Kevin Garrett - Integrated Financial Group

Kevin Garrett - Integrated Financial Group Financial Strategist for Business Owners, Women in Transition & Professional Athletes | Exit & Liquidity Planning | Stock Options | Legacy Wealth Architect

Most of my clients are successful professionals and passionate outdoor enthusiasts. They have worked hard and saved well and when the time is right they want to take on retirement with enthusiasm. They are determined to live a healthy and active retirement and they want to ensure that their money is positioned to support that lifestyle. What's interesting is that regardless of how they made their

money, they all come to me with the same concerns:

1. When can I afford to retire and focus on my active lifestyle?

2. How do I make sure I never run out of money?

3. How can I continue to support my family and my personal interests? I help each new client address by developing an Active Lifestyle Financial Plan, implementing a Balanced Investment Strategy and I provide on-going reviews and counseling on a regular basis.

12.5% of U.S. households earn $200,000 or more — but that number swings dramatically depending on where you live.In Wash...
04/29/2026

12.5% of U.S. households earn $200,000 or more — but that number swings dramatically depending on where you live.

In Washington, D.C., more than one in four households reaches that threshold. Massachusetts, New Jersey, California, and Maryland are all above 20%. Meanwhile, in West Virginia and Mississippi, fewer than one in fifteen households earns at that level — and seven of the ten lowest-ranked states are in the South.

This matters for financial planning in ways that often go unnoticed. A $200K household income puts a family in very different financial circumstances depending on their zip code — local tax burdens, housing costs, and cost of living vary enormously. The number alone doesn’t tell you much about actual purchasing power or wealth-building capacity. Geography shapes what income actually means.

If you’re advising clients or managing your own finances, the question worth asking isn’t just what you earn — it’s what that income actually buys where you live.

LIV Golf is reportedly losing its funding.According to the Wall Street Journal, Saudi Arabia’s Public Investment Fund is...
04/28/2026

LIV Golf is reportedly losing its funding.

According to the Wall Street Journal, Saudi Arabia’s Public Investment Fund is planning to stop backing the league after 2026. The CEO confirmed the season continues as planned — but didn’t say much about what comes after.

The numbers are hard to ignore. Over $5 billion invested since 2022, broadcast rights generating just $2.7 million in reported income, and total losses exceeding $1.1 billion since launch. This is what a business looks like when capital is doing the work that revenue is supposed to do.

It’s a pattern that shows up in other sovereign-backed ventures — from the SoftBank Vision Fund to state-sponsored soccer clubs — where patient capital reshapes an industry before the economics are tested. At some point the funding becomes more measured, and what was built has to stand on its own.

LIV did change professional golf. Purses went up, players gained real leverage, and the sport’s economics shifted. That part is probably lasting.

But there’s a difference between changing an industry and building a sustainable business inside it. When the capital picture shifts, that distinction is what gets tested.

The NFL is under DOJ investigation — and it says more about the media business than it does about football.A 1961 law ga...
04/27/2026

The NFL is under DOJ investigation — and it says more about the media business than it does about football.

A 1961 law gave the NFL the right to bundle and sell broadcast rights collectively. That structure helped build the most valuable media engine in professional sports.

The problem: it was designed for free, over-the-air television.

Today, NFL games are spread across 10 different platforms — Amazon, YouTube, Netflix, Peacock, ESPN, and others. The FCC estimates a fan could spend over $1,500 a year to watch every game. The DOJ’s stated focus is straightforward: affordability for consumers and a level playing field for providers.

It’s not just regulators. Fox and Sinclair have raised similar concerns with the FCC, arguing games shouldn’t sit behind paywalls. Media companies paying billions for rights are pushing back on rising costs. Congressional pressure has been building for months.

The Sports Broadcasting Act hasn’t been seriously tested in the streaming era. That’s about to change.

If regulators move, the ripple effects go well beyond football — touching how every major league packages content, and what consumers ultimately pay for access.

Worth watching closely.

The IPO market is showing signs of life—and the names being discussed aren’t small.When a company valued near $1.5–$2 tr...
04/24/2026

The IPO market is showing signs of life—and the names being discussed aren’t small.

When a company valued near $1.5–$2 trillion goes public, it reshapes indexes. Funds tied to major benchmarks have no choice but to buy, and they buy in size. That creates forced demand, potential price distortions, and real concentration questions for anyone who owns an index fund. But for investors considering direct ownership, the structure deserves as much attention as the valuation.

The proposed dual-class share structure would give Elon Musk 10 votes per share, permanently concentrating voting control while public shareholders hold the economic exposure. Executive compensation is tied to milestones that include a Mars colony and space-based data centers—targets with no clear timeline or financial basis for evaluation. The prospectus also includes a mandatory arbitration clause that would eliminate the right to bring class-action lawsuits, a first for a major IPO under recent SEC rule changes.

Then there’s the Cursor acquisition. SpaceX has an option to buy the AI coding company for $60 billion—structured to avoid disrupting the IPO timeline. The deal isn’t complete. It won’t appear in the prospectus. But it will almost certainly feature in the roadshow. That means prospective shareholders are being asked to factor in a $60 billion strategic bet with no audited financials, no disclosed risk factors, and no formal basis for evaluation.

That gap between what’s being promised and what’s actually disclosed is worth understanding before you buy.

Alabama just guaranteed Kalen DeBoer $92 million through 2033 — a $2 million raise per year, despite a 38-3 Rose Bowl ex...
04/23/2026

Alabama just guaranteed Kalen DeBoer $92 million through 2033 — a $2 million raise per year, despite a 38-3 Rose Bowl exit to close last season.

The football story is interesting. The contract structure is more interesting.

His agent, Jimmy Sexton, built a deal where Alabama owes DeBoer 90% of his remaining salary if they fire him — with no obligation for DeBoer to find another job to offset those payments. Firing him right now costs $67.5 million.

What's easy to miss in the coverage is that the leverage wasn't really about DeBoer's record. It was structural. When Michigan came calling, Alabama's cost to keep him was low — a $5 million departure fee under the original deal. Sexton used that window to reprice the entire relationship. By the time the item hit the Board of Trustees agenda — added at the last minute — DeBoer was locked in at $12.5 million annually, tying him with Ohio State's Ryan Day for fourth among known coaching salaries. Curt Cignetti leads the list at $13.2 million after winning the national title; Smart and Kiffin sit just behind him at $13 million.

A few things worth noting for anyone advising athletes or high-earning clients as I do:

— Long-term guarantees matter more than headline salary. The no-mitigation clause is where the real security lives.
— Leverage windows close. Sexton moved when Alabama was exposed, not after.
— Public statements don't reflect private negotiations. DeBoer was saying all the right things publicly about staying — that's not a contradiction, it's positioning.

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