Unlike several other partnerships, Four-Board does not charge its owners extreme management fees or service charges. The race offerings are purchased either privately or publicly by noted bloodstock agent Jim Cullen, owner and president of the Lexington-based agency Cullen Bloodstock and founder of Four-Board Stables. A syndication price is then set based upon the purchase price of the horse and expenses associated with securing that runner. Information regarding those costs is readily available for review. Interested parties may then purchase an interest in a horse based upon that syndication price, with a minimum investment of at least five percent (5%) per horse.

From that point forward, the owner simply shares in the expenses associated with training and caring for the runner. All expenses are paid at cost, and owners receive invoices for all services rendered to their horses. What’s more, owners receive their commensurate share of purse earnings, as well as any revenues generated from the sale or future syndication of their horses. Four-Board management receives five percent (5%) of any purse earnings – that’s the only fee our partners absorb. We feel that is the most fair and equitable process: quite simply, Four-Board gets paid for its performance. It doesn’t get paid if the horses don’t perform up to expectations.

We are very sincere and firmly committed to providing our horses with the best care possible. Our pledge to our partners is that Four-Board will always treat each of our horses as individuals, not just as numbers or assets in a larger equine portfolio.

Four-Board employs the best horsemen to oversee the racing careers of its stable. Most notable among them is trainer Bill Denzik, a lifelong horseman who grew up on a modest breeding farm in Kentucky. Denzik has worked for such accomplished horseman as Neil Howard, Carl Nafzger and William “Blackie” Huffman, and he served as assistant trainer to the latter two for more than five years before going on his own. A trainer with more than 15 years experience, Denzik’s superb training abilities are matched only by the deep and sincere care he has for his horses.

Four-Board Stables is an officially registered and licensed limited liability corporation (LLC), and all its investing partners will receive regular financial statements reflecting their personal stable. In addition, Four-Board files all necessary state and federal tax documentation so that its owners receive tax statements (usually Form K-1s) reflecting their investments and annual business gains or losses.

Four-Board Stable prides itself on involving its partners in the daily nuances of their horses. Through regular emails and its dedicated website, owners will be provided regular updates on Four-Board runners, their racing status and any upcoming races that might be possible. Additionally, our partners are actively involved in the decision-making process relative to the horses’ careers, in the hope that we can maximize Four-Board owners’ personal enjoyment of the sport.