A busy day within the workplace for Cheyanne Ivey includes serving to poker gamers with the limitless complications of day-to-day life. Her firm, Ivey Options, does all of it – from banking and monetary providers to reserving journey, having a spot to remain, and extra.
Need assistance negotiating a sponsorship deal … and planning a celebration to rejoice the massive win? Ivey Options has you lined. The whole lot the corporate affords is designed to present purchasers the time and psychological power to remain targeted and hone their craft.
And sure, that Ivey. Phil is Cheyanne’s older brother.
Cheyanne understands the wants and needs {of professional} poker gamers higher than most. The Las Vegas-based advisor’s purchasers choose to name her the “solutionist.”
Phil’s success gave her a front-row seat to the poker increase of the early 2000s. Gamers had been flying to tournaments all over the world, signing sponsorship offers, and making movie star appearances. Cash was rolling in not just for her brother, however for lots of the greatest names within the sport.
Maintaining observe of the day-to-day requirements of life turned an excessive amount of for some and Ivey was quickly pitching in to assist a few of the big-name gamers who had been associates with Phil. Ultimately, Ivey Options was born.
“I used to be in a position to actually get a real perspective on poker, life, enterprise, and cash and the way it works,” says Cheyanne, who moved to Vegas in 2012. “That’s totally different from different consultants. Do they know easy methods to play poker? I really noticed how poker might have an effect on somebody’s on a regular basis life. The joke is that my purchasers get hooked on me as a result of I handle your private life and your skilled life. I make a degree to get my gamers out of the mindset that they’re enjoying a sport – they’re working a enterprise. They don’t even assume that they’re supposed to maintain observe of sure bills or that they’re imagined to do sure issues. And what occurs is, just a few years later, the IRS comes knocking.”
Being across the business and having a data of the poker world helps Cheyanne and her workforce anticipate purchasers’ wants. Her understanding of the business is what units her firm aside.
“Poker gamers have totally different enjoying kinds, however they have a tendency to have the identical issues,” explains Cheyanne. “They fear about going broke. So, I assist them develop and protect their bankroll in ways in which minimally intervene with their enjoying. An enormous a part of my job helps gamers greatest capitalize on their time away from the desk. The poker site and regular life round household and associates are two very totally different worlds.”
Schooling And Software
Cheyanne’s instructional background proved good in advising and offering providers for a few of the greatest names in poker. She has levels in Spanish, German literature, and secondary training. She additionally studied French and Italian and is fluent in all 4 languages.
After faculty, she went on to show languages for 4 years and labored as an adjunct professor, whereas additionally including a grasp’s in training administration, an MBA, and grasp’s in accounting by age 24. Cheyanne accomplished her education with a legislation diploma from the College of Miami.
However her most essential training for Ivey Options got here outdoors the classroom. At 15, Phil taught Cheyanne seven card stud in his Atlantic Metropolis rental together with his associates 40 years her senior. She’s been within the room for money video games and tournaments all over the world.
Whereas spending weeks on European poker tour buses with a few of the world’s greatest professionals, Cheyanne realized in regards to the world of poker on a extra international scale. Gamers benefited from her language expertise when arranging video games at casinos and arranging different occasions and lodging. These experiences and others present insights not mentioned in textbooks.
She’s well-equipped to deal with quite a lot of real-world issues. Gamers scoring a six- or seven-figure payday could not have the forethought of what to do with the newfound money and perceive the tax implications. Her firm helps them get on the suitable path and maintain extra of their cash from heading to the tax man.
She additionally acts as a barrier between the participant and others who could not have their greatest pursuits at coronary heart. The corporate and employees put gamers first, Cheyanne says, and are out to ensure they’re taken care of. General, Ivey Options assists gamers in making rational choices about their lives and planning for his or her futures.
“I delight myself on having the ability to assist individuals who play poker as a aspect occupation and those that play poker solely, particularly in terms of tax legislation and enterprise constructions,” she says. “For instance, I had associates that had been simply enjoying poker on the aspect to pay their tuition, however making sufficient cash to set off taxes. So I assist the little man, but in addition assist out the massive guys.”
Poker Corridor of Famer Barry Greenstein has been a longtime good friend and sees Cheyanne as somebody who may be of profit to gamers with busy schedules and wishes in sure areas the place they might not have the time or experience.
“She’s an clever individual,” he says. “She is aware of, clearly by means of Phil and his associates, what poker gamers’ wants are. You don’t meet many individuals who have gotten her preliminary {qualifications}. She’s bought an MBA. She’s bought a legislation diploma, all this sort of stuff that may be mandatory. She’s an individual that you’d assume is certified for the job due to her instructional background, and since she does have a brother who’s within the enterprise and has loads of associates who had been on the larger ends of the enterprise. I positively take into account her a reliable individual.”
