Sample Wealth Analysis Report
What You Want to Accomplish
Every recommendation in this report considers these goals.
Portfolio Overview
A snapshot of your complete household portfolio across 6 accounts.
| Account | Value | % of Total |
|---|---|---|
| Joint Taxable | $652,640 | 50.6% |
| 401(k) | $230,860 | 17.9% |
| Traditional IRA | $154,770 | 12.0% |
| Traditional IRA | $145,740 | 11.3% |
| Roth IRA | $90,280 | 7.0% |
| Roth IRA | $14,190 | 1.1% |
Current Asset Allocation
Geographic Distribution
What Your Portfolio Has Done — And Will Pay You
Unrealized gain or loss against your cost basis, plus the dividend and distribution income projected from your current positions over the next 12 months.
Top Contributors
Driving your portfolio up
| Holding | Gain | Return |
|---|---|---|
NVIDIA Corp NVDA |
+$76,250 | +458% |
Southside Bancshares Inc. SBSI |
+$40,340 | +245% |
Apple Inc. AAPL |
+$35,200 | +178% |
Astronics Corp ATRO |
+$20,360 | +127% |
FPA Crescent Fund Institutional FPACX |
+$15,220 | +89% |
Top Detractors
Dragging your portfolio down
| Holding | Loss | Return |
|---|---|---|
Global X U.S. Infrastructure PAVE |
−$11,960 | −32% |
Cass Information Systems CASS |
−$7,610 | −24% |
ARK Innovation ETF ARKK |
−$6,170 | −41% |
9 additional holdings are excluded from this view because cost basis is not recorded.
Estimated Annual Income
Income by Asset Class
Where your projected income comes from
| Asset Class | Annual Income | Yield |
|---|---|---|
| US Equities | $13,470 | 1.86% |
| International | $3,940 | 2.41% |
| Fixed Income | $4,680 | 4.18% |
| Other | $840 | 0.42% |
Top Income Holdings
Where the dividend dollars come from
| Holding | Annual Income | Yield |
|---|---|---|
Horace Mann Educators Corp HMN | $2,020 | 3.08% |
Vanguard High Dividend Yield VYM | $1,520 | 2.95% |
iShares Core US Aggregate Bond AGG | $1,330 | 4.21% |
Vanguard Total Stock Market VTI | $1,230 | 1.32% |
Vanguard Total International VXUS | $980 | 2.91% |
Winmark Corp WINA | $620 | 1.11% |
Southside Bancshares Inc. SBSI | $530 | 2.42% |
Utah Medical Products Inc UTMD | $285 | 1.94% |
15 additional holdings are excluded from income because yield data isn't available for their tickers.
What's Moved In, Out, and Through Your Accounts
Cash flow from your connected accounts since May 21, 2024 (25 months tracked). Historical pre-tracking activity isn't included — only what we've observed.
You Put In vs. What It's Worth
Net new money you deposited since we started tracking, versus your current portfolio value. The gap is what the market did — for or against you — net of any withdrawals.
Market Contribution is computed against your starting balance when tracking began — it strips out the pre-tracking principal so the gap reflects what the market actually did over the tracked window.
Monthly breakdown Deposits, withdrawals, dividends, fees per month
| Month | Deposits | Withdrawals | Dividends | Fees |
|---|---|---|---|---|
| Jun 2025 | $3,010 | — | $1,190 | $80 |
| Jul 2025 | $3,010 | — | $1,140 | $80 |
| Aug 2025 | $3,010 | — | $1,320 | $80 |
| Sep 2025 | $3,010 | — | $2,050 | $80 |
| Oct 2025 | $3,010 | — | $1,170 | $84 |
| Nov 2025 | $3,010 | — | $1,180 | $80 |
| Dec 2025 | $3,010 | — | $2,140 | $80 |
| Jan 2026 | $3,010 | — | $1,190 | $80 |
| Feb 2026 | $3,010 | — | $1,160 | $80 |
| Mar 2026 | $3,010 | — | $2,180 | $80 |
| Apr 2026 | $3,010 | — | $1,180 | $80 |
| May 2026 | $2,260 | — | $760 | $54 |
Per-Account Returns and Income
Time-weighted return for each account since tracking began, plus a month-by-month look at the income each one actually paid you.
| Account | YTD | 2025 | Since May 21, 2024 | Dividends Received |
|---|---|---|---|---|
| Joint Taxable | +8.2% | +15.4% | +14.2% | $15,990 |
| 401(k) | +6.7% | +12.8% | +11.8% | $4,780 |
| Traditional IRA | +5.4% | +10.2% | +9.6% | $3,740 |
| Traditional IRA | +7.0% | +13.1% | +12.1% | $3,440 |
| Roth IRA | +10.4% | +19.8% | +18.4% | $2,440 |
| Roth IRA | −1.4% | −2.7% | −3.2% | $340 |
Income by Month
Dividends and interest received from your accounts, month by month — what was actually paid, not a forward estimate.
