Serving athletes can be highly rewarding—and quite interesting for sports-fan advisors. Keeping these rules of thumb in mind can give you a head start on developing an advisory mindset suited to this singular clientele.
David Robinson, CFP, is founder/CEO of RTS Private Wealth Management, an SEC-registered firm in Phoenix that provides fiduciary services to help clients achieve their financial goals. His practice focuses on helping wealthy individuals—including NBA, NFL and MLB athletes—with custom plans, using a holistic approach to grow/protect wealth, manage taxes, identify insurance solutions, prepare for retirement and manage estate plans.