Growing up in a lower-middle-class family, Maxwell has a deep desire for financial stability and security. He's concerned about the risk of having too much of his wealth tied up in his employer's stock, which is more than $1 million. He needs help to diversify his investments in a tax-efficient way so he can build a legacy of generational wealth.
In this episode of What Should I Do With My Money?, listen in as Maxwell gets advice on investing for future generations from Evan, a Morgan Stanley Financial Advisor.
Visit our episode website for a deeper dive on topics covered in this episode like 529 Plans, tax-efficient investing and diversifying a concentrated position, or to find a Morgan Stanley Financial Advisor to fit your needs. Also find important disclosures here.
More insights to help you go further:
529 Plans: A Powerful Took to Save for Education
How Direct Indexing Can Offer Investors Potential Tax Savings and Flexibility
Tax-Loss Harvesting Can Work Year-Round for Investors—Here’s How
4 Tax-Smart Ways to Diversify Your Portfolio
Rational Investing in an Age of Uncertainty
Next Generation Gifting Considerations
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