Your Returns vs the Market
Time-weighted returns since May 21, 2024 — TWR strips out the impact of when you contributed so your numbers compare cleanly against passive benchmarks.
Your portfolio lagged the S&P 500
Over the tracked period, your average balance was $1,231,000. Trailing the S&P by that margin cost you about $39,400 relative to a pure S&P 500 holding over the same window.
The Index-Fund Version of Your Target
Based on your target allocation, the closest passively-managed equivalent would be 60% VTI / 14% VXUS / 20% AGG / 6% GLD — rebalanced daily. The "Smart Blend" column below shows how that hypothetical portfolio would have performed over the same period.
Growth Over Time
Cumulative time-weighted return from May 21, 2024 to today. A point above a benchmark line means your portfolio outperformed it.
Period Returns
YTD = January 1 to today. Rolling 1yr / 3yr / 5yr columns are deliberately omitted — we don't fabricate pre-tracking history.
| Period | Your Portfolio | Smart Blend | S&P 500 | VBIAX (60/40) | VTI | AGG |
|---|---|---|---|---|---|---|
YTD |
+6.4% | +5.7% | +9.0% | +5.3% | +9.0% | −0.4% |
2025 |
+12.3% | +15.2% | +17.7% | +13.6% | +17.1% | +7.2% |
Since May 21, 2024 |
+18.7% | +21.5% | +21.9% | +14.6% | +21.4% | +6.1% |
TWR chains daily sub-period returns so contribution timing doesn't distort the result. All benchmark closes are dividend- and split-adjusted. VBIAX is Vanguard's actual 60/40 balanced fund — its 0.07% expense ratio is baked in. Your Smart Blend is a computed daily-rebalanced approximation since no real fund matches an arbitrary target. Past performance is not a guarantee of future results, and none of this is personalized investment advice.
Your Target Mix
Your portfolio is analyzed across 5 independent dimensions. Adjust any target below and the entire analysis recalculates in real time.
Gap Analysis
Where your current allocation differs from your targets. Each facet is analyzed independently - a single position can appear in multiple gap categories.
| Asset Class | Current | Target | Gap | Gap $ |
|---|---|---|---|---|
| US Equities | 56.6% | 45.0% | +11.6% | +$149K |
| International Equities | 7.2% | 17.0% | -9.8% | -$126K |
| Fixed Income | 1.7% | 12.0% | -10.3% | -$133K |
| Commodities & Gold | 3.2% | 5.0% | -1.8% | -$23K |
| Infrastructure | 7.8% | 5.0% | +2.8% | +$36K |
| Crypto | 5.0% | 3.0% | +2.0% | +$26K |
| Cash | 15.8% | 3.0% | +12.8% | +$165K |
| Defense | 0.8% | 4.0% | -3.2% | -$41K |
Problems Identified
Fee Exposure
The total cost of your current fund lineup and advisor fees, projected across your investment horizon.
Cumulative Fee Drag Over Time
What your data shows you can do about it
By optimizing fund expense ratios and evaluating whether ongoing advisory fees align with the services you receive, your portfolio data suggests potential savings of $3,350–$12,550 annually. The action plan below identifies specific options to consider.
Fund Cost Comparison
Funds in your portfolio with similar, lower-cost alternatives tracking the same or comparable indices. Savings compound significantly over time.
