HARPIAN — Guided Presentation

HARPIAN · Intelligence Terminal

Before We Begin

Set up your
session.

Enter the details below to personalise this guided presentation for your client.

Family Office Name

Manager / Advisor Name

Contact Email

Password (to access terminal)

HARPIAN Intelligence Terminal · Family Office Edition

Your environment is
ready.

Family Office data loaded. We'll guide you through a complete risk alignment diagnostic — step by step, without friction.

Step 3 · Family Office

Family Office
Mandate

13 institutional questions. The FO Risk Score will be revealed at the end of collection.

🔒

FO Risk Score

Waiting for answers

PROGRESS0 / 13

01 / 13

What is the primary objective of the mandate/ETP for the Family Office client base?

A. Capital preservation above all else

B. Moderate growth with strong protection

C. Above-market growth with partial protection

D. Return maximization accepting high volatility

02 / 13

What maximum drawdown (peak-to-trough) do you consider acceptable before revising the strategy?

A. 5–8%

B. 9–12%

C. 13–20%

D. >20%

03 / 13

In a scenario of −12% in 30 days (rapid stress), which action do you consider most appropriate?

A. Reduce risk quickly and prioritize preservation

B. Reduce partially and reassess regime

C. Hold and wait; minimal adjustments

D. Increase risk to capture recovery

04 / 13

What horizon do you consider "true" for evaluating mandate success?

A. 12–24 months

B. 3–5 years

C. 5–10 years

D. 10+ years (multigenerational)

05 / 13

What is the capital usage pattern by your clients (withdrawal flow) within the mandate?

A. Predictable and frequent withdrawals; total priority is capital stability

B. Occasional withdrawals; stability is priority but accepts moderate variation

C. Rare withdrawals; focus is growth with regime-based protection

D. Capital mostly locked by conviction; accepts greater variability for superior return

06 / 13

What investment universe do you authorize for the mandate (ex-crypto)?

A. Broad global multi-asset with clear limits

B. Broad global, more conservative (less EM/FX)

C. Global with strong risk asset bias

D. Maximum freedom within traditional assets

07 / 13

How do you define "real risk" in multigenerational management?

A. Volatility and nominal loss risk

B. Drawdown and recovery time

C. Relative underperformance in the cycle

D. Missing upside opportunities

08 / 13

What stance do you prefer in systemic crisis regimes?

A. Automatic risk-off and active protection

B. Progressive exposure reduction and partial hedge

C. Maintain core and reduce only if it persists

D. Maintain / increase risk to capture reversals

09 / 13

For the committee and stakeholders, which success KPI is most valued?

A. Stability and preservation (low maximum loss)

B. Consistency with moderate volatility

C. Long-term outperformance accepting variations

D. High absolute return (even with high dispersion)

10 / 13

In periods of stress, what level of "downgrade" (temporary risk reduction) do you expect the mandate to execute?

A. Fast and strong downgrade (priority: preservation)

B. Moderate and progressive downgrade

C. Light downgrade (preference for maintaining exposure)

D. Minimal or no downgrade (priority: capture recoveries)

11 / 13

How much discretion do you accept on top of the quantitative system?

A. Minimal; clear rules and few exceptions

B. Some; rare exceptions in extreme events

C. Moderate; committee can guide adjustments

D. High; committee decides allocations frequently

12 / 13

What level of operational complexity can your MFO sustain?

A. Low complexity (simple reports and predictability)

B. Moderate (explanation of regimes and overlays)

C. High (multi-asset, rotation, technical discussions)

D. Very high (frequent changes and greater technical depth)

13 / 13

In terms of "ideal mandate", which phrase do you most agree with?

A. "Not losing is more important than winning."

B. "Winning well and losing little is the balance."

C. "I accept losing more to gain more in the cycle."

D. "I prefer high variance if the upside is superior."

Return Expectation

5-Year Horizon

Target Portfolio Value $200,000

$100k$200k$300k$400k

Total Return

+100%

Annual CAGR

14.9%

Define your desired outcome before we assess the risk required to pursue it.

Step 4 · Individual Client

Client's True
Risk Tolerance

13 behavioural questions. The real Risk Number is revealed at the end — not what the client thinks they can tolerate.

