TECH SUCCESS Book
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An Introduction to Personal Wealth Management for Successful Silicon Valley Families
You are not the average executive.
As a Silicon Valley tech executive, you have invested years of your life taking calculated risks and quantifying success.
Your work has paid off, and you now have choices: you can continue working, or not.
Are you excited by another round of technical innovation, or are you ready for a completely new direction? Is family or community a growing focus in your life? Are you planning to make a meaningful difference in the world?
You know that financial security can be fragile. Whatever your next move, it should include protecting what you have achieved.
In TECH SUCCESS, Trevor Strudley and Heather Stiles present their experience and extensive research to help you in your transition to the next phase of your life. You will gain strategies and tools to:
- examine all aspects of wealth management that will impact you and your family—including financial and risk management, tax, estate, and philanthropic planning;
- reduce the stress and uncertainty of your spouse or partner, who may feel inadequately prepared for the legal, financial, and medical responsibilities that can arise when change happens; and
- learn about the potential benefits of legacy planning and philanthropic giving strategies.
TECH SUCCESS was released in March 2017, and is now available for purchase from bookstores and online at Amazon. All book sales will be donated to the Silicon Valley Community Foundation and the Community Foundation Santa Cruz County.
If you are an accredited investor planning for a work-optional future, contact us for your complimentary copy of TECH SUCCESS.
Please note, changes in tax laws may occur at any time and could have a substantial impact upon each person's situation. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional. Raymond James' sponsorship, endorsement, association or affiliation of/with the Silicon Valley Community Foundation and the Community Foundation Santa Cruz County or its activities is not implied, nor should it be inferred.
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How do making work optional, raising financially fit kids, and philanthropy come together?
These and many more subjects are humorously demystified in TECH SUCCESS. Writing in a light conversational tone, local authors Trevor Strudley and Heather Stiles, make sense of weighty subjects including investing, estate planning, charitable giving, and tax mitigation.
Lance Linares, Chief Executive Officer of the Community Foundation, will lead a conversation with the authors, on how the book answers tough-but-important questions:
- When will work become optional for me?
- Have I protected my family against disasters: financial, medical and natural?
- What should I do to manage the risk of concentrated stock positions?
- Is my estate plan in order, or will I leave a mess for my family to clean up?
- Have I prepared my kids to inherit significant wealth?
- How can I make a meaningful difference in my community?
TECH SUCCESS is a practical, accessible guide for technology executives on how to manage, preserve, and transfer multigenerational wealth while making a meaningful impact in the community and the world. This book reflects lessons learned from hundreds of client experiences, and includes insights from local experts in the fields of wealth management, tax and estate planning, insurance, and philanthropic giving.
You don’t have to be a tech exec to appreciate the guidance this book has to offer.
Above all — this is your resource to free up your creative energy and focus on you and your family’s next great adventure!
All net proceeds from book sales will be donated equally to the Community Foundation Santa Cruz County and the Silicon Valley Community Foundation.
If you are an accredited investor keen to read TECH SUCCESS please contact us for your complimentary copy.
Please note, changes in tax laws may occur at any time and could have a substantial impact upon each person's situation. While we are familiar with the tax provisions of the issues presented in the book, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional. Raymond James' sponsorship, endorsement, association or affiliation of/with the Silicon Valley Community Foundation and the Community Foundation Santa Cruz County or its activities is not implied, nor should it be inferred. Lance Linares is not affiliated with Raymond James.
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Technology Executives Make a Meaningful Difference in New Personal Wealth Management Book
March 22, 2017
-FOR IMMEDIATE RELEASE
SANTA CRUZ, CA. – Trevor Strudley and Heather Stiles of the Capitola branch of Raymond James Financial Services, Inc., member FINRA/SIPC, announced the release of their new book “TECH SUCCESS: How Technology Executives and Their Families Manage Meaningful Wealth.” The book is a practical, accessible guide for technology executives who want to manage, preserve, and transfer multigenerational wealth while making a meaningful difference in their community and the world.
“Whether you are looking for a change of lifestyle, contemplating retirement, or still enthusiastically working, this book provides thought-provoking ideas to help plan your future” said Scott Curtis, President, Raymond James Financial Services.
“Busy technology executives are seeking answers. How do they enjoy their innovative careers, take care of their families, protect their financial resources, and make the world a better place? Even work-optional and retired executives are sometimes not sure they made the right financial decisions,” explained Trevor Strudley, private wealth manager for technology executives. “TECH SUCCESS focuses on the factors we see enhance or wreck successful lives. The information in this book can help tech execs verify whether they are on plan or need to take action.”
