◈ Homepage — http://www.hermosawealth.com/(310) 870-8400 ABOUT US INVESTMENT MANAGEMENT FINANCIAL PLANNING WEALTH MANAGEMENT CONTACT Private Wealth Advice for Complex Lives Hermosa Wealth Management helps individuals, families, executives, retirees, and business owners navigate investment management, tax strategy, retirement planning, and long-term financial decisions with clarity and discipline. Serving clients nationwide from offices in Hermosa Beach, California and Carmel, Indiana. Schedule a Call What We Do Hermosa Wealth Management provides private wealth advisory services for affluent individuals, families, executives, retirees, and business owners with complex financial lives. We serve as your financial advisor, coordinating investment management, tax-aware planning, retirement income strategy, estate planning considerations, risk management, and outside professional relationships under one integrated plan. Our work extends well beyond portfolio management. We help clients organize complexity, eliminate unnecessary costs, and build long-term strategies aligned with what matters most to them, whether that is financial independence, a business exit, a family legacy, or all of the above. For eligible investors, we also provide access to alternative investments and private market strategies through institutional platforms. We believe wealth is a tool, not a destination. Our job is to help you use it wisely, for the people, opportunities, and causes that define your life. Wealth Management Investment Management Financial Planning Wealth Management Managing wealth well requires more than a good portfolio. It requires a plan that holds together across taxes, income, risk, and the decisions that define a complex financial life. Hermosa coordinates across all of it. Investment strategy, retirement income planning, tax coordination, and risk management are brought together in one integrated plan built around your goals and priorities. We also work closely with estate planning attorneys on foundational estate plans, estate tax planning strategies, legacy planning, and charitable giving structures including donor advised funds, charitable remainder trusts, and appreciated asset gifting. For families with significant wealth, getting the estate plan right is not a one-time event. It is an ongoing part of the relationship. Investment Management Investing well is less about chasing returns and more about building a portfolio that holds together over time, through market cycles, tax law changes, and the evolving needs of your financial plan. We construct and manage customized portfolios using low-cost public market investments, fixed income, and separately managed accounts. For qualified investors, we may also incorporate alternative investment strategies where appropriate. Every portfolio is built with an emphasis on cost awareness, tax efficiency, and long-term thinking. Financial Planning Financial planning is the foundation of everything we do at Hermosa. Before making any investment or wealth management recommendations, we build a comprehensive financial plan tailored to your specific goals, circumstances, and timeline. Your plan serves as the roadmap for your financial life, addressing retirement income strategy, cash flow planning, asset projections, tax considerations, estate planning coordination, and withdrawal strategies. It is a living document that evolves as your life does. Insights and Updates May 3, 2026 SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy Most SpaceX shareholders we speak with are focused on a version of the same question: What will this actually be worth on day one, and… January 10, 2026 Market Perspective: Themes from JPMorgan’s Guide to the Markets This post summarizes publicly available research from JPMorgan Asset Management’s Guide to the Markets and reflects Hermosa Wealth Management’s independent interpretation of that information, which… December 20, 2025 Giving Back: Supporting The Pink Pickleball Charity Event Hermosa Wealth Management was proud to sponsor the Pink Pickleball Charity Event for the second consecutive year. On December 20, 2025, Pink Pickleball and the… View All Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. SOCIAL MEDIA Facebook Instagram LinkedIn OUR SERVICES What We Do Wealth Management Financial Planning Investment Management CONTACT US Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 [email protected] Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. ◈ Interior Pages — 20 pages crawledIndependent Directors - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Meet the Hermosa Independent Directors Hermosa Wealth Management utilizes Independent Directors on its Corporate Board, with no material ties to the company beyond their board service. These Independent Directors are not employees of Hermosa Inc. nor do they provide investment advice to firm clients. The Independent Directors bring objective, external expertise to ensure what we believe are the highest standards of corporate governance and strategic oversight for the company. Book an Appointment Independent Directors Dr. Martin Butterick, MBA, EdD Read Bio Jeremy Lawson, MBA Read Bio Want to learn more? We are here to help. Book an Appointment Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Pre-IPO Equity Planning for Concentrated Stock Positions Most of the important decisions happen before liquidity, not after. We work with equity holders navigating how and when to sell, how to manage taxes across multiple years, and how to reduce concentration without walking away from long-term upside. Book an Appointment Who this is for This work tends to apply to individuals with meaningful equity in private companies, especially those approaching a potential liquidity event or managing a concentrated stock position. Many of the situations we work on involve professionals across the South Bay in aerospace and technology. What this typically involves Structuring when and how shares get sold over time Managing tax impact across multiple years (especially in California) Reducing concentration while maintaining long-term exposure Aligning liquidity decisions with real-life goals Timing Matters Most of the meaningful decisions tend to happen before liquidity. Once shares become tradable, timelines compress and options narrow. Having a plan in place ahead of time leads to more deliberate decisions. Schedule a Conversation If you’re sitting on a meaningful private company position and want a second set of eyes, we’re happy to connect. Book an Appointment find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Home - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Private Wealth Advice for Complex Lives Hermosa Wealth Management helps individuals, families, executives, retirees, and business owners navigate investment management, tax strategy, retirement planning, and long-term financial decisions with clarity and discipline. Serving clients nationwide