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John Weninger, CFP®

John is a Wealth Advisor within the Family Wealth Management area of the Company. He is the first point of contact for our prospective clients, conducting introductory meetings with clients to discuss their family dynamic and wealth management needs. John assumes the role of the client family’s Chief Financial Officer and coordinates with the client’s current professionals (i.e. attorney, tax accountant, stockbroker, insurance agent) to provide an integrated wealth management plan and investment solution that is custom tailored to meet each client’s specific needs. John began his career at Merrill Lynch as an advisor assistant, serving the needs of families & small business owners. He was the founder of Vision Wealth Partners, a Wisconsin registered investment advisor and has been helping families and small-business owners with financial planning and investment management since 2011. His writing has been featured on CNBC, Yahoo! Finance, U.S. News and MyCompanyRetirementPlan.com. John received his Bachelor’s Degree from St. Norbert College majoring in Finance. He earned his Certified Financial Planner (CFP®) in 2017.

Aug 08
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Global Alts Successfully Closes Venture Capital Fund Targeting Strategic Investment in Groq

By Alternative Investments, Press Release, Private Equity

Appleton, Wisconsin

Global Alternative Investment Management LLC (“Global Alts”) is pleased to announce the successful close of its latest venture capital fund, Global Alts SPV LLC- Groq AI fund (the “Fund”) targeting a strategic investment in Groq, a pioneering AI technology company developing chips to run generative AI models faster than conventional processors.

The Fund’s investment in Groq was acquired indirectly through a private investment vehicle participating in Groq’s recent $640M Series D round at a valuation of $2.8B. Groq’s round was led by funds and accounts managed by BlackRock Private Equity Partners with participation from both existing and new investors including Neuberger Berman, Type One Ventures, and strategic investors including Cisco Investments, Global Brain’s KDDI Open Innovation Fund III, and Samsung Catalyst Fund.

About Groq

Groq builds fast AI inference technology. Groq® LPU™ AI inference technology is a hardware and software platform that delivers exceptional AI compute speed, quality, and energy efficiency. Groq, headquartered in Silicon Valley, provides cloud and on-prem solutions at scale for AI applications. The LPU and related systems are designed and manufactured in North America. The unique, vertically integrated Groq AI inference platform has generated skyrocketing demand from developers seeking exceptional speed.

About Global Alternatives Investment Management

Global Alts seeks to provide its clients with opportunistic alternative investments on a global scale. With more companies staying private for longer, Global Alts targets unique investment opportunities into transformative, disruptive businesses through direct investments, secondary market purchases, and co-investments. Since spinning out from its RIA affiliate in 2021, Global Alts has launched six funds, targeting late-stage global technology venture capital, financial technology, and single-purpose funds targeting Indian-based companies. The founding partners of Global Alts have a 25+ year history of sourcing alternative investment opportunities. Using our innovative approach, the Global Alts team excels in creating bespoke one-investor funds tailored specifically for high-net-worth families, foundations and endowments ensuring personalized and strategic investment solutions.

Press & Investment inquiries

Prateek Mehrotra, MBA, CFA, CAIA

Chief Investment Officer

[email protected]

920.785.6010

The press release is for Informational purposes only and does not constitute an offer or solicitation to sell shares or securities in any investment or company. Interests in any alternative investment vehicle are offered only pursuant to the terms of a confidential private placement memorandum (the “Memorandum”), which is furnished only to accredited and/or qualified investors on a confidential basis for their consideration in connection with the private offering. All investments involve risk and potential loss of capital and, unless otherwise stated, are not insured or guaranteed. For additional information on the risks of alternative investments, please visit our website.

Jul 10
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Global Alts Closes Private Equity Fund and Acquires Shares in the National Stock Exchange of India

By Alternative Investments, Press Release, Private Equity

APPLETON, WI July 10, 2024— Global Alternative Investment Management LLC (“Global Alts” or the “Firm”), is pleased to announce the successful close of its latest private equity fund, Global Alts SPV LLC- NSE India (the “Fund”). The Fund has completed the strategic acquisition of shares in the National Stock Exchange of India, Ltd. (NSE), marking a significant milestone for our Firm with this direct investment into the Indian-based company.

About the National Stock Exchange of India, Ltd.

Established in 1992 and known for its state-of-the-art technology and robust trading systems, NSE’s trading platform for equities, derivatives, currencies, debt securities and mutual funds has grown into one of the leading stock exchanges in India and one of the largest exchanges in the world. NSE holds a pivotal role in India’s expanding economy, acting as a catalyst for economic growth by providing a robust, efficient, and transparent market infrastructure that supports the development of businesses, encourages domestic and foreign investment, and enhances financial inclusion.

