Planning for Corporate Executives
Presenter: Richard L.N.Weaver, Senior Portfolio Manager, Bernstein
Managing stock-based compensation effectively requires an analysis of the expected returns and risk of current and future grants, in the context of your own financial goals. For example, if you are given a choice between a grant of stock options and restricted stock, you need to have a good sense of how each may perform in the future, and what the results would mean to you. The future is unknowable, but sophisticated planning tools can project the probability of results with enough statistical strength to provide confidence in the results. To maximize the value of stock-based compensation over a lifetime, a "core and excess capital" framework can help you make smart decisions.
Richard L.N. Weaver is a Senior Portfolio Manager in the New York office; he is also a member of the Private Client Investment Policy Group, which develops the firm’s advice to clients regarding asset allocation, portfolio rebalancing and tax management, as well as portfolio strategies. Prior to assuming this position in 2008, he was a director in the firm’s Wealth Management Group for five years, specializing in concentrated stock solutions and advanced planning for corporate executives. Previously, Weaver was with Prudential Securities, where he headed the private wealth management effort and managed the firm’s executive services and strategies group. A veteran of the capital markets for nearly 30 years, Weaver has worked extensively with high-net-worth clients and their professional advisors. Weaver earned a BS from the Wharton School at the University of Pennsylvania and an MBA from New York University.