Joey Fishman

Joey Fishman, an equity compensation expert at Ritholtz Wealth Management, delves into the dynamic world of equity-based compensation. He discusses how shifting from cash to equity can transform personal wealth and highlights the nuances of tax implications associated with this move. The conversation covers Qualified Small Business Stock, potential tax-free gains, and the importance of proper planning in navigating the ownership society. Fishman emphasizes how understanding these strategies can lead to significant financial opportunities and stability.

Joey Fishman, a Senior Advisor at Ritholtz Wealth Management, dives into the world of equity-based compensation, particularly in tech and VC-backed firms. He breaks down the complexities of stock options and the importance of understanding vesting schedules. Joey shares insights on the psychological challenges employees face when navigating their investments and warns against the dangers of having a concentrated net worth in one stock. He emphasizes the need for professional financial advice and effective diversification strategies.