Financial Planning for BMC Employment
During your employment at BMC, you may have questions regarding the specifics of the plans and benefits offered. By coordinating company benefits with your outside assets, we help you understand each offering so you can maximize your benefits and achieve your personal financial goals.
BMC Software, Inc. Savings and Investment Plan (401k)
We provide active management and coordination with outside assets through Brokeragelink. We can help you make sure you get the full 5 percent company per-paycheck match by working with you to adjust contributions as necessary throughout the year. We can educate you on best practices for additional tax-preferential saving strategies including 401(k) after-tax contributions and backdoor Roth IRA contributions.
Did you know we can actively manage the funds in your 401k? No more “set it and forget it.” No more complex workarounds to adjust your funds. Through Fidelity Brokeragelink® accounts, you’ll gain access to additional funds and our expertise to help guide and actively manage your investments in coordination with your non-company, or outside,-workplace assets. Unlike other ‘advisors’, we don’t push you to roll out to an IRA when it’s not in your best interest.
BMC Incentive Plans
We can help you understand the vesting and taxation of awards, guide your savings prioritization plan and strategize on how to best exercise stock options while minimizing your taxes.
• BMC Cash Performance Awards
• BMC Incentive Stock Options (ISO) and Non-Qualified Stock Options (NQSO)
BMC Health Plans
We can help you understand the tradeoffs of specific plans, maximize your take-home pay by optimizing your HSA and HC FSA accounts, and guide your contributions for health care costs and retiree medical costs in the most tax-efficient manner.
• Blue Cross Blue Shield of Texas HSA
• Blue Cross Blue Shield of Texas PPO
• Kaiser HMO
We can help you understand each insurance option and decide on a plan that works best for you to ensure you are paying for what you need, but not buying what you don’t.
• Group Life vs Term
• Group Disability
Active Management Inside Your BMC 401(k)
Did you know we can actively manage the funds in your 401(k)? No more “set it and forget it.” No more complex workarounds to adjust your funds. Through Fidelity Brokeragelink® accounts, you’ll gain access to additional funds and our expertise to help guide and actively manage your investments in coordination with your non-company, or outside, assets.
Job Insecurity at BMC
Life is full of uncertainties – your finances and career are no exception. If you find yourself on the receiving end of an offer for a layoff or voluntary severance package, we can help you determine if retirement is a viable option, as well as understand the critical decisions about company benefits elections.
Are you unsure about your future at BMC or what an untimely layoff could mean for your financial picture? We will work with you to evaluate your goals, educate you on your current financial situation, and help determine what actions need to be taken to optimize your financial outlook.
Being recruited to a new company is an exciting opportunity, but how can you know if it’s the right move – for your wallet and your health? We can help you map out the difference in value between your current job and the one you are being offered.
Often times, it is hard to directly compare the value of two compensation packages. Whether you decided to take the job or not, we’ll help you optimize your elections from BMC as well as at your new company.
Planning Retirement From BMC
Retirement is as much a personal, emotional transition as it is a financial one. We understand what you’re going through. We will walk you through your retirement wealth plan and ensure all elections are handled correctly so you avoid losing any benefits and minimize taxes. The specifics of your retirement can vary considerably based on your goals, financial situation and how you have used your BMC benefits.
BMC Software, Inc. Savings and Investment Plan (401k)
We provide active management and coordination with outside assets through Brokeragelink®. We can help you make sure you get the full five percent company per-paycheck match by working with you to adjust contributions as necessary throughout the year. We can educate you on best practices for additional tax-preferential saving strategies, including 401(k) after-tax contributions and backdoor Roth IRA contributions.
Do you know we can actively manage the funds in your 401(k)? No more “set it and forget it.” No more complex workarounds to adjust your funds. Through Fidelity Brokeragelink® accounts, you’ll gain access to additional funds and our expertise to help guide and actively manage your investments in coordination with your non-company assets. Unlike other “advisors,” we don’t push you to roll out to an IRA when it’s not in your best interest.
Upon retiring from BMC, many of our clients choose to continue working in a consultant role. If you plan to work as a consultant, we can help you understand how to structure your finances and retirement to fit your new role.
• Liability Protection for LLCs
• Tax Deferral Strategies for Solo 401(k), Sep IRA and Solo Pension Plans
• Negotiating compensation with an understanding of how consultants get taxed (1099) over W2 employees
When Should I Retire?