In writing TECH SUCCESS, Strudley and Stiles, a husband-wife team, distilled more than three decades of Silicon Valley and Santa Cruz experiences. The book contains lessons learned from hundreds of client experiences, and insights from specialists in the fields of wealth management, financial literacy, tax and estate planning, insurance, community service, and philanthropic giving.
“Technology professionals use their skills, knowledge, social networks, and financial resources to make a difference in our community," said Heather Stiles, branch manager.
TECH SUCCESS is available on Amazon, at Bookshop Santa Cruz, and Silicon Valley independent bookshops.
All book sales will be donated to the Silicon Valley Community Foundation and the Community Foundation Santa Cruz County.
Raymond James Financial Services in Capitola, California, provides concierge wealth management services for successful technology executives and families in the Santa Cruz and Silicon Valley areas. The team works with local tax, legal, risk management, and philanthropic advisors to implement individualized solutions for each client’s personal needs and financial situation.
Visit TechSuccessBook.com for more information.
For media relations:
Heather Stiles, CRPC®, Branch Manager or
Trevor Strudley, CFP®, Private Wealth Manager for Technology ExecutivesPhone: 831-464-6416
Registered Office:
Raymond James Financial Services, Inc., member FINRA/SIPC
2121 41st Avenue, Suite 206,
Capitola, CA 95010
831retire.comAbout the Authors:
Trevor Strudley, MSc, MBA, CFP®, has three decades’ experience with technology, covering the spectrum of high-tech, biotech, and clean-tech. He spent two decades launching new technology products and companies, internationally and domestically, from small start-ups to large multinational corporations. After start-ups, IPOs, and private-equity investing, he became a partner in his wife’s private wealth-management practice, focused on making work optional for Silicon Valley technology executives and their families.
Heather Edith Stiles, CRPC® works closely with successful families and women executives, especially those preparing for or enjoying retirement. Heather also leads the branch’s institutional investment work with nonprofits, foundations, and endowments.
Heather Stiles and Trevor Strudley have affiliated with Raymond James Financial Services since 1992.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 7,100 financial advisors serving approximately 3 million client accounts in more than 2,900 locations throughout the United States, Canada and overseas. Total client assets are approximately $622 billion. Public since 1983, the firm has been listed on the New York Stock Exchange since 1986 under the symbol RJF. Additional information is available at www.raymondjames.com.
Copyright © 2017 Raymond James Financial Services
Please note: changes in tax laws may occur at any time and could have a substantial impact upon each person's situation. While we are familiar with the tax provisions of the issues presented in this book, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. Clients should discuss tax or legal matters with the appropriate professional. Raymond James' sponsorship, endorsement, association or affiliation of/with the Silicon Valley Community Foundation and the Community Foundation Santa Cruz County or its activities is not implied, nor should it be inferred
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Successful Tech Execs and their Family Members
Our TECH SUCCESS book is intended for successful technology executives and their family members (spouse or partner), who have financial complexity and investable assets greater than $1 million. The “accredited investor” threshold has been selected because the book addresses issues specific to higher net worth individuals.
The book is also relevant for three other select groups of readers:
- Nonexecutive senior managers and their families, with significant wealth
- Venture-capital investors and their families
- Young entrepreneurs who anticipate having substantial wealth in the future due to equity in a lucrative technology company or product
Management Matters
While you might not consider yourself to be an “executive,” many of the topics raised by this book are also directly relevant to successful senior managers and their families who are experiencing the issues of significant wealth. Work may now be optional for you, too, and it’s important to appropriately manage the complexity you’re undoubtedly facing as you contemplate the transfer of your life’s work and values to the next generation.
Nothing Ventured - Nothing Gained
Venture capital drives the pace of Silicon Valley almost as much as the brilliance of engineers and technology visionaries. As an entrepreneurial venture capitalist, you are very comfortable taking significant risk with your firm’s investments and your personal assets. However, in the event of your unexpected death or incapacity, without your expertise, your family may need to take a more carefully considered, conservative approach that potentially reduces future risk.
The First Million is the Hardest
While the book is designed for technology leaders who are accredited investors with more than one million dollars in investable assets, it contains valuable information for anyone who is intentionally on the road to success. If you’re in a start-up or an entrepreneur who is serious about your business, throughout this book there are valuable takeaways to help you and your family prepare for the road ahead. In addition, Appendix B—Top Ten Ideas for Financial Success—brings together practical advice from Silicon Valley technologists, advisors, and retirees on how they reached, and retained, their initial financial successes.
