Leading with Purpose: Executive Wealth and Retirement Planning

In this episode, we explore the unique financial considerations executives face throughout their careers — especially as they prepare for retirement. From negotiating compensation packages to managing concentrated stock positions and navigating major transitions, the path can be complex.Guests Christian Klaas, CPA, and Matt Hochstetler, estate planning attorney, share their deep experience working with high-level executives and explain how planning early — and revisiting your plan often—can help preserve wealth, reduce tax exposure, and align financial decisions with long-term goals. Whether you're in the C-suite or advising someone who is, this episode offers actionable insights to help turn executive complexity into clarity.In This Episode, You Will Learn:(04:12) Negotiating Compensation in Executive Roles(10:50) Managing Concentrated Stock and Deferred Income(14:40) Structuring Financial Plans to Reflect Your Goals(18:02) What to Do When Retirement is on the Horizon(24:40) Finding Purpose After the C-SuiteWant to continue the conversation?More on Northern Trust’s Secrets of Enterprising FamiliesMore on Matthew HochstetlerMore on Christian KlaasReach out to your Northern Trust advisor Remember to subscribe to Secrets of Enterprising Families to stay connected as we dive deeper into the strategies that empower families to manage wealth across generations. Don’t miss our next episode, where we’ll turn our focus to one of the most difficult transitions families face: the loss of a loved one. We’ll share practical steps to help ease the process—and stories that remind us what truly matters in times of grief.© 2025 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, IL 60603. Incorporated with limited liability in the U.S. Member FDIC. This information is not intended to be and should not be treated as legal, investment, accounting or tax advice and is for informational purposes only. Readers, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal, accounting or tax advice from their own counsel. All information discussed herein is current only as of the date appearing in this material and is subject to change at any time without notice. The information contained herein, including any information regarding specific investment products or strategies, is provided for informational and/or illustrative purposes only, and is not intended to be and should not be construed as an offer, solicitation or recommendation with respect to any investment transaction, product or strategy. Past performance is no guarantee of future results. All material has been obtained from sources believed to be reliable, but its accuracy, completeness and interpretation cannot be guaranteed. This information does not constitute and should not be understood as a recommendation with respect to the rollover, transfer or distribution of assets from an existing retirement plan or IRA account of any kind, including, without limitation, whether, in what amount, in what form, and to what destination such a rollover, transfer, or distribution should be made. The views and opinions expressed by the interview subjects in this publication are solely theirs and do not necessarily reflect the views or opinions of Northern Trust Corporation or its affiliates. Northern Trust takes no position with respect to such views and opinions in distributing this publication.