As we enter the new year, many of our executive clients are just coming up for air from the holidays, closing out the last quarter, and finally taking a moment to think about what’s next.
This is when some of the most important and impactful financial conversations of the year happen. For us, Q1 is about revisiting the big picture, anchoring back to your goals, and making smart use of key opportunities that show up this time of year.
Here’s how we approach it.
Step One: Look Back Before You Look Forward
We always start the year by asking a few simple but critical questions:
- How did we do last year?
- Where do we stand in relation to your long-term goals?
- Are we on track—or do we need to adjust?
Yes, this is a perfect time to review the numbers, but it’s mainly a chance to zoom out and make sure we’re still on track with your current priorities. Sometimes the goals change, and the plan needs to shift with them.
Why Q1 Matters So Much for Executives
For executives, the first quarter is often eventful. It’s when bonuses hit bank accounts and equity awards vest. That brings both opportunity and complexity, and the need for real decisions.
Some of our clients, for example, work at companies that give their executives a choice every February: Do you want restricted stock or stock options? That’s not a small decision. Each comes with its own tax treatment, risk profile, and long-term impact. That’s where thoughtful, customized planning makes all the difference.
On top of that, there's the cash bonus. And the question we always ask is: What do you want this money to do for you? That could mean:
- Funding college savings
- Jump-starting the beach house plan
- Renovating the kitchen
- Booking that bucket-list trip
These moments are where planning becomes very practical. It’s where dollars get aligned with what actually matters most to you and your family. And frankly, it’s the fun part—turning success into life progress.
Start the Year Strong
The start of the year is a chance to hit pause, reassess, and reset. For executives, especially, it’s a time rich with planning opportunities if you know how to spot them and act on them wisely.
Whether you're navigating bonus season, weighing your stock options, or simply setting a new goal for the year, the most valuable thing you can do right now is get clear on where you're headed and make sure your money is positioned to take you there.
Start the year strong. If you’ve got new plans on the horizon, don’t wait. Let’s make sure your financial plan is ready to support them, whether it’s a home purchase, a big family trip, or an education milestone.
You don’t need to have all the answers. You just need to start the conversation.
Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.