Austin Krewson, CFP®, BFA, Financial Advisor at Wealth Enhancement, was featured by Kiplinger in the article, “Conflicted About Selling Concentrated Company Stock? 5 Strategies to Help You Unwind Slowly”
“There’s no set rule of thumb for how much of your portfolio your company stock should make up. I generally prefer people to keep their single stock concentration to less than 40% of their portfolio, but many advisers take an even more conservative approach, recommending closer to 10% or 20%. The younger you are, the higher percentage of your portfolio it can make up.”
Access the full article here: https://www.kiplinger.com/investing/stocks/concentrated-company-stock-strategies
