Helping Professional Athletes Protect their hard-earned wealth

As studies suggest, the average professional sports career is under 10 years, with the averages falling in the 5–6-year time frame. NFL Athletes are usually the shortest, 3-5 years and contracts are not guaranteed. NBA, 4-5 years. MLB, 5-6 years. NHL, like baseball 5-6 years. One might find it surprising to know that professional athletes tend to live 5.1 years longer than the average lifespan of the general population which is primarily attributed to a life of health, science, accessibility to advanced healthcare and habits.

Career earnings of professional athletes vary across all sports and the calculus that goes into an athletes earnings include Bonus + Salary + Endorsements + Public Appearances + Investments – Taxes – Management Fees which is why North 49 Wealth Advisors has expanded into the Professional Athlete segment where we have been instrumental in collaborating with representatives of professional athletes in guiding them in all matters of wealth creation, wealth preservation, wealth planning and through Raymond James’ cross border offering North 49 Wealth Advisors has been able to offer a fulsome shelf offering of solutions to protect the athletes hard earned assets and aid them in there financial transition to nonprofessional athlete.