Our Client Service Model: Tailored for Biotech Executives

A Personalized, High-Touch Approach to Your Financial Success
Our service model is designed specifically for biotech executives, reflecting the unique challenges, opportunities, and limited bandwidth you face. Whether you’re navigating equity compensation, planning for retirement, or managing career transitions, we provide a structured yet flexible process to simplify your financial life and help you work toward your goals.

Financial Planning

Year 1 - Flat Fee of $4500 - $25,000, depending on Scope of Engagement

Year 2+ - Reevaluation Based Upon Relationship

Fully customized written roadmap to your financial life based on a full assessment of your financial situation and goals.

A Financial Plan can help you with:

Cash Flow Strategies
Reduction of Taxes
Legacy Planning / Wealth
Transfer
Estate Planning Solutions
Early Retirement / Saving for
Retirement
Risk Management
Ownership & Beneficiary
Strategies for Tax Planning

Each plan includes specific action
items to help you achieve those
goals. This is not a product or
investment. While developing your
plan, we usually consult with your
other advisors (CPA, Attorney,
etc.).

Additional Benefits:

Proactive Review Schedule
Annual Plan Progress Report

Fee-Based Investments

Transparent annual management charge is based on the amount of assets, not on fund selection or number of trades

Utilizing diverse asset allocation strategies, customized portfolio design based on investment goals, saving patterns and risk tolerance.

Diversification* across multiple asset classes, potentially reducing overall portfolio risk.
Flexibility to move between fund families & managers without sales loads or other charges.

Quarterly, Semi-Annual or Annual Reviews
24-hour access to
online accounts showing
detailed account
holdings, activity and
performance
Asset management is available
for a wide range of account
sizes

*There is no guarantee a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not assure a profit or protect against market risk.

Product-Based

Commission related to individual transaction or product sold. Varies by product.

Product recommendation based on client desire and gap analysis.

Insurance
- Life Insurance
- Long Term Care Insurance
- Disability Income Insurance

Other Products
- Variable & Fixed Annuities
- State Specific 529 Plans
- Individual & Business Retirement Plans

Biotech Employee Benefits & Planning
Biotech Executive Compensation Planning

The Process Outline:

1. Discovery & Alignment

Understand Your Goals
We begin with an in-depth consultation to understand your financial goals, career trajectory, and family priorities. Key areas of focus include:

Retirement planning and legacy goals.
Tax challenges related to high income and equity events.
Equity compensation structures, such as RSUs, ISOs, and ESPPs.

Tailored to Biotech Executives
Our discovery process integrates your unique career considerations, such as navigating IPOs, acquisitions, or transitioning to new leadership roles.

2. Comprehensive Financial Planning

Build Your Customized Plan
We analyze your financial situation holistically to create a personalized plan. This includes:

Crafting a roadmap to address your retirement and legacy objectives.
Developing tax-efficient approaches for stock sales, bonuses, and other income streams.
Strategies designed to optimize equity compensation while managing associated risks.

Collaboration with Your Advisors
We coordinate with your broader financial team—including accountants, attorneys, and estate planners—to provide an integrated approach tailored to your needs. If you don't have current relationships, we're happy to refer you to trusted contacts.

3. Investment Management Rooted in Your Plan

Aligning Investments with Your Goals
Your financial plan drives our investment strategy. We:

Diversify your portfolio to help manage risk, particularly from concentrated equity positions.
Align your investments with your short-term and long-term objectives.

Proactive Adjustments
As markets change and your career evolves, we regularly refine your investment strategy to help keep it aligned with your goals. *Please note that all investments carry risks, including potential loss of principal.

4. Ongoing Guidance and Proactive Support

Regular Check-Ins
We schedule regular updates to review your progress, address new opportunities, and adjust your strategy as needed. Expect clear communication and actionable advice every step of the way.

Accessible Expertise
Have a question or need advice? We’re just a call or email away. Our commitment is to provide clarity and confidence whenever you need it.

What Makes Us Different?

Biotech Expertise
We understand the complexities of equity compensation, volatile income streams, and high-stakes decisions faced by biotech executives.

Comprehensive Integration
Our financial planning and wealth management services are intertwined, ensuring every decision aligns with your overall strategy.

