Financial Planning for Professional Athletes
Play your best financial game to live your best life.
Financial Playbooks for Professional Athletes and Collegiate NIL Players
The team around the team matters. Making sure you have the best coaches in all areas of your life is of paramount importance – it’s no different for your financial advisor and wealth coach.
I am thankful Beacon Pointe has given me peace of mind on how I can plan for my future with my family. They have broken down different aspects of finance to be aware of and have made everything super simple about what our long-term plan looks like.
Maddie Musselman
2x Olympian Gold Medalist
USA Women’s Waterpolo
Important Disclosure: Maddie Musselman is a client of Beacon Pointe and is being compensated for her testimonial of the firm. Any compensation creates a conflict of interest and Maddie Musselman’s comments or opinions may not be representative of any other person’s experience with the firm.
Case Study
Why Work with a Financial Advisor?
You’ve just secured a $1 million signing bonus or endorsement deal, congratulations! It’s tempting to splurge and enjoy the thrill of big spending. However, taking advantage of crucial wealth-building years and thoughtfully allocating your money can transform your life. What if you could supercharge your future by allocating portions of your earnings for top life priorities and build towards future financial security? We coach our clients to create strategic, long-term plans to build wealth so they can focus on winning the big games.
Maximize the earning window
An athletic career can create wealth faster than most professions, but the window is often shorter. We help athletes make the most of peak earning years by aligning spending, saving, investing, and tax strategy around long term financial freedom.
Protect what you build
High income can create opportunity, but it also brings complexity and risk. We help athletes put the right protections in place for cash flow, taxes, liability, family needs, and major life events so wealth is not only created, but preserved.
Turn success today into security tomorrow
A contract, signing bonus, or endorsement deal can be life changing, but only if it is managed with intention. We guide athletes in turning current success into a durable financial foundation that can support life after competition.
Coordinate every financial move with purpose
For professional athletes, financial decisions rarely happen in isolation. From investments and taxes to branding opportunities, home purchases, and family planning, we help bring every part of the picture together into one clear strategy.
Financial Guidance for Every Stage of an Athlete’s Journey
Sports Illustrated reported that 78% of NFL players and 60% of NBA players face serious financial hardships a few years out of retirement, while the National College Players Association stated that around 86% of college athletes live below the federal poverty line.
We are here to ensure that doesn’t happen to you!
Our advisors are here to guide both NIL collegiate and professional athletes through financial planning, investment selection, endorsement deals, and tax strategy, ensuring their financial lives remain protected, organized, and accessible through a dedicated personal financial hub. Our competitive spirit drives us to win alongside our clients, and we are here to protect and help our clients through all types of Major Life Transitions, such as:
Schedule a Consultation with One of our Wealth Coaches.
Making sure you have the best coaches in all areas of your life is of paramount importance – it’s no different for your financial advisor.