Overview
- Tech employees and early investors are realizing large paper gains from recent rallies and IPOs, creating concentrated equity positions that many now need to turn into cash or diversified assets.
- Private wealth advisers report a clear rise in pre‑ and post‑IPO planning as clients ask how to preserve value, limit taxes, and avoid selling all their shares at once.
- Lockup periods and staged share releases are delaying when holders can sell and are creating timing risk that advisers now factor into sale schedules and follow‑up planning.
- Advisers are using targeted liquidity and tax tools such as variable prepaid forwards, hedging structures, and borrowing against accounts to give clients cash without immediate taxable sales.
- Newly wealthy individuals are forming family offices earlier and planning big reinvestments or large‑scale philanthropy, with advisers warning that decisions should balance personal goals against tax and market risks.