Custom Income Notes are senior unsecured debt instruments issued by the world’s largest banks — engineered to pay contingent double-digit coupons and return principal so long as broad equity indices stay above a pre-defined downside barrier.
Find Your Strategy Note CalculatorA snapshot of three current KCP income strategies. Actual terms price on execution day and may vary with market conditions.
Final terms priced 7/30/26. Subject to issuer credit risk and market conditions. Past performance is not indicative of future results.
Final terms priced 7/30/26. Subject to issuer credit risk and market conditions. Past performance is not indicative of future results.
Final terms priced 7/23/26. “Mini-Mag 7” is a Kuhn Capital Partners nickname for this note — it is not the issuer’s name for the security. The basket references three stocks drawn from the group commonly referred to as the “Magnificent 7.” Single-stock basket notes carry concentrated equity risk. Subject to issuer credit risk and market conditions. Past performance is not indicative of future results.
Structured at the institutional desk and delivered in the same account as your other holdings — with daily pricing, a CUSIP, and a fully defined payoff.
Investment vehicle. Provides exposure to equity indices, ETFs, or individual stocks — similar in utility to a fund or ETF, but with a contractually defined payoff.
Senior unsecured debt. Issued by a major investment bank that couples a zero-coupon bond with a custom institutional options strategy.
Equity-like returns. Delivered as income (contingent coupons) or capital gains (market participation) — including in flat and down markets within the barrier.
Held at your custodian. Each note carries a CUSIP and is priced daily — so you see it, value it, and can sell on the secondary market if needed.
Indices, ETFs, or stocks. Typically a basket of two to three broad equity indices (SPX, RTY, INDU, NDX).
Income (contingent coupons) or growth (market participation at maturity). We focus on income-paying structures.
Barrier on principal at maturity. Our income notes typically use a 30–40% downside barrier.
Investment length — typically 36 or 60 months, with an automatic call feature that can return principal early.
Each month, the underlying basket is checked against the coupon protection level (typically 70% of initial strike). If it’s at or above, a coupon is paid. After a non-call period, the note can auto-call on any observation date at 100% of principal.
For illustration only. Principal protection and returns are subject to the credit risk of the issuing bank, the specific terms in the note prospectus, and volatility risk of the underlying benchmark indices. Illustration was created by Kuhn Capital Partners, LLC on 4/28/2026. Please see disclaimer below.
Most retail channels push a single bank’s shelf product. We build the note to the client — then shop it across every major issuer to secure the best terms available on the day it prices.
Open-architecture RIA with access to every major bank — enabling best execution and credit diversification across issuers.
Advisor-directed strategy tailored to each client’s risk tolerance, tax profile, and income needs — not an off-the-shelf product.
Seamlessly ladder note purchases across multiple vintages while leveraging group buying power for better terms.
An options strategy with a contractually defined payoff — a level of clarity most actively-managed alternatives can’t offer.
Daily mark-to-market pricing including partial liquidations on the secondary market — with no ongoing expense ratio.
Custom Income Notes carry the credit risk of the issuing bank. Open-architecture access to 23+ global issuers lets us select the counterparty with the best terms and spread exposure across regions and balance sheets.
Ratings as of 12/31/25. Moody’s / S&P senior unsecured. Investment minimums vary by issuer.
Schedule an introductory call for a walk-through of current indicative terms and real client examples.
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