CLIENT STORY

Education Planning

Wealth Strategy

woman tutors young student

The Situation:

Michelle is a successful attorney and partner at her law firm. She is looking for more even cash flow to keep up with her twins’ tuition bills, along with other personal expenses she recently has incurred.

With so much of her compensation dependent on the timing of personal injury awards, as well as annual bonuses and partnership distributions, it’s difficult to manage her day-to-day obligations. Most of her wealth is tied up in her practice and in a concentrated equity position she inherited. Michelle asked her PNC Wealth Strategist for advice.

The Solution:

Michelle’s PNC Wealth Strategist and Investment Advisor recommended that she consider reducing her concentrated position or consider hedging her equity position with an equity derivative to help lower her risk of having so much of her investment portfolio in a single stock.

Finally, Michelle worked with her advisors to build a long-term, comprehensive financial plan. It became her roadmap over the twins’ high school and college years, and well into enjoying her retirement with her husband.

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Important Legal Disclosures & Information

This story represents a hypothetical scenario and is intended for illustrative purposes; the person described is fictional and not an actual client, but the scenario is intended to reflect a typical and/or previously experienced situation. Actual client experiences and outcomes may vary and future performance or success is not guaranteed.

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