Editorial
Wealth decisions that survive board week
Concentration, liquidity, and planning explainers written for leaders who already run complex businesses — not generic personal finance content.
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Recent articles
Each article connects to at least one tool or scenario model you can apply directly to your own equity and liquidity picture.
Equity Compensation Basics: RSUs, Stock Options, and ESPPs for Executives
Three instruments, three different tax mechanics, three different risk profiles. Treating them as interchangeable 'equity comp' is the first mistake most executives make.
10b5-1 Trading Plans Explained: Structure, Timing, and Common Missteps
A properly adopted 10b5-1 plan is one of the few legal ways insiders can trade during a blackout. Adopting one at the wrong moment defeats its own purpose.
Deferred Compensation Plans: Weighing the Real Tradeoffs
Deferring income to a lower future tax bracket sounds simple. In practice, an unsecured promise from your employer carries a risk most executives underprice.
Managing Concentrated Stock Position Risk Without Signaling
Executives face a real conflict: reducing concentration is prudent risk management, but selling company stock can be read by the market as a lack of confidence.
Golden Parachute and Severance Tax Planning for Departing Executives
A change-in-control severance package that looks generous on paper can trigger an excise tax that quietly claws back a meaningful share of it.
AMT Exposure From ISO Exercises: What Executives Need to Model
Exercising incentive stock options can trigger a tax bill on paper gains you have not actually realized in cash. The alternative minimum tax is where that happens.
Executive Disability and Key-Person Insurance: Two Different Problems
One protects your household income. The other protects the company's balance sheet. Executives who only think about one leave a real gap in the other.
Timing Equity Vesting Around Liquidity Events
A merger, secondary offering, or IPO lockup expiration can collide with your normal vesting calendar in ways that concentrate both tax liability and market risk into a single quarter.
How Board Compensation Is Actually Taxed
Cash retainers, equity grants, and committee fees for board service are taxed differently than most directors assume — and the self-employment tax question surprises people every year.
Philanthropic Giving Strategies for High Earners: DAFs and Charitable Trusts, Plainly Explained
Donor-advised funds and charitable trusts get pitched as tax hacks. They are actually structural decisions about control, timing, and irrevocability worth understanding on their own terms.
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Executive wealth demands executive-grade coordination
Equity compensation, deferred comp timing, golden handcuff analysis, and board governance considerations all interact. Fenul Wealth integrates every dimension into one clear plan.
- Equity compensation and vesting optimization
- Deferred compensation election strategy
- Concentrated stock reduction and diversification
- Executive benefits and 10b5-1 planning
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