from offices in Hermosa Beach, California and Carmel, Indiana. Schedule a Call What We Do Hermosa Wealth Management provides private wealth advisory services for affluent individuals, families, executives, retirees, and business owners with complex financial lives. We serve as your financial advisor, coordinating investment management, tax-aware planning, retirement income strategy, estate planning considerations, risk management, and outside professional relationships under one integrated plan. Our work extends well beyond portfolio management. We help clients organize complexity, eliminate unnecessary costs, and build long-term strategies aligned with what matters most to them, whether that is financial independence, a business exit, a family legacy, or all of the above. For eligible investors, we also provide access to alternative investments and private market strategies through institutional platforms. We believe wealth is a tool, not a destination. Our job is to help you use it wisely, for the people, opportunities, and causes that define your life. Wealth Management Investment Management Financial Planning Wealth Management Managing wealth well requires more than a good portfolio. It requires a plan that holds together across taxes, income, risk, and the decisions that define a complex financial life. Hermosa coordinates across all of it. Investment strategy, retirement income planning, tax coordination, and risk management are brought together in one integrated plan built around your goals and priorities. We also work closely with estate planning attorneys on foundational estate plans, estate tax planning strategies, legacy planning, and charitable giving structures including donor advised funds, charitable remainder trusts, and appreciated asset gifting. For families with significant wealth, getting the estate plan right is not a one-time event. It is an ongoing part of the relationship. Investment Management Investing well is less about chasing returns and more about building a portfolio that holds together over time, through market cycles, tax law changes, and the evolving needs of your financial plan. We construct and manage customized portfolios using low-cost public market investments, fixed income, and separately managed accounts. For qualified investors, we may also incorporate alternative investment strategies where appropriate. Every portfolio is built with an emphasis on cost awareness, tax efficiency, and long-term thinking. Financial Planning Financial planning is the foundation of everything we do at Hermosa. Before making any investment or wealth management recommendations, we build a comprehensive financial plan tailored to your specific goals, circumstances, and timeline. Your plan serves as the roadmap for your financial life, addressing retirement income strategy, cash flow planning, asset projections, tax considerations, estate planning coordination, and withdrawal strategies. It is a living document that evolves as your life does. Insights and Updates SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy https://hermosawealth.com/wp-content/uploads/2026/05/pexels-spacex-586041-scaled.jpg 2560 1707 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g May 3, 2026 May 3, 2026 May 3, 2026 SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy Most SpaceX shareholders we speak with are focused on a version of the same question: What will this actually be worth on day one, and… Market Perspective: Themes from JPMorgan’s Guide to the Markets https://hermosawealth.com/wp-content/uploads/2026/01/pexels-lkloeppel-466685-scaled.jpg 2560 1589 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g January 10, 2026 January 10, 2026 January 10, 2026 Market Perspective: Themes from JPMorgan’s Guide to the Markets This post summarizes publicly available research from JPMorgan Asset Management’s Guide to the Markets and reflects Hermosa Wealth Management’s independent interpretation of that information, which… Giving Back: Supporting The Pink Pickleball Charity Event https://hermosawealth.com/wp-content/uploads/2025/12/Untitled-design-1.png 1200 800 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g December 20, 2025 January 10, 2026 December 20, 2025 Giving Back: Supporting The Pink Pickleball Charity Event Hermosa Wealth Management was proud to sponsor the Pink Pickleball Charity Event for the second consecutive year. On December 20, 2025, Pink Pickleball and the… View All Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Market Perspective: Themes from JPMorgan’s Guide to the Markets - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Market Perspective: Themes from JPMorgan’s Guide to the Markets webadmin January 10, 2026 No Comments Market Perspective: Themes from JPMorgan’s Guide to the Markets https://hermosawealth.com/wp-content/uploads/2026/01/pexels-lkloeppel-466685-scaled.jpg 2560 1589 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g January 10, 2026 January 10, 2026 This post summarizes publicly available research from JPMorgan Asset Management’s Guide to the Markets and reflects Hermosa Wealth Management’s independent interpretation of that information, which may differ from the views of JPMorgan Asset Management. Hermosa Wealth Management maintains no affiliation with JPMorgan Asset Management. Hermosa Wealth recently participated in a discussion with Jordan Jackson , Executive Director and Global Market Strategist on J.P. Morgan Asset Management’s Global Market Insights Strategy team, and other members of the JPMorgan Asset Management team to review the firm’s latest Guide to the Markets and discuss the current economic and market environment. The research describes a global environment moving away from post pandemic extremes toward a more normalized economic and financial backdrop. Rather than focusing on short term market movements, the material highlights broader structural forces likely to influence growth, inflation, labor conditions, and portfolio construction over the coming year. Economic and Policy Environment Economic activity slowed toward the end of 2025, influenced by trade frictions, government disruptions, and lower levels of immigration. The material suggests that growth could temporarily strengthen early in 2026 as consumer spending recovers, then moderate later in the year as fiscal support fades. Overall growth expectations remain moderate by historical standards. Inflation pressures appear mixed. Near term price increases may arise from delayed tariff effects and consumer spending, while longer term forces including slower wage growth, lower energy prices, and soft housing demand could temper inflation later in the year. Central bank policy remains data dependent. As inflation and growth normalize, monetary policy may gradually shift toward a more neutral stance. Labor and Earnings Employment growth slowed meaningfully in 2025, though unemployment may remain relatively stable due to a shrinking labor force associated with lower immigration. Wage growth softened, reflecting slower economic momentum, but structural labor shortages continue to influence compensation trends. Corporate earnings remained resilient despite moderate economic growth, supported by productivity gains, restrained labor costs, and certain tax provisions. Earnings growth remains sensitive to economic downturns and sector specific risks, particularly within highly concentrated areas of the market. Asset Class Considerations Valuation differences across markets remain significant. Large U.S. companies continue to trade at higher valuation multiples relative to smaller firms and international markets. Non U.S. equities, while recently stronger, continue to reflect lower relative valuations and may benefit from currency movements should the U.S. dollar weaken further. Fixed income markets appear more balanced than in recent years. Current yields reflect a more normalized interest rate environment, with limited indications for aggressive positioning either toward longer duration bonds or lower quality credit. Portfolio Considerations After several years of strong equity performance, many portfolios have grown larger, more concentrated, and potentially more exposed to market risk than originally intended. The material emphasizes the importance of reviewing allocations periodically and maintaining diversification across asset classes and regions. In an environment characterized by moderate growth, stabilizing inflation, and evolving valuation dynamics, disciplined portfolio construction and risk management remain central to long term outcomes. Hermosa Wealth monitors institutional research and market data to remain informed on evolving conditions and to support a consistent, long term approach to portfolio stewardship. Source: JPMorgan Asset Management — Guide to the Markets (publicly available material): https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/guide-to-the-markets/ Disclosure: This content appears for informational purposes only and should not receive interpretation as investment, tax, or legal advice. Individual circumstances vary, and the concepts discussed may not suit all investors. Consult your financial adviser, tax professional, or legal counsel before making any decisions. Readers who wish to explore these topics further may contact Hermosa Wealth Management for general information. Any advisory services require a formal client relationship. find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Meet the Team - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Meet the Hermosa Team Hermosa is a small, intentional firm. We do not have hundreds of advisors or a call center. What we have is a tight-knit team of experienced professionals who are deeply invested in the success of every client relationship. Schedule a Consultation Our Team Kenneth Gillespie, MBA Founder & Managing Partner Read Bio Nathan Flynn, MBA Wealth Management Advisor Read Bio Neetu Gillespie Head of Client Relations Read Bio Karla Gonzalez Client Relationship Specialist Read Bio Are you an experienced advisor interested in joining the Hermosa Wealth Management team? We want to hear from you. Partner With Us Partner With Us Please enable JavaScript in your browser to complete this form. Name * First Last Email * Phone Number * Current Affiliation (RIA or Broker Dealer) * By providing your contact information, you agree to receive communications from our recruiting team. SMS messaging may be used, and standard messaging rates apply. You can opt-out at any time by replying STOP to any message. * I agree Schedule Conversation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Corporation Information - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Corporation Information Hermosa Inc. dba Hermosa Wealth Management® is an independent and employee-owned private corporation incorporated under the laws of California. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Hermosa Wealth Management 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Contact Us find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Municipal Bond Investment Strategies - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Tax-Free Municipal Bond Portfolios & Laddered Strategies Strategic Income Solutions Backed by Deep Institutional Experience. At Hermosa Wealth Management, we bring Wall Street experience to Main Street portfolios—delivering customized, tax-free municipal bond strategies built on decades of capital markets experience. Founder and Financial Advisor Ken Gillespie draws on more than 18 years in Public Finance Investment Banking, Municipal Bond Portfolio Expertise, and Wealth Management to create personalized income portfolios for clients who value tax efficiency, stability, and institutional-grade guidance. Book an Appointment Why Municipal Bonds? Municipal bonds are more than just safe harbors—they are powerful tools for generating federally tax-exempt income, often free from state and local taxes as well. For high-net-worth individuals, retirees, trusts, and foundations, they can potentially provide: Reliable, tax-free income Strong credit profiles with a focus on investment-grade issuers Lower correlation to equities and other risk assets Expertise That Sets Us Apart Ken Gillespie brings a unique institutional background to Hermosa Wealth’s municipal bond portfolio strategy: Over 18 years of capital markets, wealth management, and corporate finance experience. Former Vice President of Municipal Markets at BofA Merrill Lynch, where he structured portfolios from $250K to $1B Over $16 billion in primary market issuance as a Lead or Co-Lead Banker Roles at investment banking firms including UBS, BofA Merrill Lynch and William Blair. Advised more than 1,100 financial advisors on muni opportunities, trading strategies, and portfolio construction This depth of experience informs every investment we make on your behalf. Customized Laddered Bond Strategies We design laddered bond portfolios tailored to your liquidity needs and interest rate outlook. This time-tested strategy helps clients: Maintain predictable income Mitigate reinvestment and interest rate risk Access maturing capital for flexibility and reallocation By staggering maturities and hand-selecting each bond, we ensure your portfolio remains both agile and resilient. Who Benefits from Our Approach? Our municipal bond portfolios are built for: High-income earners seeking to reduce tax burdens Retirees looking for stable, tax-advantaged income Trusts, estates, and nonprofits focused on capital preservation Investors seeking diversification from equities or taxable fixed income Fiduciary Commitment. Institutional Quality. Personalized Service. As a fiduciary, Hermosa acts in your best interest—not on commission or product incentives. Every portfolio is: Aligned with your unique goals and tax profile Transparent and built for long-term performance Crafted with the insights of a former municipal bond banker and municipal bond portfolio specialist Notable Transactions The municipal bond transactions listed below were completed by Kenneth Gillespie during his tenure as an agent of a registered broker-dealer, where he served as the lead banker on each transaction. While HWM is not a broker-dealer and does not act as an underwriter for new issue transactions, Ken’s extensive experience in this role provides valuable insight into the municipal bond market. His deep understanding of various municipal issuers, bond structures, call features, and credit considerations enhances HWM’s ability to evaluate and manage municipal bond investment portfolios effectively. This information is provided for illustrative purposes to show Mr. Gillespie’s experience in the municipal bond sector. $62,000,000 Escondido Union School District (San Diego County, California) Election of 2014 General Obligation Bonds, Series A William Blair & Company June 2015 Sole Manager Public Finance Investment Banking $15,100,000 Escondido Union School District (San Diego County, California) 2015 Refunding Certificates of Participation William Blair & Company June 2015 Sole Manager Public Finance Investment Banking $21,450,000 Community Facilities District No. 05-1 of the Corona-Norco Unified School District 2016 Special Tax Bonds William Blair & Company January 2016 Sole Manager Public Finance Investment Banking $19,445,000 Corona-Norco Unified School District Public Financing Authority Special Tax Revenue Bonds William Blair & Company January 2016 Private Placement Public Finance Investment Banking $18,075,000 Morongo Unified School District (San Bernardino County, California) General Obligation Refunding Bonds, Series 2018A Oppenheimer & Co. April 2018 Sole Manager Public Finance Investment Banking $6,435,000 Morongo Unified School District (San Bernardino County, California) General Obligation Refunding Bonds, Series 2018B Oppenheimer & Co. April 2018 Sole Manager Public Finance Investment Banking $22,280,000 Union Elementary School District (Santa Clara County, California) Election of 2014 General Obligation Bonds, Series A William Blair & Company January 2015 Sole Manager Public Finance Investment Banking $8,100,000 Union Elementary School District (Santa Clara County, California) Election of 2014 General Obligation Bonds, Series B William Blair & Company January 2015 Sole Manager Public Finance Investment Banking Discover how tax-free income can elevate your financial plan. Schedule your complimentary consultation today. Book an Appointment find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Financial Planning - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Financial Planning A comprehensive plan built around your life, not just your portfolio. Book a Consultation Our Service Financial planning is the foundation of everything we do at Hermosa. Before making any investment recommendation, we take the time to build a comprehensive plan tailored to your specific goals, circumstances, and timeline. Your plan serves as the roadmap for your financial life, addressing retirement income strategy, cash flow planning, asset projections, tax considerations, estate planning coordination, and withdrawal strategies. It is a living document that evolves as your life does, updated annually and whenever your circumstances change. We do not believe in generic plans built around standard assumptions. Every client we work with has a financial life that is genuinely different from the next, and the plan we build reflects that. Who We Serve Hermosa works with affluent individuals, families, executives, retirees, and business owners at different stages of their financial lives. While every situation is unique, our clients generally fall into one of three stages. Building and Growing Wealth Executives, founders, and high-earning professionals who are accumulating wealth and want to make sure they are doing it efficiently. Our focus at this stage is tax-aware investment strategy, equity compensation planning, retirement contribution optimization, estate planning fundamentals, and building a financial infrastructure that grows with you. Approaching Retirement Clients who are 5 to 15 years from retirement and want to make sure their plan is built to deliver. At this stage the conversation shifts from accumulation to transition; retirement income strategy, Social Security timing, asset allocation adjustments, healthcare cost planning, and ensuring the estate plan reflects your current wishes. In Retirement Retirement is not the finish line. It is the beginning of a new financial chapter that can last 30 years or more. For clients already in retirement, we focus on sustainable income distribution, tax-efficient withdrawal strategies, healthcare and long-term care planning, legacy and charitable giving coordination, and protecting what you have built from unnecessary risk or erosion. Let’s start with a conversation. Book a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. 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Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Entrepreneurs and Business Owners - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Maximize Your Wealth with Strategic Stock Option Planning Guidance for Entrepreneurs & Business Owners At Hermosa Wealth, we specialize in helping business owners, startup founders, and tech professionals make confident, informed decisions about their equity compensation including stock options, RSUs, and restricted stock. If you’re holding stock in your company or navigating a liquidity event, the choices you make around when and how to exercise your options can have a major impact on your long-term financial success and tax liability. Book an Appointment Whether you’re at a high-growth startup or leading your own venture, equity compensation can represent a significant portion of your net worth. But maximizing its value requires careful, personalized planning. We help clients understand: Which type of stock they hold (ISOs, NSOs, RSUs, or RSAs) When to exercise options to take advantage of favorable tax treatment How to manage Alternative Minimum Tax (AMT) exposure The pros and cons of exercising before an IPO or sale Your Tax Strategy = Your Wealth Strategy Equity compensation isn’t just about dollars on paper it’s about turning company growth into personal wealth . We work closely with you to help reach Personal goals Liquidity needs Business transition or exit plan A Partner Who Understands Entrepreneurship As a firm focused on business owners and entrepreneurs, we understand that your wealth picture goes beyond a W-2. We bring clarity to the complex mix of salary, equity, business ownership, and taxes — so you can build wealth with intention. Discover how the right strategy can elevate your financial plan. Schedule your complimentary consultation today. Book an Appointment find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Investment Management - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Investment Management Disciplined, tax-aware portfolio management built around your financial plan. Schedule a Consultation Our Investment Philosophy Investing well is less about chasing returns and more about building a portfolio that holds together over time, through market cycles, tax law changes, and the evolving needs of your financial plan. We construct and manage customized portfolios grounded in discipline, tax efficiency, cost awareness, and long-term thinking. Every portfolio is built around the specific goals, tax situation, time horizon, and risk tolerance of the individual client. We do not use a one-size-fits-all model. Open Architecture. Independent Thinking. Hermosa has access to a broad range of major national and regional exchanges through Schwab’s equity specialists. These specialists are available to help with the order of listed or over-the-counter stocks, large orders, and thinly traded issues, and they strive to obtain the best price. How We Build Your Portfolio Our portfolios are built around a disciplined framework and are never static. They are monitored continuously and adjusted in response to market conditions, tax law changes, and the evolving needs of your financial plan. Our process focuses on: Tax-efficient investing across all account types and asset classes. Risk-managed strategies tailored to each client’s goals and risk tolerance. Cost-conscious implementation that eliminates unnecessary fees and fund expenses. Deep due diligence across equity and fixed income sectors, duration, credit quality, and regional exposure. How We Invest Equities We build equity portfolios using a combination of low-cost index strategies, tax-managed separate accounts, and individual securities where appropriate, with a focus on tax efficiency and best execution across every position. Tax-Aware Separately Managed Accounts For clients with significant taxable assets, we offer access to institutional third-party money managers specializing in tax-aware separately managed account strategies. These institutional-grade portfolios are built around direct indexing, owning individual securities rather than fund shares, which allows for systematic tax-loss harvesting, customized factor tilts, and the ability to exclude specific securities or sectors. This approach can meaningfully improve after-tax returns for high-income clients over time. Available for eligible clients. Municipal Bond Ladders For clients in higher tax brackets, tax-exempt income is often one of the most efficient sources of portfolio yield. We construct personalized municipal bond ladders tailored to your tax situation, income needs, and time horizon. Through Schwab, we have access to thousands of individual fixed income securities across hundreds of dealers and bond funds, allowing us to select the most appropriate combination of maturities, credit quality, and yield for each client. Fixed Income Beyond municipal bonds, we build fixed income allocations using corporate bonds, Treasuries, agency securities, and other instruments appropriate to each client’s goals, whether for income generation, capital preservation, or duration management. Mutual Funds and ETFs Where appropriate, we use mutual funds and ETFs to provide diversified exposure across asset classes and geographies. We select funds based on cost, tax efficiency, manager quality, and fit within the broader portfolio, incorporating third-party research including Morningstar while going well beyond ratings in our selection process. Alternative Investments For qualified investors where appropriate, Hermosa provides access to a broad range of alternative investment strategies through institutional platforms. The following categories are available to eligible investors: Private Equity — Strategies that generate returns from the capital appreciation of private companies, including buyout, growth equity, and venture-oriented funds. Private Credit — Income-oriented strategies backed by privately negotiated lending arrangements, offering diversifying sources of yield beyond traditional fixed income. Real Assets — Investments offering the potential for capital appreciation, inflation protection, yield, and diversification through tangible physical assets including infrastructure, real estate, and natural resources. Hedge Funds — Strategies designed to improve risk-adjusted portfolio outcomes by increasing returns, reducing volatility, or minimizing correlation to traditional markets. Structured Investments — Products including market-linked notes, defined outcome strategies, and other structured vehicles designed to meet specific risk and return objectives. Alternative investments involve substantial risk, including possible loss of principal, and are illiquid. They are available only to accredited investors and qualified purchasers where appropriate, and only where suitable given the client’s overall financial situation. These investments are not suitable for all investors. Past performance is not indicative of future results. Technology & Account Access Through our custodial relationship with Charles Schwab, clients have access to industry-leading account technology including real-time account viewing, mobile access, consolidated cost-basis reporting, and document management. Clients also have access to our financial planning platform for real-time financial planning analysis, portfolio tracking, and secure document storage. You receive a single statement directly from Schwab regardless of how many accounts you hold with us. Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk &#0 Home - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Private Wealth Advice for Complex Lives Hermosa Wealth Management helps individuals, families, executives, retirees, and business owners navigate investment management, tax strategy, retirement planning, and long-term financial decisions with clarity and discipline. Serving clients nationwide from offices in Hermosa Beach, California and Carmel, Indiana. Schedule a Call What We Do Hermosa Wealth Management provides private wealth advisory services for affluent individuals, families, executives, retirees, and business owners with complex financial lives. We serve as your financial advisor, coordinating investment management, tax-aware planning, retirement income strategy, estate planning considerations, risk management, and outside professional relationships under one integrated plan. Our work extends well beyond portfolio management. We help clients organize complexity, eliminate unnecessary costs, and build long-term strategies aligned with what matters most to them, whether that is financial independence, a business exit, a family legacy, or all of the above. For eligible investors, we also provide access to alternative investments and private market strategies through institutional platforms. We believe wealth is a tool, not a destination. Our job is to help you use it wisely, for the people, opportunities, and causes that define your life. Wealth Management Investment Management Financial Planning Wealth Management Managing wealth well requires more than a good portfolio. It requires a plan that holds together across taxes, income, risk, and the decisions that define a complex financial life. Hermosa coordinates across all of it. Investment strategy, retirement income planning, tax coordination, and risk management are brought together in one integrated plan built around your goals and priorities. We also work closely with estate planning attorneys on foundational estate plans, estate tax planning strategies, legacy planning, and charitable giving structures including donor advised funds, charitable remainder trusts, and appreciated asset gifting. For families with significant wealth, getting the estate plan right is not a one-time event. It is an ongoing part of the relationship. Investment Management Investing well is less about chasing returns and more about building a portfolio that holds together over time, through market cycles, tax law changes, and the evolving needs of your financial plan. We construct and manage customized portfolios using low-cost public market investments, fixed income, and separately managed accounts. For qualified investors, we may also incorporate alternative investment strategies where appropriate. Every portfolio is built with an emphasis on cost awareness, tax efficiency, and long-term thinking. Financial Planning Financial planning is the foundation of everything we do at Hermosa. Before making any investment or wealth management recommendations, we build a comprehensive financial plan tailored to your specific goals, circumstances, and timeline. Your plan serves as the roadmap for your financial life, addressing retirement income strategy, cash flow planning, asset projections, tax considerations, estate planning coordination, and withdrawal strategies. It is a living document that evolves as your life does. Insights and Updates SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy https://hermosawealth.com/wp-content/uploads/2026/05/pexels-spacex-586041-scaled.jpg 2560 1707 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g May 3, 2026 May 3, 2026 May 3, 2026 SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy Most SpaceX shareholders we speak with are focused on a version of the same question: What will this actually be worth on day one, and… Market Perspective: Themes from JPMorgan’s Guide to the Markets https://hermosawealth.com/wp-content/uploads/2026/01/pexels-lkloeppel-466685-scaled.jpg 2560 1589 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g January 10, 2026 January 10, 2026 January 10, 2026 Market Perspective: Themes from JPMorgan’s Guide to the Markets This post summarizes publicly available research from JPMorgan Asset Management’s Guide to the Markets and reflects Hermosa Wealth Management’s independent interpretation of that information, which… Giving Back: Supporting The Pink Pickleball Charity Event https://hermosawealth.com/wp-content/uploads/2025/12/Untitled-design-1.png 1200 800 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g December 20, 2025 January 10, 2026 December 20, 2025 Giving Back: Supporting The Pink Pickleball Charity Event Hermosa Wealth Management was proud to sponsor the Pink Pickleball Charity Event for the second consecutive year. On December 20, 2025, Pink Pickleball and the… View All Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Contact - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Let’s start with a conversation. We’re selective about who we work with, and we want you to be equally selective about us. Our introductory conversation is designed to help both of us decide whether working together makes sense. Choose the format that’s most convenient for you. Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy webadmin May 3, 2026 No Comments SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy https://hermosawealth.com/wp-content/uploads/2026/05/pexels-spacex-586041-scaled.jpg 2560 1707 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g May 3, 2026 May 3, 2026 Most SpaceX shareholders we speak with are focused on a version of the same question: What will this actually be worth on day one, and what should I do with it? That usually leads to a second layer of questions: How much should I sell, and when How do I manage the tax impact across multiple years How much exposure should I keep How do I protect what I have if the share price moves against me How do I turn this into something meaningful, whether that’s a home purchase, lifestyle upgrade, or long term financial plan Those questions tend to matter more than the headline IPO price. What we’re seeing in real situations Across many of the situations we’re working through, a consistent pattern shows up. Shareholders often express strong conviction in the long term prospects of the company and want to maintain meaningful exposure. At the same time, most also want to reduce risk over time. In practice, that often turns into a plan to retain a portion of shares for long term participation while gradually reducing exposure over multiple years. The gap is execution. Most people have not mapped out how to actually do that in a tax aware way across different years. Tax planning is usually behind In many cases, there has not been a full buildout of what the tax picture looks like under different scenarios. That includes understanding the impact of RSU vesting and withholding, modeling ISO exercises and potential AMT exposure, and projecting how different sale timelines affect multi year outcomes, especially in California. These decisions do not require perfect precision upfront, but early modeling can prevent rushed decisions later. Timing matters more than expected Liquidity events often come with restrictions around when shares can be sold. That affects which tax year income lands in, how it stacks with compensation, and how sales get sequenced over time. The difference between selling in one year versus another can shift a meaningful amount of income and tax exposure. Concentration risk needs a plan For many shareholders, a large portion of net worth ends up tied to a single company. That creates a tradeoff between continuing to participate in potential upside and managing single stock risk. There is no single answer that fits every situation, but having a plan ahead of time tends to lead to more deliberate decisions. Estate and legacy planning can become relevant For some households, a liquidity event can push net worth into a range where estate tax planning becomes more important. Current federal thresholds may change over time and remain subject to legislation. For families approaching those levels, planning conversations often expand to include trust structures, lifetime gifting, and charitable