In this episode of The Sports Umbrella presented by GalwayPlus, host Kelly Okun interviews Barry Klarberg, an executive at MAI Capital Management and talent manager for some of the largest names in the sports and entertainment industries.
Barry discusses his unexpected detour from his accounting degree to become a top financial advisor for prominent athletes and entertainers. This path has led him to advise and manage some of the greatest, like *NSYNC, Nicki Minaj, Carol Alt and Mark Messier.
Through his role as a professor at the University of Michigan, Barry continues to impart knowledge on wealth management and risk aversion, advising aspiring professionals to master foundational skills before entering the sports and entertainment industry.
Lastly, Barry shares insights about investing in sports franchises and navigating the evolving landscape of NIL (Name, Image, Likeness) in college sports.
Chapters:
[00:26] Meet Barry Klarberg: Sport and Entertainment’s Top Advisor
[00:40] First Steps Into Sports Management
[03:39] Expanding Into Entertainment
[05:47] Barry’s Favorite *NSYNC Song
[07:02] Managing Diverse Client Portfolios
[09:48] Giving Back to Students and Offering Advice
[14:50] Investment Strategies in Sports
[19:18] Future of College Athletes and NIL
