Diversifying a Concentrated Portfolio* After a distinguished 40-year career, it was time for John to leave his position as chief counsel for a major manufacturing company and enjoy retirement with his family. Like many senior executives, John’s portfolio contained a concentrated stock position. He wanted to restructure his portfolio to achieve greater diversification and develop an estate plan to help ensure that his children and grandchildren are provided for in the future. Fifth Third Private Bank worked with him to diversify his low-basis stock while minimizing tax exposure.1 Together they also created an estate plan, which will provide generously for his wife in her lifetime, while protecting his legacy for future generations. simplify *The circumstances surrounding this case study are representative of actual clients of Fifth Third Bank Investment Advisors. To ensure the privacy of our clients, the names and some of the facts have been changed. Recommendations and results may vary with each client based on their current financial picture and goals. There are no guarantees that any strategy described in this publication will perform as expected. Investment results cannot be predicted or forecasted and will vary depending on market conditions.
2016_PrivateBank_CoreBrochure
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