CASE STUDY

JORDYN BENNETT

Petroleum Engineer

PLACE OF EMPLOYMENT

Shell Global

BACKGROUND

Jordyn Bennett is a 2017 Texas A&M graduate with a master’s in petroleum engineering. At the top of her class, Jordyn was offered an esteemed design and innovation position, for which she received a significant signing bonus.

After ridding herself of student debt, she used her earnings to fund a lavish lifestyle—ultimately leaving little to nothing for savings and investments. Just a few years in, Jordyn came to the difficult realization that she couldn’t keep up with the life she had created, and knew cutting back was the only option if she was to want anything more for the future.

Jordyn came to Kovar Wealth for general wealth management assistance and to create a plan to grow over time. She also showed interest in alternative investments, with hopes to build a diversified portfolio over the years.

Note: The above case study is hypothetical and does not involve an actual Kovar Wealth Management client. No portion of the content should be construed by a client or prospective client as a guarantee that he/she will experience the same or certain level of results or satisfaction if Kovar Wealth Management is engaged to provide investment advisory services.
PLAN OF ACTION

Jordyn is what we would describe as a “HENRY” client: high-earner, not rich yet. Our financial professionals created a roadmap of Jordyn’s career and life goals, being sure to include extended plans for the future. More specifically, we established a budget with specific categories to align with her short- and long-term goals, so she knows exactly where her money is going.

With Jordyn’s concerns of how her luxurious living has affected her preparation for the future, we wasted no time opening an emergency fund, a savings account, and an investments account. Furthermore, since Jordyn is a HENRY, it was important that we implement special tax minimization strategies.

GOALS
  • Adopt sound financial practices
  • Manage current wealth
  • Explore alternative investments

JORDYN BENNETT

Petroleum Engineer

BACKGROUND

Jordyn Bennett is a 2017 Texas A&M graduate with a master’s in petroleum engineering. At the top of her class, Jordyn was offered an esteemed design and innovation position, for which she received a significant signing bonus.

After ridding herself of student debt, she used her earnings to fund a lavish lifestyle—ultimately leaving little to nothing for savings and investments. Just a few years in, Jordyn came to the difficult realization that she couldn’t keep up with the life she had created, and knew cutting back was the only option if she was to want anything more for the future.

Jordyn came to Kovar Wealth for general wealth management assistance and to create a plan to grow over time. She also showed interest in alternative investments, with hopes to build a diversified portfolio over the years.

PLAN OF ACTION

Jordyn is what we would describe as a “HENRY” client: high-earner, not rich yet. Our financial professionals created a roadmap of Jordyn’s career and life goals, being sure to include extended plans for the future. More specifically, we established a budget with specific categories to align with her short- and long-term goals, so she knows exactly where her money is going.

With Jordyn’s concerns of how her luxurious living has affected her preparation for the future, we wasted no time opening an emergency fund, a savings account, and an investments account. Furthermore, since Jordyn is a HENRY, it was important that we implement special tax minimization strategies.

GOALS

  • Adopt sound financial practices
  • Manage current wealth
  • Explore alternative investments
Note: The above case study is hypothetical and does not involve an actual Kovar Wealth Management client. No portion of the content should be construed by a client or prospective client as a guarantee that he/she will experience the same or certain level of results or satisfaction if Kovar Wealth Management is engaged to provide investment advisory services.

I have to admit—I went pretty overboard with my newfound lifestyle, free of financial worry. It feels good to know that Kovar Wealth Management doesn’t judge me for my past mistakes; their only interest is in making sure I’m financially secure for my future.

— Jordyn Bennett

I have to admit—I went pretty overboard with my newfound lifestyle, free of financial worry. It feels good to know that Kovar Wealth Management doesn’t judge me for my past mistakes; their only interest is in making sure I’m financially secure for my future.

— Jordyn Bennett