Your Top 5 Problems that WealthOps Solves

Managing wealth as a tech professional often feels like navigating uncharted territory.

The challenges between equity compensation, tax planning, and building a scalable portfolio can seem insurmountable.

That’s where WealthOps, a structured process to manage your portfolio, steps in, transforming overwhelmed wealth builders into confident Portfolio CEOs.

It is difficult to be all we want to be at work most of the time, let alone have time to build our financial future. However, things become much more manageable when you have a process to support you.

Look at the issues below and see if you identify with any of them. Also, look at some of the research and data points. Do you agree or not? Hit reply and let me know!

Here are the top five problems WealthOps addresses and how it empowers tech professionals to build thriving portfolio businesses.

1. Lack of Goal-Driven Wealth Management

Problem: Many tech professionals manage their wealth reactively without a roadmap for long-term success.

You know the drill: get home late, eat food, try to be social, and look for a place to lie down. It is so hard to know where even to start!

Every decision you make, from divesting to reinvesting, aligns with these objectives. With this clarity, your portfolio becomes a tool for achieving your life's vision, not just a collection of assets.

Data: According to a study by Dominican University, people who wrote down their goals, shared them with others and maintained accountability for their goals were 33% more successful in achieving them than those who merely formulated goals. (LINK)

The data supports the effectiveness of goal-setting in wealth creation and management.

Solution: WealthOps introduces a top-down framework rooted in your most significant goals—financial independence and legacy building.

2. Overexposure to Risk from Concentrated Equity Compensation

Problem: Holding significant wealth in company stock exposes tech professionals to market volatility and unnecessary risk.

Do I even need to say this?

We all know that when the market is good, we have a great day, and when it is bad—well, enough said—this is a pain point for many.

Data: A study found that employees who hold more than 20% of their net worth in company stock face significant risk. 

Diversification can reduce this risk by up to 50% (LINK).

Additionally, research shows that a well-diversified portfolio can potentially increase returns by 15.09% compared to a strategy focused solely on a single goal like retirement.

Solution: WealthOps helps you strategically divest equity compensation in a tax-efficient manner.

By rebalancing and reinvesting into diversified, income-producing assets, you minimize risk and position your portfolio for sustainable growth.

3. Lack of Systems for Managing Wealth

Problem: Managing wealth without structure can be overwhelming, error-prone, and drain your time.

This is not talked about enough; this is a huge motivation stealer because people don’t know where to get started and how to learn the skill of wealth management. Just some simple templates and directions help to get started.

Data: A study by Vanguard found that implementing a systematic approach to wealth management, which they call "Advisor's Alpha," can potentially add about 3% in client net returns.

This systematic approach includes proper asset allocation, rebalancing, tax-efficient strategies, and behavioral coaching.

Furthermore, research from Charles Schwab shows that individuals with a written financial plan are more likely to stay on track with their financial goals, with 65% of those with a plan feeling financially stable compared to only 40% of those without a plan.

Solution: With WealthOps, you’ll implement a process that standardizes up to 80% of routine financial tasks. You also learn how to build out a team to take key tasks off your plate.

This frees you to focus on the high-impact 30% that drives real portfolio growth and income. Think of it as running your portfolio like a business, with efficiency and precision at every step.

4. Inefficient Tax Strategies

Problem: Poor tax planning chips away at your wealth, unrealizing significant savings.

I am shocked at how many people I speak with are dissatisfied with their tax professionals. This asset, which is hard to find and incredibly valuable, can save you hundreds of thousands of dollars.

Data: Research indicates that tax-efficient investing strategies can potentially save investors up to 2% in annual returns. (LINK)

Over time, this can significantly impact wealth accumulation. For instance, a study by Vanguard found that tax-efficient strategies could add up to 0.75% of additional return annually.

Solution: WealthOps integrates tax-efficient strategies throughout the framework. From divesting assets to optimizing investments, every move is designed to preserve more of your hard-earned money, helping you grow your portfolio faster and more effectively.

5. Lack of Financial Confidence and Education

Problem: Even the most skilled tech professionals can feel unprepared and overwhelmed when managing their wealth.

I get it; getting your head around a different discipline is hard. However, it is not as hard as much of your daily work.

Data: A National Financial Educators Council survey found that 28% of respondents reported that a lack of financial knowledge cost them over $10,000 in their lifetime. (LINK). This number can be much higher for tech employees earning hundreds of thousands.

Furthermore, research shows that individuals with a basic understanding of economic concepts are more confident, happier, and more likely to achieve their financial goals. (LINK)

Solution: WealthOps simplifies complex financial concepts into actionable, bite-sized steps. With hands-on tools, educational resources, and community support, you’ll build the confidence and mastery to manage your wealth like a seasoned pro.

