Professional athletes train for the majority of their lives to master a sport. Very few athletes, however, have taken the necessary time to master their finances, as they may lack the financial knowledge to do so.
Talented athletes are capable of accumulating wealth early in life. However, many players fail to plan for when their athletic careers come to an end. Without the proper guidance from a financial professional many athletes are destined for serious financial complications.
Athletes tend to make the mistake of letting family and friends manage their money. Often times, these individuals lack the financial know-how and expertise required to properly manage one’s finances.
Fortis Lux advisors educate athletes on how to manage their finances, and create and adhere to a Financial Strategy.