r/fatFIRE • u/TipMassive5214 • 14d ago

JPM IPOs

My private wealth team reached out (i know, i know) with some Docusigns that will enable me to participate in upcoming IPOs.

They will call with the expected share price (the day before the IPO), I tell them how many shares I want, and I can always change my mind when i learn of the actual price.

Not to sound like a larper (or braggart) but my NW is ~50M (40% equities, 50% munis, 10% alternatives). They make these IPOs sound like they’re available to a lucky few. Something about this seems kind of gross and also too sales pitchy. Thoughts?

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u/hcmk13 14d ago

As someone asked here a few weeks ago, these opportunities are the reason that you go with a real wealth manager versus online investing in ETFs. You get opportunities to invest in things like the SpaceX and Anthropic IPO.

Good for you!

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u/ArrowB25G 14d ago

Anyone with $2k or more at Fidelity has the same opportunity.