A busy day within the workplace for Cheyanne Ivey entails serving to poker gamers with the limitless complications of day-to-day life. Her firm, Ivey Solutions, does all of it – from banking and monetary providers to reserving journey, having a spot to remain, and extra.
Need assist negotiating a sponsorship deal … and planning a celebration to rejoice the massive win? Ivey Solutions has you lined. Everything the corporate affords is designed to offer purchasers the time and psychological power to remain centered 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 desire to name her the “solutionist.”
Phil’s success gave her a front-row seat to the poker increase of the early 2000s. Players had been flying to tournaments around the globe, signing sponsorship offers, and making movie star appearances. Money was rolling in not just for her brother, however for most of the largest names within the sport.
Keeping monitor of the day-to-day requirements of life grew to become an excessive amount of for some and Ivey was quickly pitching in to assist a few of the big-name gamers who had been pals with Phil. Eventually, Ivey Solutions was born.
“I was able to really get a true perspective on poker, life, business, and money and how it works,” says Cheyanne, who moved to Vegas in 2012. “That’s different from other consultants. Do they know how to play poker? I actually saw how poker could affect someone’s everyday life. The joke is that my clients get hooked on me because I take care of your personal life and your professional life. I make a point to get my players out of the mindset that they’re playing a game – they’re running a business. They don’t even think that they’re supposed to keep track of certain expenses or that they’re supposed to do certain things. And what happens is, a few years later, the IRS comes knocking.”
Being across the trade and having a information of the poker world helps Cheyanne and her group anticipate purchasers’ wants. Her understanding of the trade is what units her firm aside.
“Poker players have different playing styles, but they tend to have the same problems,” explains Cheyanne. “They worry about going broke. So, I help them grow and preserve their bankroll in ways that minimally interfere with their playing. A big part of my job is helping players best capitalize on their time away from the table. The poker room and normal life around family and friends are two very different worlds.”
Education And Application
Cheyanne’s academic background proved good in advising and offering providers for a few of the largest names in poker. She has levels in Spanish, German literature, and secondary schooling. She additionally studied French and Italian and is fluent in all 4 languages.
After school, she went on to show languages for 4 years and labored as an adjunct professor, whereas additionally including a grasp’s in schooling administration, an MBA, and grasp’s in accounting by age 24. Cheyanne accomplished her education with a regulation diploma from the University of Miami.
But her most necessary schooling for Ivey Solutions got here outdoors the classroom. At 15, Phil taught Cheyanne seven card stud in his Atlantic City rental along with his pals 40 years her senior. She’s been within the room for money video games and tournaments around the globe.
While 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. Players benefited from her language abilities 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 a wide range of real-world issues. Players 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 proper path and preserve 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 firm and workers put gamers first, Cheyanne says, and are out to ensure they’re taken care of. Overall, Ivey Solutions assists gamers in making rational selections about their lives and planning for his or her futures.
“I pride myself on being able to help people who play poker as a side profession and those who play poker exclusively, especially when it comes to tax law and business structures,” she says. “For example, I had friends that were just playing poker on the side to pay their tuition, but making enough money to trigger taxes. So I help the little guy, but also help out the big guys.”
Poker Hall of Famer Barry Greenstein has been a longtime buddy and sees Cheyanne as somebody who might be of profit to gamers with busy schedules and wishes in sure areas the place they could not have the time or experience.
“She’s an intelligent person,” he says. “She knows, obviously through Phil and his friends, what poker players’ needs are. You don’t meet many people who have got her initial qualifications. She’s got an MBA. She’s got a law degree, all this kind of stuff that might be necessary. She’s a person that you would think is qualified for the job because of her educational background, and because she does have a brother who’s in the business and has a lot of friends who were at the higher ends of the business. I definitely consider her a trustworthy person.”
“The difference between Phil and Cheyanne is that Phil is more quiet and thinking in his interactions,” the three-time bracelet winner added. “Cheyanne is more gregarious and engaging with people.”
Poker is a world sport and that’s not an issue for Cheyanne. One of her purchasers was enjoying and dealing in Barcelona. Ivey Solutions analyzed enterprise transactions that included paperwork in different languages. She additionally helped that participant perceive the taxes concerned within the deal and finances for these bills.
For overseas purchasers, Cheyanne’s information of languages helps those that could not converse English fluently and wish to grasp the tax implications that may include successful vital sums within the U.S. She might help gamers reap the benefits of the regulation 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 have seen the good, the bad, and the ugly,” she says. “I’ve seen the way, especially when these young guys win, how financial planners come after them because they want to make money off of the commission getting them into investments. People come out of the woodwork and it’s my job to be both a filter and sounding board.”
Cheyanne Knows A Guy And Has A Gal For Everything, Everywhere
Beyond tax and monetary consulting, Cheyanne has an answer for seemingly each want. A high-stakes shopper 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 consists of discovering lodging for a lot of gamers heading to the World Series of Poker every summer season. Whatever helps her purchasers carry out their greatest.
In Las Vegas, it’s all about who you already know. Ivey Solutions has workplaces in Summerlin and downtown Las Vegas. Cheyanne has a group within the US and an intensive community of pros 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 Solutions 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 Bank in Las Vegas, specializing in providing concierge service for his or her skilled poker participant purchasers by their skilled poker participant program.
Health being a serious concern for gamers, Ivey Solutions has a medical physician in Las Vegas who may even go to gamers in particular person and through “poker hours.” If hassle arises, Cheyanne will even ship flowers for a participant who could also be within the canine home along with his spouse. On the flip aspect, Ivey Solutions additionally has relationships with divorce attorneys as effectively.
If a participant wants a driver, safety, housekeeper, or caregiver, Ivey Solutions might help. Jewelry, luxurious automobiles, and with regards to virtually any private want – Cheyanne has a contact. For gamers needing a brand new automotive, Cheyanne can get a brand new experience delivered proper to a on line casino.
In truth, on a second’s discover, Cheyanne delivered a automotive to Erik Seidel… and to his baby at school… and one other to his spouse of their house state. It’s so simple as taking a fast break from the desk, and signing the paperwork on the hood of the automotive.
Few of us can telephone a sitting US congressman. But that’s what Cheyanne did to assist 2022 WSOP predominant occasion closing tablist Jeffrey Farnes get his passport utility permitted in a day. One name helped him make a journey the place he ran deep and cashed in huge.
Phil And Family
Cheyanne says Phil was all the time her protector rising up. He later supported her by paying her school 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 “incredibly intelligent.”
“A joke I used to tell is that my brother could have sold apple pie on a street corner and would have made millions of dollars,” she says. “I always knew I had somebody that had my back.”
Cheyanne acknowledges that different gamers want somebody of their nook, and she or he now has their backs.
“I care about this industry in a different way than other people,” she says. “I have my people take care of everything. In a world with as many swings as poker, I like to offer them as much stability and security in other areas of their life as possible.”
She stays in fixed contact with purchasers – therefore “poker wife” or “poker mom.” Those are titles she now wears with pleasure. She actually enjoys making life simpler for gamers who merely wish to concentrate on the playing cards they’re dealt.
For extra data on Ivey Solutions, go to www.theiveysolution.com, e mail Solutions@cheyanneivey.com, or name +1-702-670-0192. ♠
