Every entrepreneur and pro athlete risks everything on themselves for success. With success also comes the creeping uncertainty of what to do next. That’s where Life UnLocked Partners (LUL) lives.
LUL is a registered investment advisor specializing in entrepreneurs, professional athletes, and anyone who finds they have to change careers because they were successful. Unlike the thousands of traditional investment advisors recommending 20 to 30-year investment time horizons, we manage for those more critical career transitions and life events through listening, financial coaching and investment advice before “what’s next” overtakes us.
Mark Tennenbaum, our CEO, discovered this key insight when he completed the sale of a profitable internet company in 2001 where he had served as their Chief Financial Officer. After the deal, Mark invested all his after-tax proceeds in publicly traded stocks that both:
By replacing 50% of his previous salary with dividends from his publicly traded portfolio, Mark was able to co-found a tech start-up that was sold to Microsoft five years later while also taking care of a home mortgage, two kids in school and a spouse who worked part time. While the kids are now grown and out of the house, he has managed his investment capital this way ever since.
In 2021, Mark Tennenbaum and Lela Kelly created Life UnLocked Partners to provide specific advice, research, one-on-one consulting and learning resources tuned for entrepreneurs and professional athletes. By building portfolios with greater financial flexibility and income performance, our clients can choose from a wider set of career options. That makes for a happier life in our opinion.