🔒

Client Risk Score

Waiting for answers

PROGRESS0 / 13

01 / 13

In general, how would your best friend describe you as a risk taker?

A. A real gambler

B. Willing to take risks after completing adequate research

C. Cautious

D. A real risk avoider

02 / 13

You are on a TV game show and can choose one of the following. Which would you take?

A. $1,000 in cash

B. A 50% chance at winning $5,000

C. A 25% chance at winning $10,000

D. A 5% chance at winning $100,000

03 / 13

You have just finished saving for a "once-in-a-lifetime" vacation. Three weeks before you plan to leave, you lose your job. You would:

A. Cancel the vacation

B. Take a much more modest vacation

C. Go as scheduled, reasoning that you need the time to prepare for a job search

D. Extend your vacation, because this might be your last chance to go first-class

04 / 13

If you unexpectedly received $20,000 to invest, what would you do?

A. Deposit it in a bank account, money market account, or an insured CD

B. Invest it in safe high quality bonds or bond mutual funds

C. Invest it in stocks or stock mutual funds

05 / 13

In terms of experience, how comfortable are you investing in stocks or stock mutual funds?

A. Not at all comfortable

B. Somewhat comfortable

C. Very comfortable

06 / 13

When you think of the word "risk" which of the following words comes to mind first?

A. Loss

B. Uncertainty

C. Opportunity

D. Thrill

07 / 13

Some experts are predicting hard asset prices (gold, real estate) to increase; bond prices may fall. Most of your assets are in high-interest government bonds. What would you do?

A. Hold the bonds

B. Sell half bonds → money market; half → hard assets

C. Sell all bonds and put the total proceeds into hard assets

D. Sell bonds, put all in hard assets, and borrow more to buy more

08 / 13

Given the best and worst case returns of the four investment choices below, which would you prefer?

A. Best: +$200 / Worst: $0

B. Best: +$800 / Worst: −$200

C. Best: +$2,600 / Worst: −$800

D. Best: +$4,800 / Worst: −$2,400

09 / 13

In addition to whatever you own, you have been given $1,000. You are now asked to choose between:

A. A sure gain of $500

B. A 50% chance to gain $1,000 and a 50% chance to gain nothing

10 / 13

In addition to whatever you own, you have been given $2,000. You are now asked to choose between:

A. A sure loss of $500

B. A 50% chance to lose $1,000 and a 50% chance to lose nothing

11 / 13

Suppose a relative left you an inheritance of $100,000, stipulating that you invest ALL the money in ONE of the following choices. Which one would you select?

A. A savings account or money market mutual fund

B. A mutual fund that owns stocks and bonds

C. A portfolio of 15 common stocks

D. Commodities like gold, silver, and oil

12 / 13

If you had to invest $20,000, which of the following investment choices would you find most appealing?

A. 60% low-risk / 30% medium-risk / 10% high-risk

B. 30% low-risk / 40% medium-risk / 30% high-risk

C. 10% low-risk / 40% medium-risk / 50% high-risk

13 / 13

Your trusted friend, an experienced geologist, is putting together a group to fund an exploratory gold mining venture. It could pay 50–100× the investment if successful, but is worthless if it fails. Success probability: 20%. How much would you invest?

A. Nothing

B. One month's salary

C. Three month's salary

D. Six month's salary

Step 5 · Financial Objective

Target Risk Engine

Over a 5-year horizon from $110,000 — every target implies a level of risk you must be prepared to take.

Target Portfolio Value in 5 Years (USD)

$

Adjust your target outcome

$110k$160k$205k$255k$300k

—

Risk No.

Enter a target to calculate

Estimated Risk Number based on the Nitrogen downside-to-RN interpolation model. This is the implied risk appetite required to pursue your target.

RN powered by Nitrogen

Target return is not risk tolerance. This engine translates your desired outcome into the volatility and downside you may need to withstand. Two clients can share the same return target while having very different risk capacities.

⚠ High-Risk Path Detected

Your target implies a high-risk path. In a 6-month stress scenario, this portfolio may need to withstand a drawdown of approximately —.

Are you prepared to tolerate this level of downside in pursuit of your target?

