An online resource on stock compensation–myStockOptions–has launched a new level of membership, specifically for financial planners, wealth advisors, and CPAs. myStockOptions Pro (MSO Pro allows users to track and model stock grants for multiple clients. Advisors can also communicate with clients, using customized PDF reports and an online portal where advisors can let selected clients view their grant records and use basic calculators and modeling tools.
MSO Pro Members start by entering their clients’ grant information into the myRecords portfolio-tracker. Once the stock grant data is entered, they can switch between 5, 10, 25, or more clients when using the calculators and modeling tools, which let advisors crunch numbers and run projections. Results graphically show a range of data, including net gains, exercise costs, and taxes. Advisors can then compare net gains at different stock prices and tax rates, and print PDF reports.