Professionals and Executives

Professional Outsourcing

Attorney, accountant, doctor, insurance agent, real estate agent, friends, family, coworkers….the list of relationships you’re juggling could go on and on. Remember when it was just you, and your ambitious dreams? Because it isn’t just you and a dream anymore, you may feel your financial burden is too heavy to carry all by yourself. You may realize you need a personal financial advisor to help you navigate your wealth management journey in this complex and changing world.  We understand that time is valuable and trusted delegation is rare. At Intelligent Investing, we help organize your financial “junk drawers.

Do-It-Yourselfers

Many professionals agonize over making decisions–such as choosing a financial advisor. We tend to think, consult, research, make comparison charts, Google, and ask more questions. However, we ignore the opportunity cost of our time. For instance, if you spend months thinking about whether to make a career change, you will have lost time that you could have spent actually building your new career. Instead, set a time limit for any decision you face and consider outsourcing to other professionals who are experts in their respective fields. You may enjoy running the numbers, but you need a financial accountability partner as a second pair of eyes to ensure you are on track. 

More Time for You and Your Family

As professionals, you spend so much time focusing on your business and your clients, that sometimes your personal financial plan takes a back seat. If you are the primary breadwinner, you may wonder, “Would my family be ok if something were to happen to me?” We all need accountability and unbiased third-party advice from time to time. Intelligent Investing can help ensure your portfolio is on track to give you a chance of meeting your long-term goals, and ensure your spouse and family are in the best shape possible, should something happen to you.

Intelligent Investing understands that your time is valuable, which is why we streamline our processes to save you time. We strive to make every step electronic so you don’t have to make an extra trip to the office to sign some paperwork. 

No one wants to have regrets later in life for not spending enough time with family. Perhaps, you feel it is time to delegate your financial well-being to a competent, unbiased, and trusted advisor, so you can focus on your career, family, and future dreams with confidence and peace of mind. Some of our services include tax planning, estate planning, portfolio management, charitable planning, risk management, and other financial advice, so you can be the best professional possible.

Executives and Concentrated Company Stock

A lot of executives are carrying on an excessive amount of stealth risk–a concentrated position in their company stock. This is a common problem, and due to sale restrictions, may seem like a risk-that-must-be-born. Intelligent Investing provides tailor-made advice to executives who may need help diversifying their company stock holdings, especially as you approach retirement. Your employer may offer you a limited number of holding choices within your retirement plan. We can help coordinate your “inside-your-firm” assets and “outside-your-firm” assets in a way that integrates with your financial plan. 

We have some enhanced ways to diversify your stock depending on your situation, and we’d be happy to share our ideas with you. The last thing we want is for your company stock to become the next Lehman Brothers, Enron, or AIG. Our total portfolio viewpoint helps mitigate unforeseen overlap in holdings and risk.

401k and 403b rollovers

You may consider a 401k or 403b rollover for many reasons, but most often, it is because you are about to retire, leave a company, or have already left a company.  At Intelligent Investing, 401k and 403b rollovers are one of our specialties. We give you the tools, support, and guidance you need to optimize your portfolio for return and risk purposes.

Rollover Options

The four main 401(k) or 403(b) options to consider are as follows:

1. Leave it as is.
2. Cash out.
3. Roll it into a new plan.
4. Roll it into an IRA.

Each of these options has advantages and disadvantages, and we can help you determine the best solution for your unique situation. We will help you understand all your employer options to ensure you make wise and informed decisions.

Medical Professionals

As a medical professional, you face unique struggles as you manage your finances. Your time is extremely limited, yet making the right financial decisions for yourself, your family, and your practice are crucial to your current and future dreams. If we need to, we can meet you before or after your shift, to give you the flexibility you need.

You may be new to the profession and trying to figure out your priorities: paying off school loans, starting to build a nest egg, saving for your first home. Or, you may be well into your career and have many choices to make regarding the retirement plan options your employer offers you. Perhaps you are running your own practice and are facing employee benefit decisions. Later in your career, you will need help maximizing your contributions and minimizing your taxes. As you approach retirement, you will have many decisions to make regarding rolling over your 401(k), 403(b), or other qualified accounts. We can help coordinate your “inside-your-firm” assets and “outside-your-firm” assets in a way that integrates with your financial plan.

Doctors have more stress 

Doctors and similar medical professionals have a high-stress work environment. The last thing a doctor wants to worry about is his retirement and all the options that come with planning. Intelligent Investing understands that you are constantly bombarded with salespeople that target you due to your high-income earning capacity (from variable annuities with severe surrender periods to whole life/universal life insurance). At Intelligent Investing, we are fee-only, which means we do not sell or push any product on our clients. This independent and unbiased advice means that we act as fiduciaries and make decisions with your best interest in mind. As doctors, you also understand the value of an annual physical, and we offer annual or more frequent checkups to ensure you are on track with your life-long goals.