Castellanos household
Owner after a sale. $5M+. $11.8M. Practice sold four months ago; $4.9M in cash and a short ladder at 175 months of spending, a new house being built, and no plan for the rest.
R. Castellanos, 63 and E. Castellanos, 61. Liquidity covers 175 months of 36 wanted; single name none against the family's 10% rule. 2 opportunities are on the list.
Advice state against Liquidity, Longevity, Legacy
| Strategy | Funded | Target | Coverage | Driving assumption |
|---|---|---|---|---|
| Liquidity | 175 months | 36 months | 36 months of spending at $28K a month; the house build is a separate budget | |
| Longevity | $7.6M | $8.5M | Spending from 65 to 95 with the house paid for | |
| Legacy | $0 | $2M | Stated intent: a gift to each of two children on their fortieth birthdays |
Holdings
| Holding | Value | Weight |
|---|---|---|
| Diversified core model | $6.9M | 58% |
| Cash from the practice sale | $4.2M | 36% |
| Municipal ladder | $700K | 6% |
IPS constraints and persons
- At most 10% in any one stock
- Keep 24 months of cash before locking money up
- Risk level at most 3 of 5
- No private credit
Persons (2): R. Castellanos, primary; E. Castellanos, spouse. Each person counts separately toward the retail-investor threshold.
People
- R. Castellanos, 63 (primary)
- E. Castellanos, 61 (spouse)
How to work with this client
- Channel: email
- Best time: Mid-morning; E. handles the calendar
- Notes: full
- Escalate unsigned forms after: 14 days
Contact history and team notes
- 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.
Open tasks
- Model the house budget against the cash held (Planning specialist, due in 2 days)
- Verify the builder's wire instructions by callback (Client service associate, 1 days overdue)
Paperwork
- Updated investment policy statement after the sale (25 days open)
- Standing wire instructions: builder (6 days open)
Service requests
None open.
All service requestsDocuments this client's view is grounded in
Composite persona: built from
Money elsewhere, and the next conversation
Wallet share 100% or less: $11.8M on the platform. Wallet share
Next conversation: Proceeds not yet on the platform: "Sale proceeds received; agreed to leave them in cash until the house budget is known". Who to call