Aspiriant

You built the company. You held the stock. You weathered volatility. Now what?

Many Bay Area tech professionals reach a point where wealth becomes real—and complex. Concentrated positions, liquidity events and tax exposure require a shift from accumulation to coordination.

Read our perspective on what comes next: https://aspiriant.com/fathom/bay-area-tech-wealth-planning/?utm_source=facebook&utm_medium=social&utm_campaign=bay_area_tech_professionals

For executives and founders, liquidity events often represent a once-in-a-career milestone. But the most impactful decisions are rarely made at the moment of transaction—they’re made well in advance.

Pre-IPO or pre-sale planning can influence tax efficiency, diversification strategy and long-term financial independence.

Explore our liquidity insights in this eBook: https://aspiriant.com/ebook/living-the-dream-a-guide-to-liquidity-event-planning/?utm_source=facebook&utm_medium=social&utm_campaign=ebook-living-the-dream-liquidity

Don't forget to register for our upcoming Investing Outlook Q3 2026 webinar.

Join John Allen and Marc Castellani from Aspiriant’s Investment Strategy & Research team for our quarterly Investing Outlook conversation. They’ll share perspective on the forces shaping markets today and how we’re thinking about portfolios in response.

Thursday, July 23 at 10 a.m. Pacific time.

Register: https://aspiriant.com/aspiriant-investing-outlook-q3-2026-webinar/?utm_source=facebook&utm_medium=social&utm_campaign=investing_outlook

Chris Murray, our Practice Leader in Tax Services, shared insights with the San Francisco Chronicle about how a reduction in capital gains taxes may impact the Bay Area.

Read more: https://www.sfchronicle.com/realestate/article/capital-gains-tax-cut-benefits-22319813.php

Our Managing Director in Investment Strategy and Research, Dave Grecsek, explained why bonds may be a useful investment strategy for retirees in this US News and World Report article.

"In the current environment, we often see portfolios holding too much cash, mostly because investors have been scarred from the recent historical bond losses; however, the outlook for bonds has greatly improved and now cash is back to a negative expected real return," he says.

Read here: https://money.usnews.com/investing/articles/rules-for-investing-after-retirement

Join John Allen CFA®, CAIA and Marc Castellani, CFA, CAIA, CIMA® from Aspiriant’s Investment Strategy & Research team for our quarterly Investing Outlook conversation sharing perspective on the forces shaping markets today and how we’re thinking about portfolios in response.

Thursday, July 23 at 10 a.m. Pacific time.

Registration now open: https://aspiriant.com/aspiriant-investing-outlook-q3-2026-webinar/?utm_source=facebook&utm_medium=social&utm_campaign=investing_outlook

Dave Grecsek, our Managing Director in Investment Strategy and Research, was featured in a recent Financial Times’ MandateWire article discussing our investment strategy and barbelled approach between defensive stocks and diversifiers.

“That’s really one of the cornerstones that I think is a little bit different about Aspiriant...in terms of how we asset allocate, our equity strategy is almost always barbelled in the sense that we’re going to have an allocation to more opportunistic higher expected return equities coupled with more defensive-style stocks,” he said.

A liquidity event can be exciting, but it can also create a challenge many investors don't anticipate: how much of your wealth should remain tied to a single stock?

For founders, executives and employees, concentrated stock positions often represent years of hard work and belief in a company’s success. Explore one approach to managing concentrated stock positions using a tax aware long-short strategy to manage capital gains: https://aspiriant.com/fathom/tax-aware-long-short-concentrated-stock/?utm_source=linkedin&utm_medium=social&utm_campaign=long_short

Why do so many smart, successful people still struggle with money?

Anne Lester joins Sandi Bragar and Cammie Doder on Money Tales to share how her own struggles with saving and spending led to a deeper understanding of financial behavior. Drawing from her experience leading retirement solutions at J.P. Morgan Chase, she explains why lasting financial habits come from working with your behavior, not fighting against it.

Listen to the episode: https://aspiriant.com/podcast/anne-lester/?utm_source=facebook&utm_medium=social&utm_campaign=episode_post

Our Managing Director in Investment Strategy and Research, Dave Grecsek, recently spoke with MarketWatch to discuss our investment outlook and expectations for value-style equities. “We’re starting to open up a window here where these value-style businesses can get back to generating better earnings growth,” he explains.

Read the article here: https://www.marketwatch.com/story/this-is-not-a-flash-in-the-pan-why-value-stocks-are-beating-growth-by-such-a-wide-margin-b2bddccc