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Relay
12 findings

Margaret Ellison, advisor (synthetic persona)Senior advisor, founder and executive practice, New YorkAbout $820M across 183 households; four relationships above $50M; 7 of those households are in this prototypeWho's who

Why this client

Castellanos: $4.9M in cash and short bonds, nearly five times the family's own target

Why this client

Castellanos is number 2 of 5 on today's list: score 74.1 = materiality 78 × over a limit weight 0.95 (firm default). Flagged on: Liquidity funded 175 of 36 target months; Cash from the practice sale, $4.2M; Longevity funded $7.6M of $8.5M. 3 passages from 2 documents support it.

Open Castellanos

Materiality comes from the agent that raised the item; the weight is yours to tune on Today's list. The ranking and the relevance scores are arithmetic, and a model never reorders either.

3

Cited passages, from 2 documents

0

Related, not cited

0

Sources in conflict

0

Past review date

Why it was flagged

Over a limit

  1. LimitLiquidity funded 175 of 36 target months
  2. ClientCastellanos household
  3. HoldingCash from the practice sale, $4.2M
  4. GoalLongevity funded $7.6M of $8.5M

Cited evidence, ranked

  • A Liquidity strategy is sized to cover two to five years of planned spending, held in instruments that do not require selling risk assets during a drawdown.

    Sizing a Liquidity strategy, passage p1prototype corpus, day 2

    Relevance 0.38="spending" +0.04"five" +0.06"liquidity" +0.03Cited by the opportunity record +0.25

  • Where a Liquidity strategy is unfunded, new cash inflows are the lowest-cost source of funding because no position has to be sold.

    Sizing a Liquidity strategy, passage p2prototype corpus, day 2

    Relevance 0.35="cash" +0.04"liquidity" +0.03"funded" +0.03Cited by the opportunity record +0.25

  • A municipal ladder provides tax-exempt income with scheduled maturities for high-bracket households.

    Municipal ladder, 1 to 7 years, passage p1prototype corpus, day 1

    Relevance 0.32="ladder" +0.04"household" +0.03Cited by the opportunity record +0.25
How relevance is scored, and where a model would sit
The query is the opportunity as the record states it: its title, class, strategy, action and reason path, and nothing more. Each passage's score is the share of the query's weight it covers, where a rarer term across the corpus counts for more and a term the corpus has never seen counts as its rarest, plus 0.25 when the record cites the document, halved when the document is past its review date. The floor is 0.20. In production a model rewrites the query and reranks the candidates; the floor, the citation requirement, the exclusion of superseded documents and the refusal stay in code, so a verdict never depends on a model's prose.

What the query matched

  • liquidity2 passages
  • cash1 passage
  • five1 passage
  • funded1 passage
  • household1 passage
  • ladder1 passage
  • spending1 passage
  • againstnone

What the team already knows

  • Meeting, 35 days ago: Sale proceeds received; agreed to leave them in cash until the house budget is known
  • Call, 130 days ago: Sale terms agreed; discussed the earn-out
  • Client service associate, 6 days ago: E. Castellanos called: the builder wants a $250K deposit wired to a new account by Friday.
  • Planning specialist, 20 days ago: Earn-out of up to $1.1M pays over three years if the practice hits its targets; not counted anywhere yet.

Full briefing, with what could not be established

Client picture · Documents