Professional Athlete Wealth

  • Professional Athlete Wealth

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    Welcome to Ulin & Company Wealth Management’s concierge-level Professional Athlete Wealth Program. Please call us today in full confidentiality at (561) 210-7887 for more information. Our concierge-level programs are designed for current & retired athletes from the big four leagues; NBA, NFL, NHL & MLB.

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    Your Financial Team

    Ulin & Co. provides sound investment management, wealth counseling and retirement planning expertise that aligns with your unique needs, goals and vision of your financial future as a professional athlete before and after you retire.

    We serve as your personal “CFO” and trusted “financial coach” every step of the way. Our focus is to work seamlessly with your family as well as with your professional team of sports agents, managers, CPA’s and attorneys’ to help coordinate your financial life, get you organized and work to improve and maintain your financial health and your money-mindset.

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    Your Next Steps

    Our team believes in empowerment through education and financial literacy. There is no better way to get control back over your finances before or after your professional career- than by creating a financial game-plan and working with an accredited financial advisor and coach.

    As part of our concierge-level Professional Athlete Wealth Program, we will be available to you 24/7 as your personal financial advocate to discuss any financial matters that arise and help you to make smart decisions with your money, life and personal finances.

    Our success is measured by our client’s success, which is a benefit that goes well beyond the numbers. We provide a personalized approach centered on life-time relationships founded on mutual trust and respect.

    Please call us today in full confidentiality at (561) 210-7887 for further information on our 1 on 1 services for NBA, NFL, NHL and MLB current and retired players.

    *As reported by Financial Planning Magazine, June 1996-2017 based on total revenue.

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    [Plan-Protect-Execute] Program

    Create a Comprehensive Financial Game-plan
    Plan: Financial Planning & Retirement Planning
    Protect: Insurance & Estate Planning
    Execute: Wealth Management Services

    We can help keep you financially on track, work to avoid the blind-spots and allow you to focus on what is most important- your career, team and family. Experience the difference of working with an accredited advisor and experienced team that truly cares about what matters most to you and your family.

    Our team members are multi-talented with many years of experience and bring a tenacious work/life attitude to the table. We are branch owners of our own firm (like a franchise) and not just employees at a big bank. Our mantra is to always “be at 100” for our clients 24/7.

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    Why Professional Athlete Wealth:

    As noted in the Forbes article from Aprils 2018 “NFL Players Need A Playbook,” it is critical for athletes that come into sudden wealth to have both a playbook and financial team to help advance and protect their wealth. “Player’s salaries are cut by about 50% after taxes and agent fees. Long story short, an athletes life after their playing career lasts much longer so using the money you can make during those years to prepare yourself for your future is paramount to a life of stability and security.”

    Through our experience, exceptional resources and concierge-level service, we believe we can greatly help you to get you on track and stay on track for your financial future, one step at a time.

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    Don’t Get Sidetracked 

    While organizations including the NFL conducts workshops for players covering topics such as substance abuse, gambling and personal finance, their effectiveness is a matter for debate. Many pro athletes may assume the money will keep flowing in for years, but that’s usually not the case.

    The need for financial advice is indisputable, as the average career of a professional athlete is typically anywhere from only 3-5 years. The challenge is making the earnings of a relatively short career last a lifetime.

    In “Going for broke: When athletes lose it all,” (CBS 9/13/2015) it is noted that athletes should take some sort of “financial boot camp” beyond courses offered in college. According to league statistics, the average career in the NFL is a little more than 3 years; Major League Baseball, about 5. The NBA is right in the middle. But planning for that kind of early, early retirement isn’t on most rookies’ minds when they hit the lottery.

    Of the approximate 2,000 college football players drafted during the 8 years 1996-2003 who went on to play in the NFL, 1 out of 6 athletes (i.e., 15.7%) filed for personal bankruptcy within 12 years of retiring from the league (source: National Bureau of Economic Research).

    Even more disturbing, is that athletes often delegate too much and oversee too little. Some entrust others not just to make the big financial moves but to pay routine bills. As noted in Wikipedia, “Only one out of every three professional athletes is focused on the business side of his or her career”.

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    Money Smart Athletes

    There are some pro-athletes that got Money Smart before and after retirement as noted in 8 Ex- NFL Starts Made a Fortune. Bucking the perceived trend, these former football stars hang onto — and even grow — their nest egg.

    Developing disciplined financial habits are not skills taught in college. The 7th tip in 10 Secret Mindsets of Multi-Millionaires points out to “Produce Relentlessly.”

    A famous NBA player confided that he cannot go a day without shooting 1,000 shots every day. Financial success takes the same amount of grit and focus. Attaching yourself to your purpose is the secret to becoming a success both on and off the court.

    About Our Firm 

    Your relationship manager, Jon W. Ulin, CERTIFIED FINANCIAL PLANNER™, Private Wealth Advisor and CEO of Ulin & Co. Wealth Management brings 18+ years of experience to the table to help get you financially on track while providing an objective approach you can trust with our concierge-level [PLAN-PROTECT-EXECUTE] Professional Athlete Wealth Program.

    Ulin & Co Wealth Management is a trusted, independent advisory firm serving successful families, individuals, retirees, corporate executives and business owners in South Florida and beyond for many years and generations. We provide our clients fee-based portfolio management and financial planning expertise, which includes retirement income, tax, insurance and estate planning strategies.

    As a fiduciary, Ulin & Co. brings an independent approach to wealth management that helps minimize conflicts of interest. We partner with Charles Schwab, Fidelity and Pershing for asset custody and management.

    Call Jon today at (561) 210-7887 to learn more about our concierge-level [PLAN-PROTECT-EXECUTE] Professional Athlete wealth program and to set up a no-obligation consultation.

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    Why utilize an independent financial advisor firm

    Independent Registered Investment Advisor (RIA) firms provide personalized financial advice to their clients, many of whom have complex financial needs. Because advisors at these firms are independent, they are not tied to any particular family of funds or investment products. As fiduciaries, they are held to the highest standard of care – and are required to act in the best interests of their clients at all times. They are registered with either the Securities and Exchange Commission or state securities regulators.

    Key benefits 

    Many independent advisory firms are owned by the individual advisors who run them, so they forge personal relationships with their clients.  The following five areas can help add trust, confidence and value when working with an independent advisor and firm: 

    -Customized guidance based on your entire financial picture.
    -A relationship that’s responsive, attentive, and personal.
    -A fee structure that is simple and transparent.
    -A high level of expertise to support your complex financial needs.
    -Your money is held by an independent custodian, not the advisor firm.

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    Why utilize a CERTIFIED FINANCIAL PLANNER™

    Plan with confidence. Partner with a CFP® Professional 

    Learn more: Why work with a CFP® pro? 

    Download our Guide to Selecting an Advisor  

Ready to take the next step? Contact us to get started today!