strategies. These decisions take time to evaluate and implement properly. Managing downside risk after liquidity Another topic that comes up is how to manage downside risk once shares are publicly traded. In some cases, investors explore hedging strategies using options. These approaches introduce additional cost and complexity and are not appropriate in every situation, but they can be part of a broader risk management conversation. The common thread Across all of this, the pattern is simple. The most impactful decisions tend to happen before liquidity, not after. Once shares become tradable and timelines compress, it becomes much harder to step back and plan thoughtfully. We work with pre IPO equity holders across South Bay on these types of decisions. If you’re sitting on a meaningful private company position and want a second set of eyes, we’re happy to connect. You can schedule a time here: www.hermosawealth.com/contact Disclosure: This content appears for informational purposes only and should not receive interpretation as investment, tax, or legal advice. Individual circumstances vary, and the concepts discussed may not suit all investors. Consult your financial adviser, tax professional, or legal counsel before making any decisions. Readers who wish to explore these topics further may contact Hermosa Wealth Management for general information. Any advisory services require a formal client relationship. find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Why Hermosa Wealth - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Why Hermosa Book an Appointment Why Hermosa Hermosa Wealth Management was built on a simple belief: that affluent families and individuals deserve a financial advisor who is fully on their side, with no commissions, and no agenda other than helping them build and protect their wealth. We operate as a fiduciary in everything we do. That is not a marketing claim. It is a legal and ethical obligation that shapes every conversation, every recommendation, and every decision we make on behalf of our clients. We are selective about who we work with, and we want you to be equally selective about us. We keep our client base intentionally focused so that every relationship gets the time and attention it deserves. We are fully independent, with no proprietary products to sell, and we answer only to our clients.   Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Wealth Management - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Wealth Management Private Wealth Advice for Complex Lives Schedule a Consultation Managing wealth well requires more than a good portfolio. It requires a plan that holds together across taxes, income, risk, and the decisions that define a complex financial life. Hermosa coordinates across all of it. Investment strategy, retirement income planning, tax coordination, and risk management are brought together in one integrated plan built around your goals and priorities. We also work closely with estate planning attorneys on foundational estate plans, estate tax planning strategies, legacy planning, and charitable giving structures including donor advised funds, charitable remainder trusts, and appreciated asset gifting. For families with significant wealth, getting the estate plan right is not a one-time event. It is an ongoing part of the relationship. Asset Safety and Security Client assets are held with Charles Schwab & Co., Inc., an independent third-party custodian. Hermosa does not directly custody client assets. Clients receive account statements directly from Schwab and maintain secure access to their accounts at all times. Learn More About Asset Safety Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here About Us - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Private Wealth Advisory. Built Around Your Life. Hermosa Wealth Management serves affluent individuals, families, executives, retirees, and business owners who want a trusted advisor and an integrated plan, not just a portfolio manager. Schedule a Consultation Our Commitment to You Hermosa operates as a fiduciary, which means we are legally and ethically obligated to act in your best interest at all times. We do not earn commissions. We do not sell insurance products. Our only objective is to give you clear, objective advice and help you make informed financial decisions with confidence. As part of our planning process, we review clients’ insurance coverage to identify gaps and inefficiencies. We have no financial incentive to recommend any particular product or provider. Our only interest is making sure you are properly protected. We take that responsibility seriously in every client relationship, every conversation, and every recommendation we make. Our Approach Listen Every relationship begins the same way. We listen. We ask questions, we dig into the details, and we take the time to understand your full financial picture before we offer a single recommendation. That means understanding not just your assets and liabilities, but your goals, your timeline, your tax situation, your family circumstances, and what you have already built. We believe the quality of our advice is directly tied to the quality of that first conversation. Plan We build a comprehensive financial plan tailored to your specific goals, circumstances, and timeline. Your plan addresses investment strategy, retirement income, tax coordination, estate planning, risk management, and more, brought together in one integrated roadmap for your financial life. Implement and Monitor Once your plan is in place, we put it to work. Portfolios are constructed with tax efficiency, cost awareness, and long-term discipline in mind. We monitor your plan continuously, communicate proactively, and adjust as your life and goals evolve. Let’s start with a conversation. Schedule a Consultation Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here Giving Back: Supporting The Pink Pickleball Charity Event - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Giving Back: Supporting The Pink Pickleball Charity Event webadmin December 20, 2025 No Comments Giving Back: Supporting The Pink Pickleball Charity Event https://hermosawealth.com/wp-content/uploads/2025/12/Untitled-design-1.png 1200 800 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g December 20, 2025 January 10, 2026 Hermosa Wealth Management was proud to sponsor the Pink Pickleball Charity Event for the second consecutive year. On December 20, 2025, Pink Pickleball and the Desert Cancer Foundation hosted their fourth annual event at Mission Hills Country Club in Rancho Mirage, California. The day brought together players, volunteers, donors, and sponsors for pickleball, community connection, and fundraising in support of cancer patients throughout the Coachella Valley. Event founder Dilen Kakar, a freshman at USC Marshall School of Business, has helped raise over $600,000 in funds and cancer care support for the Desert Cancer Foundation across three years—a remarkable achievement that reflects the kind of leadership and service we value deeply. We were particularly proud to support an initiative rooted in these principles and making a tangible difference in our community. Our thanks go to the Pink Pickleball Charity Event planning team, the Desert Cancer Foundation, and every participant who contributed their time, energy, and generosity to help ease the financial burden of cancer care. find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. 