Divorcees and Survivors
This book will also benefit divorcees and bereaved spouses, who may be inheriting a complex financial situation. If you were previously married to a highly compensated technology executive, we provide specific guidance on transitioning to a full, rewarding and confident life.
Above all — this is your resource to free up your creative energy and focus on you and your family’s next great adventure!
If you are an accredited investor keen to read TECH SUCCESS please contact us for your complimentary copy.
Investing involves risk, including loss of principal. There are no guarantees. Past performance does not predict future results. Work with an advisor who can clearly explain the risks, not just the rewards, of your wealth management. Any opinions are those of Trevor Strudley and Heather Stiles and not necessarily those of RJFS or Raymond James.
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You are busy changing the world.
Perhaps curing cancer with personalized pharmaceuticals, transforming clean energy production, or developing the next generation of mobile communications. You may be revolutionizing transportation systems, on this planet or beyond. Technology advances, including those you are leading, are transforming lives around the globe.
Now it’s time for you to consider taking care of the future for yourself and your loved ones. Whether you are looking for a change of lifestyle, contemplating retirement, or still enthusiastically working, this book provides thought-provoking ideas to help plan your future.
Distilling their decades of Silicon Valley experiences, Trevor and Heather authored this practical guidebook on wealth management to benefit technology-focused executives and their families. Tech Success reflects lessons learned from hundreds of client experiences, and includes insights from local experts in the fields of wealth management, tax and estate planning, insurance, and philanthropic giving.
As the president of Raymond James Financial Services, I direct a team of dedicated associates supporting approximately 8100 independent financial advisors, assisting their clients with managing close to $774 billion in total invested assets*. Raymond James affiliated financial advisors have been serving private clients in California since 1985. In fact, Heather was one of Raymond James’ earliest women advisors in the Bay Area. Trevor, meanwhile, spent two decades working internationally in technology before joining his wife Heather in her private wealth management practice.
Trevor and Heather are an innovative team. Their combined experiences, technical skills, and collaborative approach enable them to focus on advising a select group of successful clients and families from Silicon Valley and Northern California.
Trevor and Heather holistically consider all members of a family―the concerns of a spouse or partner, preparing for and thoughtfully caring for senior family members, and educating children and grandchildren about financial matters. This book addresses these topics and many more. In fact, Heather has written a chapter entirely devoted to family issues from the viewpoint of a spouse or partner.
Since life rarely progresses according to a script, this book also identifies potential risks that have derailed the plans of affluent Silicon Valley families, and how to manage some of those issues.
Silicon Valley is a highly diversified and international population. As a member of the community, you likely have global concerns, commercially or personally. Trevor, as a “resident alien” from Europe, is well qualified to address financial considerations while looking through a slightly different lens.
Most of us would like to leave this world with a lasting legacy for family, community or a special interest. Trevor and Heather have integrated valuable advice from local estate attorneys and philanthropic advisors on how to purposefully plan your heritage.
Online investment algorithms have automated and commoditized basic investing. Nevertheless, it may never become possible for online tools to supplant the personal relationships and insights developed between sophisticated clients and their trusted professional advisors. The insights in this book illustrate why personal financial advice will remain a highly customized experience for successful Silicon Valley leaders, like you, already at the forefront of technology advancements.
Thank you for your work, positively impacting all our lives through technological innovation. Now take the time to benefit from Heather and Trevor’s thoughtful and pragmatic advice contained in “Tech Success: How Technology Executives and their Families Manage Meaningful Wealth”.
*As of 3/31/2020.
Scott Curtis
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President
Raymond James Financial Services -
TECH SUCCESS is not an exhaustive treatise on comprehensive wealth management for tech executives. It’s a thought-provoking, quick read during your next red-eye business flight, poolside vacation, or autonomous-vehicle commute to the office. We’ve adopted the 80-20 Rule, focusing only on those factors we commonly see enhance or wreck successful lives. Each chapter concludes with a topical checklist, so you can verify you are on plan, or need to take action.
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TECH SUCCESS was written with accredited investors in the technology sector in mind. Accredited investors have more than $1 million in investable assets, excluding a primary residence.
Looking for a lifestyle change? Contemplating retirement? Still enthusiastically working? Whatever the situation, TECH SUCCESS is filled with thought-provoking insights to help technology professionals understand financial complexity as they plan the future for themselves and their families.
If you are an accredited investor planning for a work-optional future, contact us for your complimentary copy of TECH SUCCESS.
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