I just exited a highly concentrated position and am now looking to deploy about $5m in cash. I've started to look into direct indexing as a means of both diversification and tax efficiency.
Two questions:
Does anyone here use a direct indexing product that they would recommend?
Is it possible to engage directly with these vendors or do you generally need to work through an AUM-priced financial advisor?
Created a new account to post, I'm not a bot I promise.
Have not FatFIRED yet, but think about it a lot. I've appreciated everyone sharing their stories, especially the folks 5+ years in.
I'm currently working in tech and am in my peak earning years, making ~$700k. I've got two kids in high school, so college is looming. I'm thinking I'll work until they are least both in college and then revisit whether it makes sense to keep working.
Roughly half of my net worth is tied up in a single stock with a super low basis. I'm about to work with a financial advisor to implement an option collar to limit my downside and control my exposure to capital gains. Will share here how that goes.
Glad I created an anon to start posting, looking forward to the conversation!