Isaac Tanner

[Isaac Tanner @IsaacATanner]

@BoilerPlateCPA Been thinking about this a lot in sports how big the contracts have gotten and NIL not sure how there aren’t more sport specific athlete focused wealth management companies, (I’m sure there are I’m sure unaware)

[M&A Focused CPA @BoilerPlateCPA]

Wealth Management is a fucking amazing business model and I want to get into it.

- Sticky clients. Once someone hands you their life savings, they usually don’t yank it out overnight. Even during down markets, churn is surprisingly low.

- Incredible gross margins. You don’t need huge headcount to manage $200M in AUM.

- Cross-sell opportunities. Trusts, estate planning, tax strategy, insurance, etc.

- Built-in growth. If your clients are growing their net worth, your fees grow too.

I thought about acquiring one, but I’m not sure how it’d work.

These firms are suuuper relationship driven, tons of trust built over decades with the seller.

I also don’t have the credibility right now that a rollup already managing $2B has.

(My guess is that multiples are also correspondingly high because the business model is so great)

There could be another play - bring a competent wealth manager in-house, sell that service to our existing clients, and for acquisitions it’s be structured more as a careful handoff of a book of business.

I read somewhere that the average age of an RIA is 50. So there could be a big opportunity here in the next decade to build relationships with these folks early

[Isaac Tanner @IsaacATanner]

Lebron and Luka gonna win 2 or 3 chips then Lebron gonna retire as the goat.

Luka will also be in the conversation in the future. Mark my words.

[Isaac Tanner @IsaacATanner]

@Dom_2k For TV ratings.

[Isaac Tanner @IsaacATanner]

@InternetH0F They always react like The victim 😂😂

[Isaac Tanner @IsaacATanner]

Florida drivers are the worst in the country.

That is all.

[Lady Death @LadyDeathTeresa]

We’re like 10 minutes into the NFL season and I’m already completely annoyed by Chris Collinsworth’s commentary… Seriously how does this man have a job?

[Eric Weinstein @ericweinstein]

I asked ChatGPT the following.

Imagine a modern poltical party.

Imagine that all you know about it is the following:

It champions rights for state sponsored schools over the rights of the parents on behalf of their own children.

It promotes equality of outcome over a level playing field.

It is concerned that unfeterred speech is a threat to the safety of the population.

It supports candidates chosen by party leaders rather than the people via primary elections.

It celebrates choices for irreversable self-sterilization via reproductive surgical mutilation within the K-12 curriculum.

It does not want people to have to show ID to vote.

Q: To which political parties is this unspecified party most similar worldwide and throughout history?

[internet hall of fame @InternetH0F]

"Do you find my outfit offensive?"

[Isaac Tanner @IsaacATanner]

@FastTwitxh @kadoeglizzy Curious what you mean can you explain

[Isaac Tanner @IsaacATanner]

@benkellyone CPA firm always necessary always in demand and highest multiple on exits

[Billboard Chris 🌎 @BillboardChris]

White Democrats are so racist.

Imagine people thinking you’re incapable of getting ID, because of your skin color.

[Hillel Fuld @HilzFuld]

Asking for 350 million friends.

[ALX (x/acc) 🎃🇺🇸 @alx]

In a serious country, this would be disqualifying

[Fred Krueger @dotkrueger]

"The unrealized tax is only for ultra wealthy, no big deal."

Let's play this out.
25% unrealized gains on people worth 100MM.
Bill Gates is worth 132 Billion.
Assume his unrealized tax due is about 30 billion.

He would need to sell 40 Billion in Microsoft shares, pay tax on that, just to pay the unrealized tax.

That would probably tank MSFT 10%.

7 million people own Microsoft stock.

Now repeat with META, GOOG, NVDA, AAPL, TSLA etc..

[Grant Cardone @GrantCardone]

Real Estate Guy breaks down effect of Kamala Harris Capital Gains Tax Plan...... (please repost)
- Capital Gains Tax will inflate homes by 50% overnight.
- It will send USA into a long recession ...
- Rich people will own everything.

Kamala Harris plan will destroy the American Economy

[Isaac Tanner @IsaacATanner]

@celestialbe1ng Hahah that’s literally what I said this has to be a low t post

[Isaac Tanner @IsaacATanner]

@jmrphy This is such a low T post. Lol

[Isaac Tanner @IsaacATanner]

@jmrphy It’s just you mate lol 😂 plenty of places I’ve gone are like that.

[Isaac Tanner @IsaacATanner]

@Bubblebathgirl @skiphall2 I hope she sues you right out of that city council