Cache

🚨 Managing clients with too much wealth in one or two stocks? 🚨 Equity compensation has helped many build substantial wealth but often leaves them concentrated in their company stock. The result? A reluctance to sell and incur a hefty tax bill. 💡 Exchange funds can be a strategy for tax-deferred diversification, allowing investors to maintain upside growth without the immediate tax cost of selling. In this video, Aaron White, CFP®, Wealth Manager at Adero Partners, breaks down how exchange funds can: ✅ Reduce concentrated stock risk ✅ Enable pre-tax compounding over time ✅ Help plan for future liquidity needs Watch it to understand if you’re advising clients with concentrated positions, or hold one yourself. Our final close for the year is on Dec 31st. Get started on our website if you'd like to join!

It's the year-end tax planning season! If you’re holding appreciated stocks, Adam Nash and Daffy have a great way to increase your impact and save on taxes. DAFs (Donor Advised Funds) are a common strategy wealth managers use, but many investors do not know how to employ them in their personal planning. Check out our blog on how they work: https://lnkd.in/gdgdWsHd ⏰ December is crucial for tax planning. Here are key strategies to consider: - DAFs for charitable giving - Exchange Funds for tax-efficient diversification - Tax-Loss Harvesting for offset opportunities What strategies are you implementing before year-end? --- Disclosure: Cache does not make investment recommendations, and investors should do their due diligence before investing in any financial products. Daffy and Cache are not affiliated entities. Adam Nash is an angel investor in Cache.

An exchange fund diversifies a concentrated stock. A 351 conversion moves a diversified portfolio into the ETF wrapper. Both defer tax. But they are very different. Since this will naturally come up at Thanksgiving 🦃 🥧 here's my latest blog comparing them: https://lnkd.in/g7KeqkGK Full-length explainer co-authored with Srikanth Narayan at Cache: https://lnkd.in/gDVD_pFz My lengthy write-up on 351 conversions regarding Meb Faber's new ETF: https://lnkd.in/gPaNnGiM p.s. None of this is investment, tax, or legal advice. The point is general information and investor education. This is not an offer or recommendation to buy or sell any security or investment product. Find the appropriate credentialed adviser for personalized guidance.

Why Cache comes out ahead for Suhas Joshi's clients. Suhas isn’t just a thoughtful financial advisor—he’s also a former engineering leader with over 20 years at Stripe, Meta, and Microsoft. This unique perspective makes him exceptionally qualified to solve the concentration problem for his tech clients. At Cache, we’re proud to partner with forward-thinking advisors like Suhas and Prospero Wealth, who have been using the Cache Exchange Fund for their clients. Together, we’re making tax-efficient diversification accessible to more professionals with concentrated portfolios. Curious if the Cache Exchange Fund is a fit for your clients or your own portfolio? Use the calculator on our website to see the difference for yourself. #wealthmanagement #financialadvisor #exchangefund -- Prospero Wealth and Cache are unaffiliated entities. Important information and disclosures about Exchange Funds are available on our website.

🤔 "Sell RSUs immediately!" vs. "HODL forever!" Which is the right answer? Internet wisdom suggests selling RSUs immediately. Yet we've seen thousands of tech employees who've built massive wealth by holding their vested stocks. Two extremes: → We've met an Nvidia employee who sold RSUs immediately on vest and seemed to regret doing so. → Lehman employees held 30% of company stock worth $60B in 2007 - before losing it all in the collapse. This polarized advice has always puzzled me. Skip the Blind / Reddit extremes. Your strategy should match your unique situation. 👉🏽 Evaluate your concentration risk (over 20% in one stock might be too much). 👉🏽 Consider your liquidity needs (what if the stock collapses suddenly?) 👉🏽 Plan your tax implications carefully (a default tax lot relief method might increase your taxes). Learn how you can tax-loss harvest among lots close to their basis and use advanced strategies like exchange funds for highly appreciated lots. Here's an article I wrote: https://lnkd.in/gaUeJNYj What's your RSU strategy? Share below 👇

I’m thrilled to welcome Simone Devenny, J.D., as a Wealth Strategy Partner at Cache. Joining our Institutional Sales team, Simone will partner closely with advisory firms to implement the Cache Exchange Fund for their clients. Simone brings over 25 years of wealth management expertise, specializing in collaborating with advisors on complex estate and tax planning, concentrated position management, and wealth transfer strategies. She began her career in estate and tax law at her own firm. She later spent over a decade at firms like Eaton Vance, Morgan Stanley, and Fidelity where she partnered with advisors on wealth strategy and served as a specialist in exchange funds. Simone holds both a B.A. and J.D. from Boston College.

