Executives and high-growth employees in Melbourne often face a familiar problem: income arrives in bursts—vests, options exercises, cash bonuses—yet personal wealth remains noisy and undirected. The aim is to convert lumpy income into a predictable, compounding plan with less tax leakage and less concentration risk.
The core challenges
- Tax timing: Vests and exercises can create taxable events that catch people off-guard.
- Concentration risk: Too much wealth tied to your employer’s equity increases downside risk.
- Behavioural drift: Windfalls often sit in cash or get deployed reactively.
A practical framework
1) Build your decision map before the vest
- Document how you’ll treat RSUs/options at vest/exercise: sell, hold for a defined period, or staged exits.
- Align decisions with risk tolerance, liquidity needs and diversification rules.
- Keep records tight—dates, costs, vest schedules.
2) Diversification rules you can live with
- Set a hard ceiling for employer stock as a % of investable assets.
- Build a “default destination” for proceeds: a broad, low-cost portfolio aligned with your long-term plan.
- Rebalance to avoid creeping concentration.
3) Tax-aware cashflow
- Plan for tax withholding and instalments.
- Align sales with your personal cashflow calendar (PAYG instalments, school fees, mortgage, super contributions).
- Consider timing where the CGT treatment of eligible holdings may apply—always under current rules.
4) Bonus policy
Pre-commit percentages:
- X% to super (within current caps and rules)
- Y% to debt reduction where it improves after-tax position
- Z% to your core portfolio (not speculative side-bets)
5) Liquidity and buffers
- Maintain a defined cash buffer so investment decisions aren’t forced by near-term expenses.
- Separate “safety cash” from “opportunity cash”.
Example playbook (composite)
A tech executive with recurring RSU vests adopted a pre-agreed sell policy, channelled a fixed slice to super each year (within caps), and automated transfers to a core global portfolio. Over three years, employer-stock concentration dropped from 48% to 18%, with total portfolio volatility reduced and after-tax wealth tracking to plan.
The Obsidian difference
- Clear rules before the event, not after
- Structure over speculation
- Ongoing reviews to keep noise out and progress visible
If equity and bonuses are making your finances noisy, we can help you create a calm, compounding plan. Book a 15-minute Clarity Call.
General information only. Seek personal advice before acting.