Firmly established among MLB athletes, the business management company is following suit within the music industry.
—José Silva, CPA
SAN JUAN, PUERTO RICO, USA, July 26, 2022 /EINPresswire.com/ — José Alberto Silva is no stranger to the entertainment world, nor is he used to working with superstars. Since founding his accounting and financial advisory firm Grupo Silva, Inc. in 1998, the visionary CPA has become well known for his honorable reputation and expertise, first among MLB athletes and more recently among football professionals. music industry.
Growing up next to Atlanta Braves star receiver Javy López, Silva began offering his friend financial advice while attending Georgia State and Mercer University. López had recently been promoted to the majors and sought Silva’s advice on managing his finances. It was then that the aspiring CPA began helping professional baseball players like Andrew Jones and Rafael Furcal organize their finances.
In the late 90s, Silva set a goal to become the first Hispanic to provide professional financial advice to Major League Baseball athletes. Beginning in bootstrap fashion, Silva’s first clients were Puerto Rico Pro Baseball League and MiLB players. After a few years of hard work, the accounting entrepreneur finally got his chance when he was approached by Javier Vázquez of the Arizona Diamondbacks to be the pitcher’s accountant and financial advisor. From then on, Silva began to make a name for himself in the MLB circle, eventually meeting MDR Sports Management CEO Melvin Román.
Román, a Hispanic pioneer in professional sports, became the first Puerto Rican to represent MLB athletes. With his support, Grupo Silva has continued to establish itself as a competent and reliable company within the professional baseball community. Their client list has grown to include St. Louis Cardinals catcher Yadier Molina, Minnesota Twins pitcher José O. Berríos, Boston Red Sox catcher Christian Vázquez, Los Angeles Angels pitcher José Quintana and over 50 other athletes from Cuba, Mexico, Venezuela, Panama, Colombia, Nicaragua, Curaçao and Brazil.
Expanding its services beyond the scope of a traditional accounting and tax/financial consulting firm, Grupo Silva has become a business management firm that offers customized solutions to maximize revenue and growth opportunities for clients. such as event producers Francisco “Paco” López and Javish Casillas, companies like No Limit Entertainment, Sold-Out Entertainment and Live Nation Puerto Rico and urban contemporary/reggaeton artists like PJ Sin Suela, Zion & Lennox, Cosculluela and Wisin among others in the music and entertainment industry.
“Different from professional baseball, where I started from scratch, we were able to grow even more and faster in the music segment thanks to the work we did for Paco (López) and Wisin, which opened the doors for us to us to work with various reggaeton artists, producers, managers, sound engineers, promoters and independent labels such as La Base,” said Silva. Launched in 2020 by reggaeton powerhouse Wisin and developed under Silva’s business leadership, La Base has become one of the fastest growing and most successful record labels in the reggaeton music scene.
“Our clients are very creative people, and our main goal has always been to provide them with the means and the space to focus on their work by taking care of the business end of their careers which can be quite complex, especially when these are tasks such as accounting for tours and live events, evaluation of masters, audits of royalties, analysis of contracts, taxes, insurance, etc.,” says Silva.
The Grupo Silva founder looks to the future, reflecting on the impact of CoViD-19 on the entertainment industry where music streaming has grown exponentially and new opportunities – like virtual events – have arisen. The company is also looking to expand into sports and entertainment marketing and esports.
Grupo Silva, Inc. is a business management company that provides accounting, tax and financial advisory and consulting services to Hispanic professional athletes, artists, music professionals and high net worth individuals through its offices in Puerto Rico and Florida.
For more information, visit www.gruposilvapr.com or call (787) 290-9290.
Facebook / Instagram: gruposilvainc
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