| Your Current Fund | Lower-Cost Alternative | Your ER | Alt ER | Annual Savings | 20yr Savings |
|---|---|---|---|---|---|
|
Artisan International Value
APDKX
Int'l Value · Active
|
Vanguard Intl Value
VTRIX
Int'l Value · Active
|
1.15% | 0.36% | $435/yr | $5,460 |
|
Lazard Global Infrastructure
GLIFX
Global Infrastructure · Active
|
iShares Global Infrastructure
IGF
S&P Global Infrastructure Index
|
0.98% | 0.41% | $395/yr | $4,960 |
|
Undiscovered Mgrs Behavioral Value
UBVLX
Small Cap Value · Active
|
Vanguard Small-Cap Value ETF
VBR
CRSP US Small Cap Value Index
|
1.05% | 0.07% | $186/yr | $2,330 |
|
Dodge & Cox Stock Fund
DODGX · 401k
Large Cap Value · Active
|
iShares S&P 500 Value ETF
IVE
S&P 500 Value Index
|
0.51% | 0.18% | $271/yr | $3,400 |
|
Pioneer Large Growth Fund
401k
Large Cap Growth · Active
|
Vanguard Growth ETF
VUG
CRSP US Large Cap Growth Index
|
0.89% | 0.04% | $691/yr | $8,670 |
|
MFS International Diversified
MDIZX · 401k
International · Active
|
Vanguard Total Int'l Stock ETF
VXUS
FTSE Global All Cap ex US Index
|
0.80% | 0.08% | $616/yr | $7,730 |
|
Harrison Street Real Assets
VCRRX
Real Assets · Active
|
Vanguard Real Estate ETF
VNQ
MSCI US REIT Index
|
1.25% | 0.12% | $91/yr | $1,140 |
Total potential fund cost savings
Across all identified alternatives, the data shows potential savings of approximately $1,125 per year, compounding to an estimated $33,710 over 20 years. Note: 401k fund options may be limited to your plan's available menu.
Action Plan
Priority-ordered options to consider, organized by account and impact. Each action addresses one or more gaps identified in your analysis. You decide which to pursue.
Options to consider for bond exposure in this account:
| Fund | Ticker | ER | Index / Strategy | Annual Cost on $75K |
|---|---|---|---|---|
| iShares 20+ Year Treasury | TLT | 0.15% | ICE US Treasury 20+ Year | $113 |
| iShares TIPS Bond ETF | TIP | 0.19% | Barclays US TIPS | $95 |
| Vanguard Total Bond Market | BND | 0.03% | Bloomberg Aggregate | $12 |
| Fund | Ticker | ER | Index / Strategy |
|---|---|---|---|
| Vanguard FTSE Developed Markets | VEA | 0.05% | FTSE Developed All Cap ex US |
| Vanguard FTSE Europe | VGK | 0.08% | FTSE Developed Europe |
| iShares MSCI Japan | EWJ | 0.50% | MSCI Japan |
| Fund | Ticker | ER | Index / Strategy |
|---|---|---|---|
| Vanguard FTSE Emerging Markets | VWO | 0.08% | FTSE Emerging Markets |
| iShares MSCI Emerging Markets | EEM | 0.70% | MSCI Emerging Markets |
Execution Plan
What to do and why - grouped by intent, then sequenced into a weekly timeline.
Reduce Fund Costs
Lower expense ratios without changing your strategy
Simplify Your Portfolio
Consolidate overlapping positions
Align Your Allocation
Bring your portfolio closer to your target mix
Tax-Advantaged Rebalancing
Deploy IRA and 401(k) cash into underweight positions. No tax consequences.
- Buy TLT in Traditional IRA ($31K)
- Buy TIP in Traditional IRA ($21K)
- Buy BND across Traditional IRAs ($38K)
- Buy VWO in Roth IRA ($10K)
- Switch Artisan Intl → VTRIX in 401(k)
- Switch Lazard Global Infra → IGF in 401(k)
Taxable Account - Simplify & Trim
Consolidate small positions and reduce concentrated holdings. Verify LTCG eligibility.
- Consolidate 12 small positions (~$88K)
- Trim NVDA from 259 to ~146 shares (~$21K)
- Evaluate IVV overlap (~$42K)
- Trim PAVE, MSFT, AVGO to target sizes (~$37K)
Taxable Account - Diversify
After settlement, deploy proceeds to target positions.
- Buy VEA, VGK, EWJ - International Developed ($61K)
- Buy VWO - Emerging Markets ($25K)
- Buy LMT, RTX, NOC - Defense ($31K)
- Buy XOM, CVX, GDX - Energy & Gold ($38K)
Verification
Review all trades. Confirm positions match targets, no wash sale violations.
Tax Considerations
Estimated tax impact of the taxable account changes outlined in the action plan. IRA transactions are tax-deferred and not included here. Consult your tax advisor before acting.
Estimated Capital Gains
Estimated Tax (15% LTCG)
Estimated Tax (20% LTCG)
With NIIT (23.8%)
Strategies to Consider
This is not tax advice. Tax situations are highly individual. Please consult a qualified tax professional before making investment decisions with tax implications.
Before & After
What your portfolio could look like if all recommendations are implemented.
Allocation Changes
Projected Allocation After Rebalancing
Projections assume all recommendations are implemented. Actual results will vary based on market conditions, timing, and individual circumstances.
Asset Location Optimization
Opportunities to reduce tax drag by placing assets in the right account types.
