Patrick Lawler, Certified Financial Planner and Partner However, to properly manage their wealth and create an indepth equity-based compensation diversification strategy, professionals or executives must possess a significant understanding of their company’s benefits like equity compensation, 401k, employee stock purchase plan (ESPP), incentive stock options (ISO), non-qualified stock options (NSO), and restricted stock units (RSU)— which is often not the case. The lack of understanding about maintaining the shares of different companies while switching organizations makes it challenging for them to build wealth management strategies around liquidation and equity diversification, especially in the highly dynamic environment of the biotech and pharma industries.
LRVS Advisory Group, a financial advisory group, brings an in-depth understanding of complex company benefits and challenges, including family structure, career choices, and health issues that make financial planning difficult, to deliver custom solutions. They help professionals build a strategy for their trading plans, diversifying holdings and ensuring the least potential tax obligations while reducing single stock risk. Their advanced and extensive experience working with clients allows them to take the burden of financial planning off of professionals’ shoulders, especially in biotech, life sciences, and pharmaceutical sectors, and enables them to focus on their family, hobbies, interests, and work without worrying about finances.
To create a holistic, customized financial plan for individuals and their families, LRVS’ comprehensive financial planning framework combines their personal, professional, and financial areas.
“We ensure our clients have relevant support to progress toward their desired financial goals,” says Patrick Lawler, CERTIFIED FINANCIAL PLANNER™ and partner of LRVS.
Focusing on the career trajectory of individuals, LRVS evaluates how shuffling between companies affects a client’s long-term financial planning. They create a tailored approach to put the client in the best position for managing finances and getting closer to their ideal future. In the event LRVS can’t fit the strategies or aspects of a client’s financial life, they refer them to other professionals, estate attorneys, or accountants.
The financial planning process at LRVS begins with an introductory call with clients, where it briefs them on its processes and the value it drives. It also identifies their financial challenges and goals. Based on the insights gained during the introductory meeting, the LRVS advisor decides on the relevant strategies to build a financial plan for clients reflecting their strengths and goals. Whether the goal is retirement or their children’s education, LRVS Advisory Group formulates strategies that closely align with their ideal objectives.
We ensure our clients have relevant support to progress toward their desired financial goals
The LRVS team constantly discovers and uses the best solutions for each client’s needs. Its advisors work flexibly with clients in various ways, allowing them to provide unbiased advice in a fiduciary capacity. They constantly monitor legislative changes, economic trends, unexpected events, and macro and micro dynamics to learn and adapt to the changing world.
LRVS stays current or up-to-date with the latest investment strategies, technology, and software that provide clients with the most innovative experience for making informed financial decisions at each step and bring a new level of clarity and control over their finances.
