You can have it both ways.
FOR HIGHLY APPRECIATED, CONCENTRATED STOCK
Lock in your gains — or keep compounding?
Your gains — protected. Your upside — still in play. The tax — deferred. The borrowing — deductible.
A Monte Carlo simulation of a concentrated position shows how an options collar works: a floor that locks in profits, in exchange for a cap on upside, with how much upside you keep a function of time and your protection level. Learn more
Compound your gains, tax-deferred
TAX-DEFERRED DIVERSIFICATION
A well-designed hedge can lock in a downside floor while preserving meaningful upside — often at zero net premium — without triggering an immediate sale.
How zero-cost collars work: Premium collected from selling an upside call funds the protective put. Strike selection sets the floor, the ceiling, and the net cost — calibrated to your tax basis, holding period, and downside tolerance.
Protect, then unlock borrowing capacity
LIQUIDITY
Access up to ~80% of the protected value for diversification or liquidity, including tax-deductible borrowing, at generally much lower cost than margin interest rates:
- Floating rate: 4.15%–4.40% — 30–60 day rolling term. Flexible repayment; No long-term commitment; Rate adjusts with benchmark rates.
- 3-year fixed: 5.23%–5.42% — 3-year fixed term. Locks in projected rate cuts; Can renew at the end of the term; No interest payment for 3 years; Rate risk applies to prepayment.
- 5-year fixed: 5.27%–5.62% — 5-year fixed term. Suited to real-estate borrowing; Can renew at the end of the term; No interest payment for 5 years; Rate risk applies to prepayment.
Excludes advisory fees. Source: SyntheticFi, Oct. 2026.
Learn about portfolio borrowing
Hedge with a fiduciary
RIA: Registered Investment Advisor
Gain access to leading concentrated-stock hedging structures — options collars, prepaid variable forwards, exchange funds, and tax-aware liquidity strategies — selected as a fiduciary, nothing else. No proprietary products, no lock-in: best-fit structures, competitively priced.
IMPACT Direct
Direct
“Access + fiduciary oversight”
Full access to the IMPACT Protect℠ suite with fiduciary oversight — without the full-service wrapper.
- Full access to best-of-breed tax-aware solutions
- Fiduciary onboarding
- Streamlined onboarding
- À la carte advisor support if you need more
Who IMPACT Direct is for
The full IMPACT Protect℠ suite is now available to sophisticated investors who want fiduciary access to options collars, prepaid variable forwards, exchange funds, and other concentrated-stock hedging structures — without the full-service wrapper of financial planning, education, and 'white glove' onboarding.
IMPACT Direct, with streamlined onboarding, may be a fit for you if:
- You seek a fiduciary who can navigate a myriad of options but not the full package of comprehensive wealth management and planning.
- You no longer need the 'white glove' service level and pricing of your existing advisor.
The initial consultation is complimentary — a chance to determine mutual fit. IMPACT Direct clients get three onboarding calls with a fiduciary to smooth the onboarding, with additional advisor support available à la carte.
Comprehensive Wealth Management
Full-service
“Integrated financial advice”
Concierge onboarding, end-to-end fiduciary handling, ongoing oversight. We are the coach and quarterback.
- End-to-end account set-up
- Hedge structure & strike selection
- Ongoing position oversight
- Integrated tax & financial planning
Why full-service for hedging
Hedging a concentrated position is disciplined risk management that delivers powerful results — precisely because of its complexity.
Strike selection, expiry calibration, vol sensitivity, and tax-lot consequences all interact. As your fiduciary, we handle it end-to-end: structure design, counterparty selection, execution, and ongoing oversight as the position and the market evolve.
The case for hedging.
Stock Hedging Visualizer
“Hedging a concentrated position isn't about timing the market — it's about defining your downside while leaving room for the upside you still believe in.” — Jason Escamilla, ImpactAdvisor
ImpactAdvisor · Client Briefing
“When tax-aware investment technology gets this good, the question for concentrated-stock holders shifts from 'should I diversify?' to 'can I afford not to hedge?'” — Jason Escamilla, ImpactAdvisor
Wealth protection — and tax deferral tech:
- “One of the top-10 trades, all time on Wall Street.” — Mark Cuban's Concentrated Stock (video: Concentrated Stock Risk Video Series Intro)
- Is tax-aware investment tech getting TOO GOOD? — A sports tech analogy — “tech doping” (video: What is Tech Doping?)
Do you seek to protect your gains while achieving liquidity and diversification?
Best-of-breed, strategy by strategy, for high-tax-bracket investors and entrepreneurs.
About ImpactAdvisor
Private wealth management · alternatives · tax strategy.
Our client mix
- 40% — $10M+ in assets
- 40% — $2.5M–$10M in assets
- 20% — Up to $2.5M in assets
Source: 2026 AUM client-revenue mix, segmented by client-asset profile.
Experience: Our client-facing advisors each bring 25+ years of experience.