Financial Planning for Oil and Gas Professionals

Avidian Wealth Solutions understands the value of viewing your finances from a holistic perspective which is why we offer a tailored approach to your financial plan that includes:

• Estate planning
• Tax planning for high net worth individuals
• Risk management
• Fiduciary investment management
• Retirement planning
• Charitable giving strategies

Whether we are considering the various elements of estate planning or creating an investment strategy that takes into account financial risk management solutions, we consider your bigger financial picture in all that we do. By approaching your finances from this highly inclusive perspective, our specialized, multi-disciplinary team is able to create a customized wealth management plan that compliments each aspect of where you are financially versus where you want to be.

Energy companies are known in part for their competitive employee benefits package that typically includes pension plans, 401(k) matching, company stock options, health savings account (HSAs), or if you work for ExxonMobil, the ExxonMobil savings plan. While these benefits can contribute greatly to your overarching financial plan, it can be difficult to ensure that you’re maximizing each to its fullest potential. When you partner with us, we will help you review your benefits package, understand how they may affect your taxes, and weigh the pros and cons of each option to help you feel confident that you’re getting the most out of all that’s available to you from your energy company.

In a volatile industry such as oil and gas, it’s even more important to have a retirement plan in place that prepares for these highs and lows to secure a seamless transition into retirement. As part of our financial planning for retirement, we offer you actionable insights into how you can better utilize your employer-offered retirement plans, plan for and diversify your retirement income, and implement an efficient and effective tax strategy.

Although you can’t avoid paying taxes, you can create a financial plan that aims to minimize your tax burden while preserving your hard-earned wealth. Together with your existing team of advisors, we work to create a tax strategy that includes tax return reviews, managing short- and long-term investments, creating a tax-efficient investment portfolio, and strategizing your tax-efficient retirement accounts — all with the goal of helping you save the most of your hard-earned dollars.