Your clients’ stock options are down 76% overall

“For those executives whose company holdings were largely in stock options, rather than stock, the decline in wealth has been huge…. Over all, the options have lost 76 percent of their value.”

That’s according to New York Times columnist Floyd Norris, who wrote in “Be Glad You’re Not Warren Buffett” about a report by Stephen Hall & Partners, an executive compensation consulting firm. By the way, Buffett’s paper losses amount to more than $15 billion–or nearly one-third of the $52.3 billion in losses through Oct. 27.

I looked on the Stephen Hall & Partners website to see if their report is available to the public. I couldn’t find any mention of it.

Are your clients talking to you about their stock options? If not, maybe it’s time to bring up this topic.