Financial advice for sports and entertainment professionals
Many sports and entertainment professionals don’t have time to think about finances, but proper planning is essential to ensure that your money works as hard as you do.
We understand that people in the public eye need discretion; rightly prefer to concentrate on their career rather than the details of their finances; and invariably have complex financial circumstances. We help you understand your finances - including tax liabilities, bills and expenditure.
Preparing for the next phase
Sports and entertainment professionals may earn a lot of money over a relatively short career, with the consequence that they can be caught out when it comes to retirement. We create a financial plan and investment portfolio to help save for retirement and become financially independent later in life. These take into account current income and contracts, and make the most of annual pension allowances as well as the generous tax benefits that come with pension contributions.
Advice centred around careers
Our advice is tailored to your individual circumstances and career.
As your career is your most valuable asset, we also ensure a suitable level of protection is in place. This can guarantee peace of mind and financial stability, even in the event of an illness or injury that may shorten or end a career.
We use sophisticated cashflow modelling software to forecast your future finances and ensure that you are on track to achieve your goals. This can help to answer questions around how much you need to save or invest to maintain your lifestyle and how long your money will last.
Forecasting the future
It is important to take sound financial advice with respect to managing your taxes. As financial planners regulated by the FCA we help our clients to manage tax by ensuring their finances are structured as tax-efficiently as possible, so no more tax is paid than is necessary; and making the most of the available tax allowances for ISAs, pensions, capital gains and more.
Managing tax
The value of your investment (and any income from them) can go down as well as up and you may not get back the full amount you invested. The Financial Conduct Authority does not regulate tax advice.