Nathan Donohue, CFP®, RICP®

One stock made you wealthy. Now it's your biggest risk.

And every path out seems to run through a painful tax bill.

That's the problem Valence Wealth solves.

I work with executives whose net worth is concentrated in company stock - years of RSUs, ISOs, NQSOs, and ESPP. We bring tax strategy, estate coordination, investment management and the entirety of your balance sheet into one coordinated plan. 

Key questions I help answer:

• How do I diversify out of this position without handing a huge piece of it to the IRS?
• My RSUs keep vesting and the position keeps growing. What's the right sequence of moves?
• I'm holding unexercised ISOs. How do I avoid an AMT surprise?
• What happens if the stock drops before I've reduced the exposure?

Why clients choose Valence Wealth:

• Technical experience. I have spent 15+ years advising hundreds of families, including executives at companies like Amazon and Microsoft, on their equity compensation. Smart, successful people who did everything right, then found themselves with most of their net worth in one stock and a huge potential tax bill. 
• I have sat in your seat. For years, roughly 95% of my own net worth was tied to a single asset - the financial services firm I built, grew to roughly $500 million in assets under management, and sold. I know the tension between conviction, taxes, and the risk of waiting too long. I've lived it with my own money.
• Control the controllable. We can't control the market, so we don't pretend to. We can control tax strategies, estate coordination, fees, and execution. 
• The full toolkit. Exchange funds, long/short direct indexing, options hedging, charitable strategies, and sale timing sequenced dynamically around your tax brackets. 
• One flat price, never a percentage. Your portfolio is not my invoice.

If most of your financial life is riding on a concentrated balance sheet, use the scheduling link on this page to start the conversation.

Valence Wealth, LLC is a registered investment adviser in Arizona. Registration does not imply a certain level of skill or training. This profile is general in nature, not individualized advice, and does not create an adviser-client relationship. Investing involves risk, including loss of principal. Concentrated positions carry the risk of significant loss.