NUA and employer stock
Evaluate whether net unrealized appreciation may be appropriate for highly appreciated company stock held inside a workplace retirement plan.
Review NUA considerationsWest Hartford financial advisor
Clear financial guidance for the life you are building.
Todd A. Rosen, CRPC®, AWMA®, CAIA®, has lived in West Hartford for 19 years and brings more than 25 years of industry experience to retirement planning, NUA and employer stock, estate planning coordination, and investments beyond the 401(k).
Serving clients locally and across the country where properly registered.
Financial planning in West Hartford and beyond
Help for the decisions that shape your financial life.
Todd works with professionals, families, business owners, pre-retirees, and retirees. Advice begins with your goals, resources, time horizon, and tolerance for risk.
Retirement planning
Coordinate retirement income, Social Security, investment risk, workplace benefits, and the transition from saving to spending.
Wealth beyond the 401(k)
Build a broader investment strategy across taxable accounts, IRAs, Roth accounts, and other resources available to you.
Collaborative investing
Bring the stocks, funds, market themes, or strategies you are considering. Todd helps evaluate their potential role, risks, and tradeoffs, then, when appropriate, incorporates them into a diversified portfolio aligned with your risk tolerance, investment objectives, and time horizon.
Estate planning coordination
Connect beneficiary designations, account titling, charitable goals, and legacy priorities with your broader financial plan while coordinating with your estate-planning attorney and tax professional. Todd does not provide legal or tax advice.
A complex retirement decision
NUA
Company stock inside your 401(k) may deserve a closer look before you roll it over.
Net unrealized appreciation, or NUA, is a tax treatment that may be available for appreciated employer securities distributed in kind from a qualified workplace retirement plan when specific requirements are met. Rolling the shares into an IRA generally makes NUA treatment unavailable for those shares.
An evaluation should compare NUA with available alternatives, including an IRA rollover or diversifying the position. Relevant considerations include current and future tax consequences, distribution timing, liquidity, concentration and market risk, retirement-income needs, estate goals, and the rest of the portfolio. Todd works with clients and their tax professionals to evaluate these factors.
Eligibility and distribution requirementsCost basis and current taxesCapital-gains treatment and holding periodConcentration, liquidity, and market risk
This information is general and is not individualized investment, tax, or legal advice. NUA rules are complex, tax laws may change, and outcomes depend on each investor's facts and circumstances. Using NUA can create current tax obligations and continued exposure to investment loss. NUA is not appropriate for every investor. LPL Financial and its advisors do not provide tax or legal advice. Consult a qualified tax professional before taking action.
A clear, personal process
Advice should make complex decisions easier to understand.
Todd combines advanced retirement and investment training with direct, plain-language conversations. Your plan can adapt as markets, tax laws, work, family, and priorities change.
Understand
Start with your complete financial picture, priorities, concerns, and definitions of success.
Evaluate
Compare the available paths, tradeoffs, risks, and planning opportunities before taking action.
Coordinate
Implement an agreed strategy and revisit it as your circumstances and the environment evolve.
Advanced professional training
Perspective across retirement, wealth management, and alternative investments.
Todd's professional designations reflect focused study in areas that support his work with clients. Designations do not guarantee investment results.
CRPC®Chartered Retirement Planning Counselor
AWMA®Accredited Wealth Management Advisor
CAIA®Chartered Alternative Investment AnalystClient perspectives
What clients have shared about working with Todd.
“Never have I dealt with anyone so prompt to return calls, to advise about possible situations, and literally feel like you’re talking with one of the family.”
“He’s exceptionally knowledgeable, responsive to our questions, and wonderfully friendly. We are grateful for Todd’s thoroughness and experience.”
“He is very responsive, committed to service quality, and so easy doing business with at LPL. He truly understands my retirement needs.”
These statements are testimonials by clients of the financial professional as of August 1, 2023. The clients were not paid or provided other compensation, material incentives, or benefits for their testimonials. Excerpts have been edited for length and punctuation. Testimonials may not be representative of the experience of other clients and are not a guarantee of future performance or success.
Common questions
Direct answers to help you begin.
Who does Todd Rosen serve in West Hartford and beyond?
Todd works with professionals, business owners, families, pre-retirees, and retirees. He serves clients in West Hartford and across the country where he is properly registered.
What is net unrealized appreciation, or NUA?
NUA is a tax treatment that may apply to appreciated employer securities distributed in kind from a qualified workplace retirement plan when specific requirements are met. The cost basis is generally taxed as ordinary income in the year of distribution, while eligible appreciation may qualify for long-term capital-gains treatment when the shares are sold. The strategy can create a current tax liability and continued concentration and market risk. NUA is complex and is not appropriate for everyone. Consult a qualified tax professional before acting.
Can Todd help build investments outside a 401(k)?
Yes. Todd helps clients coordinate workplace retirement savings with taxable brokerage accounts, IRAs, Roth accounts, and other investments based on their goals, time horizon, liquidity needs, and risk tolerance.
Can I bring Todd investment ideas I want to explore?
Yes. Many clients come to Todd with individual stocks, funds, market themes, or investment strategies they want to understand. He helps evaluate the potential role, risks, tradeoffs, and portfolio fit, then works with the client to determine whether and how an idea may be incorporated into a diversified strategy aligned with the client's risk tolerance, investment objectives, and time horizon. Not every investment or strategy is appropriate for every investor.
How does estate planning fit into Todd's work?
Todd helps clients connect their financial plan with beneficiary designations, account titling, charitable goals, and other estate and legacy priorities. He can coordinate with a client's estate-planning attorney and tax professional but does not provide legal or tax advice.
Does Todd only work with clients in Connecticut?
No. Todd is based in West Hartford, Connecticut, and works with clients in many states. Securities and advisory services are available only where Todd is properly registered or licensed.
ResearchLPL Research
Current thinking on markets and the economy.
Read timely market commentary and watch market updates from LPL Research. Links open LPL Financial channels, where the complete content and its disclosures are maintained.
LPL Research · 01
Markets, the Path of Rates, and Chairman Warsh
LPL Research · 02U.S. Debt at $40 Trillion: Investment Implications
LPL Research · 03Gold’s Correction Gives Way to Renewed Momentum
Third-party content is provided for general information only. Todd Rosen and LPL Financial do not guarantee its accuracy or completeness. Views and forecasts are subject to change. Investing involves risk.
Rooted in West Hartford
Financial planning is personal because life is personal.
Todd has lived in West Hartford for 19 years with his wife and two children. He helps coach youth sports and stays active in the local lacrosse, basketball, and flag football communities. When he is not working or coaching, he enjoys getting outside with his family. That community-minded approach shapes how he works: listen carefully, explain clearly, and stay engaged.
Regulatory information
Important documents and background.
Review the relationship summary, advisor brochure supplement, and public registration records before beginning a relationship.
Current official documentLPL Financial Form CRSRelationship summary · PDF ↗Advisor brochure supplementTodd Rosen Form ADV Part 2BProvided copy dated November 14, 2024 · PDF ↗Public registration recordFINRA BrokerCheckCRD #4183799 ↗Investment adviser recordSEC Investment Adviser Public DisclosureView public record ↗
Bring your questions
Email or text me to schedule a phone call or Zoom “Ask Me Anything” session.
Ask about retirement planning, NUA, employer stock, investing beyond your 401(k), estate planning coordination, or another financial decision you are working through.
An introductory conversation does not create an advisory relationship.
More from Todd
Connect with Todd.
Financial planning perspectives, market context, and community updates.
Social-media content is for general informational purposes only and is not individualized investment advice.