A proposal that is computed, not typed.

Every figure comes from a daily return database and from adjusted daily closes for your own holdings. Nothing is a hardcoded marketing number. Fill in what you know, upload a statement if you have one, and the PDF builds itself.

01 · Who this is for

Client and objective

This is what prints on the cover and in section 01. If you are an advisor preparing this for a client, put the client’s name here and yours in the preparer field.

Client name Client email (required) Prepared by Proposal date Risk profile Time horizon Questionnaire score (optional)?

Primary objective Accounts in scope

Liquidity or tax constraints

Report format?

Two layouts from the same data. Most advisors polled preferred the executive summary; the full analysis adds the seven per-window performance charts.

02 · What they hold now

Current portfolio?

Drop in a brokerage statement, paste a holdings list, or type positions manually. Everything is parsed and priced in this browser tab — nothing is uploaded to Bull Run or to any third party.

Drop your statements here — all of them at once PDF, CSV, TSV or plain text · one file per account is fine · or click to choose a file

Your statement never leaves this device. The file is read by JavaScript running in your own browser and converted to a list of symbols and values. It is never transmitted to Bull Run, never stored on a server, and disappears when you close this tab. Only the numbers you see in the table below are used, and only to build your PDF. If you would still rather not, email the statement to cpassarelli@bullrunim.com or ask for a Black Diamond vault login and we will build it on our end.

Or paste a holdings list

Each position is assigned an asset-class category. Where a holding has no price history for part of the window — it did not exist yet, it no longer trades, or no data is available — that category’s benchmark index carries it through the gap, which is how Morningstar and YCharts handle the same problem. Categories are guessed from the symbol and name; change any that look wrong.

Positions

Symbol	Name	Market value	Weight	Category benchmark	Actual history
	Total	—	100.00%

03 · What we propose instead

Recommended allocation?

Pick one of the five risk-profile models, the four-strategy equal split, or build a custom blend. Annualized figures are computed live from the performance database, net of the advisory fee selected in the next step.

Custom blend?

Total 100%

04 · What it costs

Advisory fee?

The proposed allocation is always shown net of this fee. Benchmarks and the current portfolio stay gross — the fee is only ever charged against Bull Run, never against the thing Bull Run is measured against.

Tier	Rate	Assets in tier	Annual fee

Effective blended rate —

Accounts and tax?

Split the portfolio across registrations. Asset location puts the fastest-growing sleeves in the most sheltered accounts, and tax drag is applied to the taxable portion only — the same logic the Strategy Backtester uses.

Taxable brokerage Traditional IRA Roth IRA 401(k)

?

Apply tax drag Marginal bracket Current portfolio turnover drag

Rebalancing? Carry the current portfolio back by

Rebalancing is passed through to the Strategy Backtester link, so the two always agree. Share counts means a position that has multiplied since 2008 was a small slice of the portfolio back then — percentages would assume the client always held today's winner at today's weight.

Strategy drag rates are fixed: Innovation 35%, Growth / Core / Low Volatility 15%, Bonds 100% of annual gains realised each year.

Account structure recommendation?

Override the math. Name each account exactly as it will be titled, pick the registration and the single strategy it holds, and set the amount. One strategy per account — add a second row for the same registration if it needs to hold more than one. This replaces the computed page entirely.

Account title	Registration	Strategy	Amount
Total			—

Note to the client (optional)

What the current portfolio costs today?

Most people already pay something.

Their advisory fee Their advisory fee rate? Their fund expense ratios??

Looked up from the tickers — add holdings first

Bull Run fund expense ratios

—

Computed from the live holdings, not entered — the Bull Run sleeves are directly-owned stock, so the only fund cost comes from the few ETF and ETN positions and the bond sleeve. It moves with the allocation you picked in step 3.

Expense ratios are already inside the returns on both sides — they come out of fund NAV before the price you see. They are collected here only so the cost comparison is complete, and they never change a computed figure. The advisory fee is the one that can be deducted, and only if you choose "deduct".

Contributions and withdrawals?

Section 07 replays your actual money through history — a starting amount plus a monthly flow. Use a negative number to model withdrawals in retirement.

Starting amount? Monthly contribution (− to withdraw)? Start date

05 · The deliverable

Generate the proposal?

A vector PDF — real embedded text, hand-drawn charts, the locked Bull Run template. It is searchable, it prints at any size, and it is a fraction of the file size of a screenshot report.

Send a copy of this proposal to Bull Run so we can review it and follow up. Your uploaded statement is never sent — only the finished report. Also ask Bull Run to set up a secure document vault through Black Diamond, so I can share statements without emailing them.