Financial Planning for Oil & Gas Industry

Financial planning and investment management for your unique situation

Financial planning for oil and gas industry professionals depicts corporate executive initializing AI aided predictive energy industry concept

Why financial planning for oil and gas professionals is different

Financial planning and investment management for oil and gas professionals is a specialized area of practice.  Working with petrochemical executives and employees requires an in-depth understanding of the employer-sponsored benefits packages and knowledge of the unique financial challenges that face the industry.

With offices around Texas, we work with various executives, engineers, administrative staff, and oil field service professionals and their families. We have direct experience with executive and employee benefits and compensation packages, especially with Exxon, BP, ConocoPhillips, Halliburton, Oxy, Baker Hughes, Chevron Phillips, Citgo, Shell, Phillips 66, and Dow*.

Petrochemical professionals face unique challenges

Because of the potential for high earnings and reliance on policies and the market, you need professional financial advice that can inoculate you from the volatility associated with the industry.  We help our clients make the most of their income, stock options, and employer-sponsored benefits while ensuring they avoid a shortfall at retirement.  Acting as your personal CFO, we partner with you to create a personalized financial plan that adapts with you as your life and career advances.  Through the 7 Pillars of Financial Success, we address each stage of your life to help you secure the resources you need to enjoy a comfortable retirement.

A comprehensive financial plan that addresses your specific situation may include:

A Proprietary 3P Approach© to Planning

We help our clients simplify the complexities of their financial life, whatever their goals and career stage.  Applying our 3P Approach© to financial planning ensures we address all stages of your career–from early and mid-career challenges to accumulation and leaving a legacy for your family and others.  With our experience and dedicated team of professionals in this niche market, we help you put the pieces of your financial life together, so you can spend time focusing on what matters.

For additional information on related oil and gas topics visit our financial planning guides and searchable blog articles.  Please let us know how we can be of service to you.

*Global Wealth Advisors is neither endorsed by nor affiliated with Exxon, BP, ConocoPhillips, Halliburton, Oxy, Baker Hughes, Chevron Phillips, Citgo, Shell, Phillips 66, and Dow.

How Do Restricted Stock Units Work? Back to Top

Consider the Financial Implications of Restricted Stock Units

Restricted stock units (RSUs)—a contractual right to receive company shares or an equivalent cash payment at some point in the future—are an increasingly popular form of equity award offered by companies of all shapes and sizes. Companies are shifting to RSUs because they are administratively convenient, are easy for employees to understand, and can be structured in a way that helps attract and retain key employees and drive performance. Given this growing trend, let’s take a closer look at what RSUs are and how they can work for employees. 


Tax-Savings Opportunities for NQSO Holders Back to Top

Tax-Savings Opportunity for NQSO Holders computer graphic.

If you’re lucky enough to hold nonqualified stock options (NQSOs), you may be wondering what they’re worth right now. Perhaps you’ve been fortunate enough to see your company’s share price increase since you received your NQSOs, but you’ve been waiting to exercise your options. Now, given the recent market downturn and volatility, you may feel as though you missed your chance to lock in maximum profits. That’s not necessarily true. But, true or not, the current market environment could present a different kind of opportunity when you exercise your NQSOs.


Six Biases That Can Derail Your Portfolio Back to Top

Six Biases That Can Derail Your Portfolio with finger pressing behavior analysis button on keyboard.

When it comes to our money, humans are not exactly rational investors. In fact, there are six biases that can be harmful to investors and these detrimental biases can derail our ability to make the best possible decisions about building wealth. Often, clients do not realize their decisions are being negatively affected by these cognitive biases. Because of this, they warrant a deeper look.


Experience Our Proprietary 3P Approach© to Financial Planning

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