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Ordinary emails are n Insights and Updates - Hermosa Wealth Management (310) 870-8400 (310) 870-8400 About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact Insights and Updates SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy https://hermosawealth.com/wp-content/uploads/2026/05/pexels-spacex-586041-scaled.jpg 2560 1707 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g May 3, 2026 May 3, 2026 May 3, 2026 SpaceX IPO Planning for Shareholders: Taxes, Risk & Liquidity Strategy Most SpaceX shareholders we speak with are focused on a version of the same question: What will this actually be worth on day one, and what should I do with it? That usually leads to a second layer of questions: How much should I sell,… read more Market Perspective: Themes from JPMorgan’s Guide to the Markets https://hermosawealth.com/wp-content/uploads/2026/01/pexels-lkloeppel-466685-scaled.jpg 2560 1589 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g January 10, 2026 January 10, 2026 January 10, 2026 Market Perspective: Themes from JPMorgan’s Guide to the Markets This post summarizes publicly available research from JPMorgan Asset Management’s Guide to the Markets and reflects Hermosa Wealth Management’s independent interpretation of that information, which may differ from the views of JPMorgan Asset Management. Hermosa Wealth Management maintains no affiliation with JPMorgan Asset Management. Hermosa… read more Giving Back: Supporting The Pink Pickleball Charity Event https://hermosawealth.com/wp-content/uploads/2025/12/Untitled-design-1.png 1200 800 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g December 20, 2025 January 10, 2026 December 20, 2025 Giving Back: Supporting The Pink Pickleball Charity Event Hermosa Wealth Management was proud to sponsor the Pink Pickleball Charity Event for the second consecutive year. On December 20, 2025, Pink Pickleball and the Desert Cancer Foundation hosted their fourth annual event at Mission Hills Country Club in Rancho Mirage, California. The day brought… read more Considering Tax-Efficient Diversification? Here’s One Strategy to Know https://hermosawealth.com/wp-content/uploads/2025/11/Section351.jpeg 800 800 webadmin webadmin https://secure.gravatar.com/avatar/03a4c4e17deee01fc79a38736bf579613c95f62ee38ab27866c44146f190d944?s=96&d=mm&r=g November 19, 2025 January 10, 2026 November 19, 2025 Considering Tax-Efficient Diversification? Here’s One Strategy to Know Many investors find themselves holding highly appreciated, low-basis securities. While diversification is important, realizing significant capital gains can create a tax burden that makes portfolio adjustments difficult. One potential solution—often overlooked—is a Section 351 ETF Conversion. Under specific circumstances, this strategy may allow an investor… read more First Trust Investment Conference: Key Themes for Long-Term Investors https://hermosawealth.com/wp-content/uploads/2025/11/Untitled-9.jpg 800 600 [email protected] [email protected] https://secure.gravatar.com/avatar/8f249c9b41601024feead9dc3e6ea127989ec8b9d25df5d4820706748bb86ead?s=96&d=mm&r=g May 28, 2025 January 10, 2026 May 28, 2025 First Trust Investment Conference: Key Themes for Long-Term Investors Hermosa Wealth participated in an investment conference hosted by First Trust at the Waldorf Astoria Beverly Hills, featuring perspectives from senior leadership on the current economic and market environment. Featured speakers included James Bowen, Chief Executive Officer of First Trust, and Brian Wesbury, Chief Economist,… read more Supporting Military Families Through Fisher House SoCal https://hermosawealth.com/wp-content/uploads/2025/03/Untitled-8.jpg 800 600 [email protected] [email protected] https://secure.gravatar.com/avatar/8f249c9b41601024feead9dc3e6ea127989ec8b9d25df5d4820706748bb86ead?s=96&d=mm&r=g March 12, 2025 January 10, 2026 March 12, 2025 Supporting Military Families Through Fisher House SoCal Hermosa Wealth recently participated in a presentation at the Hermosa Beach Rotary Club focused on the work of Fisher House Southern California, a nonprofit organization supporting military and veteran families during medical hardship. Hermosa Wealth founder Ken Gillespie previously served as Chief Financial Officer, Treasurer,… read more Recognition from the Hermosa Beach Chamber of Commerce https://hermosawealth.com/wp-content/uploads/2025/11/1.jpg 800 800 [email protected] [email protected] https://secure.gravatar.com/avatar/8f249c9b41601024feead9dc3e6ea127989ec8b9d25df5d4820706748bb86ead?s=96&d=mm&r=g January 24, 2025 January 10, 2026 January 24, 2025 Recognition from the Hermosa Beach Chamber of Commerce Hermosa Wealth Management received recognition as a finalist in the “Five Star Service” category as part of the Hermosa Beach Chamber of Commerce’s annual Best of Hermosa Awards. The Hermosa Beach Chamber of Commerce organizes this annual program to highlight local businesses based on community… read more find us Redondo Beach, California 90278 sitemap About Us Asset Management Financial Planning Wealth Management Contact social media Facebook Instagram LinkedIn Private Wealth Advice for Complex Lives. Social Media Facebook Instagram LinkedIn Our Services What We Do Wealth Management Financial Planning Investment Management Contact Us Hermosa Wealth Management Southern California Office 2447 Pacific Coast Highway, 2nd Floor Hermosa Beach, CA 90254 (310) 870-8400 Indiana Office 303 Congressional Blvd, 2nd Floor Carmel, IN 46032 (317) 343-4400 hello@hermosawealth.com Normal 0 false false false EN-US X-NONE SI-LK Corporation Information | Terms and Conditions | Privacy Policy © 2026 Hermosa Inc. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Hermosa Inc. dba Hermosa Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Hermosa Inc., a Registered Investment Advisor in the State of California. Being registered as a registered investment adviser does not imply a certain level of skill or training. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of California or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. About Us Why Hermosa Wealth Meet the Team Independent Directors Insights and Updates Investment Management Municipal Bond Investment Strategies Financial Planning Wealth Management Entrepreneurs and Business Owners Pre-IPO Equity Planning: Taxes, Risk & Liquidity Strategy Contact (310) 870-8400 Enter your text here