When you decide to retire can have a significant impact on your retirement income. Sometimes this means waiting a few weeks or retiring just a month earlier. By understanding the payouts and tax implications of your benefits, we can determine your tax-efficient retirement date – optimizing your retirement income.
Nick Johnson, CFA®, CFP®
Nick Johnson CFA®, CFP® believes that financial planning is more than numbers on a balance sheet and a standardized process. People are unique and should be treated as such. As vice president and wealth manager at Willis Johnson & Associates, Nick’s goal is to develop a solid understanding of his clients while providing a proactive approach to comprehensive wealth management.
Nick is responsible for monitoring the financial health of his clients and providing timely updates regarding changes to their financial plans. To effectively monitor a client’s financial well-being, an advisor must have a firm grasp of the life passions and/or goals specific to that individual. It is Nick’s job to initiate productive conversations where he can combine his own financial planning wisdom with the unique emotional elements of a corporate professional’s life.
Overall, Nick measures financial planning success by his ability to help corporate professionals maximize their hard-earned money. However, Nick considers himself successful as an advisor when clients naturally turn to him for financial advice as they would like a trusted family member or close friend. In addition to serving as an advisor, Nick serves an integral role as a member of Willis Johnson & Associates Investment Committee.
The Investment Committee makes all of the decisions in regards to asset allocation, style/theme distribution, and security selection for their client portfolios. Nick’s strong analytical skills, dedication to the fundamentals of investing, and Chartered Financial Analyst designation bring unique insight to their investment decisions.
In school, Nick always had a passion for analytic research and analysis but found within himself the need to balance that with personal connections. These desires led him to pursue a dual major in finance and drama, along with a minor in economics from Trinity University. He thrived in the finance and economics classes, often finding himself leading study groups and teaching concepts that came easily to him.
While concurrently studying finance, Nick spent most of his free time in the theater department working on over 40 stage productions both in the department and the community at large. This in-depth study of the humanities let him deepen his understanding of the motivations and inter-workings of people, a skill he uses very much to this day.
After graduating from Trinity University, Nick began working as an investment analyst at Willis Johnson & Associates He started his studies for the CFA® exam during this time as well. After gaining experience on the investments side, researching funds, tracking investments, and trading large blocks of client accounts, he moved over to the financial planning arm of the company and later transitioned into a financial advisory role.
In addition to being a CFA®, Nick earned his designation as a CERTIFIED FINANCIAL PLANNER™ after completing the board’s preliminary financial planning experience requirements and certification exam in April 2018.
Nick is a Houston native and uses his passion for learning to inspire the personal and professional development of the city’s working professionals and executives. He believes in the power of education to impact both the individual and their community by enabling more informed decision making in terms of their careers, their money, and most importantly, their life goals.
Nick is a strong proponent of continued education, which is reflected via his heavy investment in his personal career, the careers of the WJA team, and the lifetime careers of the clients he serves.
During his free time, Nick lectures as an adjunct professor at the University of Houston Bauer College of Business, is involved in the CFA® Professional Mentorship Program, and is an active participant in the University of Houston Bauer College of Business’s SURE Program, which fosters a partnership between students and Houston’s business thought leaders and aspiring entrepreneurs from under-resourced communities.
When he’s not teaching or being taught, Nick enjoys spending time outdoors and embarking on weekend rock climbing excursions across the states.
Alexis Long, MBA, CFP®
Alexis Long is currently a wealth manager with Willis Johnson & Associates, which allows her to meet people from diverse backgrounds with different goals and to assist them in reaching those goals as efficiently as possible.
For Alexis, financial planning combines her interest in producing detail-oriented financial plans with a desire to help people reach their goals, whether it be retiring early, paying for their grandchildren’s educations, buying a second home, or leaving a legacy for their children. Understanding what is truly important to a client is key to good financial planning, along with providing solid technical advice.
Previously, Alexis worked at another wealth management firm which was her first job in the financial planning and advising industry. She was able to learn the basics of financial planning from the ground up and quickly expanded her knowledge as a paraplanner.
After graduating with a BBA from Texas Tech University, Alexis held positions ranging from real estate to bankruptcy law while searching for her true career passion. It was not until her attendance in the MBA program at the University of Saint Thomas that she started learning more about the financial planning and advising industry. Alexis recognized financial planning and advising was the career that best suited her.