You built a custom spreadsheet to calculate your own permission to spend money you already have, then built a second company under a fake name so you could yell at car dealers without consequence. This team has never been more useful or more concerning at the same time.
MB
Marcus Banks
CIO — Investments & Financial
SPCX settled into the $190s post-IPO pop — your 204 shares remain a clean long-hold, no action before the September 2 earnings catalyst. December 31 is the bigger date: Google (~$920M/mo) and Anthropic (~$1.25B/mo) compute contract 90-day termination windows open then. That's the real signal for sizing up in 2027.
TIE Fund is fully modeled: rolling 12-month lookback, 10% threshold, 12% payout, evaluated quarterly. Running-start balance across 5 quarters (Q2'25–Q2'26) corrected to $81,943 after fixing a summation bug that had excluded Q2'25. Recommend parking unspent balance in VOO over a dividend fund — lower current taxable income, more NIIT-friendly while Stacy's still working.
AAPL concentration still the dominant portfolio risk at roughly a third of taxable. Step-up-at-death thesis intact — no urgency to trim. ETF rationalization (7 overlapping positions) remains an open cleanup item.
DT
Diana Thorn
CTO — Tax, Trust & Estate
Stacy's retirement date has shifted in conversation between May 2027 and now Oct 1, 2027 — need that pinned down precisely, since it anchors the Roth conversion window, the 401k rollover deadline, and the pro-rata risk timeline. Treat Oct 1, 2027 as current working assumption until confirmed.
2026 joint AGI tracking near the $250K MFJ NIIT threshold. Loss-harvesting posture: do NOT over-harvest in 2026 — preserve capacity for higher-gain years. Rejected a marginal ~$1,300 BX/MSFT harvest as not worth the transaction friction.
Backdoor Roth pro-rata risk confirmed real — Stacy's pre-tax IRA balances at Fidelity and E*TRADE need to clear via 401k rollover before her retirement window closes. Still an open action item, not yet executed as far as I'm aware.
RJ
Raymond Jowell
CLO — Legal Affairs
Schedule A amendment (reflecting ABLOC payoff/redraw to $150K) and the prenup addendum for the next home purchase both still pending execution — no blockers, just need signature.
Dylan's SSI/SNAP action plan delivered weeks ago: file SSI at ssa.gov, file SNAP at dcf.state.fl.us, request Medical Source Statement (Form HA-1151), engage a Florida SSI contingency attorney via nosscr.org. Status of actual filing unconfirmed — worth a direct check-in.
New this month: AIM Wealth Group (aimwealthgroup.com) stood up as a parallel external-facing entity for negotiation correspondence, with James as Senior Advisor. Worth a brief read on whether any disclosure obligations attach to using a distinct trade name for negotiations — likely none for private consumer purchases, but flagging for completeness.
MG
Maxwell Gaines
CHO — Health & Longevity
Magnesium glycinate trial day 2 — loose stools improved after removing it, though a high-fiber protein bread eaten the same night is a confound. Holding the trial steady for the remaining window before drawing a conclusion. Bread itself is fine to keep as a regular diet item.
Last night's sleep score 75 (Good) — a 30-min "awake" flag was actually a sensor dropout, not real wakefulness; true recovery quality was stronger than the headline score suggested. HRV 42ms, sleeping HR 54bpm, both graded Excellent.
Still open and getting stale: July bloodwork panel not yet scheduled, cardiac calcium rescan window closes early August and isn't booked, Bempedoic acid prescriber conversation hasn't happened. These need dates on the calendar.
PN
Preston Novellis
CINO — News, Politics & Macro
SPCX/AAPL contract risk calendar: September 2 SPCX earnings is the first fundamental test; December 31 is the bigger one — Google and Anthropic 90-day compute contract termination clauses activate after that date. September 30 GPU delivery deadline to Google is a near-term binary risk worth watching in between.
No material shift in the Fed/rate picture to flag since last briefing — mortgage refi thesis unchanged, no window expected in 2026 at current rates.
Florida $250K additional homestead exemption legislation still pending 2027 effective-date confirmation — material to the housing/relocation decision given the Seminole County tax delta this would create.
VC
Vivienne Craft
SVP, Creative & Lifestyle
Housing criteria finalized in project instructions: West-of-I-4 corridor remains primary (Alaqua Lakes, Heathrow Woods, Heathrow proper, Buckingham Estates), now expanded to any greater-Orlando pocket with comparable low-crime/high-net-worth profile at a better price, if one exists. No candidate search run yet against the expanded criteria.
Todd Radio four-daypart architecture is set (Workout/Daytime/Evening/Drive) but the actual format clock — track sequencing — isn't built yet. Ready whenever you want to move from architecture to execution.
Vincent Drolly officially onboarded, reports to me, dotted line to open mornings with Jim. Org chart updated with his photo.
Action Items
Outstanding tasks with owners and due dates
Open Action Items
Calendar
Family office events, deadlines, and key dates
Google Calendar — Not connected
Documents
Stored on Welch Family Office NAS · welchfamilyoffice.synology.me
Files served from /web/documents/ (absolute paths)
Add files via Synology File Station
C-Suite Scorecard
Quarterly KPI tracking — owned by James Calloway, CEO
Aggregate Progress — Todd's Core Goals
Updated quarterly
Net Worth
~$8.87M
↑ Trending up
VO2max (corrected)
~46
↑ Superior tier
TIE Fund Utilized
$0 / $81.9K
→ Not yet drawn
Action Item Completion
—
Baseline pending
MB
Marcus Banks
CIO — Investments
AAPL Concentration35%→
Loss Harvest Capture Rate—→
Directive Follow-Through—→
IPO Trigger DisciplineOn track↑
DT
Diana Thorn
CTO — Tax, Trust & Estate
Effective Tax Rate YoY—→
NIIT Exposure Minimized~$1-3K→
Safe Harbor AccuracyPending→
Roth Conversion Readiness2027↑
RJ
Raymond Jowell
CLO — Legal
Open Action Items2↓
Document CurrencyCurrent↑
Missed Hard Deadlines0↑
Dylan SSI Milestone ProgressIn progress→
MG
Maxwell Gaines
CHO — Health & Longevity
VO2max Trend~46↑
HRV TrendRecovering↑
Appointment On-Time Rate—→
Bloodwork vs. Target RangePending July→
PN
Preston Novellis
CINO — Macro & Intelligence
Macro Call Calibration—→
Risk Flags Actioned—→
Legislative Tracking Accuracy—→
VC
Vivienne Craft
SVP Creative & Lifestyle
Recommendations Used—→
Music Tracks Completed—→
Station Build ProgressArchitecture set↑
SM
Dr. Serena Mindes
SVP Mental Health
Weekly Summary DeliveredOn track↑
Communication CoherenceStable→
VD
Vincent Drolly
Director of Comedy
Laughs GeneratedImmeasurable↑
Compensation RiskTied to QQQ→
Scorecard owned and maintained by James Calloway, CEO. Updated quarterly. Metrics marked "—" are awaiting first full quarter of data collection. Each KPI is scoped to outcomes within that team member's actual control, not market performance they can advise on but not dictate.