FRNIL
All-Star
Investor Presentation
From the Locker Room to the Board Room
The First Revolutionary NIL Fund for Athletes,
Investors, and the Future of Sports

by Friends Wealth Management

The First Revolutionary
NIL Fund (FRNIL)
Pioneering Investment
The first legal, compliant NIL investment fund structured as a Delaware LLC.
Fiduciary Oversight
Managed by Friends Wealth Management, a Maryland-licensed fiduciary RIA.
Innovative Structure
Fully evergreen with rolling capital commitments
and NCAA alignment.
Friends Wealth Management Presents: FRNIL
The First Structured NIL Investment Fund
Reg D 506(c) Compliant
Meeting all regulatory requirements
Fiduciary-Managed by a Registered Investment Advisor
Professional oversight and management
Designed to Empower Athletes & Investors
Creating mutual benefit for all parties
The NIL Revolution
Is Televised
Built for Athletes.
Managed by Fiduciaries.
Open to Accredited Investors.
Athletes
Access to structured NIL capital
Fiduciaries
Professional management
Investors
Unique investment opportunity
The NIL Gold Rush
And Why You've Been Locked Out
$2.5B+ Market
NIL is a billion-dollar market with explosive growth expected in 2025-2026.
Opaque Deals
Current deals are unstructured, predatory, and inaccessible to
most investors.
FRNIL Solution
We structure deals.
We align incentives.
We deliver returns.
Now Is The Future
Of Investing

$84T Wealth Transfer
From the BabyBoomers to their heirs & charities
Between 2025-2045
FRNIL
Pioneering a new
Asset Class!
$2.5B
NIL Market
Projected market size by 2026
$62T
Millennials & Gen Z
Set to inherit this money
many want to invest in NIL
78%
Pro Athletes Percentage Who Go Broke

If your message sounds like their parents' advisor,
you’ve already lost them.
Built Like a Championship Portfolio
NIL Agreements
60% of portfolio

Private Secondaries
30% of portfolio
Private Credit
10% of portfolio
Run Like a Fund
Built for the Field
Compliance-Driven Operations
Adhering to all regulatory requirements
SEC, NCAA, and Fiduciary Oversight
Multiple layers of regulatory compliance
Custodied by Inspira
Professional asset custody
with over $65 billion in AUC
of which $26 billion in Alternative Investments
Structured by FWM
Expert fund architecture with a keen eye on balancing risk.
Athlete First.
Fiduciary Always
Our Proprietary
AIP Score™
Due Diligence System
Athlete Investment Profile™
(AIP Score™)
Comprehensive athlete evaluation
NIL ROI Scoring Model
Quantitative return assessment
NCAA/SEC/FINRA Legal Compliance
Regulatory adherence framework
No Debt
Just Opportunity
2.5x ROI Cap
Clear upside limit for athletes and investors
75/25 Split until Repaid
Fair revenue sharing structure
100% NIL Rights Revert to Athlete
Athletes maintain long-term ownership
What If It Doesn't
Work Out?
Agreement remains in place for 5 years post-graduation.
If the athlete does not secure lucrative NIL deals, a professional contract,
get's injured, or doesn't live up to expectations, we tear up the Agreement. Meaning the athlete owes nothing to the fund
and/or its shareholders.

This is not a loan.
No interest.
No clawbacks.
No debt.
Graduation
Your 5-year clock begins
Career Development
Continue building your brand with FRNIL support
Performance Review
Regular assessment of NIL success and strategy
5-Year Mark
If NIL hasn't been profitable, you can exit with no obligations
Investor Liquidity with Strategic Guardrails
3-Year Lockup per Tranche
Initial commitment period for capital stability
Every new dollar invested begins a new clock
Quarterly Redemptions
5% Gate to manage fund liquidity
Manager Discretion
Protects long-term returns for all investors
Siloed Risk
Targeted Return
Elite Team Investment Structure
Dedicated to NIL deals for Women Athlete's & Olympic Sports
Focused on high-profile agreements
Elite Siloed Investment Structure
Dedicated to NIL deals for individual investment

Investor Advantage
Ability to participate in both structures
Balanced risk and return profile
Not Just a Handout
FRNIL is an Investment.
The First of its kind.
Aggregated
NIL Deals.
Diversified Exposure.
Streamlined Tax & Legal
Simplified structure for efficient management
Scalable Across Athletes, Genders, Sports
Diverse representation across collegiate athletics
Efficient Cost Structure
Maximizing returns through operational efficiency
Private Equity Meets
Athletic Performance
Uncorrelated Asset Class
NIL investments provide portfolio diversification independent from traditional market movements
Impact + ROI
Opportunity to support athlete development while generating financial returns
First Mover Advantage
Early access to an emerging investment category
with significant growth potential
From the Locker Room
to the Board Room™
Invest in the Future
of Sports™
Be part of the revolutionary NIL movement transforming collegiate athletics
Legacy'd™
Learn how to build generational wealth. Create sustainable financial outcomes for both athletes and investors
Athletes First. Fiduciary Always.™
Work with professionals legally bound to act in your best interest
FWM = Fiduciaries
Performance. Brand. Ownership.
Structured NIL Capital
Immediate financial resources without long-term obligations
Career Branding Guidance
Professional support for personal brand development
Retain Future Income Rights
Athletes maintain control of their long-term earning potential
Simple. Compliant. Scalable.
Join team FRNIL:
Complete Subscription Docs
Start the investment process with proper documentation
2
Accreditation Verified
Confirmation of investor qualification
Wire Funds to Custodian
Secure transfer of investment capital
Join the Team
Become part of the FRNIL investment community
Contact Us
Important Compliance Disclosures:

This document does not constitute an offer to sell or solicitation of an offer to buy any securities. Offers and sales of interests in the FRNIL Fund are made exclusively to accredited investors pursuant to Rule 506(c) of Regulation D promulgated under the Securities Act of 1933. Investing involves significant risks, including the potential for the loss of the entire investment.
Past performance does not guarantee future results.
The FRNIL Fund LLC is custodied at Inspira and co-managed by Friends Wealth Management & 3rd party investment managers. The fund may be subject to audits within the year. Investors are advised to carefully review all subscription agreements, operating agreements, and disclosure documents before investing. Prospective investors should consult their financial, legal, and tax advisors prior to making any investment decision.