For executives earning over $400k annually, three problems keep coming up: scattered accounts with no unified view, no overall wealth strategy despite multiple holdings, and uncertainty about who's actually managing the money. This covers seven costly mistakes high earners make without realizing it.
Are you making $400,000 per year, maybe $800,000 per year, or maybe over a million per year? Then you might be making one of these 7 costly mistakes and not even realize it. Now, for the people that we speak to, that we— that's our niche, we work with a lot of executives that work at publicly traded companies. There are 3 hot topics that almost always come up. One is consolidation, getting everything in one place so that they can get a cohesive strategy. Number 2 is no strategy. So a lot of people Have a lot of accounts, but there's not really any strategy behind it. And then number 3, and this is a big one, who's watching my money? Again, these all kind of filter together, but a lot of people that we encounter that aren't clients yet are wondering about these 3 hot topics. So we'll get through, as we go through these 7 mistakes, we'll talk through all 3 of these as well. So let's unpack the most common pitfalls that we see and how you can avoid them.