Personalized Attention
We limit the number of clients we serve to provide a boutique experience focused on your unique needs.

Who is a Good Fit?

We specialize in helping biotech executives who share the following values because it allows us to deliver the highest level of service and results:

Long Term Vision: by focusing on strategic, long-term approaches to financial planning and investment management, we help you navigate life’s complexities and make decisions that build lasting wealth for you and your family.
Commitment to Growth and Engagement: regular communication is a core tenant of ours. We’re here to ensure your financial plan adapts to your evolving needs, giving you more peace of mind at every stage of life
$250k+ in Investable Assets: significant assets require sophisticated strategies. Our tailored solutions are designed to help you grow, preserve, and protect your wealth with the care it deserves
Willingness to Delegate: you have enough on your plate already. By entrusting us with the day-to-day decisions of wealth management, you free up your time and energy to focus on what matters most to you, while knowing your financial future is in expert hands
Interest in Comprehensive Wealth Management: our financial planning and wealth management services are intertwined. From crafting a financial plan that aligns with your goals to managing your investments with precision, we ensure every decision aligns with your overall strategy

If this sounds like you, we’d love to chat and see if we’d be a good fit to help you achieve your financial goals faster and with greater confidence.

Ready to Get Started?

Let’s build a partnership that simplifies your financial life and positions you for long-term success. Schedule a Consultation to learn more about how we can help.

Schedule a Call

What You Can Gain:

As a financial planning team with 20 years of combined experience focusing on the distinctive needs of executives in the biotech and life sciences industries, we’re keenly aware of the intricacies that define your financial landscape. This experience has led us to learn how to help people like you retire with confidence and make your money last, identify potential tax-saving strategies, and leave a meaningful legacy.

Engaging with a financial planner who understands these nuances as it relates to the biotech industry can help lead to several tailored outcomes, including:

Industry-Specific Financial Strategies: Personalized approaches in investments, risk management, and tax planning aligned with biotech and pharma sectors.
Optimized Compensation Planning: Assistance in maximizing executive compensation packages, including stock options, bonuses, and industry-specific benefits, navigating blackout periods, etc. for informed financial decisions with the goal of more optimized tax situations and minimized liabilities.
Comprehensive Risk Management: Focused attention on helping manage industry-specific risks, from clinical trial outcomes to regulatory shifts and market volatility.
Retirement and Legacy Planning: Personalized retirement planning guidance, accounting for early retirement, longevity, irregular income streams, estate planning, and wealth transfer strategies.
Education and Industry Insights: Access to educational resources and insights related to your industry's financial intricacies, empowering more informed decision-making.
Networking and Collaboration Opportunities: if appropriate, engage with a network of industry professionals, potential collaborators, or specialized experts in fields related to biotech and pharma, fostering collaborations and opportunities within the industry.
Holistic Family Financial Planning: Integration of all sects of financial planning, addressing the comprehensive needs of individuals in demanding executive roles, as well as their family’s needs, including education planning and philanthropic endeavors.
Proactive and Adaptive Financial Strategies: Our team continuously monitors industry trends, regulations, and market changes to help our clients adapt financial strategies proactively, ensuring alignment with evolving needs and industry dynamics

Talking with Other Teams?

Any time we sit down with potential clients, we encourage if they speak with other Financial Professionals to ask two questions:

"What is the scope of the engagement and how do you get compensated."

The term "Financial Advisor" or "Financial Planner" is very loosely used by many professionals.

Typically, there are 3 distinct capacities in which you can engage with a Financial Professional, and they can overlap. Our team is licensed to act in all of these capacities.

Chat with the Team

For more information about our firm and the services we offer, send us a quick email or scheudle a meeting. We would welcome the opportunity to speak with you.

nnagengast@baystatefinancial.com

(617)-239-8070

https://calendly.com/nicknagengast/30minchat

*Securities, investment advisory and financial planning services offered through qualified registered representatives of MML Investors Services, LLC, Member SIPC. This material is for informational purposes only and does not constitute personalized financial advice. Results will vary based on individual circumstances. Past performance is not indicative of future results. All investments carry risks, including potential loss of principal.

How We Can Help