Retirement with concentrated positions
A subset of retirement planning: the specific problem of entering retirement with a large concentrated position, such as founder stock, long-tenured employee equity, or an inherited family holding. The challenges are diversification without tax carnage, liquidity sequencing, hedging where appropriate, and aligning the drawdown plan with the rest of the household's goals.
By the numbers
The Wellspent public graph lists 119 fee-only financial advisors focused on retirement with concentrated positions at 59 firms, most in Verona, Lakeland and San Diego. 41% hold the CFP certification. Of the 119 with fees on file, 95% charge percentage of assets.
- Advisors listed
- 119
- Firms
- 59
- Cities
- 64
- Hold the CFP
- 41%
- Other credentials: CFA 17% · EA 2% · ChFC 2%
- How they charge (of 119 with fees on file): percentage of assets 95% · hourly 43% · fixed fees 43% · ongoing planning fee 25%
Source: Wellspent public graph, data as of . Shares are of advisors listed here; an advisor can hold several credentials or fee types. Methodology
Advisors with depth in retirement with concentrated positions
| Advisor | Firm | City | Credentials | Fees |
|---|---|---|---|---|
| George Hoover | Torrey Growth & Income Advisors | Del Mar | Not listed | Percentage of assets, Hourly |
| Kian Hoover | Torrey Growth & Income Advisors | Del Mar | Not listed | Percentage of assets, Hourly |
| Mitchell Bloom | Bloom Financial | Westminster | Not listed | Percentage of assets |
| Richard Mueller | Peak Investment Advisors | Colorado Springs | Not listed | Percentage of assets, Hourly |
| Sean Planchard | Torrey Growth & Income Advisors | Del Mar | Not listed | Percentage of assets, Hourly |
| Zealan Hoover | Torrey Growth & Income Advisors | Washington | Not listed | Percentage of assets, Hourly |
| Amy Showalter | Arbor Private Wealth | Ashburn | Not listed | Percentage of assets, Fixed fees |
| Andrew Foss | CORE Wealth Advisors | Lakeland | Not listed | Percentage of assets, Hourly |
| Charles Foss | CORE Wealth Advisors | Lakeland | Not listed | Percentage of assets, Hourly |
| Claireese Baggao | Layline Financial | Sandpoint | Not listed | Ongoing planning fee, Percentage of assets |
| Geoffrey Sirhal | CharMarLine Wealth Management | Lynchburg | Not listed | Percentage of assets |
| Haley Tonge | CORE Wealth Advisors | Lakeland | Not listed | Percentage of assets, Hourly |
| Heath Clevenger | CORE Wealth Advisors | Lakeland | Not listed | Percentage of assets, Hourly |
| Kenneth Moore | CORE Wealth Advisors | Lakeland | Not listed | Percentage of assets, Hourly |
| Kevin Malone | Malone Wealth Ventures | Boise | Not listed | Percentage of assets, Hourly |
| Matthew Cookson | Cookson Financial | Excelsior | Not listed | Percentage of assets |
| Paul Weaver | CORE Wealth Advisors | Lakeland | Not listed | Percentage of assets, Hourly |
| Anthony House | i2i Analytics | Evanston | Not listed | Percentage of assets |
| Dane Rutstein | i2i Analytics | Evanston | Not listed | Percentage of assets |
Guides
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How much can I withdraw in retirement?
About 4% of your starting balance, raised each year for inflation, is the historical baseline for a 30-year retirement: $40,000 on $1 million. Fees, taxes, a longer horizon and a rigid spending rule all push it lower; a willingness to cut back after bad years pushes it higher.
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Company stock in your 401(k): when NUA saves tax
If your 401(k) holds your employer's stock, the NUA rules can tax most of its growth as a long-term capital gain instead of income. It pays off when the plan's cost basis is low. Ask for the basis before you roll anything over.
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Planning for a concentrated stock position
When one stock is a large share of what you own, the plan is a schedule for bringing it down while keeping the tax manageable: sales spread over years, shares given to charity, and for large holdings, exchange funds or hedges. A one-time plan from a fee-only planner has a median of $2,000.
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Financial advisor for RSUs and stock options
An equity compensation advisor plans when to exercise and sell, covers the tax your employer under-withholds, and keeps one stock from running your plan. Fee-only planners charge a median $4,500 a year.
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Independent RIA vs wirehouse: which is better for you?
A wirehouse advisor works for a large national brokerage firm, is usually registered as both broker and adviser, and sells from the firm's platform. An independent RIA owns its firm, keeps your money at an outside custodian and owes a fiduciary duty throughout. Fee-only RIAs charge a median 1% of assets.