gettyPortfolio adjustments aren’t the only good reason to tap into the expertise of your financial advisor. Below, 13 members of Forbes Finance Council share situations in which your financial advisor can provide valuable guidance. The planner can update the client’s financial plan, providing them with the best way to handle the increased compensation. It requires not only a lawyer but also, critically, the advice of a financial advisor. Preparing An IPOIn the pre-IPO phase, employees or company founders with substantial equity awards would be wise to seek the counsel of a financial advisor in concert with a tax advisor.

Source: Forbes March 12, 2021 13:07 UTC