Live Calculations

All figures update in real time as you adjust your target.

Required Annual Return

—

CAGR over 5 years

Required 6-Month Return

—

Compound semi-annual

Implied Volatility

—

Annualized · market-adjusted

Potential 6-Month Downside

—

95th percentile · Nitrogen method

Potential 6-Month Upside

—

95th percentile range · best case

Set a target value above to see your full risk profile.

* Required to proceed · Initial investment: $110,000

Step 6 · Portfolio Alignment

Portfolio Alignment Engine

Compare the Family Office mandate, the client's behavioral risk, and the return target required to pursue the desired outcome.

Select Alignment Reference

Family Office Mandate

—

Institutional risk profile

Client Behavioral Risk

—

Tolerance revealed by answers

Return Target

—

Risk required to pursue target

Interpretation

Select a reference to begin alignment analysis.

Live Risk Calculations

All figures update as the alignment reference or target outcome changes.

Selected Risk Number

—

RN powered by Nitrogen

Select a reference path on the left to begin.

Required Annual Return

—

Implied Volatility

—

6-Month Expected Return

—

Potential 6-Month Downside

—

Potential 6-Month Upside

—

Adjust Target Outcome

$200,000

$100k$200k$300k$400k

Target return is not risk tolerance. This engine translates the desired outcome into the volatility and downside the client may need to withstand.

⚠ High-Risk Path Detected

This target may require withstanding a significant 6-month drawdown.

All investing involves risk, including possible loss of principal. No investment strategy can guarantee a profit or protect against loss. Risk Number and benchmark comparisons are provided for analytical alignment purposes only.

Step 7 · Portfolio

Ref: —

Arquitetura de Portfólio

Selecione uma arquitetura de portfólio modelo baseada no perfil comportamental e na distribuição estratégica de ativos.

📋

Upload do Portfólio do Cliente

CSV · XLSX · Custódia · Allocation File

Faça upload do portfólio atual do cliente para análise comportamental, regional e estrutural.

ou use um modelo abaixo

Conservative

United States

Risk Number

38

Regional

🇺🇸 US 100%

Asset Mix

RF 57%RV 43%

VOL 6–9%·HRZ 3y+

Preservação de capital em USD. Renda fixa americana de alta qualidade.

Conservative

Brazil

Risk Number

48

Regional

🇧🇷 80%🇺🇸 20%

Asset Mix

RF 88%RV 12%

VOL 7–10%·HRZ 3–5y

Mandato conservador em BRL com exposição mínima a equities e risco reduzido.

Cons.-Moderate

Global

Risk Number

52

Regional

🇧🇷 70%🇺🇸 20%🇪🇺 10%

Asset Mix

RF 58%RV 42%

VOL 8–11%·HRZ 3–5y

Diversificação global ancorada em renda fixa brasileira e acesso internacional.

Moderate

United States

Risk Number

58

Regional

🇺🇸 US 100%

Asset Mix

RF 28%RV 70%₿ 2%

VOL 10–13%·HRZ 5y+

Crescimento moderado com maior peso em equities americanas e componente crypto.

Balanced Moderate

Global

Risk Number

62

Regional

🇧🇷 55%🇺🇸 40%🇪🇺 5%

Asset Mix

RF 51%RV 49%

VOL 11–14%·HRZ 5y+

Arquitetura multi-mercado com equilíbrio entre classes de ativos e regiões.

🇺🇸

Estados Unidos

—

Renda Fixa—

Renda Variável—

Perfil—

🇧🇷

Brasil

—

Renda Fixa—

Renda Variável—

Perfil—

🇪🇺

Europa

—

Renda Fixa—

Renda Variável—

Perfil—

Step 8 · Diagnosis

Misalignment identified.

Alignment reference: —

—

Family Office · Mandate

—

Teto institucional · / 99 scale

—

GAP FO

—

Current Portfolio

—

Risco assumido pelo cliente · / 99 scale

—

GAP CLIENTE

—

Client · Real Tolerance

—

Tolerância revelada pelo questionário · / 99 scale

Diagnosis · Summary

O portfólio assume mais risco do que o cliente tolera — e mais do que o mandato permite. E ainda entrega retorno insuficiente para atingir o objetivo financeiro. Esta é a incongruência que precisa ser resolvida.

