Reducing Concentrated Stock Risk: Strategies To Preserve Value, Create Diversification, And Minimize Tax Consequences

Are you ready for the webinar? 
Ensure you have your individual sign-on link handy.  

Check your email: You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. 

Check your calendar: You can also find your individual sign-on link within the downloadable calendar invite for the webinar. 

Still can’t find it or something not right? Reach out to us directly as members@kitces.com and we can assist you. 

Concentrated stock exposure, whether from employee compensation, inheritances, or preference, can leave client portfolios vulnerable to outsized risk and limited flexibility. A market downturn or unforeseen financial need magnifies the dangers of concentrated stock while also putting clients’ overall goals at risk. In attempting to address this risk, advisors can face significant obstacles from the tax implications of concentrated stock but also from emotional attachments and behavioral biases associated with these positions. In this webinar, John Nersesian walks through the circumstances that can lead clients to have concentrated stock positions and how to manage their related pitfalls. He provides strategies on how to control assets, preserve value and gain liquidity using restricted stock sales, zero premium collars, and exchange funds to help mitigate the risks associated with those concentrated positions based on client objectives.

During this webinar, advisors will learn how to:
- Explain concentration risk to clients who may have an emotional connection to the stock.
- Identify situations that may lead a client to have a concentrated stock position, and the obstacles associated with planning for that stock.
- Apply strategies including restricted stock sales, zero premium collars, and exchange funds
- Evaluate the advantages and disadvantages of utilizing charitable giving to meet a client’s objective of transferring wealth while also addressing concentrated stock.

Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.

Continuing Education (CE): 1.5 Credits
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI, and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes.

For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.

For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 75 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.

All attendees who meet the minimum attendance requirement of 75 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state-level insurance licensing although some states may accept completion certificates if you self-report.

Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible. 

Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.