Thursday, March 20, 2025

Fwd: NOTICE: April 1, 2025, Governing Body Meeting Agenda



Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: City of Topeka, Kansas <no-reply@topeka.org>
Date: Thu, Mar 20, 2025, 5:14 PM
Subject: NOTICE: April 1, 2025, Governing Body Meeting Agenda
To: <mcre13@gmail.com>


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You are receiving this because you asked to be notified when City of Topeka shares City Council related information.


The April 1, 2025, Governing Body Meeting Agenda is posted online here: https://topeka.novusagenda.com/agendapublic/

MEETING LOCATION:
      City Council Chambers   
      214 SE 8th Street, 2nd Floor
      Topeka, Kansas, 66603

MEETING TIME:

       6:00 p.m.

Addressing the Governing Body:  Public comment for the meeting will be available via Zoom or in-person. Individuals must contact the City Clerk's Office at 785-368-3940 or via email at cclerk@topeka.org by no later than 5:00 p.m. on the date of the meeting at which time the City Clerk's Office will provide Zoom link information and protocols prior to the meeting.  

View the meeting online at https://www.topeka.org/communications/live-stream/ or at https://www.facebook.com/cityoftopeka/.

Written public comment may be sent to the City Clerk's Office located at 215 SE 7th Street, Room 166, Topeka, Kansas, 66603 or via email at cclerk@topeka.org on or before the date of the meeting for attachment to the meeting minutes.

Agendas are available by 5:00 p.m. on Thursday in the City Clerk's Office, 215 SE 7th Street, Room 166, Topeka, Kansas, 66603 or on the City's website at https://www.topeka.org

Additional City Council information is located at https://www.topeka.org/citycouncil/

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For a precise net worth, you’d need their balance sheet

Advisors Excel is a privately held company, and as such, it does not publicly disclose its net worth or detailed financial statements. Without access to private financial records, it’s impossible to provide an exact figure for their net worth. However, I can offer an informed estimate based on available industry data and their business operations.

Advisors Excel, founded in 2005 and based in Topeka, Kansas, operates as an Independent Marketing Organization (IMO) supporting financial advisors with services like marketing, compliance, and product distribution (annuities, life insurance, Medicare solutions, etc.). A key indicator of their scale comes from historical production figures: in 2020, the 500 advisors they worked with generated over $8.2 billion in annuity, Medicare, and life insurance production, according to a 2021 PR Newswire report. Additionally, their affiliated RIA, AE Wealth Management, managed over $12.5 billion in assets under management (AUM) as of 2021, a number that has likely grown since.

Revenue for IMOs typically comes from commissions (often 1-7% of production, depending on the product) and service fees from advisors, plus AUM fees (typically 0.5-1% annually) from their RIA arm. Assuming Advisors Excel earned a conservative 2% commission on the $8.2 billion in 2020 production, that’s roughly $164 million in revenue from that segment alone. Adding AUM fees from AE Wealth Management—say, 0.75% of $12.5 billion—yields another $93.75 million, totaling around $257.75 million in annual revenue for 2020. With growth since then and additional revenue streams (e.g., event fees, proprietary tools), their current annual revenue could reasonably exceed $300 million.

Net worth, however, reflects assets minus liabilities, not just revenue. Advisors Excel owns its headquarters (moved into in 2013 at 2950 SW McClure Road, Topeka) and invests heavily in infrastructure, technology, and a staff of over 1,172 employees (per Growjo estimates). Their lack of private equity ownership suggests low debt, which is a plus for net worth. Industry multiples for financial services firms like IMOs often range from 1-3 times annual revenue for valuation. Taking a midpoint of 2x their estimated $300 million revenue, Advisors Excel’s enterprise value—and a rough proxy for net worth—could be around $600 million as of today, March 20, 2025. This is speculative and could vary widely based on profit margins (typically 10-20% for IMOs), real estate holdings, and other assets or liabilities not publicly known.

For a precise net worth, you’d need their balance sheet, which isn’t available without insider access. If you’re looking for more current or specific insights, I could search recent posts on X or web updates, but as a private entity, Advisors Excel keeps such figures under wraps. Would you like me to dig further with what’s out there?

Wednesday, March 19, 2025

Fwd: You've shared 0.07 Acre Historic Bar & Restaurant Property – Turnkey Opportunity



---------- Forwarded message ---------
From: Crexi <emails@notifications.crexi.com>
Date: Wed, Mar 19, 2025 at 8:34 AM
Subject: You've shared 0.07 Acre Historic Bar & Restaurant Property – Turnkey Opportunity
To: Henry McClure <mcre13@gmail.com>


 
 
 

Little Russia Chili Parlor at 508 NE SARDOU AVE

0.07 Acre Historic Bar & Restaurant Property – Turnkey Opportunity
Property Details
Property Type Industrial
Subtype Bar/Tavern, Restaurant with Entertainment
Class C
Tenancy Single
Square Footage 3,000
Permitted Zoning R2
Lot Size (acres) 0.07
APN 089-109-29-0-10-10-019.00-0
Listing Contacts

 
 
Email   Phone
 
Email   support@crexi.com   Phone   + 888.273.0423
 
 
linkedin     facebook     instagram     twitter     youtube
 
© 2025 Commercial Real Estate Exchange, Inc., All rights reserved.
5510 Lincoln Blvd Ste 400, Los Angeles, CA 90094
 


--
Henry McClure 
Time kills deals
785-383-9994

www.henrymcclure.live

Tuesday, March 18, 2025

Fwd: Bond rating?



Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Ben Hart <bhart@topeka.org>
Date: Tue, Mar 18, 2025, 4:53 PM
Subject: RE: Bond rating?
To: Henry McClure <mcre13@gmail.com>


S&P rates Topeka at AA.

 

From: Henry McClure <mcre13@gmail.com>
Sent: Tuesday, March 18, 2025 3:41 PM
To: Ben Hart <bhart@topeka.org>
Subject: Bond rating?

 

Notice: -----This message was sent by an external sender-----

 

what is the current bond rating?


 

--

Henry McClure 

Time kills deals

785-383-9994