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Old 12-27-2005, 02:41 PM
Dan Mezick Dan Mezick is offline
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Join Date: Jun 2004
Location: Foxwoods area
Posts: 297
Default Re: What would you with $20K?

Good move.

Some CFP (maybe your office) is going to make a pretty penny advising the best of the 2+2 young guns. The ideal CFP will be a poker player and capable of assuming a mentoring role with a style customized for these great young players.

It's actually shocking to me that CFPs are not all over this.

If I was 21 and interested in managing portfolios, I'd just go and take the classes and get the CFP and then market my services to the many great young players here.

Several of them are going to retire millionaires by 35 provided they get the proper advisors on their team early in the poker career. Certainly this is a win-win for all involved.

I know of no CFP that caters to poker players. WHAT A NICHE.

Most CFPs struggle explaining advanced financial concepts to clients. Winning players by default get anything related to risk and reward-- immediately.

Marketing CFP services to winning young poker players. What a killer business model for the right CFP firm. Some of these kids will have liquid net worth well over 500K by the time they are 27, 28, 29. And they are going to live for another 30, 35, 40, 50 years.

What an opportunity. It's HUGE-- and wide open.

http://www.cfp-board.org/
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