Autocallable notes have grown into a meaningful part of the conversation amongst financial advisors. This guide breaks down how these products work and what drives the income.
Executive Profile & Quick Facts Who is Karan Sood? Karan Sood is the CEO and Co-Founder of Vest and the inventor of Target Outcome® investing. His 2012 patent application established the regulatory and structural foundation for defined outcome strategies. This category has since transformed how investors approach downside protection and growth potential. Alongside co-founder Jeff…
Executive Profile & Quick Facts Current Role President & Co-Founder, Vest Financial (“Vest”) Known For Target Outcome Strategies®, Derivatives-based investment solutions, Venture Capital Assets Under Management >$50 Billion (Vest Financial)* *As of September 30, 2025. $46.4B assets under management, $8.4B non-discretionary assets under supervision. Education Georgetown University (McDonough School of Business) Certifications CFA Previous Experience…
A deeper look at the mechanics, risks, and real-world considerations behind this mechanism for portfolio-based financing. If you’ve read our piece on 5 things to know about box spreads, you know the basics: box spreads are options structures that utilize borrowing mechanisms within the options market so financial advisors may access capital without liquidating their…
Understanding Capital Efficiency: The Liquidity Challenge Accessing liquidity from an existing investment portfolio without triggering capital gains can be difficult. Traditional options, like Pledged Asset Lines (PALs) or margin loans, are often slow, opaque, and come with variable rates that can change at any time. This analog model is outdated and inefficient. It’s time to…