Meet George
George is a 29-year-old successful software engineer and business owner.
He was working hard to build his wealth, but felt like he wasn’t in control of his finances; mainly worried that he wasn’t allocating money towards his goals. George’s wealth operated in silos across multiple institutions, leading to inefficiency and missed opportunities. Without a clear plan, he was vulnerable to unnecessary risk and taxes.
George came to us with the hopes of saving up for a down payment, building steady passive income, and stepping into entrepreneurship. But first, he needed a cohesive plan to bring it all together.
How Ocean 6 Guided George to Financial Clarity
We began working closely with George to develop a clear plan to regain control of his finances.
The 3 major steps we took were:
- Restructured his business activities: By establishing a proper corporate structure, we immediately identified $40,000 in annual tax savings.
- Implemented a diversification strategy: Like many successful professionals, a large portion of George’s net worth was tied up in his company stock. This created a huge concentration risk. By diversifying George’s wealth, he is now protected from market volatility, and his portfolio is aligned with his long-term goals.
- Consolidated investment accounts across countries and institutions: This delivered financial peace of mind. George now has a holistic, real-time view of his finances. He’s confidently on track to reach his goals and no longer juggling accounts and advisors working in silos. Instead, one dedicated team understands every detail of his financial picture. All parts are aligned and working efficiently together.
The Impact
By restructuring his wealth and creating a feasible plan aligned with his long-term goals, George is now able to trust that his wealth is working for him.
We replaced financial chaos with clarity, ultimately helping George save $40,000 a year in tax. With more money back in his pockets every single year and a diversified portfolio earning him passive income, George is achieving his goals of simplified wealth management, owning a home and having the financial security to be his own boss much faster.
We don’t just manage wealth – we give our clients their time back. Read more about how we’ve helped clients achieve their goal of retiring early here.
Ready to see what’s possible for your financial future? Book a call with one of our advisors today.