employees.
Financial Life Planning
What is Financial Life Planning and how can it change lives?
Financial Life Planning connects the dots between our financial realities and the lives we long to live. Life Planning focuses on the human side of financial planning – it is truly holistic financial planning. This approach can help you tap into your inspirational fire and make extraordinary and fulfilling things happen in your life.
The creator of this movement is George Kinder, CFP®. He is the recipient of numerous awards for leadership in the financial planning industry and is famous for his 3 Questions. The 3 Questions are an integral part of the Kinder Institute of Life Planning’s process called EVOKE®, which stands for Exploration, Vision, Obstacles, Knowledge, and Execution. Registered Life Planners® use this mindfulness-based methodology to inspire clients to discover, articulate, and pursue their aspirations.
Financial Life Planning goes deeper than typical financial planning services. Through an in-depth, exploratory process, we guide you in uncovering what’s most meaningful to you — what is your life’s purpose — so you can realign your focus with an ignited personal vision. Then we work with you to organize your finances, mapping out a financial plan to support your life plan and help you begin manifesting the resources you need to live your dreams.
If you would like to experience the 3 questions and the EVOKE® life planning process, please contact us.