SK Wealth - Episode 31 - ESG Investing Trends and How To Use In Portfolios

Moving into the executive suite is exciting, as is the compensation you'll be receiving for the extra responsibility you’re taking on. Executive compensation plans are constructed to make sure you’re well taken care of, but they can be complicated. It’s up to you to understand the details in order to make the most out of these new compensation insturments and benefits. This week, Andrew and Mac look into the ways long-term executive compensation plans protect your reputation and financial well-being while explaining the more detailed tax issues so you can make sound decisions about your financial future. Remember to subscribe for more weekly insights from the pros over at SK Wealth!

You’ve set out on a new career adventure and have received a few job offers, so how do you decide? Whether you're a seasoned professional or just starting out, this episode equips you with the knowledge to seize the right opportunities and propel your career to new heights. This week, Andrew and Mac are with you to discuss salary structures, health care and family benefits, and some perks you may not have heard about. Tune in to empower youself to make informed decisions about your professional future. And if you haven’t hit that subscribe button yet, what are you waiting for? Don’t miss out on the further adventures of the dedicated team at SK Wealth!

What happens to your stock-based compensation if you leave your job? Whether leaving a job voluntarily or involuntarily, tune in to learn how to approach your stock-based compensation after you move on. Andrew simplifies the complexities of layoffs, handling stock options, RSUs, and ESPPs while discussing the risks, offering practical advice to help you make timely decisions around your vested options. Learn about negotiation strategies for severance packages linked to stock plans, and the importance of professional guidance to safeguard your financial interests. And don’t forget to subscribe for more real-world advice from the team at SK Wealth!

“Can my investment strategy align with my values while creating positive social and environmental change?” In this episode, learn about the implementation of impact strategies into your portfolio, influencing corporate behavior, and how you can turn your investment dollars into a powerful force for change. Learn how to identify your impact goals, engage in proxy voting, and work with the experts to develop a portfolio that reflects both your financial objectives and personal ethics. Discover the potential of impact investing in areas like food insecurity, cybercrime, environmental issues, and more. And don’t forget to hit the subscribe button for more from the dynamic team at SK Wealth!

In today’s episode, SK Wealth’s CIO, Matt Neyland, discusses tax loss harvesting, the practice of strategically selling securities at a loss to offset gains from other investments. Join Matt as he explains the benefits of tax loss harvesting like accelerated portfolio growth, maintaining year-round market exposure, and increased tax efficiency. Find out how to make market volatility work for you in this fascinating episode. Don't miss out on future insights! Hit the subscribe button for more financial strategies from the seasoned wealth management professionals at SK Wealth!

In our latest episode, we discuss how to seek professional financial guidance when managing your wealth becomes complex. And we know -- the options can be overwhelming. That’s why we’re here to talk you through the process of finding a financial planner who understands and respects your needs, goals, and values. From transparency in portfolio management and clear, easily accessible communication to questions about fiduciary responsibilities, credentials, and fee structures, this episode will help you simplify the vetting process so you can find the right advisor for you. Click the subscribe button for more from SK Wealth about living with intention, tomorrow and today!

Resources mentioned in this episode: U.S. Securities and Exchange Commission's Investor.gov website.

This week, join Matt and Andrew as they discuss how to choose your next financial advisor. Aligning your investment strategy with values is key, and a qualified financial advisor can make a real difference in your financial future. In this episode, we’ll look at why clear, consistent communication and a financial strategy adapted to your specific needs is important. Ultimately, trust, proactive communication, and your peace of mind are paramount in choosing the right financial advisor. Don’t forget to hit that subscribe button so you don’t miss all the wisdom from the team at SK Wealth!

Welcome to our latest episode! Today Mac and Jason discuss developing compensation plans for your business. Your team is vital to your success and making sure they are compensated fairly and offered attractive benefits that meet their needs as well your business goals is important. But offering competitive compensation without jeopardizing your bottom line can be a delicate balance. In this episode we’ll go over the components of effective compensation packages, take you through a series of steps to help simplify the process, and offer some advice to keep in mind as you begin to construct your plans. Tune in to learn how to make your team feel valued while aligning with your company's growth and profitability goals. And don’t forget to hit that subscribe button for more business solutions from the pros at SK Wealth!

Resources mentioned in this episode: How to Create a Desirable Compensation Plan from Business News Daily.

In today’s Solutions and Knowledge podcast, Certified Financial Planners® Mac and Jason discuss how to approach integrating your bonus or other windfall into your regular spending. From identifying your current financial standing and future goals to avoiding common mistakes like emotional decision-making, you’ll learn strategies to help you make thoughtful decisions that align with your needs and values. Whether you're a spender or saver, we’ll help you strike a balance between planning for tomorrow and enjoying today. Be sure to hit that subscribe button for more pearls of wisdom from SK Wealth!

Resources mentioned in this episode: Die with Zero: Getting All You Can From Your Money and Your Life by Bill Perkins.

In today’s episode, Jason and Mac discuss phantom stock plans, a type of deferred compensation that offers employees a financial stake in the company without diluting ownership. Learn the purpose of these virtual units, how they operate, and their benefits and risks. Phantom stocks are a great way to attract and incentivize key talent without the red tape of voting rights or controlling stake in the company. For resources mentioned in this episode, check out our recent podcast Creating a Bonus Plan for Employees as well as the National Center for Employee Ownership.