Iconoclastic Capital Management LLC

Jack Hills is a financial advisor at Iconoclastic Capital Management LLC with nine years of industry experience. He holds the Series 66 designation and previously worked at Merrill Lynch and Christopher Haigh. Iconoclastic Capital Management serves individuals, high-net-worth clients, and businesses with wealth management, investment management, and financial planning on a fee-only basis. The firm combines passive, evidence-based ETFs with active sector positions and emphasizes tax-aware asset location, managing most accounts on a discretionary basis.

Gene Thompson Jr. is a CFP® and ChFC® with 10 years of industry experience. He is currently with Iconoclastic Capital Management LLC, where he has worked since 2023. Prior to that, he held roles at Northstar Money and Northwestern Mutual Investment Services, among others. Iconoclastic Capital Management serves individuals, high-net-worth clients, and businesses with wealth management, investment management, and financial planning on a fee-only basis. The firm uses a blend of passive, evidence-based ETFs with active satellite positions and emphasizes tax-aware asset location across accounts.

We built this firm because the financial industry is broken. Here's a hard truth: Most financial advisors operate under a conflict of interest. They're paid to sell you products, even if they never admit it. Think about that. When you walk into a car dealership, you know the game. The salesperson wants you in the most expensive car possible - that's how they get paid. You know it, they know it, everyone knows it. But financial advisors? They play a different game. They present themselves as trusted experts, like doctors who are supposed to have your best interests at heart. Except most of them are secretly just car salespeople in scrubs, pushing investments, pricey insurance policies, and overly complex products – all because that’s how they make their money. That hypothetical problem with your doctor is a very real issue with financial advisors. It's why every day we see individuals sold investments they don’t need, overpriced insurance products that don’t fit the need, and accounts being billed an annual percentage when someone hasn’t looked at them in months. This happens because 99% percent of all financial advisors are paid in some form of commission. Those commissions vary wildly from investment to investment, policy to policy and account type to account type to further confuse the end consumer, you. It’s this issue that lead to the formation and even the name of our company. We operate as true fee-only fiduciaries. Meaning we can only be compensated with a single flat fee, and can receive no commission what so ever. This makes us completely unbiased and allows us to always have your best interests in mind.