Global InformationBarry Klarberg information
Barry J. Klarberg | |
|---|---|
 Barry Klarberg at 2015 Pace University Commencement | |
| Born | March 4, 1961 Rockaway, Queens, New York, U.S. |
| Occupation(s) | Entertainment & Sports Business Manager and Limited Partner of the New York Yankees [1] |
| Partner | Sara Herbert (married 2018) |
| Children | 6 (Nikki, Matt, Ryan, Jake, Justin and Alana) |
Barry J. Klarberg (born March 4, 1961), CPA, is an American businessman. He is a professional business and wealth manager for athletes, entertainers, and high-net-worth individuals.[1][2] He is the founder and CEO of Monarch Business and Wealth Management, a full-service firm and family office that specializes in providing business and wealth management services.[3]
In January 2022, Klarberg sold Monarch Business & Wealth Management, a financial planning firm for high net-worth individuals, to MAI Capital Management and Galway Holdings, a company with $12.2B assets under management. Klarberg will become Senior Managing Director at MAI Capital Management.[4]
Klarberg has managed several prominent individuals including musician/actor Justin Timberlake,[5] recording artist Nicki Minaj, music group NSYNC,[6] artist Alec Monopoly, entrepreneur Russell Simmons,[7] DJ and record producer Kaskade, NASCAR champion Kyle Busch, professional tennis player/model Anna Kournikova,[1] NBA All-Star Kyle Lowry, MLB All-Star and Homerun Champion José Bautista, NBA analyst and entrepreneur Jay Williams, MLS All-Star and Captain of the United States men's national soccer team Michael Bradley, and NHL Hall-of-Famer Mark Messier.[8]
Klarberg holds an ownership stake in four American professional sports franchises. He is an owner of the New York Yankees, being a Partner since 2011.[9] Klarberg is an owner of the Major League Soccer (MLS) team New York City FC.[10] In 2023, Klarberg is also became an owner of the United States SailGP Team.[11]
Since 2017, Klarberg taught "Business Developments in Sports" at the University of Michigan in Ann Arbor.[12]
He regularly appears on CNN, CNBC and The Wall Street Journal Report, and authored the book "Winning Tax Strategies and Planning for Athletes and Entertainers."[2] Klarberg has also been elected to the Sports Business Journal's "Forty Under 40," as he was selected as one of the forty most influential executives in the sports business under the age of 40.[13]
In April 2016, Klarberg represented NFL star Rob Gronkowski and launched with Monster Energy a signature beverage "Gronk" that will be distributed by Coca-Cola.[14]
In May 2016, Klarberg shaped Tom Brady’s new Simmons Beautyrest Black luxury mattress ad campaign, aiding Simmons’ marketing team in pitching the campaign to the three-time Super Bowl MVP.[15]
In April 2021, Klarberg represented Bethenny Frankel in signing a multi-year deal with iHeartRadio to bring the podcast “Just B with Bethenny Frankel” to the iHeartPodcast Network.[16]
Klarberg was commissioned the honorary title Kentucky Colonel, the highest honor awarded by the Commonwealth of Kentucky, by Kentucky Governor Steven Beshear.
In 2015, Klarberg gave the commencement address at alma mater Pace University to the undergraduate Class of 2015 and received an honorary doctorate degree.[17] Klarberg also returned to Pace University as an Executive-in-Residence and a Lecturer-in-Residence at the Lubin School of Business.[18] Klarberg is a member of the President's Council at Pace University.
- ^ a b c Sports Business Journal. "Athlete advisors Klarberg, Furst Close to Deal", April 9, 2012.
- ^ a b San Francisco Chronicle. "Asset Alliance Acquires Equity Interest in Klarberg's Monarch Business and Wealth Management, LLC", March 26, 2012.
- ^ "Monarch Wealth and Business Management Homepage".
- ^ Sports Business Journal "Klarberg's Monarch acquired by MAI Capital Management", January 3, 2022.
- ^ Inside."Behind Big Bucks 'N Sync-MSN Deal, a Secret Backroom Fixer" Archived 2011-10-01 at the Wayback Machine December 2003.
- ^ Billboard. "Billboard Bits: ‘N Sync, Goo Goo Dolls, Blackground" December 2001.
- ^ SD Mack. "Russell Simmons’ 9th Annual Art for Life East Hampton" July 2008.
- ^ New York Times. "Let's Hoist That Banner! Will Messier Join Party?" January 1995.
- ^ New York Times "Investor Who Talked to Mets Buys Part of Yankees", September 19, 2011.
- ^ New York Times "Manchester City and Yankees to Own MLS Franchise in New York", May 21, 2013.
- ^ Sailgp.com [1] "Sport, Tech and Entertainment Leaders Join Forces To Purchase The United States SailGP Team, November 29, 2023.
- ^ University of Michigan "Business Developments in Sports at the University of Michigan", 2017.
- ^ Sports Business Journal. "Sports Business Journal's Forty Under 40 2000 Recipients", January 2011.
- ^ Darren Rovell, ESPN "Patriots TE Rob Gronkowski signs multiyear deal with Monster drink", November 21, 2015.
- ^ Sports Business Journal "Simmons Gives Patriots' No. 12 A Shot At Being 007 In New Ad", May 16, 2016.
- ^ MarketScreener "iHeartMedia : Bethenny Frankel Signs Multi-Year Deal with iHeartRadio to Bring Hit Podcast “Just B with Bethenny Frankel” to the iHeartPodcast Network", April 2, 2021.
- ^ Daily Voice "Pace Alumni Barry Klarberg Helps Top Stars Grow Wealth", May 30, 2015.
- ^ Pace University "Pleasantville Lubin School of Business Executives in Residence", 2015.