Growth Potential of the Indian Economy

India’s economy is currently the world’s fifth largest. Due to favorable demographics, government reforms aimed at improving the ease of doing business, and significant infrastructure development, the Indian economy is also one of the world’s fastest growing.  Home to over 1.4 billion people, India recently surpassed China as the populous country in the world. The demographic profile of India is notably young, with approximately 65% of the population under the age of 35. India’s young and rapidly expanding workforce, and a burgeoning middle class with rising disposable incomes offers a vast pool of talent and a growing consumer base with the potential to drive future economic growth.

About Global Alternatives Investment Management

Global Alts seeks to provide its clients with opportunistic alternative investments on a global scale. With more companies staying private for longer, Global Alts seeks to provide its investors with unique investment opportunities into transformative, disruptive businesses through direct investments, secondary market purchases, and co-investments. Since spinning out from its RIA affiliate in 2021, Global Alts has launched five funds, targeting late-stage global technology venture capital, financial technology, and single-purpose funds targeting Indian-based companies. The founding partners of Global Alts have a 25+ year history of sourcing alternative investment opportunities. Using our innovative approach, the Global Alts team excels in creating bespoke one-investor funds tailored specifically for high-net-worth families, foundations and endowments ensuring personalized and strategic investment solutions.

Press & Investment inquiries

Prateek Mehrotra, MBA, CFA, CAIA

Chief Investment Officer

[email protected]

920.785.6010

View Official Press Release Here: https://ereleases.com/y/ndib 

The press release is for Informational purposes only and does not constitute an offer or solicitation to sell shares or securities in any investment or company. Interests in any alternative investment vehicle are offered only pursuant to the terms of a confidential private placement memorandum (the “Memorandum”), which is furnished only to accredited and/or qualified investors on a confidential basis for their consideration in connection with the private offering. All investments involve risk and potential loss of capital and, unless otherwise stated, are not insured or guaranteed. For additional information on the risks of alternative investments, please visit our website.

Feb 21
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Sudden Wealth: What Should You Do If You Strike It Rich?

By Wealth Management

EXECUTIVE SUMMARY

What if you received a large sum of money out of the blue through an inheritance, settlement, stock options or other type of big payout? While it might seem like all your problems would be solved, the fact is that sudden wealth can come with unexpected issues and challenges.

In this month’s Flash Report, Sudden Wealth: What Should You Do If You Strike It Rich?, we’ll show you why “getting rich quick” can create serious financial and relationship problems—along with a process to avoid the pitfalls of sudden wealth and get set up for success.
Read More

Aug 10
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Utilize a Systematic Roth IRA conversion to take advantage of the bear market

By Solutions
Limit the amount of taxes paid when planning for retirement!

Most individuals look to mitigate taxation nearing retirement. This is due to the uncertainty of future tax rates as well as future earnings of the individual. Since income is usually high leading up to retirement, it is not uncommon for your adjusted gross income to be high as well. When other forms of income begin to develop, (pension, social security, RMDs) your marginal tax bracket is impacted.

Read More

Nov 30
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Social Security Announces Biggest COLA in Decades

By Inflation Watch, Social Security

EXECUTIVE SUMMARY

The Social Security Administration has announced a 5.9% cost-of-living adjustment for 2022 – the largest increase since 1983.

This cost-of-living adjustment, or COLA, is an increase in Social Security benefits helps offset rising prices that could erode purchasing power caused by inflation.

COLA’s are not guaranteed each year, but are announced each October and reflect an annual increase based on the CPI.

The CPI is compared with the same quarter of the previous year. For example, the CPI for Q3 2021 is compared with Q3 2020.

Benefits begin in January 2022.

Have Questions? Need an expert opinion?

If you have more questions I’m happy to help you! We make getting answers super easy, without having to talk to some high-pressure sales person. Just use the secure contact form to ask a question, and I’ll get back to you via email within 48 hours to help point you in the right direction. I also offer a free wealth discovery meeting where we can discuss your personal situation and make sure you’re on the right path. Remember, it’s free to contact us and we are fiduciary advisors putting your personal needs first and foremost.

Best of Success,

John Weninger, CFP®
Wealth Advisor
Endowment Wealth Management, Inc.

What Else We're Writing About...