Location Issues
| Ticker | Holding | Current | Optimal | Reason | Annual Drag |
|---|---|---|---|---|---|
| VNQ | Vanguard Real Estate ETF | Taxable | IRA | REITs generate non-qualified dividends taxed at ordinary income rates. Holding in IRA eliminates annual tax drag. | $770 |
| SCHD | Schwab US Dividend Equity ETF | Taxable | IRA | High-dividend ETFs generate annual taxable income. Tax-advantaged placement defers all distributions. | $483 |
| MUB | iShares National Muni Bond ETF | Trad IRA | Taxable | Municipal bond income is already tax-exempt. Holding in IRA wastes the tax benefit and converts to ordinary income on withdrawal. | $892 |
| NVDA | NVIDIA Corp | Trad IRA | Taxable | Growth stocks benefit from long-term capital gains rates (15%) and step-up in basis. IRA converts all gains to ordinary income. | $328 |
Behavioral Insights
Common investor patterns detected in your portfolio - awareness is the first step.
Your portfolio shows 3 common behavioral patterns that may be affecting your returns.
Behavioral patterns are common among all investors and are not inherently negative. Awareness helps you make more intentional decisions aligned with your goals.
True Diversification
How diversified your portfolio really is, beyond position count.
You think you have 47 positions. You effectively have 15 independent bets. Multiple holdings in the same sector or asset class move together, reducing true diversification. Diversification score: 6/10 (fair).
Correlation Buckets
| Bucket | % of Portfolio | Holdings | Sample Tickers |
|---|---|---|---|
| US Large Cap Growth | 24.8% | 18 | NVDA, AAPL, MSFT, AMZN, META |
| Cash & Equivalents | 15.8% | 6 | SGOV, Money Market, Settlement |
| Structured Products | 12.1% | 8 | Various buffered notes |
| US Large Cap Value | 11.2% | 14 | IVV, SCHD, JPM, UNH |
| Infrastructure | 7.8% | 3 | PAVE, GII, IGF |
| International Developed | 5.4% | 4 | VXUS, EFA, ARTIX |
| Crypto | 5.0% | 2 | BTC, ETH |
| Gold & Miners | 3.2% | 3 | IAU, GDX, GDXJ |
| Fixed Income | 1.7% | 2 | AGG, BND |
Analysis Summary
A plain-language overview of your portfolio analysis findings.
Portfolio Composition
Your household portfolio of $1.29M is spread across 6 accounts with 47 individual positions. The Joint Taxable account holds 50.6% of total assets and contains 24 individual stocks, ETFs, structured notes, and gold. The remaining assets are distributed across two Traditional IRAs, two Roth IRAs, and a 401k plan.
Your portfolio is currently positioned as an aggressive growth portfolio - approximately 88% equity with zero dedicated bond exposure. For a 50-year-old household 15 years from retirement, this allocation carries higher volatility risk than your stated moderate risk tolerance suggests.
Key Findings
The analysis identified several areas where your current allocation differs significantly from your stated targets. The most notable gaps include: a $133K shortfall in fixed income, a $214K shortfall in international developed market exposure, zero emerging market exposure, and $165K in excess cash earning minimal returns.
Your technology sector exposure at 30% is well above typical concentration guidelines. NVIDIA alone represents 4.6% of the total portfolio. While these positions have performed well historically, concentrated sector bets increase vulnerability to sector-specific downturns.
On the positive side, your portfolio has a strong cost foundation. Most individual stocks carry no ongoing fees, and your core ETF positions (IVV, PAVE, IAU) have competitive expense ratios. The primary fee optimization opportunity is in the actively managed mutual funds, where lower-cost index alternatives could save approximately $1,125 per year.
Context: Hard Assets
It is worth noting that this analysis covers only your investable securities portfolio. Households with significant hard assets - real estate, business equity, or other illiquid holdings - may reasonably target different allocations in their securities portfolio. For example, substantial real estate holdings could justify a lower bond allocation, since real estate already provides inflation protection and income characteristics similar to bonds.
Important: Unmanaged provides data-driven portfolio analysis tools. This report presents your portfolio data alongside educational context about asset allocation, fees, and diversification principles. This is not investment advice, and Unmanaged is not a registered investment advisor.
All recommendations are framed as options to consider based on your self-selected targets. Past performance does not guarantee future results. Tax implications are estimates only - consult a qualified tax professional. Fund alternatives are suggested based on similar index exposure and lower expense ratios; they are not endorsements.
You are responsible for all investment decisions. Consider consulting a qualified financial professional before making significant portfolio changes.
Report generated April 10, 2026 · Data as of market close April 9, 2026