Concentrated positions
Employer shares, RSUs, an inherited holding, or one winner that grew into most of your net worth. What to do about it, on a schedule rather than in a moment.
Book a 30-minute callWho this is for
- A single company carries a large share of your investable assets
- You hold RSUs or options and have never modelled what selling actually costs
- You inherited a holding you would never have bought and cannot bring yourself to sell
What is included
- 01Exposure measuredThe real weight of the position against everything else you own, including the part people forget: your salary usually depends on the same company.
- 02Concentration limitAn agreed ceiling, set while you are calm, so the decision is not being made during a price move.
- 03Sell-down scheduleA multi-year plan sequenced around vesting dates and tax years rather than around what the price did last week.
- 04Tax consequenceWhat each tranche costs to sell under Swiss rules, and how the sequence changes that. Coordinated with your tax adviser where it needs to be.
- 05Where the proceeds goDecided before the first sale, so the money does not sit in cash for two years while you think about it.
- 06Vesting calendarFuture grants mapped, so the position does not quietly rebuild while you are reducing it.
What this looks like in practice
Roughly forty percent of investable assets in employer stock built up through years of vesting, a salary from the same employer, and a reluctance to sell anything that had been rising.
We measured the true exposure including the salary dependency, agreed a ceiling, and built a sell-down schedule across vesting dates and tax years, with the destination for the proceeds settled in the same document.
A concentration level matching the stated risk appetite, reached on a written schedule that took the decision out of any single moment.
What it costs
Dimension10% of the gain
There is no separate charge for this piece of work. Nothing. The share of the gain is the whole of it.
The full scale, the minimum, a worked total including broker or platform costs, and our written policy on retrocessions all sit on one page.
See the fee scaleQuestions
What if the share keeps rising after I sell?
It might. A schedule is not a forecast; it is a way of acting on a decision you have already justified without needing to be right about timing. We say this before you start, not afterwards.
Can you tell me whether my employer is a good investment?
We can tell you what the concentration does to your risk, which is a different and far more answerable question. Anyone confidently valuing your employer in a first meeting deserves suspicion.
My shares are restricted. Does that change things?
Substantially, and it is the first thing we establish. Blackout windows and vesting conditions shape the whole schedule.
Related work
- 02Portfolio reviewA second opinion on what you already hold: what it actually costs you, what it is really exposed to, and what you would not buy again today.
- 01Investment adviceWhat to buy, in what proportion, and when to leave it alone. We research and recommend; you place every trade yourself, from your own account.
- 06Tax-aware investingSwiss investors are taxed on wealth and on income, not usually on capital gains. Build a portfolio that ignores this and you hand over returns you never had to.