Cassie M. Panzenbeck, MBA, AAMS™, CPFA®’s Post

Here is a concept every investor (and baseball fan) should understand: Reversion to the mean. In mid-April, I posted about how Aaron Judge was off to a slow start. He was batting about 100 points below his career average of .281. Fast forward to today and his average for the season is back in line with his career average. That’s not surprising at all. He reverted to his mean. That being said, it has taken an average during May of .376 to get him back to that point. He is unlikely to sustain that pace as well since it is too far above his career average. Investing in assets can be just like this. Assets tend to revert back to their long-term averages. Just beware that slumps and hot streaks in assets can last over a decade. Patience and a long-term plan are key to staying the course!

Will your favorite NFL team be owned by a Private Equity company soon? Or will your college alma mater be taking loans from PE companies to fund the capital initiatives of their athletics programs? Check out this article which describes the new financial landscape of sports in America

As we reflect on the NBA season just ended, we can look at the Los Angeles Lakers as an example of how family businesses sometimes decline as the next generation takes over and priorities shift. The Lakers enjoyed their heyday when Jerry Buss took control. Buss passionately built an organization that was the toast of the town, and the season was only considered successful if the result was a championship. As he grew older, he intended to hand control to the next generation. Fast forward to today, the Lakers are now on their second managing partner, sibling infighting is playing out in public, and the championships of the past have been replaced with present disappointment. We see similar scenarios in the real estate business, where the handoff from generation-to-generation often results in changing priorities or acute disagreements that set organizations back. Past glory is shrouded by short-term thinking that restrains long term value. Or, in the worst cases, siblings end up in litigation that ruin an asset’s future upside potential. RPS Capital Management is often called in to work with families to ensure a smooth handoff from generation to generation. Our Transactional and Asset Management teams work hand in hand to prepare portfolios for a bright future through re-investing in existing assets and repositioning capital through 1031 exchanges. If you or your clients would benefit from a fresh look at the future of your portfolio, we would welcome the opportunity to have a conversation.

In interviewing financial advisers for Proactive Advisor Magazine, many of whom are strong advocates of an active, risk-managed approach for their clients’ portfolios, I have heard more than once, “Winning football starts with a strong defense, as does investing.” A few years ago, Mike Posey of Theta Research, who played high school football in Texas, took the football analogy a bit further in an article we published called “Agility drills for client investment portfolios.” As a former player myself, I got a big kick out of it. #InMyOpinion #Finance #Investing #Football #WealthManagement

Dreaming of being an (part) owner of a football team, you're one step closer to making that reality! Commissioner of the National Football League (NFL), Roger Goodell, just indicated that the NFL would be open to 10% ownership of each team by private equity. Not to say each team will bring on investors, but I can imagine many of these owners want some liquidity. Kraft is a perfect example! Next challenge, getting rights to participating in any of these PE deal. Getting closer! #nfl #privateequity #businessofsport ESPN CNBC

What does the Federal Reserve have to do with coaching? It has to do with prudently making decisions. Starting with the end in mind, the goal, defining steps, seeking guidance and wisdom from others where necessary, acting intelligently, and being ACCOUNTABLE. Being prudent in balancing courageousness/fearlessness with giving thought to your steps and actions. “Counting the cost”, avoiding harm to yourself and others, and learning to live without fear of all risk.

Pro Football Hall of Fame coach, Tom Landry, knew the importance of planning. Yes, the goal of a football game is to win, and you win by scoring the most points, but how? At Newport, we couldn't agree more. While goals vary and change when it comes to wealth, legacy, and investing, personalized planning is pivotal in the practice of wealth management. #wealthmanagement #planning #tomlandry #newportprivatewealth

As private equity firms enter this space, the pressure on franchises to perform financially will inevitably increase. Investors accustomed to generating alpha will push teams to explore new revenue streams, moving beyond the traditional focus on ticket sales, merchandising and broadcasting rights. Hospitality, digital innovations and other alternative revenue streams will likely become areas of focus as franchises seek to satisfy their new investors' return expectations. This shift could fundamentally change how teams are managed, transforming them from lifestyle businesses into high-performing financial entities. As a result, risk management and insurance needs will evolve, with teams likely needing more sophisticated coverage to address the complexities of private equity ownership. Pro sports and private equity are two areas of strength for our team at HUB International! #sports #privateequity #insurance Ken Schreiber Andrew Forchelli Alan Hollingsworth CRM Charles Howze Jr. Andrew Allen

🏈 National Football League (NFL) ownership set to meet #PrivateEquity this week 🛩️ Owners to hold Aug. 27 for potential vote if needed 📋 On the docket: Buy-back option, 5-10% investment size range, NFL-specific funds, and further DD #PE #NFL #SportsBiz #PrivateMarkets #SportsBusiness #AlternativeInvestments