Eric C. Chen

About Eric C. Chen

As an experienced & well-versed financial professional/personal finance subject matter expert, I specialize in collaborating & strategizing with high net-worth individuals & families on how to strengthen their financial position, optimize their financial organization & maintain + improve their plan\'s trajectory by means of holistic wealth management. This is accomplished through comprehensive financial planning, sophisticated portfolio management, leveraging investment management solutions, & providing ongoing monitoring, maintenance, & rebalancing after initial implementation. As an extremely meticulous & detail-oriented person by nature, my tenured process evaluates the five core pillars of holistic wealth management - tax minimization/tax planning, estate planning, retirement/financial planning, insurance/risk management planning, & investment management. My ongoing mission is to educate, inform, & mentor while providing transparent, direct, jargon-free guidance & advice in a responsible, fiduciary capacity. I will ALWAYS put my clients & their best interests first.As a Vice President, Wealth Planner at Fidelity, I specialize in working with Fidelity Wealth Management clients with a liquid net worth over $4 million & currently manage 187 households with $876 million in assets under administration and $486 million in assets under management. As for my educational background - I obtained my Bachelor of Science in Business Management from the Daniels School of Business at Purdue University and hold concentrations in OBHR & Marketing, as well as a minor in English. I completed my Master of Business Administration (MBA), Summa Cum Laude, in Finance with a concentration in Financial Planning from the School of Management at California Lutheran University. I am both Series 7 & 66 licensed through FINRA, have my Washington State insurance producer license for life, LTC, annuities, & property/casualty insurance, am a CERTIFIED FINANCIAL PLANNER™ & a Chartered Financial Consultant®. Outside of work I am actively involved in many non-profits & charitable organizations including The Seattle Animal Shelter Foundation, The Crohn’s & Colitis Foundation, and Blood Cancer United. I am a member of the Financial Planning Association\'s (FPA) Puget Sound Chapter. I also volunteer with my alma mater, Purdue University, to mentor & mock interview current finance students who are getting ready to enter the workforce. I volunteer as a judge for WA DECA conferences. I will also be fundraising as a 2026 Blood Cancer United Visionary of the Year.

Experience

1. Vice President, Wealth Planner

   Fidelity Investments

   Feb 2022 — Present · Bellevue, WA, US

   Build deep, life-long relationships with clients and their families, meeting on a quarterly basis to ensure their priorities, needs, and concerns are always addressed•Discover what clients truly want to accomplish with their wealth and review how family dynamics, occupation, retirement lifestyle/recreation, and their life motivations can impact their financial decisions •Construct in-depth, detailed financial plans with direct instructions on actionable items that need to be executed, in order to strengthen and optimize their financial position. This is accomplished with the aid of eMoney - one of the most powerful and sophisticated financial planning software programs that exists in our industry.•Guide clients through difficult decision points, including Social Security strategies, pre-Medicare options, Medicare, navigating IRMAA, realistic withdrawal %, and at what age is retirement feasible. •Evaluate cash flow and advise clients on how to best generate retirement income. This includes assessing deferred compensation plans, stock vesting schedules, rental property keep/sell/exchange decisions, pension decisions, Social Security decisions, portfolio withdrawal plans, and evaluating annuities.•Tax plan and minimize taxes by evaluating workplace benefits, 401k/403b/401a/457/HSA/SEP & SIMPLE IRA decisions, backdoor and mega backdoor ROTH execution, navigating rollovers and net unrealized appreciation (NUA) strategies, ROTH conversion timelines and amounts in retirement, tax loss harvesting, and minimizing taxes that stem off investment income through asset location.•Educate clients on Federal and Washington State estate and gift taxes and looping in estate planning consultants to discuss wills, different types of trusts, POA, account registrations, beneficiary designations, trusted contacts, separate vs. community property, etc.•Monitor insurance coverages and ensure proper policies and adequate coverage is in place

Education

• Purdue University

  Bachelor of Science (B.S.), Business Management

• California Lutheran University

  Master of Business Administration - MBA, Finance, Financial Planning

Skills

• Financial Markets
• Microsoft Office
• Sales
• Recruiting
• Finance
• Customer Service
• Human Resources
• Financial Consulting
• Advertising
• Investment Strategies
• Social Media Marketing
• Salesforce.com
• Adobe Photoshop
• Mandarin
• Marketing
• Leadership
• Business Development
• Presentations
• Social Media
• Communication
• Powerpoint
• Microsoft Excel
• Microsoft Word