Mark Thompson • Greenfield, WI
ClearStep Financial • Harbour Investments Inc.
My clients span many demographics: different ages, occupations, and asset levels. I enjoy having a mix of clients and addressing the various types of needs that come up in our planning discussions.
One client segment I work with has presented a niche opportunity that has been rewarding for both the clients involved and our practice. I work with a company that offers its employees an attractive employee stock option plan. While I work with all levels of employees in the company, a good number are blue-collar workers who have put in many years with the company. The assets they have accumulated over the years can be quite significant.
This becomes an interesting planning situation as these individuals consider retirement. While they may have decent salaries, few have ever thought of themselves as wealthy. Given the stock they have accumulated, they may now have the ability to retire much earlier than they ever considered possible. Some people are interested in starting a second career or running their own business. Some want to relocate or buy a vacation home. Just about all of them need education and guidance on tax implications and legacy planning, areas they may never have been concerned with before. If the need arises, we can help identify appropriate third-party resources for tax and legal counsel.
Disclosure: Securities and advisory services offered through Harbour Investments Inc., member FINRA/SIPC. There is no guarantee that active management will outperform a buy-and-hold approach to investing. Past performance is no guarantee of future results. Please note that individual situations can vary. Therefore, the information presented here should only be considered an opinion/example.
Photography by Nick Berard
