Do you recognize yourself in any of these situations?
While everyone’s finances are complicated (if nothing else, because their lives are complicated), there’s actually a fairly short list of reasons that people reach out to us, to work together.
I hereby present to you the most common reasons that people want to work with us. In no particular order:
- I have a giant pile of company stock. I know I’m supposed to do…something. But I’m paralyzed.
- Um, my company just filed to go public. I haven’t done anything to prepare. Halp!
- My company is probably going to go public soon. I have a ton of options (RSUs, stock) in my company, and I want to do the right thing.
- I just went through an IPO. Now I have a lot of company stock, and more coming, and OMG what am I supposed to do? I don’t want to get killed on taxes.
- I make way more money and have way more money than anyone in my family ever has, and I have no idea how to handle it.
- Finances have gotten too complicated. I don’t know how to confidently manage them any more. I’m afraid I’m doing something wrong.
- I have all this cash. Like, a lot. Too much.
- We had a giant tax bill last year, and I don’t want to go through that again.
- I need to leave my job. I need to not work for a while. I am burned out. But that’s scary and I have no idea how to do it. What about health insurance?
- I’m getting married, and we need help joining our finances and learning how to manage them together.
- I want to retire early.
(An aside: Before writing this list, I thought about it for a while. Then I wrote down all these reasons, thought and wrote some more, then counted them, and ta da! An exact 10! It’s as if the gods wanted me to have a clickbait-worthy title for this blog post. Then I thought of an 11th. Dammit.)
Our work together ends up addressing waaaaay more than these reasons, of course. Financial planning is, or at least should be, a remarkably comprehensive endeavor. Just look at how we run our Annual Renewal Meeting if you want some flavor. It’s just that no one has ever scheduled our short intro call because they wanted to talk about, oh, their estate planning documents or disability insurance coverage. (Which are super important! Make sure you have that stuff done!)
Are you dealing with one of these situations yourself? Reach out and schedule a free consultation or send us an email.
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Disclaimer: This article is provided for educational, general information, and illustration purposes only. Nothing contained in the material constitutes tax advice, a recommendation for purchase or sale of any security, or investment advisory services. We encourage you to consult a financial planner, accountant, and/or legal counsel for advice specific to your situation. Reproduction of this material is prohibited without written permission from Flow Financial Planning, LLC, and all rights are reserved. Read the full Disclaimer.