What You're Costing Your Clients

$8.2M AUM · 7.2% current vs 9.6% HPC22 · 5-year projection

— HPC22 · 9.6% p.a. - - Current · 7.2% p.a.

Crisis Scenarios

How HPC22's StormGuard protected capital in real drawdowns

2022 · Bear Market

Portfolio

−34%

HPC22

−8.4%

2020 · COVID Crash

Portfolio

−28%

HPC22

−11.2%

2018 · Q4 Sell-off

Portfolio

−19%

HPC22

−5.8%

StormGuard detecta deterioração de regime e rotaciona para T-Bills automaticamente — limitando drawdown sem intervenção manual.

Step 9 · Comparison

Portfolio vs HPC22

Relative to your selected alignment, here is how your portfolio performs against the target structure.

Current Portfolio

Unmanaged Risk

Metric

HPC22

Aligned Strategy

18.4%

Volatility

−24% lower ↓

14.0%

−34%

Max Drawdown

75% shallower ↓

−8.4%

0.61

Sharpe Ratio

+149% higher ↑

1.52

7.2%

CAGR (5yr)

+53% higher ↑

11.0%

RN 84

Exceeds mandate

Risk Number

−19 pts aligned ↓

RN 65

Within mandate

🏆

HPC22 leads on risk-adjusted return. Superior drawdown protection and a Risk Number of 37 — aligned with the mandate.

Efficiency Profile

Risk-Adjusted Coverage Area

HPC22

PORTFOLIO

Efficiency Gap

~81%

of HPC22 coverage
not being captured

The red polygon occupies ~19% of the area of HPC22's green polygon. Every unit of return the client earns costs disproportionately more risk — this is the misalignment in visual form.

Step 10 · The Solution

Meet HPC11 and HPC22

StormGuard Active T+2 Liquidity RN Aligned

Strategy One · ETF-Based

HPC11

Conservative · Lower Drawdown · Defensive

RN 30–38 StormGuard

Target Volatility10–15%

Max Drawdown−18%

Expected Return11–15%

Sharpe (5yr)1.38

Suggested Allocation10–15% AUM

★ RECOMMENDED

Strategy Two · Equities

HPC22

Growth Alignment · Higher Return · Momentum

RN 35–42 StormGuard + TLH

Target Volatility20–30%

Max Drawdown−26%

Expected Return35–45%

Sharpe (5yr)1.52

Suggested Allocation20–30% AUM

StormGuard · Automatic Protection

Detects market regime deterioration and rotates to T-Bills automatically. 2022: HPC22 −8.4% vs S&P −19.4% · 2020: −11.2% vs −34%.

Step 11 · Positioning

Adjust Allocation

HPC11 Allocation

0%

0%25%50%

ETF-based · Conservative · RN 45–60

HPC22 Allocation

20%

0%25%50%

Equity-based · Growth · RN 60–80

Remaining Portfolio

80%

Maintained in current portfolio

Alignment Status

Risk Number — calculating...

Drawdown — calculating...

Volatility — calculating...

Return — calculating...

Before · Current Portfolio

84

Risk Number

Volatility18.4%

Max Drawdown−34%

Sharpe Ratio0.61

CAGR7.2%

Alignment38/100

→

+20%
HPC22

After · With HPC Applied

72

Risk Number

Volatility14.2%

Max Drawdown−21%

Sharpe Ratio1.30

CAGR9.6%

Alignment86/100

Risk Number

84

72

↓ −12 pts

Volatility

18.4%

14.2%

↓ −4.2 pts

Sharpe Ratio

0.61

1.30

↑ +0.69

Alignment

38

86

↑ +48 pts

Risk vs Return · Market Positioning

● Portfolio ● SPY ● HPC11 ● HPC22 ◌ Blended

5-Year Projection — $8.2M AUM

— With HPC · ~9.6% p.a. - - Without HPC · ~7.2% p.a. 5-year diff: +$2.5M

86

Alignment

Final Result

Portfolio aligned.
What's next?

You now have a complete diagnosis and a clear solution. How would you like to proceed?