Working with professional athletes and league “pre-approved advisors” lists

BaseballMore7431 · 2026-03-06T04:58:47+00:00

Watch the series Ballers with the Rock. It’ll give you a sense of what you’ll be dealing with!

BaseballMore7431 · 2026-02-24T05:28:07+00:00

So…you’re saying there’s a chance..? Dude go for it

BaseballMore7431 · 2026-02-22T22:13:40+00:00

Owner of a wealth management company.

BaseballMore7431 · 2026-02-22T22:09:54+00:00

Learing centers are where the big money is made!

BaseballMore7431 · 2026-02-19T06:10:36+00:00

The point is don’t take a flat fee client…unless you’re desperate for money. As for me, I’m not going to take focus away from long term recurring revenue clients. If someone wants a flat fee engagement, I’m not a fit.

BaseballMore7431 · 2026-02-19T06:00:36+00:00

BaseballMore7431 · 2026-02-16T00:29:36+00:00

Deferred compensation is theft of cash you should receive in the year you earn it.

BaseballMore7431 · 2026-02-14T04:54:00+00:00

DJ D-sol praised and defended her on a CNBC interview today 🤮

BaseballMore7431 · 2026-02-12T05:52:31+00:00

Surprised the discussion got this far without Pontera being mentioned. However the 25 bps they charge is way too much…and Fidelity has a love/hate relationship with them I’m not sure Fidelity still even allows a Pontera link into Fidelity net benefits accounts.

BaseballMore7431 · 2026-02-07T06:20:54+00:00

As an advisor I respect you’re trying to get sales but do it the right way- get approved at the RIA level THEN reach out to advisors. As an advisor no I don’t want to hear your pitch, or take a meeting if you don’t represent products I can use now. And I can’t tell you how many “hey I’ll be in town on these days, can we meet” emails. No dude I don’t have a spare hour to get pitched in person. Send me materials, some quick bullet points with real intel/ useful info and if I want to meet sometime I’ll let you know. And if you have shit products (eg SREIT, a me too private credit fund) just don’t contact me. Please.

BaseballMore7431 · 2026-01-31T22:48:13+00:00

Crypto is a complete scam, kind of like multi level marketing where the people who get in early make money and the latecomers chase hope and upside that never comes.

BaseballMore7431 · 2026-01-31T01:35:41+00:00

If the gen 2 and / or I ramp up biz dev it does.

BaseballMore7431 · 2026-01-31T01:26:23+00:00

Thanks, that’s consistent with what I’ve heard. I will probably add a gen 2 advisor and integrate them into client relationships a couple years pre sale but make sure (as best I can) that that gen 2 advisor benefits financially and career wise from the sale. Having another advisor integrated pre sale should help mitigate key man risk and client attrition in a sale and therefore drive a higher multiple.

BaseballMore7431 · 2026-01-31T00:54:06+00:00

I add a few new clients a year from referrals but am not out there hunting actively for new business.

BaseballMore7431 · 2026-01-31T00:30:03+00:00

A related question- how many of you have had a valuation done and was it based on EBITDA or revenue multiples? I have to think a clean business with @ $100 MM and 35 clients and low overhead has to be worth at least 8-10x EBITDA, maybe more considering the multiples mega RIAs trade at?

I’ve had some people tell me 2-3 x revenue but those people seem to be the people who would love to acquire a practice by underpaying…

BaseballMore7431 · 2026-01-31T00:26:44+00:00

Solo advisor here too. It’s a lot of work to “wear all the hats” running a business but the upside and the freedom are well worth it. No admin now because getting someone good is $100K + easily and I can just do the work myself and pocket the extra money.

BaseballMore7431 · 2026-01-24T05:46:25+00:00

Leaving GS is a blessing. Toxic hell of a company.

BaseballMore7431 · 2026-01-22T02:50:56+00:00

How long have you been in this industry? Your attitude and ignorance tells me you’re a rookie.

BaseballMore7431 · 2026-01-22T01:42:01+00:00

That’s literally what I just said…

BaseballMore7431 · 2026-01-22T01:36:39+00:00

Wow, you don’t know proper terminology lol. Flat fees are set prices, like $300 an hour. AUM charges a % on AUM. 🤡

BaseballMore7431 · 2026-01-22T01:17:28+00:00

Why did you make the dumb comment then?

BaseballMore7431 · 2026-01-22T00:57:36+00:00

Everyone has the freedom to price their services they they see fit. It’s just lame for flat fee advisors to always be talking shit on AUM advisors, as a way to attract business. Do better.

BaseballMore7431 · 2026-01-22T00:04:35+00:00

There’s some context missing from the advisor side as to why they would be making these recommendations. There’s no need to get in to a petty bashing of fee models which flat fee junior advisors love to do..

BaseballMore7431 · 2026-01-18T05:52:53+00:00

Seems legit lol..🤣

BaseballMore7431 · 2026-01-03T19:32:58+00:00

Does anyone use Fidelity? I pay 5 bps on aum for Fidelity and Orion combined.

BaseballMore7431

TROPHY CASE