February 13, 2018

ESS: Mini Case Study – Managing executive options and share plans

Executive Share Schemes Resources Unearthed

Executive Share Schemes can be extremely complex, but effective management by an experienced professional can help you make the most of this wealth creation opportunity.

For 30 years, John worked in executive roles with mining operations around the world for a major mining company. There were multiple issues of complex executive options and share plans in a range of structures, granted in a range of taxation1 jurisdictions.

Eventually, John found the management of accumulated property and superannuation in different locations simply bewildering.

With his wife, Anne, John approached Brett Cribb of Stratus Financial Group for much-needed assistance. As John explains:

“Stratus Financial Group’s liaison with a range of organisations to coordinate a response and plan for our complex salary packaging and employee share structures, meant we received personalised advice just when we needed it.

Brett understands the implications of complexity. He created planning strategies which aimed to create taxation1 efficiencies and make the most of our long-term wealth accumulation and retirement planning.

We were even able to implement structures to protect our downside.”

John was also offered a severance package and needed assistance with whether to accept.

“Brett identified further ways to optimise wealth creation and seek tax1 efficiencies on this package.”

The team at Stratus Financial Group works with multiple professionals to coordinate a comprehensive, tailored approach to client requirements. Our trusted networks enable us to provide referrals to locally based accountants and legal professionals who care and, importantly, have experience and current knowledge of the financial complexities typically experienced by executives in the mining and resources sectors.

“Brett worked with and coordinated the advisers we needed. They then worked together with the aim of improving our overall situation. For Anne and me, it was hassle-free.”

Stratus Financial Group works with clients worldwide using modern communications technologies where face-to-face meetings are not possible.

“Brett made our whole situation simple by regularly communicating with us and explaining and tracking our complex executive salary packaging structures.”

If you need help to make the most of your executive share scheme, please contact me today on +61 7 3007 2007 or bcribb@stratusfinancialgroup.com.au

[1] Stratus Financial Group are not licenced tax agents in any country and do not provide specific tax advice. Our services include providing annual tax reporting information on behalf of our clients. This means they are not stuck with the administrative grind of information provision in multiple jurisdictions and do not need to be aware of the tax implications of strategic decisions in a multitude of countries.

Resources Unearthed is a solutions hub that provides integrated financial, business and legal services for executives, professionals and business owners in the mining and resources sectors.

Stratus Financial Group and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. This information does not consider your personal circumstances and is of a general nature only. You should not act on it without first obtaining professional financial advice specific to your circumstances.


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