“The distinction between Phil and Cheyanne is that Phil is extra quiet and pondering in his interactions,” the three-time bracelet winner added. “Cheyanne is extra gregarious and interesting with individuals.”
Poker is a world sport and that’s not an issue for Cheyanne. One among her purchasers was enjoying and dealing in Barcelona. Ivey Options analyzed enterprise transactions that included paperwork in different languages. She additionally helped that participant perceive the taxes concerned within the deal and funds for these bills.
For international purchasers, Cheyanne’s data of languages helps those that could not converse English fluently and wish to grasp the tax implications that may include successful important sums within the U.S. She may help gamers benefit from the legislation to greatest serve their pursuits.
With so many alternatives to play poker, Cheyanne additionally works with gamers who produce other jobs however are making appreciable cash on the poker desk.
“I’ve seen the great, the dangerous, and the ugly,” she says. “I’ve seen the best way, particularly when these younger guys win, how monetary planners come after them as a result of they need to generate profits off of the fee getting them into investments. Folks come out of the woodwork and it’s my job to be each a filter and sounding board.”
Cheyanne Is aware of A Man And Has A Gal For The whole lot, All over the place
Past tax and monetary consulting, Cheyanne has an answer for seemingly each want. A high-stakes consumer could also be enjoying in a sure a part of the world for six weeks. Cheyanne’s firm can safe a spot to remain so {that a} participant doesn’t have to fret about making reservations. That features discovering lodging for a lot of gamers heading to the World Collection of Poker every summer time. No matter helps her purchasers carry out their greatest.
In Las Vegas, it’s all about who you realize. Ivey Options has places of work in Summerlin and downtown Las Vegas. Cheyanne has a workforce within the US and an intensive community of execs worldwide. She seemingly is aware of an knowledgeable in nearly each discipline.
Banking is a serious concern for a lot of gamers. Some have skilled getting debanked due to making the big money transactions that include enjoying high-stakes poker. Ivey Options has relationships with a number of banks that may make this course of simpler and assist gamers keep away from having their accounts shut down. For instance, Cheyanne works with Lexicon Financial institution in Las Vegas, specializing in providing concierge service for his or her skilled poker participant purchasers by means of their skilled poker participant program.
Well being being a serious concern for gamers, Ivey Options has a medical physician in Las Vegas who may even go to gamers in individual and through “poker hours.” If hassle arises, Cheyanne will even ship flowers for a participant who could also be within the canine home together with his spouse. On the flip aspect, Ivey Options additionally has relationships with divorce attorneys as properly.
If a participant wants a driver, safety, housekeeper, or caregiver, Ivey Options may help. Jewellery, luxurious vehicles, and in terms of nearly any private want – Cheyanne has a contact. For gamers needing a brand new automobile, Cheyanne can get a brand new experience delivered proper to a on line casino.
In actual fact, on a second’s discover, Cheyanne delivered a automobile to Erik Seidel… and to his little one at school… and one other to his spouse of their dwelling state. It’s so simple as taking a fast break from the desk, and signing the paperwork on the hood of the automobile.
Few of us can telephone a sitting US congressman. However that’s what Cheyanne did to assist 2022 WSOP important occasion last tablist Jeffrey Farnes get his passport software permitted in a day. One name helped him make a journey the place he ran deep and cashed in massive.
Phil And Household
Cheyanne says Phil was at all times her protector rising up. He later supported her by paying her faculty tuition when their father died. She knew from an early age that her brother was going to achieve success it doesn’t matter what occupation he selected and describes him as “extremely clever.”
“A joke I used to inform is that my brother might have offered apple pie on a road nook and would have made hundreds of thousands of {dollars},” she says. “I at all times knew I had someone that had my again.”
Cheyanne acknowledges that different gamers want somebody of their nook, and she or he now has their backs.
“I care about this business otherwise than different individuals,” she says. “I’ve my individuals handle every thing. In a world with as many swings as poker, I like to supply them as a lot stability and safety in different areas of their life as attainable.”
She stays in fixed contact with purchasers – therefore “poker spouse” or “poker mother.” These are titles she now wears with delight. She really enjoys making life simpler for gamers who merely need to deal with the playing cards they’re dealt.
For extra info on Ivey Options, go to www.theiveysolution.com, e mail Options@cheyanneivey.com, or name +1-702-670-0192. ♠
