Jake Northrup, CFP®, CFA, CSLP®

Founder and Financial Planner at Experience Your Wealth 💰| @investmentnews 40 Under 40 & @investopedia 100 advisor 🏅| Dog Dad 🐕| Travel Lover 🌎

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Equity comp at a private company can accelerate your path to financial independence by years. Or cost you six figures in unnecessary taxes.

ISOs, NSOs, RSUs, QSBS, AMT, tender offers, post-termination windows — everything is covered.

https://t.co/26CK56OwAX

#equitycompensation

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

The new $40k SALT deduction is a major win for high earners in high-tax states, but begins to phase out >$500k of income.

This makes proactive tax planning crucial if you're in the $500k - $600k income range.

@claireeboston @YahooFinance

https://t.co/sFM6yWMK0W

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Experience Your Wealth is #hiring!

We’re looking for a relatively newer CFP® professional to join our team as a fully remote Associate Financial Planner.

Details to apply here: https://t.co/Nhp57IZK5V

[Brendan Frazier @jbrendanfrazier]

Having clients talk about their goals for the future is one thing.

Having clients create a vision of their future is next-level.

Check out how @Jake_EYW does it with his "Life Planning Timeline."

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

As EYW is about to finish its 5th year, it felt like a great time to reflect upon the journey.

Here are the 7 lessons I've learned in years 3 - 5 of scaling EYW.

Thanks to @MichaelKitces for the opportunity to share!

[MichaelKitces @MichaelKitces]

After a year or 2 in business, some firm owners will find that their plate is becoming full and their available time is shrinking. In this guest post, @Jake_EYW shares 7 lessons he learned in years 3–5 of building his RIA and changes he subsequently made: https://t.co/fwRgWMwQcW

[Brendan Frazier @jbrendanfrazier]

This mindset shift from @Jake_EYW is 🔥

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Experience Your Wealth is #hiring!

We’re looking to add a fully remote paraplanner with ideally 2+ years of full-time experience in a paraplanning role.

Details to apply here 👉https://t.co/COoTC9vbaH

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

To help reduce the likelihood of going down the wrong future path, consider goal setting as:

👉 Take guesses at what future you will want

👉 Run some experiments

👉 Reflect on the experiments

👉 Rediscover what you think is important to you

... rinse and repeat

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Hey @klaviyo equity holders - here are 5 strategic questions to ask yourself before year-end as it relates to your equity to help you develop a life-centered, tax-efficient plan for your equity from the #IPO.

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Huge thanks to @jbrendanfrazier for having me on his podcast!

In this episode, we pull back the curtain of EYW to talk about how we always put a clients’ life at the center of their finances.

[Brendan Frazier @jbrendanfrazier]

If you've ever wanted a playbook for infusing the human side throughout your process...

This episode is for you.

@jake_EYW breaks down each of his meetings and shares how he and his team help clients live their ideal life.

Listen here --> https://t.co/6Y7pbYzB2g

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

@klaviyo went public on September 20th, 2023.

Our last blog on the Klaviyo #IPO pulls together the key points from our prior 3 Klaviyo IPO blogs so you can develop a life-centered, tax-optimized plan for your equity once the lock-up ends in March 2024.

https://t.co/Bx3bBJ4kgO

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

@klaviyo went public on September 20th, 2023.

Our last blog on the Klaviyo IPO pulls together the key points from our prior 3 Klaviyo IPO blogs so you can develop a life-centered, tax-optimized plan for your equity once the lock-up ends in March 2024

https://t.co/Bx3bBJ4kgO

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

@SamanthaTwenty @ProfRyanRussell @morganhousel Just bought this for future children & family - Ryan’s legacy will live on. Sending you all love and prayers 🙏

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

@MegBartelt @klaviyo @Instacart The waiting game has started 😄

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Do you have a large chunk of RSUs vesting in the near future? (Shoutout @klaviyo and @Instacart employees!)

Watch out for a surprise tax bill.

RSUs are typically withheld at a 22% federal tax rate, but if your effective federal tax rate > 22%, you'll be under-withholding tax.

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Boston-based @klaviyo went public today!

Here's how #Klaviyo employees can plan for their RSUs, ISOs + NSOs to help minimize taxes, while also maximizing their life.

https://t.co/fztLZBfJTr

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Boston-based @klaviyo is going public... what mistakes can you avoid with the #IPO?

This blog is part 2 of the 4-part mini blog series on the #Klaviyo IPO discussing 5 of the most common mistakes that we see people make during an IPO.

https://t.co/72V1FNp0z1

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

Boston-based @klaviyo filed its S-1 last Friday to kick off the IPO process

Part 1 of this mini-series covers the logistics of the Klaviyo IPO and connecting the #IPO event to your life goals & values

Before you answer WHAT to do, you need to answer WHY

https://t.co/m3dvNcdXG3

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

@klaviyo filed its S-1 to kick off the IPO process.

Part 1 of this 4-part mini blog series covers the logistics of the Klaviyo IPO + connecting the IPO to your life goals & values.

Hint: First answer WHY so then you can answer WHAT to do financially

https://t.co/m3dvNcevvB

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

@NYCKevinBrady Definitely… and especially BEFORE a sale or liquidation event occurs

[Jake Northrup, CFP®, CFA, CSLP® @Jake_EYW]

A lesser-known tax rule that can exclude up to $10 million of capital gains for those with equity in a start-up company...

Qualified Small Business Stock (QSBS).

For those that have QSBS-eligible stock, the tax savings (up to 7 figures!) can be life-changing.