CFO of a public company – What legacy will they leave behind?
How we can help
How we can help
Nancy and Ken are in their early 50s and have two adult children, Justin (23) and Evelyn (19). Nancy is the CFO of a public company. Her compensation consists of a salary, employee stock options and restricted stock units (RSUs). Nancy has accumulated a significant number of shares in the company and recently sold some of her shares resulting in proceeds of about $5 Million. Nancy plans to sell the remainder of her shares in the next 3-5 years for approximately $10 Million (based on today’s valuation of her company) and retire. Ken is an artist and homemaker without any taxable income.
Although Nancy and Ken were initially concerned about understanding Nancy’s compensation as well as developing a retirement plan, we also learned they:
Our Private Wealth teams are in communities across Canada. Find out how we can support your unique needs.
DISCLAIMER: For illustrative purposes only. All situations described above are hypothetical and based on various client situations. Any similarity to any one individual person(s) is purely coincidental.
Written and published by IG Wealth Management as a general source of information only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an IG Wealth Management Consultant. Insurance products and services distributed through I.G. Insurance Services Inc. (in Québec, a Financial Services Firm). Insurance license sponsored by The Canada Life Assurance Company (outside of Québec).