Secfi

?? Attention ServiceTitan Employees! With the rumored IPO on the horizon, now’s the time to plan strategically for your equity and financial future. Join our November 20th webinar to learn how to potentially: ? Maximize your equity’s value ? Minimize tax liability ? Position yourself for success ?? Register now to secure your spot: https://lnkd.in/eeXNzP-C ?? Send questions in advance to [email protected] #ServiceTitanIPO #IPOPlanning #Secfi

It’s official: ServiceTitan has filed for IPO! ?? It’s not too late (yet) for employees to exercise their options—and Secfi can help get you the funding you need to make it happen. For many, this IPO could mean a life-changing financial windfall. Secfi’s wealth team is here to help you navigate the next steps, helping you protect, manage, and grow the value of your hard-earned equity. Join our webinar today at 4 PM EST to learn more about how you can position yourself for success. ?? Register HERE: https://lnkd.in/eeXNzP-C

ServiceTitan filed their S-1 and indicated plans to IPO! For all current & former employees - Congratulations! ?? This is a major milestone that many companies never reach. I'm sure each of you have contributed in a variety of ways to help the company reach this point. For those of you who hold equity in the company, you're likely feeling a wide array of emotions. Excitement, anxiousness, confusion, & likely some stress… These are all natural emotions upon a significant financial milestone. While there will be many upcoming decisions to make, you don't have to make these all on your own. ?? One upcoming decision that many individuals will soon face is - should I change the tax withholding on my RSUs? ?? As a refresher, # of vested RSUs * IPO Price = Ordinary Income. One thing to be mindful of is the default federal withholding rate is 22% for RSUs. You may personally be in a higher tax bracket than 22%, especially when you factor the RSU income in ADDITION to your salary, commissions, & bonus. Not making any changes to your tax withholding, could result in a sizable tax balance. Some of which ?????? be due prior to actually filing your tax return. In addition, many current & former employees will likely be subject to a "lock-up" period where they are restricted from selling their shares for a period of time after the IPO. This typically ranges from 3-6 months following the IPO. Where this can become problematic is the timing of your tax balance being due may be BEFORE you're able to sell your shares. For example, should ServiceTitan IPO in December 2024 and you are subject to a six month lock-up period, you likely won't be able to sell shares until next June. The deadline for your tax balance being due is April 15th, 2025. So if there was a deficit on the withholding of your RSUs when they vested, you would need to find an alternative source of funds to cover your tax balance before you receive liquidity for your ServiceTitan shares. In my experience, individuals who have successfully navigated IPOs & had the strongest financial outcomes are those who created a thoughtful plan for their equity ahead of being on a tight deadline. We're hosting an educational webinar tomorrow at 1pm PST for ServiceTitan employees to help highlight additional year-end planning opportunities ahead an IPO. Hope to see you there! ??

Part II of our ServiceTitan IPO Guide is here! Swipe through to see what to expect if the IPO moves forward, then dive into the full article for deeper insights. ?? https://lnkd.in/ekqvcwA5 Stay tuned for Part III, where we’ll cover how you can execute your plan and post-IPO strategies to help you maximize your equity! ??

Missed last week’s newsletter? We’ve got an update on the ongoing Synapse bankruptcy. Read the full story to get up to speed on the latest developments! ?? Subscribe to get insights like this straight to your inbox: https://lnkd.in/ghADnu6y #FinTech #Synapse #FoundersandFunders

With the rumored ServiceTitan IPO on the horizon, now’s the time to make smart choices about your equity. ?? Check out our IPO Guide Part I to learn why early planning matters and see a case study on potential tax savings. In Parts II and III, we’ll discuss how the IPO process works, what to expect next, and how to execute your plan, so stay tuned! ?? Ready to explore your options? Read the guide ?? https://lnkd.in/eZixqtqG

Hey Flock Safety employees! ?? Are you considering ways to make the most of your equity? We’re here to support you with tailored planning around your stock options, liquidity goals, and potential tax benefits. If you’d like guidance, let’s connect!? Express your interest here ?? https://lnkd.in/ev22a2U6

ServiceTitan is rumored to IPO later this year. For employees, this could mean big gains ?? — and big taxes ??. We’re launching a ServiceTitan IPO Guide in the coming weeks to help employees and shareholders maximize their gains and minimize taxes. Here’s what’s coming: ?? Stock price analysis ?? Tax-saving strategies ?? Exclusive webinar for ServiceTitan employees Sign up now for early access to the guide and personalized insights on your equity. Discover how our products can help you maximize gains and potentially save on taxes. ?? https://lnkd.in/gAJfJDwF #IPO #EquityPlanning #StockOptions #TaxOptimization #ServiceTitan

?? Curious about what an acquisition could mean for your equity? Chris Arnold, CFP? breaks it down in this week’s newsletter—covering liquidation preferences, payout waterfalls, and more. Check out the full scoop below! ?? & don't forget to subscribe to get insights like this straight to your inbox: https://lnkd.in/ghADnu6y

Today, Daffy is taking a bold step to help unlock ?? the $2.2 trillion trapped in private stock for charity. Introducing the Daffy Private Stock Donation Program ?? Since 1996, the number of public companies has dropped by over 50% and companies are staying private longer. While this is a phenomenal economic achievement, it also has some unintended consequences: Employees paid with private stock can't access this wealth until a liquidity event. High-quality companies have responded to these changes by arranging tender offers and structured secondary sales to help their employees access some liquidity to pay off student loans or purchase a home—but what about #philanthropy? Well, very few donor-advised fund providers and even fewer charities can support private stock. The few #donoradvisedfund providers that can support private stock, primarily focus on the ultra-wealthy, with every transaction a one-off bespoke process that can take up to 12 weeks. Daffy’s Private Stock Donation Program is different. As an extension of our Daffy for Work platform, the Daffy Private Stock Donation Program supports workplace giving of private company stock. Now, employees can make charitable donations of private stock either ad-hoc or after liquidity events like tender offers—making charitable giving accessible to everyone, not just a few well-connected investors and executives. Not surprisingly, the next generation of companies are leading the way democratizing access to this incredible opportunity for their employees. We’re especially grateful to partner with @Figma, who recently launched this program for their employees ?? There are many reasons why every private company should implement a private stock donation program for their employees: 1?? Simplifies process & ensures fairness 2?? Complements tender offers, reduces the tax burden 3?? Enables full fair market value stock donations 4?? Offers tax savings for employees 5?? Retains talent by enabling employee generosity We have a unique opportunity to unlock billions for charity. Learn more about the Daffy Private Stock Donation Program on our blog ???https://lnkd.in/gfqU_7iF