101 Metro Drive
We Are Part of the HP Legacy
Many years ago, Elaine Manley and Scott Manley started their careers at Hewlett-Packard before becoming financial advisors. We learned that HP developed a process to interview and hire outstanding people. We met and developed many strong relationships during that time.
Since 2000, Hewlett-Packard has split, merged with and spun off many companies. HP acquired Compaq Computers. HP spun off Agilent Technologies. Then the remaining Hewlett-Packard split into HP Inc. and Hewlett Packard Enterprise. HP Enterprise acquired EDS. Since then, additional spinoff companies include Lumileds, Keysight Technologies, Verigy, DXC Technologies and Micro Focus.
Today we have many clients that currently work at these companies or at one time worked for one of these companies. We are familiar with the HP DPSP (Deferred Profit Sharing Plan) and HP RP (Retirement Plan) that were given to employees in the 1980’s and 1990’s. We have helped clients who received shares in HP many years ago and have no record of the cost basis.
If you work at one of these companies, or have in the past worked at one of these companies, and would like help rolling over your retirement money or planning for retirement, give us a call and we are ready to help you.
We have helped many of our current clients work through these issues and we can help you too!
July 28, 2020 - Megatrends for the Future
September 16, 2020 - Six Estate Planning Pitfalls to Avoid
See Upcoming Events and our Blog for other articles of interest.
A single man worked for Hewlett-Packard for decades. He referred many of his friends to us. Living in Silicon Valley, he had a house with a high market value, but his financial plan showed he did not have enough assets to pay his expenses throughout retirement. His financial advisor guided him through the process of identifying a new, lower cost area to live, selling his home and investing the proceeds to fund the remainder of his retirement.
He found a new community to live in that he loves, and his financial plan shows he has plenty of money to do the things he wants to do. Having a financial advisor helps him not to worry because his advisor is there to help him. His financial house is in order, his debts are paid off, his emergency reserves are in place, his beneficiaries are current, he is enjoying his retirement free from worry.
A client lives in Silicon Valley, is married and worked at Hewlett-Packard. Over the last several decades, HP has had many voluntary severance programs. This client was offered and decided to take a severance package.
Their financial advisor guided them through the process of rolling over their retirement accounts, ensuring their financial plan included saving for college for their two children, as well as evaluating several offers for different jobs. At the request of the parents, when the kids became teenagers, their financial advisor taught the kids about money and investing. Their financial plan shows they are on track and they plan to retire in the next 5 years.
The stories provided are representative of client experiences to illustrate the services provided by Financial Journey Partners. These stories do not reflect specific opinions or endorsements of any clients and should not be interpreted as such.