📊 How much of one stock is too much for your portfolio? Here's a reality check for those of us with concentrated positions: While individual stocks have seen incredible gains (some up 15-35X in the last decade), our research shows a sobering truth: only 27% of individual stocks outperform the market long-term. Here's a framework we came up with at Cache: 🟡 10-25%: Pushing your luck 🟠 25-50%: Tempting fate 🔴 50-75%: Playing with fire 🥵 75-100%: Going #YOLO Before holding onto that concentrated position, ask yourself: 👉🏽 Could you stomach a 30-60% drop? 👉🏽 Do you want to minimize regrets and heartburn? 👉🏽 Would you run into financial trouble if a black swan event were to occur? 👉🏽 Is this also your employer's stock? Read the full article to learn more about various tax-efficient diversification strategies: https://lnkd.in/g_iNViRx What's your take on portfolio concentration? #Investing #WealthManagement #StockMarket #PortfolioStrategy #FinancialPlanning

We're proud to announce that the Cache Exchange Fund has surpassed $250M in assets just 8 months after launch! Our rapid growth reflects an important market need: helping professionals like you manage your concentrated stock positions. Over the last two decades, stock compensation has accelerated in corporate America. And the stock market has been on a 15-year bull run. This has created a situation where many of us have a majority of our wealth tied up in one or two stocks. Concentration can build wealth (look at Nvidia’s 370x return in 10 years). But concentration can also destroy wealth (consider the huge drawdowns that Snowflake and Crowdstrike had to endure this year). Become too concentrated, and you put your financial future in jeopardy. Diversification is the only answer, but selling to diversify could incur a huge tax bill. Enter Cache: We help you diversify your portfolio while deferring taxes. It’s called an Exchange Fund, and we are making it broadly accessible. We’re pleased that leading tech and finance executives have adopted the Cache Exchange Fund into their financial plans. If you hold 1-2 stocks that make up most of your portfolio, now's the time to finish your 2024 financial planning. Our next close is on Nov 15th. Get started on our website if you’d like to participate. https://lnkd.in/g9m5pemU — Assets refer to gross AUM as of November 6th, 2024. References to large upfront tax bills are intended to illustrate clients with long-term investments in highly appreciated stocks, such as some of the components of the NASDAQ-100 Index. Each investor's tax situation will be unique, so please consult your tax advisor about your situation. Securities are distributed by Cache Securities LLC, Member FINRA/SIPC. Cache Advisors LLC is the advisor to the Cache Exchange Fund and is an Investment Advisor registered with the SEC. Registration with the SEC does not imply a certain level of skill or training. Cache Securities and Cache Advisors are affiliated and under the common control of Cache Financials, Inc. Investing involves risk. Additional product information and disclosures are located on our website and disclosed in the product offering documents.

We’re excited to announce our new partnership with Long Angle! Long Angle is a worldwide community of high-net-worth individuals, helping connect them to peer advisory groups, live events, investment education, and alternative investment deals. With its free membership, Long Angle has grown to thousands of investors worldwide. It helps them improve their portfolios and invest in personal development. And with Premier membership, you get discounted access to products like Cache. Together, we’re creating better ways for their members to manage concentrated stock positions effectively. Take a closer look at Long Angle here - https://lnkd.in/g9sxfU44 -- Long Angle and Cache are independent legal entities. Cache products and services are only available to residents of the United States in jurisdictions where they are registered.

Discover a smarter way to diversify with the Cache Exchange Fund. Now, also faster.