Ignoring Taxes
Overlooking tax implications can erode significant portions of executive wealth through excessive tax liabilities.

Overconcentration
Relying too heavily on company stock or assets risks devastating losses if the company underperforms or fails.

Neglecting Diversification
Failing to diversify across assets and sectors increases the risk of large financial losses if one sector declines.

Poor Estate Planning
Inadequate estate planning can result in higher taxes and fees, potentially diminishing wealth for heirs.

Ignoring Professional Advice
Neglecting to seek financial advice from professionals can lead to costly mistakes and missed wealth preservation opportunities.

Mismanaging Stock Options
Improper timing or execution of stock options can lead to significant tax liabilities and lost wealth.

Ignoring Liquidity Needs
Lack of liquidity planning can result in forced asset sales at unfavorable times, impacting wealth preservation.

Underestimating Risk
Failing to assess personal and market risks can lead to financial instability and poor long-term wealth growth.

Misunderstanding Compensation Packages
Not fully understanding the complexities of executive compensation can result in missed benefits and financial missteps.