Sitting on a sizable stock position? You know it’s time to diversify. But here’s the catch: Letting go of that stock might feel impossible. Whether it’s the emotional attachment to a family legacy stock, the incredible run of a tech giant, or the fear of missing future gains, concentrated positions can become a double-edged sword. There are strategic ways to manage concentrated stock positions while mitigating risk and still generating income. You don’t have to choose between your attachment to a stock and the desire for more security in your portfolio.
SteelPeak Wealth
Financial Services
Woodland Hills, CA 3,759 followers
Sophisticated Wealth Management Made Simple
About us
SteelPeak Wealth is an independent wealth management firm that helps individuals and families achieve their financial aspirations. We build wealth for every life stage, transforming complexity into clarity using a disciplined, proprietary process with a proven track record of success serving as fiduciaries. SteelPeak Wealth takes a comprehensive long-term approach to meet immediate needs while taking a long view to wealth creation, retirement planning, college expenses, estate planning and all the other financial milestones life presents. With dexterity and enthusiasm, SteelPeak Wealth develops bespoke wealth management programs to transform financial dreams into financial plans within reach.
- Website
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http://www.spwm.com
External link for SteelPeak Wealth
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Woodland Hills, CA
- Type
- Privately Held
- Founded
- 2012
- Specialties
- Wealth Management, Retirement, Disability, Insurance, Risk Management, Cash flow analysis, Charitable Giving, College Funding, Financial Planning, Trust and Estate Planning, Tax Planning, Portfolio Management, Independent Advisory, Investment Solutions, Investment Management, Alternative Investments, Cash Flow Strategies, Fixed Insurance Solutions, Tax Harvesting, and Independent Wealth Management
Locations
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Primary
21650 Oxnard Street
Suite 2300
Woodland Hills, CA 91367, US
Employees at SteelPeak Wealth
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Billy Yeh
Director of Estate & Insurance Consulting
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Elvia Henderson
Operations Manager at SteelPeak Wealth
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Kyle Ray
CERTIFIED FINANCIAL PLANNER™ (CFP®) looking to have a significant impact in helping clients pursue their goals.
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Sam Sosa, J.D.
Senior VP Wealth Advisor Steel Peak Wealth Management
Updates
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🙋♀️ 𝗔𝘀𝗸 𝗮𝗻 𝗔𝗱𝘃𝗶𝘀𝗼𝗿: 𝗜 𝗵𝗮𝘃𝗲 $𝟮𝟱𝟬,𝟬𝟬𝟬 𝗶𝗻 𝗮 𝗖𝗗 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗲𝘅𝗽𝗶𝗿𝗶𝗻𝗴 𝗻𝗲𝘅𝘁 𝗺𝗼𝗻𝘁𝗵. 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗺𝘆 𝗻𝗲𝘅𝘁 𝗺𝗼𝘃𝗲? 𝗦𝗵𝗼𝘂𝗹𝗱 𝗜 𝗯𝘂𝘆 𝘀𝘁𝗼𝗰𝗸𝘀? Jim Bray, CFP® When faced with the question of what to do with $250,000 after a CD expires, the answer isn’t as simple as jumping straight into the stock market. In fact, the best course of action depends on a variety of factors unique to each individual. First, it’s important to consider why the money was in a CD in the first place. Was it for the safety of a guaranteed return? Perhaps the funds were earmarked for a specific goal, such as buying a home. If so, and you're still planning on making that purchase, keeping the money liquid in a high-yield money market fund might be the best move, rather than exposing it to the volatility of the stock market. However, if your situation has changed—say, you were saving for a down payment but decided to keep renting—the conversation shifts. Moving from a secure investment like a CD to equities involves more risk, and it’s essential to understand that risk fully. This is where a comprehensive plan comes into play. Investing shouldn’t be about reacting to market trends or what you’ve heard from others. Instead, it should be driven by your long-term goals. For example, if your aim is to retire in 20 years with $3 million saved, that goal will shape how you should invest today. The first step is to assess your risk tolerance, discuss your goals, and consider all your financial assets, from 401(k)s to IRAs. Ultimately, every investment decision should be part of a larger, well-thought-out plan. The right move isn’t just about where to put your money next—it’s about understanding why you’re making that decision in the context of your broader financial goals. If you have a question you’d like to ask an advisor, drop it in the comments ⬇️ ### The team at SteelPeak is here to provide guidance about managing your money. Whether you are a DIY investor seeking some professional advice or are looking to hire a professional, we will provide you with unbiased information based on financial scenarios faced by millions of Americans. Simplying the complexities of wealth management is at the heart of what we do. We know there is a lot of confusing and potentially harmful advice floating around the Internet these days. So to address the financial scenarios that might unfold in your life, we go straight to the source: a financial advisor. At SteelPeak we call them wealth advisors and they are truly at the top of the advice profession. They serve as fiduciaries to clients, ensuring that they are always on the same side of the table. The stories and guidance that you read here are based on real scenarios, yet sometimes modified to protect anonymity.
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Last week our very own Rina Pineda, CPA, MST attended the American Institute of Certified Tax Planners event, earning her designation of Certified Tax Coach. During the conference, she explored various case studies that highlighted the best tax strategies and practices. Our core values of constant learning and education are on full display in our tax consulting practice.
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Want to invest smarter? Don't let taxes trip you up. Here’s the latest from our Director of Tax Consulting, Rina Pineda, CPA, MST.
Optimizing Taxes and Investing - SteelPeak Wealth
https://steelpeakwealth.com
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As we work with clients to help with investments, we will oftentimes look at their past tax filings and we see a pattern of mistakes when it comes to income taxes. To help you avoid a similar fate with your taxes, we thought we would share. Here are the top 7 tax mistakes that people commonly make – some are obvious, and some require a professional to help guide you through them. Rina Pineda, CPA, MST
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"As financial advisors it is our job to remind clients that 'time in the market' is more important than the political party of the U.S. president when it comes to investment returns."
What Matters Most: Time in the market, not the political party - SteelPeak Wealth
https://steelpeakwealth.com
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Welcome to SteelPeak, Christine Mueller Coley, CFP®, CDFA®! Two new advisors starting this week in two new markets. This is the home for growth-minded advisors.
SteelPeak expands to Billings with the addition of Christine Mueller Coley as wealth advisor
https://steelpeakwealth.com
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Welcome to the team, Mark Koellner, CFP®, CRPC®! SteelPeak is officially in Dallas.
SteelPeak expands to Dallas with the addition of Mark Koellner as wealth advisor
steelpeakwealth.com
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SteelPeak Tax Consulting is officially live. The level of strategic alignment between financial advisor and CPA we now offer is rare, something less than 5% of RIAs are able to provide clients. How much are you leaving on the table?
Tax Planning | Guidance on the Tax Implications of Your Financial Plan
steelpeakwealth.com
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Welcome aboard, Heidi Wilson, WMCP® CDFA®! We're thrilled to have you on the team.
SteelPeak expands to Albuquerque with the addition of Heidi Wilson as wealth advisor
https://steelpeakwealth.com