Corporate Employees Gain Better Control of Wealth with Mobile Technology
Poster: SySAdmin
Posted on March 9, 2010 at 8:56:01 AM
Corporate Employees Gain Better Control of Wealth with Mobile Technology
New iPhone(R) application aims to help millions of corporate employees better understand company stock and stock compensation; real-time data and innovative analytical tools save time and increase control
MADISON, Conn., March 9 -- Spurstone Systems, LLC announced today the launch of MyStockComp(TM), the first mobile application designed specifically for assisting corporate employees and executives in managing their equity-based compensation. The application first goes live on the iPhone® platform and is available now for download in the App Store(SM).
According to the National Center for Employee Ownership, 25 to 30 million individuals hold stock in their employing firm. With such drastic increases in employee ownership (this number is thought to have been less than one million 40 years ago), confusion over the implications of such holdings has created vast amounts of lost wealth for many individuals.
According to Tim Golas, noted wealth management advisor and co-founder of MyStockComp, "Enormous amounts of wealth fall by the wayside every day simply due to the lack of access to quality tools and timely information. We're not just talking about the corner office executives but also the core employees, the ones that keep the lights on and who most brokers don't make the effort to talk to. We built MyStockComp to empower those individuals to take more control over their financial futures."
MyStockComp enables users to quickly and easily monitor all equity compensation and evaluate tax liabilities with the touch of a button. The application clearly displays portfolio valuations and position details in easy to understand charts and reports. MyStockComp is designed to alleviate stress and increase control by providing one convenient location to view valuations, potential taxes, and utilize analytical tools to evaluate risk and opportunity.
Real-time stock data supplies up to the minute information. An active alerts system works to prevent wealth loss by providing proactive warnings of coming position expiration or vestings which allows users to capture wealth opportunities without micromanaging their portfolio.
"Information is power," said Golas. "If the last twelve months have taught us anything, it is that the investor must take a more active role in their financial well-being. Nowhere is this more critical than with equity compensated individuals. MyStockComp will give them the information necessary to make informed, educated financial decisions."
For more information, including a 14 day free trial, visit the MyStockComp website at http://www.mystockcomp.com.
Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple, Inc. App Store is a service mark of Apple, Inc.
About Spurstone Systems, LLC
Headquartered in Madison, Connecticut Spurstone Systems, LLC strives to equip corporate executives with the tools, technologies and skills to become more active participants in understanding and managing their wealth.
Contact:
Ted de Groot
Media Relations
860.269.6201
info@mystockcomp.com
Source: Spurstone Systems, LLC
CONTACT: Ted de Groot, Media Relations, +1-860-269-6201,
info@mystockcomp.com
Web Site: http://www.mystockcomp.com/
New iPhone(R) application aims to help millions of corporate employees better understand company stock and stock compensation; real-time data and innovative analytical tools save time and increase control
MADISON, Conn., March 9 -- Spurstone Systems, LLC announced today the launch of MyStockComp(TM), the first mobile application designed specifically for assisting corporate employees and executives in managing their equity-based compensation. The application first goes live on the iPhone® platform and is available now for download in the App Store(SM).
According to the National Center for Employee Ownership, 25 to 30 million individuals hold stock in their employing firm. With such drastic increases in employee ownership (this number is thought to have been less than one million 40 years ago), confusion over the implications of such holdings has created vast amounts of lost wealth for many individuals.
According to Tim Golas, noted wealth management advisor and co-founder of MyStockComp, "Enormous amounts of wealth fall by the wayside every day simply due to the lack of access to quality tools and timely information. We're not just talking about the corner office executives but also the core employees, the ones that keep the lights on and who most brokers don't make the effort to talk to. We built MyStockComp to empower those individuals to take more control over their financial futures."
MyStockComp enables users to quickly and easily monitor all equity compensation and evaluate tax liabilities with the touch of a button. The application clearly displays portfolio valuations and position details in easy to understand charts and reports. MyStockComp is designed to alleviate stress and increase control by providing one convenient location to view valuations, potential taxes, and utilize analytical tools to evaluate risk and opportunity.
Real-time stock data supplies up to the minute information. An active alerts system works to prevent wealth loss by providing proactive warnings of coming position expiration or vestings which allows users to capture wealth opportunities without micromanaging their portfolio.
"Information is power," said Golas. "If the last twelve months have taught us anything, it is that the investor must take a more active role in their financial well-being. Nowhere is this more critical than with equity compensated individuals. MyStockComp will give them the information necessary to make informed, educated financial decisions."
For more information, including a 14 day free trial, visit the MyStockComp website at http://www.mystockcomp.com.
Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple, Inc. App Store is a service mark of Apple, Inc.
About Spurstone Systems, LLC
Headquartered in Madison, Connecticut Spurstone Systems, LLC strives to equip corporate executives with the tools, technologies and skills to become more active participants in understanding and managing their wealth.
Contact:
Ted de Groot
Media Relations
860.269.6201
info@mystockcomp.com
Source: Spurstone Systems, LLC
CONTACT: Ted de Groot, Media Relations, +1-860-269-6201,
info@mystockcomp.com
Web Site: http://www.mystockcomp.com/