in 2012, the sports business journal reported on klarberg's expansion of monarch management. the report of this expansion included klarberg's proposed acquisition of miami-based asf consulting, a firm owned by allen furst that represents several current and former mlb and nba players, including roy hibbert, jeff green and alonzo mourning. klarberg further expanded monarch when he hired former major league baseball starting pitcher and united states olympian kris benson as managing director at monarch business & wealth management.