The WealthOps Transformation

Before WealthOps:

• Overwhelmed and disorganized.

• Stuck in reactive, high-risk wealth management.

• Uncertain about how to make financial decisions.

After WealthOps:

• Strategic, proactive, and empowered.

• Operating with systems that simplify and optimize portfolio management.

• Confidently achieving long-term financial goals as the CEO of your portfolio.

At the WealthOps collective, we believe managing wealth should be as innovative and systematic as your work in tech.

Join us and turn your portfolio into a generational business that thrives for years to come.

You don’t have to go at it alone!

Managing Tech Millions is a Weekly Podcast that explores the process of building wealth through Tech Equity and managing the money that comes with it.

If you like the podcast, support us by leaving a review; please do that now! (LINK)

089 🎙️ Family Office Systems for Tech Professionals - WealthOps 101

Ever felt overwhelmed by managing wealth after a big windfall?

In this episode, we dive deep into the origins of WealthOps—a wealth management system designed specifically for tech professionals.

I share my journey from IPO to creating a blueprint for managing wealth as a business.

We’re talking about the challenges of sudden wealth, the emotional roller coaster after an IPO, and why treating your wealth like a business leads to lasting financial success.

With a focus on systems, tax efficiency, and generational wealth, WealthOps helps you transition from simply making money to managing it wisely. Check it out 👇️ 

WealthOps in Action: Starting the Year with Purpose and Precision

Welcome to WealthOps in Action!
This weekly series is your backstage pass to how I actively manage my multi-seven-figure portfolio as a generational business. I’ll share strategies and tactics I’m executing in real time each week. Think of it as a front-row seat to the wealth-building playbook I use for my family.

If you’re ready to dive deeper—into the dollars, cents, and the exact moves I’m making—apply to join the WealthOps Collective. That’s where I pull back the curtain entirely.

Now, let’s discuss the first step I take every year to start the new year: checking my compass.

Checking the Compass: Two Key Documents

Just like a sailor needs a compass to cross the ocean, I start the year by grounding myself with two pivotal documents:

1. Our Legacy Statement

2. Our Investment Thesis

These documents aren’t just theoretical ideas; they’re living, breathing guides that shape every financial decision I make. Here’s how I use them:

The Legacy Statement: Defining “Why”

My legacy statement is a three-page document crafted with my wife. It answers the why behind the wealth we’re building and how it serves our family today, tomorrow, and forever.

At the start of each year, we review it as a family. This isn’t just about reflection—it’s about alignment. We ask:

• What are our goals for today? (1–3 years)

• What are our goals for tomorrow? (3–5 years)

• What’s changed for our forever?

This process keeps our vision clear. For example, four years ago, my “today” goal was financial independence, which I achieved on April 26, 2022. (My FI Day! 🎉) Since then, we’ve recalibrated to focus on spending more time with our sons as they transition to manhood.

The Legacy Statement also outlines key performance goals for our portfolio, such as increasing our income and growth portfolios by 8–10% annually.

The Investment Thesis: The “How” Behind the Vision

If the legacy statement defines why we’re building, the investment thesis defines how. It’s the blueprint for asset allocation, risk management, and diversification.

Here’s how we use it:

1. Top-Down Review: Start with income and growth portfolios.

2. Assess Risk: Can we remove unnecessary risk or add diversification?

3. Earmark Changes: Decide which asset classes to downsize, expand, or explore based on our goals!

For example, this year, we’re planning to:

• Downsize our active real estate portfolio by selling at least one of five single-family homes.

• Close out one of our hard-money loan positions.

• Divest a portion of the remaining GitLab stock and shift it into new opportunities like industrial real estate and dividend stocks.

This deliberate planning ensures that every move aligns with our goals and the “big picture.”

Wrapping It Up: Focus on Architecture

In WealthOps, the first phase is architecture—laying the foundation.

This week, I challenge you to reflect on your own financial architecture:

• Do you have a legacy statement that defines your “why”?

• Does your investment thesis clarify your “how”?

If not, now’s the perfect time to start.

And if you need guidance, the WealthOps framework is here to help.

Stay tuned for next week’s article, where we’ll dive into planning—turning these reflections into actionable goals for the year ahead.

Let’s build wealth with clarity and purpose together.

If you have questions about anything I mentioned here or are curious, just hit reply. I answer all emails.

Disclaimer: This newsletter is for informational purposes only and does not constitute financial or career advice. Always consult with qualified professionals before making any decisions based on the information provided.