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Me the next time I’m going through TSA
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Additional Posts in Partner One
At what age did you sell your first project?
Me the next time I’m going through TSA
From EPS how much pension one can expect?
What is a good stock vesting schedule?
At what age did you sell your first project?
In the firm and s&p 500
PWC, based on independence rules, if you’re a manager or above you are already a member of the firm and thus you likely would already be subject to rules regarding your holdings. They don’t generally get much more stringent at the partnership level, but there is some more rules for partners serving in the same office as the lead audit partner and if you’re in the chain of command. That being said, there is some return on partner capital and other cash left in the partnership, but it’s not designed as a substitute for an investment portfolio. Probably a little different for each firm.
Depends on the office. I had to sell some stocks when I made partner, but they run your Checkpoint items under the partner level restrictions and give you a month or two to sell those positions. If I recall you had to be partner level independent by sometime in March before the July you are admitted.
Some firms have programs that you can invest your excess cash in. Beyond that, I mostly use Index or industry target funds, since those are allowable.
We have a safe list of ETF and brokers that we essentially keep clean to ensure you don’t need to sell appreciated securities due to independence issues. Schwab and WisdomTree are some of what I use in my personal portfolio.