WHAT TO CONSIDER
Financial Windfall | Get a Game Plan in Place
Signing a professional sports contract and endorsement contracts often come with big dreams – and big concerns.
Below are a few things to consider:
Salaries are taxed by Federal, State and local governments
Agent fees, management fees and league escrow fees are deducted
Majority of earnings early in life; earning power typically declines upon career end
Beware of risky business ventures and predatory schemes
Be cautious of family and friend ‘entourages’. Set boundaries
Life After The Pros | Prepare for the Transition
To help avoid the feast-to-famine transition from a pro career to a second career, take steps early on to bridge the transition:
Plan for two careers: pro career and the career after
Be cognizant your lifestyle may not be sustainable after the pro career is over
Learn the basics of finance
Surround yourself with the right people: work with a team of third party investment professionals who are fiduciaries
Invest in your league’s retirement plan
Enroll in your league’s financial education program
INDIVIDUAL SERVICES & CAPABILITIES
Our one-on-one approach to helping you manage your personal wealth sets us apart from other firms.
ADVICE AND PLANNING
Comprehensive Financial Planning
Education Planning
Tax Planning
Estate Planning
Charitable Giving
RETIREMENT INCOME PLANNING & MANAGEMENT
Retirement Income Projections
Retirement Income Roadmap
Income Investment Portfolio Management
Periodic Review of Income Plan
CASH MANAGEMENT SERVICES
Interest-Bearing Money Market & FDIC Insured Accounts
Debit Card with Rewards Points
Checking
Electronic Transfer (ACH)
Electronic Bill Pay
Direct Deposit
SECURITIES-BASED LENDING
Securities-based Credit Line
Margin Accounts
INSURANCE
Life Insurance
Income/Annuity
INVESTMENTS
Managed Account Programs
Alternative Investments
Equity and Fixed Income Strategies
PROFESSIONAL REFERRALS
If you don’t have access to legal, tax, and accounting professionals, we can refer you to a qualified expert who understands your unique needs. We are also happy to refer you to current, retired, and Hall of Fame players, who can share with you their experiences while in and out of the league.
