Secure your legacy

Unfortunately, statistics reveal that an estimated 40% of professional athletes are at risk of bankruptcy within five years of retirement. The reason for this is the short-earrings window for a professional athlete, spending frivolously and the lack of financial planning to maximise these earnings. Without the support of a professional advisor, a professional athlete fails to implement an effective investment strategy, which can secure long-term financial security and retirement.

The initial primary focus is maximising earnings from various sources, including endorsements, salaried earnings/winnings, and investments. Capitalising on these peak earning years involves the diversification of income streams and strategic investment planning. Sports professionals should diversify their investments from stocks to real estate and pursue business ventures aligned with their goals and values.

Without proper planning, an athlete’s wealth can be exposed to unnecessary taxes, legal disputes, and mismanagement. Estate planning provides control over how assets are distributed and can protect wealth from creditors, divorces, or poor financial decisions. Starting early ensures that athletes can make thoughtful, strategic decisions with guidance from trusted advisors.

We deploy a tailored strategy covering all facets of wealth management which align to an athletes unique earning cycle. This involves receiving tailored investment advice by our specialist partners, which can ascertain the athletes risk appetite and unique goals. Our services in-house include structuring the athletes wealth to meet their immediate goals and to help them create a long-term plan. We deploy techniques such as estate planning and succession planning, which helps the athlete secure financial stability for the future with a long-term plan. As a global fiduciary provider, we have several locations which are ideal, stable landscapes for storing private wealth where we implement trust structures, foundation companies
and planning vehicles to protect and preserve an athletes wealth.

We offer a boutique lifestyle concierge service which involves a range of tailored services to support an athlete with various aspects of their demanding lifestyle. Our focus is to ease the pressures of working in sport, whether that's physically, mentally or emotionally. Our multi-family office solution involves a range of specialist partners that we trust that can offer dedicated support to the athlete, such as nutritionists and healthcare professionals. We also offer support with handling media enquiries, public relations, and managing an athletes personal brand and assist with daily and administrative support such as travel arrangements.

Trusts are protective method to pass on wealth to future generations and can offer many financial advantages. By establishing a trust, individuals can control how their estate is distributed and manage the tax liabilities associated with inheritance and wealth transfer. Many individuals utilise trusts to preserve family wealth over multiple generations. Trusts can protect assets from mismanagement or wasteful spending, ensuring that wealth is preserved for future generations. Trusts can be tailored to suit the settlors wishes, which is why they tend to be favourable option too. Foundations are also a popular vehicle, they are considered a separate legal entity, which minimises any legal risks and implement strong controls and governance to protect assets or wealth.

We have a range of locations which have favourable environments to store wealth, including the Isle of Man, Malta, Cayman Islands, UK and USA. To protect and preserve wealth, its important to choose a jurisdiction that has a stable political and economic environment and a robust legal environment to ensure the wealth is protected. Some jurisdictions, such as offshore locations, also offer efficient fiscal regimes which can provide some financial advantages. We provide our clients with guidance on each jurisdiction, outline the wealth vehicles in place and their characteristics, and help them choose which location best suits their goals.
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