Professional & Executives

Alleviating the Complexities of Wealth Management

At Wooster Corthell, we offer bespoke financial services tailored to the unique challenges and opportunities faced by high-income earners. Catering particularly to those who have arrived at that enviable juncture where household income surpasses the quarter-million-dollar mark. We understand the complexities of high-income positions such as executives, lawyers, accountants, engineers among other professionals. We are here to help streamline your financial journey and optimize your wealth.

Here are some common solutions we work on with our clients:

Efficient Cash Allocation: High-income earners often have significant cash flows that, if managed wisely, can lead to substantial wealth accumulation. Our strategies aim to allocate your excess cash efficiently and tax-effectively, enabling your wealth to grow exponentially over time.

Stock Options Management: We provide guidance on managing stock options, helping you maximize the potential benefits while minimizing the associated risks. Whether it is Non-Qualified Stock Options or Incentive Stock Options, we help you navigate the intricate landscape to ensure your choices align with your overall financial goals.

Deferred Compensation Planning: Deferred compensation is a significant component of many high-income packages, but it also brings complex considerations. We collaborate with you to develop a tailored strategy, considering factors like future tax rates, retirement plans, and potential risks, to ensure your deferred compensation works effectively for you.

Concentrated Stock Risk Management: Holding a substantial portion of wealth in company stock can pose significant risks. Our team will help you assess and manage this concentrated asset risk, ensuring your wealth is not disproportionately tied to the fate of a single company.

At Wooster Corthell, we understand the pressure that comes with a high-income role. Our goal is to alleviate that stress by taking care of the complexities of wealth management, allowing you to focus on what you do best. We are committed to helping you not just achieve financial independence, but also to enjoy the journey along the way.