While most people earn their salary over a career that spans 30 or 40 years, the timeline for professional athletes is much more compact. Receiving a sudden influx of wealth may be a temptation to spend without regard for the future. Special care must be given to help ensure that bonuses and earnings are well managed so that assets will be available later in life when needed.
This money needs to last decades, not just years. We map out a plan designed to help provide income throughout your life and pursue goals such as providing for your family and preparing you for when you are done playing.
In addition to financial planning, we help you with other essential matters such as budgeting, cash flow management, bill paying, tax strategies and risk management. We work with your agent to help evaluate business opportunities presented to you and manage income from endorsements or promotional appearances.