Seeing Through the IPO Hype: How Opal Helps Advisors Stay Focused on Fundamentals

The IPO market has roared back in 2025, with headlines full of triple digit pops reminiscent of the dotcom boom. Clients are asking about the “next big thing,” and advisors are under pressure to respond. From cryptocurrency platforms to software giants, this summer’s IPO wave has been hard to ignore.

But at Opal, we know that quick pops rarely tell the whole story. As exciting as a first day surge may look, it often says more about a company’s sales process than its long term fundamentals. For advisors, the challenge is turning client curiosity into teachable moments and ensuring portfolios are built for durable success.

Why Fundamentals Matter More Than First Day Pops

At Opal, our focus is always on fundamentals:

• Balance sheet quality: companies with low debt and strong free cash flow.

• Sustainable earnings: businesses that can generate consistent profitability.

• Return on capital: a clear pathway to long term growth.

As Austin Graff, Co Founder and CIO at Opal, explains:

“While the excitement of a first day pop may appeal to emotions, lasting returns come from fundamentals. Our role is to help advisors and their clients focus on what truly drives long term performance—earnings, cash flow, and disciplined capital allocation.”

This disciplined approach helped bring 49 Financial onto the Opal platform. While their peers were caught off guard by volatility, our ability to challenge conventional thinking and focus on forward looking positioning created stronger client outcomes and confidence in the advisor relationship.

Turning Volatility Into a Teachable Moment

IPO hype can be an effective conversation starter, but it is also an opportunity to highlight the bigger picture. Advisors do not need to chase the market’s excitement. Instead, they can rely on our institutional research and disciplined process to frame the risks and rewards for clients.

That is the value Opal adds: giving advisors the tools, positioning, and confidence to deliver advice that looks beyond the day’s headlines.

The Opal Advantage for 49 and Beyond

When 49 partnered with Opal, they gained:

• Scale: time back to focus on clients, not day to day trading.

• Clarity: a consistent story that clients understand.

• Support: a partner that helps advisors reinforce their credibility.

The recent IPO boom is just one example of how investor behavior can shift quickly. With Opal, advisors like 49 Financial do not have to navigate those shifts alone. We act as an extension of their team, providing strategies that cut through noise and position clients for sustainable results.

For more on this conversation, read the original coverage here: Hot IPOs are back! Financial advisors discuss how to deal with client demand.

To learn more about working with Opal, visit www.opalinvest.com or reach out to us at info@opalinvest.com.