Wall Street Farms, Inc., Memphis, TN

• Quarter Horse Training Facility
• Tax Shelter Sales Center
• Discount Catalog Sales
• Pecan Orchard and Hay Operation

In the mid 80’s, the biggest concern for high-net-worth individuals was the 50% tax bracket.  This created the opportunity to show investors how to own a Show Horse, which competed for money, and provided them the self-satisfaction of owning a horse that would take them to the winner’s circle.  In order to meet the demands of this desire; I was responsible for the Start-up, management, recruiting, training and supervision of managers and staffing, new-product research & development, retail, agriculture, livestock, tax-shelter, relationship development, and new client procurement.  Within 2 years of inception, Wall Street Farms dominated the western pleasure quarter horse industry and had sold over $4,000,000 of equestrian tax shelters.

The Quarter Horse Division which kept 40 to 60 show-horses, show-horse prospects, and broodmares in inventory for sale.  It had a Division Manager, plus seven full time employees who trained and showed horses.

The Horse Supply Division was the industries first discount catalog sales company.  We offered over 6,000 items including a full line of saddles, leather accessories and other farm supplies.  It had a Division Manager, plus three full-time employees and advertised nationally and procured customers in every state.

The Pecan Orchard Division had a Division Manager, plus four full time and eight part-time employees who operated a 457 acre pecan orchard located on a 3,200 acre hay ranch.  Their duties included chemical insect and disease control, grafting, pruning, harvesting, and general orchard management, in addition to pasture improvement and a square-bale hay operation.

EQUESTRIAN TAX SHELTERS

• Researched, planned and developed Equestrian Tax Shelter Private Placements
• Planned and managed an annual budget exceeding $1 million
• Coordinated legal and tax professionals in developing effective livestock agriculture tax deferment program for high net worth individuals in the 50% tax bracket
• Developed and Trade Marked a Private Stock Offering called The American Fifty
• Developed and executed a comprehensive business and marketing plan
• Recruited, trained and supervised 3 Division Managers and 25 employees
• Sold over $4 million in Equestrian Tax Shelters

OTHER ACCOMPLISHMENTS and ACTIVITIES

• 1985 Top Total AQHA Western Pleasure Money Earner in the U.S.
• 1986 World Champion Western Pleasure Palomino, Skip’s B.J.
• I owned and stood 3 AQHA studs:
  • Roping Chute, 1985 top AQHA Western Pleasure money earning Stud
  • Dandy J. West, Superior Western Pleasure Horse
  • Impressive Choice, World Champion Halter Horse