Mark Cecchini, CFP®

the "personal CFO" bit isn't cheeky branding it's actually how I view the role this is a recent quote from a discovery meeting with a founder: "In our company, we do a monthly financial review that is prepped by our finance team. We get it on like the 4th or 5th day of the month, and basically just goes through how we did from a revenue perspective, here's what our costs were. And then there'are some comments...and they prepare it, and give it to me. And we just kind of go through it, and we go through the entire month in about 45 minutes. But, we really feel like we're in control. And that's a complex business. So I feel like we should easily be able to do that for our household." Our job is to be in the weeds, fully accountable for the detailed financial reporting so that clients can focus on family and building companies.... ...AND be able to pull it back to the big picture when they come up for air. Last night I sent a $2M wire for a home close that's happening this morning. Pressing those buttons means full accountability for what happens next. The buck will always stop with me and my team.

@alt_w_v_g Ethan.

@markcecchini Sounds like nobody gave you the birds and the bees talk

~2 weeks away from having 2 under 21 months. how.

@T_Rey_19 Good stuff. Very very excited.

@markcecchini My daughters are 20 months apart. It’s honestly incredible. You’ll have a blast.

@darrelltalksfi Thanks very much

@markcecchini You’ll be in my prayers 🙏

@stored_alpha more like time flies BRANDEN

@markcecchini Hope you’re not looking for a scientific answer here sir 😂

@gottlebee Right move.

I transferred my Robinhood account to Fidelity. Did I make a wrong move?

@RyanDelCarlo wow! that's incredible. thank you!

@markcecchini I have Irish twins (364 days apart) it’s a blast! Enjoy it!

@danielkeeverEFM So I hear...

@markcecchini Once you’re out of those choppy first couple months, it’s incredibly fun

@StudentLoanAdv Love it. We're excited.

@markcecchini Life will keep getting better. Three under six right now. It's tiring but so much fun.

@AHallVirtus that's unreal. good for you. love that framing 🫡

@markcecchini I had 3 in under 18 months. It’s all good. The cowards never started, the weak died along the way…then there’s us.

@loudc2255 thanks a lot. we make good use of that for sure...need a separate cloud account for all of them...

@markcecchini Congrats to Your family. I blinked and I have 13&11. Honestly the best tech we have is phone cameras. Instant pic or record. I regularly search my photos by date and the memories are there.

@PVahid thank you sir! bracing for impact but it will be great.

@markcecchini 2 under 22 months here. Lots of work initially, but so worth it when they grow up and play together. Enjoy it!

Doing a favor for an advisor of mine who is looking for a few new people to join his growing independent RIA. (Last time I did this, it led to a new hire) If you are interested, click the link in the comments. Two open roles: 1. Associate Advisor (Remote Position) 2. Client Service Associate or Operations Lead (Remote Position) Description: --High growth RIA led by founder with a 20-year institutional investment background who has MBA, CFA, CPA. --The firm is around 5 years old, so the future growth opportunity of the role does not have limits. >$400M AUM and adding >$100M per year --Looking for learning machines who are passionate about partnering with clients, continuous improvement and teamwork. --Open to any experience level but at least 2-3+ years of related but not exact experience and with an independent RIA a plus. --Business owner niche with tax efficient and investment-led focus. HNW to UHNW client partners. --No sales responsibilities but not opposed to it.  The funnel does not require additional prospects. --Flexible on taking the positions to whatever makes sense for the person’s interests and capabilities. --For Associate Advisor, CFP, CFA or CPA/EA preferred as well as Bachelor’s degree and ability to take over $1-5M+ AUM clients as lead or team approach over the coming years.

It’s a mostly pointless exercise to speculate on where the company stock price goes from here Too many unknowns around future liquidity, IPO, macro factors, etc All focused on the individual case, plus they are capped anyway so there’s going to be a massive amount of skin left in the game regardless

How deep do you actually get into company fundamentals, likelihood of appreciation, etc. I could talk ISOs, NSOs, etc until I'm blue in the face, but I think where our value comes in is when we leave them with the conviction to either hold or sell and what to do from there with the proceeds. Are you making this more a quantitative or qualitative approach?

The hottest company in the world is allowing its employees to turn equity into cash at ~$259/share. Here’s what the tender offer timeline actually looks like (we're in it right now with just a few days to go):

@MarkAWoolard $380 billion

@markcecchini What’s implied valuation?