Alternative Investments

Global Alts Successfully Closes Venture Capital Fund Targeting Strategic Investment in Groq

Appleton, Wisconsin Global Alternative Investment Management LLC (“Global Alts”) is pleased to announce the successful…
Alternative Investments

Global Alts Closes Private Equity Fund and Acquires Shares in the National Stock Exchange of India

APPLETON, WI July 10, 2024— Global Alternative Investment Management LLC (“Global Alts” or the “Firm”), is…
Wealth Management

Sudden Wealth: What Should You Do If You Strike It Rich?

What if you received a large sum of money out of the blue through an…
Sep 29
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Press Release: New Private Fund Management Firm

By Press Release

New Private Fund Management Firm Seeks to Offer Unique Private Equity and Venture Capital Investment Opportunities to High-Net-Worth Investors

PR Newswire APPLETON, Wis., September 28, 2021–Global Alternative Investment Management LLC (“Global Alts”) has announced that it has launched its private fund management business. The Firm seeks to expand fund management services developed under its affiliate, Endowment Wealth Management, Inc. to a broader geographic client base serving high net worth individuals and families, institutional, and non-profit investors.

The current investment team has worked together since 2007 and has raised over $39 million through eight funds and has allocated over $50 million to a multitude of alternative assets. The team is currently raising capital ($7.85 million raised to-date) for its latest Fund, Unicorn Tech Fund II.

Global Alts is being spun out from Endowment Wealth Management, Inc. which has previously launched eight funds. The funds included thematic and opportunistic investments including late-stage technology- focused venture capital (including Unicorn Fund I), financial technology (Fintech), CBD/medical cannabis, medical imaging, and three co-investment funds targeting diversified multichannel retail, defense electronics, and telecom infrastructure respectively.

Robert Riedl, CPA, CFP®, AWMA®, President stated “Our private fund management business was an extension of our alternative investment offering within the context of our 3-D Endowment Investment Philosophy®. However, the majority of the HNW investors in our private funds are attracted to the unique investment opportunities and have less of a need for financial planning and core wealth management service offerings. Thus, it’s a natural evolution of our business to create a stand-alone entity and focus on marketing these unique investment opportunities to a broader HNW client base that are looking for the higher return opportunities that private funds may present. In addition, we also construct customized dedicated funds tailored to HNW families or entities willing to commit $10 million or more.”

The Firm’s fund research is headed by Prateek Mehrotra, MBA, CFA, CAIA, Chief Investment Officer. Prateek brings a unique global perspective to the Company. Born in India and armed with a degree in engineering, Prateek has earned an MBA, is a CFA charter holder, and is the first Chartered Alternative Investment Analyst in the State of Wisconsin. Prateek has spent his career cultivating relationships with private fund managers, hedge fund managers, and venture capitalists and utilizes this extensive list of contacts to source unique private and public investment opportunities. Under EWM, Prateek has spearheaded the launch of 9 funds. Mr. Mehrotra commented “At first, it was difficult to get people to commit. We launched our first fund in 2016. All our funds have been opportunistic or thematic in nature. We are looking forward to building upon our experience and tell our story to a broader audience. We truly enjoy sifting through the tremendous number of investment opportunities out there and bring to our investors the unique companies we can locate and add to our funds. We think we have a unique offering and skill set that investors are not able to source on their own or through their traditional investment professional.”

For more information visit www.GlobalAlts.com

Contact:

Robert Riedl, CPA, CFP®, AWMA®

Managing Member

Global Alternatives Investment Management LLC

[email protected]

920.785.6010

Global Alts relies upon the investment adviser registration of Endowment Wealth Management, Inc. based on certain no-action letters issued to the American Bar Association in the past. The activities of Global Alts’ investment advisory activities are subject to the Investment Advisers Act of 1940 and the rules thereunder and is subject to examination by the Securities and Exchange Commission.

Press Release 2021.09.28_Global Alts Launch (Print Version)

Apr 28
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Impact of CARES Act on IRA and Retirement Plans: FAQs

By Financial Legislation, General, Retirement, Tax Planning

2020 CARES Act: FAQs

Background
On March 27, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law, the third in a series of economic relief bills in response to the COVID-19 pandemic. The more than $2 trillion package seeks to address financial pressures facing individuals, businesses, and state and local governments due to the pandemic. The below FAQ includes more details about what this means for you. Read More

Jul 03
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Work Smarter—Not Harder!

By Family Office

Work Smarter—Not Harder!

Reclaim your time and energy to live your best life

Each of us has just 168 hours per week to accomplish our tasks and goals—at work, at home and out in the world. If you feel like you spend too much of that time on things that don’t add value to your life, you’re not alone. Read More