Iconoclastic Capital Management

No buzz words. No Bias. No bull$#!+

17 Prince St, Rochester, NY 14607
585-504-1616
team@iconocapital.com
New Client Proposal

Prepared for Carissa Bennett

A comprehensive wealth management strategy designed to optimize your financial position and achieve your long-term goals

Date: September 23, 2025
Meet Our Team
The professionals who will guide your financial journey

Christopher Haigh, CFP®

CEO & Lead Financial Planner

Jack Hills

Chief Investment Officer

Gene Thompson, CFP®

Director of Financial Planning

Stephanie Nemecheck

Director of Operations

Matthew Scott

Financial Planning Associate

Executive Summary
Key findings and recommendations based on our comprehensive analysis

Current Financial Position

  • Net worth: $1.3M with strong foundation
  • Excellent tax allocation diversification
  • On track for retirement at 65 (100% success rate)
  • Strong income from Adobe position

Key Opportunities

  • Reduce Adobe stock concentration (48% → 20%)
  • Optimize $72k excess cash position
  • Tax optimization ($5.5M lifetime savings potential)
  • Estate planning for non-citizen spouse
Choose the Right Fit for Where You Are
Three service models designed for different client needs and preferences

Asset Management Only

Let a disciplined investment engine run in the background

Who It's For
  • • Want delegation without ongoing planning
  • • Retirees simplifying assets
  • • Passive, long-term investors
What You Get
  • • Low cost, diversified portfolios
  • • Direct indexing + tax-loss harvesting
  • • Annual meeting with CIO
  • • Right Capital access
Not Included
  • • Financial planning
RECOMMENDED

Guided Wealth Management

A guided partnership for every stage of your financial journey

Who It's For
  • • Families with ongoing complexity
  • • Equity comp, business owners
  • • Clients who value strategy & structure
What You Get
  • • 4 annual meetings aligned to life
  • • Custom portfolios & tax strategy
  • • Estate, retirement, and legacy design
  • • Specific modeling & coordination with other professionals
  • • Open access to email us with questions throughout the year
  • • Vault + RightCapital (full access)

Project-Based Planning

Solve One Big Thing, Done Right

Who It's For
  • • One-time decisions of complex situations
  • • Need expert validation or guidance, not ongoing support
What You Get
  • • Scoped plan delivered in 1-3 months
  • • 90-day support window
  • • Custom deliverables focused on you
  • • Temporary access to planning software
Examples
  • • Home purchasing
  • • Buy, sell, long-term/short-term rental
  • • Retirement planning
  • • Windfall planning

Strategic Recommendations

1. Portfolio Optimization & Adobe Concentration Plan
2. Cash Optimization & Deployment
3. Smarter Asset Location (same risk, better after-tax outcome)
4. ESPP & Equity-Comp Strategy
5. Beneficiary IRA: Compliance, Strategy, and Sibling Split
6. 2025 Tax Play: Withholding Right-Size + Offset Gains
7. Protection Tune-Up (Life & Disability)
8. Estate Plan Considerations
9. Real Estate Decisions: Co-op, Bridgeport, and "Dog Daycare" Facility
10. Cash-Flow & "Surplus Routing" System
Guided Wealth Management Terms
Our fees are thoughtfully structured to reflect the value of our services and remain non-negotiable

Fee Structure

Onboarding/Data Gathering$1,500 (upfront)
Annual Planning Fee$3,600 (quarterly)
Asset Management Fee0.90%

Annual planning fee billed quarterly starting 10/15

Payment Schedule

Onboarding fee of $1,500 is due upon engagement. Annual planning fee of $3,600 is billed quarterly ($900 per quarter) starting October 15th.

Assets to be Managed
Surplus from Banking$80,886
Beneficiary IRA$170,000
ESPP Taxable$200,000
eTrade Taxable$69,000
Vested RSU$35,000
Total Assets$554,886
Onboarding Process
Onboarding isn't only a time to ensure all your information and accounts are set up correctly. We use this time to introduce you to your Wealth Management team and dive deeper into the more common areas of financial planning.
01

Christopher Haigh & Stephanie Nemecheck

(Or Matt Scott)

  • - Opening accounts
  • - Collecting quantitative data
02

Jack Hills

  • - Asset allocation
  • - Tax loss harvesting
  • - Asset location
03

Gene Thompson

  • - Income tax planning
  • - Estate planning
04

Revision

  • - Review your finalized financial plan
  • - Develop an implementation plan for your most important goals
Next Steps
Ready to optimize your financial future? Here's how we move forward.

Immediate Actions

  1. 1Review this proposal and discuss any questions
  2. 2Sign engagement agreement and complete onboarding
  3. 3Schedule implementation kickoff meeting

Questions?

We're here to address any concerns and ensure this partnership aligns perfectly with your goals and values.

This proposal is valid for 30 days and reflects our analysis based on information provided during our consultation calls.

Prepared by the Iconoclastic Capital Management team • team@iconocapital.com • 585-504-1616

Additional Resources
Value-added services and resources for our clients
Client Communications
  • • Access to our monthly client newsletter which some clients have said "is worth the cost itself"
  • • Email distribution lists for relevant updates like studentloans@iconocapital.com
Preferred Partners

Access to discounts and preferred partners for related services

Legal Information

Iconoclastic Capital Management LLC is a registered investment advisor offering advisory services and doing business in the State of New York.

View our firm's Form ADV