Wealth management Boston

Sudden Wealth Advisors

Financial Advisor for Sudden Wealth

Darrow Wealth Management regularly works with individuals expecting a sudden liquidity event from company stock options during an IPO or acquisition, sale of a business, an inheritance, trust fund distribution, or other event. We’ll work to help you develop a strategy to make the most of the windfall and develop an investment plan going forward.

Planning Before and Investing After a Liquidity Event or Windfall

A major liquidity event can transform your financial life. To maximize the opportunity, it’s critical to get the right team of advisors in place before making an irreversible decision. Through an ongoing advisory relationship, we aim to help ensure you are well-positioned to meet your short and long-term goals.

Our team of Financial Advisors can work to help you:

  • Discuss how a windfall changes your goals and identify how to best utilize your new wealth in your financial plan or retirement plan
  • Decide on a strategy to best use the proceeds, including funding multiple goals and investment management services to help you diversify sudden wealth
  • Understand the tax implications of the windfall including options to reduce tax
  • Analyze different holding periods when developing a liquidation strategy, factoring in risk, cash needs, and taxes
  • Implement a multi-year diversification strategy through an ongoing wealth management advisory relationship
  • Consider different investment or trust vehicles to meet charitable or legacy objectives
  • Ensure existing strategies (estate, insurance, tax) are aligned with your post-windfall financial situation
  • Coordinate approach with your tax preparer and estate planning attorney

Our approach in navigating a sudden wealth event is customized based on your needs and the nature of the windfall. As you might imagine, the planning opportunities and considerations after receiving an inheritance from a parent is usually quite different from an employee with stock options during an IPO. Explore the types of sudden wealth events below for more information.  

Types of Sudden Wealth Events

If you’re expecting a lump sum from an inheritance, sale of a business, trust, or stock options after an IPO, you’ll want to get a plan in place to best utilize your sudden wealth. An unexpected windfall can change your life.

You can only spend a dollar once, so it’s important to have the support of a fiduciary financial advisor who will prioritize your goals and provide honest advice about what is – and isn’t – financially feasible.

Sudden Wealth Management: Putting New Wealth to Work

Your planning needs will depend on the nature of your windfall and your overall financial situation. Darrow Wealth Management is a fee-only financial advisory firm and full-time fiduciary. We regularly work with individuals after a sudden wealth event from an IPO, selling a company, or inheriting a trust fund.

By integrating financial planning with investment management, our goal is to help you build and grow your wealth. Learn more about our Wealth Management Services and how we may be able to help you.

Meet the Advisory Team

Our team of advisors have broad and deep experience and education in the fields of investment management and financial planning. Our advisors include a CERTIFIED FINANCIAL PLANNER™ professional, CPA, and Chartered Financial Analyst® designations. Learn more about the Darrow team of financial advisors.

CERTIFIED FINANCIAL PLANNER™ Boston, MA, Concord, MA        Personal Asset Management CFA

Sudden Wealth Advisors Related Articles