Over the decades, many companies have switched at least part of their executive compensation to equity-based through the use of Restricted Share Units (RSUs). You aren’t guaranteed income like you are through a salary, but it gives you a chance to build wealth even faster – if the stock price is going up, of course! […]
It was the mantra of Accenture when I started in 2004. A carryover from the Andersen days described the culture of Accenture: we work hard, but we play hard. It was taught from the beginning when long days spent at Analyst training at the Q Center were topped off by even longer nights at Cadillac […]
While I made a bold statement in the headline, “Never sell ACN for a loss,” the reality is there are lots of caveats and explanations that make this blanket statement valid (or invalid). Accenture (ACN) has made an incredible run in the last decade, averaging a remarkable 17% annualized compound return and currently at a […]
If you’re an Accenture Managing Director, you pay a lot in taxes. You make a lot of money, but it quickly gets eaten away when your effective tax rate can jump over 40% with state and federal taxes combined. However, it can sting even more when you’re paying taxes all year, and then when you […]
You’re here because you’re either an Accenture Managing Director, an aspiring Accenture MD, or just an Accenture fan like myself! I previously recorded a webinar, “Accenture Managing Director Road to Retirement,” to help MDs retiring in the next ten years optimize their financial independence approach. Thankfully, many people found this helpful. I mostly found it […]
You’re good at what you do – like really, really good. You’ve moved up the ranks at Accenture, and your compensation makes it worth staying. It’s almost like Accenture designed your compensation to keep you coming back… with the new MD grant, equity performance grants, and VEIP RSU vests ranging from one to five years. […]
Accenture offers accelerated performance equity awards for Managing Directors starting at age 50, which shows they know how challenging the role is to sustain. I’ve only worked with a handful of MDs who’ve stayed into their 60s as burnout becomes almost inevitable. The key is to maximize your Accenture MD compensation so you can reach […]
If you’ve been with Accenture for a while, there’s a good chance you have stock that’s significantly increased in value. I still remember my early ESPP purchases with Accenture when I purchased for around $20/share! Additionally, Managing Directors have many opportunities to accumulate stock with the VEIP, new MD grant, and equity awards. You need […]
President Biden ran a platform to raise taxes on the rich. That time has come, and you might be surprised to know you’re the target. The changes currently discussed are to increase taxes on incomes over $400,000, although it’s not even clear yet if that differs between single filers and married filing jointly. The tax […]
My wife and I are going to be old parents. We didn’t purposefully wait until our late-30s to have kids, but instead, we got lucky. We got lucky because, after many tests, our doctors told us we probably wouldn’t be able to have kids. Now we’ve joined the complex world of child-rearing, and I’m wondering […]