Professional athletes find service that keeps up the pace
While professional athletes are rewarded well for their gifted athleticism, they also face unique challenges. Their season only lasts six to eight months of the year, creating income gaps during the off-season. While most people earn their salary over a career that spans 30 or 40 years, the timeline for athletes is much more compact, which could mean decades without the sizeable income you’re accustomed to receiving.
How we work with Athletes
We serve as your personal manager for all your financial affairs, partnering with all your other strategic advisors.
Our team has more than 15 years of experience providing tailored wealth counsel for professional athletes, including those already playing professionally, as well as newly drafted athletes preparing for their transition. We have the perspective and insight on how to effectively address your goals, allowing us to keep up with your financial needs during your time-pressed playing careers, while strategically and proactively planning for your post-playing days.
In addition to financial planning, we can help you with other essential matters such as budgeting and cash flow management, bill paying, tax planning and even buying a first or second home. We can also help evaluate business opportunities presented to you and manage income from endorsements or promotional appearances.
Our team can work closely with your agent as well as your other professional advisors, such as a CPA or attorney, to ensure every detail of your life is accounted for and in sync. We can sit down with you and map out a plan designed to provide income throughout your life and pursue goals such as preparing for your post-career life and providing for your family down the road.
You put in a lot of hard work, discipline and drive into being an elite athlete. Let your career earnings work equally as hard and disciplined for you.
Our services include:
- Wealth and investment management
- Private banking and lending solutions
- Cash management
- Estate and charitable planning
- Wealth transfer and legacy planning
- Succession planning
- Tax strategies
- Trust services
- Risk management
- Insurance and annuities
Private Banking and Lending Solutions offered by Raymond James Bank, an affiliate of Raymond James & Associates, Inc. Raymond James & Associates, Inc., and your Raymond James Financial Advisor do not solicit or offer residential mortgage products and are unable to accept any residential mortgage loan applications or to offer or negotiate terms of any such loan. You will be put into contact with a Raymond James Bank employee for your residential mortgage needs. Insurance and Annuities offered through Raymond James Insurance Group. Trust services provided by Raymond James Trust. Raymond James & Associates is affiliated with Raymond James Insurance Group and Raymond James Trust. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional.