Financial Planning Archives - Harness Wealth | Providing builders confidence in their best financial future

7 Financial and Tax Planning Optimizations to Complete Before 2022

These are the seven areas of your financial picture that you need to consider optimizing before year end, particularly after yet another tumultuous year.

Harness Tools Launches in Open Beta

We are excited about the release of the newest component to our platform, Harness Tools. This offering moves us closer to our goal of giving builders like you absolute confidence in setting the best path toward your financial future with a comprehensive view of your assets and analyzing the strategic steps to take with your equity.

Financial Planning for Employees Before and After IPO

Working for a company that goes public can have life-changing financial consequences. It can also give rise to tax and legal issues that must be addressed proactively to protect and maximize your windfall.

Managing Employees Through a Liquidity Event: How HR Can Help with Equity Decisions

This can be an exciting time for your organization, but if you’re a manager or HR leader, it likely means you will be facing a wave of questions from employees throughout the event about what it means for their equity and personal finances.

SPAC vs. IPO: Valuation, Lockup Period, and Employee Equity

As a founder or an employee at a company undergoing a SPAC, you should start planning as soon as you're aware the event is on the horizon. The financial impact of this event will not just be an easy windfall -- you'll have to consider the potential costs of exercising options, timing of selling shares, and the resulting tax bill before you can start thinking about how to invest your net proceeds.

Diversify Your Portfolio: How Startup Employees Over-invest in Tech

Tech as an industry has had major growth in the last few years, and continues to hold strong, even in 2020. However, recent history shows that many tech employees run the very real risk of being too invested in the technology sector. We outline the most common components that make up this overall risk below, and offer some guidance how best to balance your unique risks and opportunities.