While Beimeni was officially launched in the Summer of 2010, the company was in the works and the mind of Founder Terry R. Yormark II for over a decade. Yormark, an avid fan and former sports reporter, conceived the idea of Beimeni from routinely reading about the horror stories of athletes that run into financial troubles. Yormark was bothered that some of these athletes could be so diligent in their craft but so irresponsible with the finances that came along with their unique talents. In learning more about these situations, it became even more bothersome to learn that in very few instances were these athletes at the root of the problem. The issue lies in the fact that many of the athletes have never been given the proper education or mentor they could trust regarding accounting, investing, business, and financial planning. After all, many of these athletes and entertainers are multi millionaires in their early 20’s, not necessarily the time one usually thinks about seeking such counsel. However, with most professional careers ending before the age of 30, the time to begin setting the stage for financial security cannot be early enough for today’s athletes and entertainers. This is where Beimeni comes in.

Beimeni preaches that income producing commercial real estate investments must be part of our cleint’s diversified investment portfolio.

While growing up in the suburbs of Chicago, Yormark witnessed family and family friends consistently build wealth through the years by strategic acquisitions and management of commercial real estate. Tenants with long term leases in retail strip centers and office buildings provided growing income streams that outpaced inflation. Yormark argues that it is these types of long term income streams that athlete’s and entertainer need to have as an insurance policy against risks of injury and significant drop off of earnings power after early retirement. Beimeni pairs our clients with appropriate commercial real estate investments tailored specifically to their long term goals and risk appetites.

At Beimeni, we practice what we preach. Yormark owns commercial real estate properties in several states in partnership with one of the largest private owners in the country. In the past year, Yormark has been taking advantage in the unbalanced real estate markets to purchase additional assets at bargain prices. Today’s markets provide generational opportunities for wealth creation and Beimeni looks forward to presenting these opportunities to you and your financial advisors.