VEIP Investment Review
The value of Accenture’s VEIP program is totally dependent on the stock price. Is it still worth the investment?
Accenture
Some upside to $ACN’s downside
Fishbowl is blowing up with MDs who are unhappy with the performance of Accenture’s share price over the last six months. The feeling of lower compensation is real and many are not happy about it. Rightfully so, the share price is down 35% since it peaked at the beginning of the year. Even more painful, […]
Adventure Wealth Gives Back
We all invest in what matters to us: our family, education, financial independence, or whatever drives our unique passions. At Adventure Wealth, we find it important to invest in those driving positive change. It’s why we are proud to be a member of 1% for the Planet. While it’s part of our mission to increase […]
About that MD tax bill
If you’re a managing director at Accenture, you probably sent in a large payment for your federal taxes ahead of yesterday’s deadline. If you’ve been an MD for a few years, you might have expected it, but I’d venture to guess new MDs were quite surprised. In fact, if 2021 was the year you received […]
The Downside of Equity-Based Compensation
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! […]
Accenture: Work Hard, Play Hard
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 […]
Never Sell ACN for a Loss
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 […]
Why Your Accenture MD Tax Bill is So High
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 […]
Your Secret is Safe with Me
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 Accelerated Performance Equity Awards
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 […]