The Albatross: Navigating Concentrated Wealth

The September 2026 Investment Planning Knowledge Circle will be held on Tuesday, September 15th at 2 pm ET.

Guest speaker Brent Sullivan will be presenting, "The Albatross: Navigating Concentrated Wealth."

Every adviser has met the client with one stock, a very low cost basis, and a substantial gain they do not want to realize carelessly. This session starts with client priorities: liquidity, retained exposure, cost, risk, and tax management. It maps those priorities to practical solutions in seven families, including staged selling, hedging, and giving. Before the technical work, though, we ground the discussion in the extremes: what happens if the client sells today, and what happens if they just keep holding?